Miramar, FL
Commercial Real Estate Market Trends & Data

$524 Avg asking sale price
$29 Avg asking lease rate
8,870 SF Avg unit lease size
5,396 SF Avg building size for sale
5.90% Average cap rate

Miramar's Demographic Profile

Miramar has 38,531 households and a median income of $82,145, providing context for rent absorption and tenant demand across retail and multifamily assets. A -2% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 125,845
# Households 38,531
Median age 38
Median household income $82,145
Avg household size 3.0
Renter-occupied housing units 13,114
5-year population change -2%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Miramar, FL

↻ Updated Monthly

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Miramar $370 10,958 SF 5.95%
Pembroke Pines $415 6,119 SF 11.00%
Hialeah Lakes $305 25,666 SF 7.33%
Miami Lakes $305 25,666 SF 7.33%
Hollywood $550 6,626 SF 11.01%
Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
Miramar $365 4,531 SF 7.06%
Pembroke Pines $431 4,606 SF 7.06%
Hialeah Lakes $874 12,623 SF 7.70%
Miami Lakes $335 12,004 SF 5.78%
Hollywood $409 10,221 SF 7.15%
Nearby Retail Markets Avg Cost/SF Typical Size
Miramar $634 5,258 SF
Pembroke Pines $4,279 5,094 SF
Hialeah Lakes $230 40,266 SF
Miami Lakes $287 39,075 SF
Hollywood $1,481 6,170 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Miramar $450 7,294 SF 6.99%
Pembroke Pines $15,833 2,147 SF 6.99%
Hialeah Lakes $3,336 5,300 SF 7.70%
Hollywood $1,567 10,186 SF 20.36%
Miami Gardens $272 11,627 SF 8.90%

Commercial Properties For Sale in Miramar

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

5521 SW 34th St

Pembroke Park, FL 33023

  • 1,384 SF Multifamily
  • 5.99% Cap Rate
  • $499,900
For Sale

CLOUDSIX PORTFOLIO BROWARD & MIAMI DADE

  • 5.95% Cap Rate
  • $4,324,062
For Sale

5720 Hallandale Beach Blvd

West Park, FL 33023

  • 1,500 SF Retail Building
  • $895,000
For Sale

41 William Rd

West Park, FL 33023

  • 2,780 SF Retail Building
  • $1,890,000
For Sale

6142 SW 40th Ct

Miramar, FL 33023

  • 1,502 SF Multifamily
  • 6.74% Cap Rate
  • $479,000
For Sale

2110 SW 60th Way

Miramar, FL 33023

  • 2,639 SF Industrial Building
  • $750,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

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Nearby Commercial Markets

Comparing nearby markets helps investors see whether Miramar pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Miramar $524 5,396 SF
Pembroke Pines $2,473 4,936 SF
Hialeah Lakes $1,022 17,996 SF
Miami Lakes $323 18,956 SF
Hollywood $955 9,350 SF

Regional Demographic Comparison

This comparison places Miramar alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Miramar or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Miramar 125,845 38,531 38 $82,145 3 13,114 -2%
Pembroke Pines 159,691 57,976 43 $77,809 3 18,378 -2%
Hialeah Lakes 99,490 34,385 41 $60,716 3 18,203 -3%
Miami Lakes 28,399 10,301 43 $89,055 3 3,781 -3%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Miramar, FL and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Miramar

View All Commercial Real Estate For Sale in Miramar
Is Miramar a good market for a first-time commercial real estate investor?

Miramar offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Miramar?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Miramar. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Miramar?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Miramar. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Miramar compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Miramar. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Miramar acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Miramar, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

Nearby Market Trends