Office Space in Miami
Office Space in Miami. Miami runs from Brickell and Downtown office to Wynwood retail and a vast industrial base along the river and airport.
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Office Space in Miami
Office pricing in Miami turns on class and location — Class A commands a premium while value Class B stock nearby trades for far less. Beyond rent, watch the parking ratio, the build-out/TI you’ll need, and whether the lease is gross or NNN. I help tenants and buyers separate the trophy price from the workable one.
Miami office pricing, cut by building size
Across 221 recorded office sales in Miami, price per foot moves with building size more than most buyers expect: 2,500 to 10,000 SF has traded at a median of $482/SF, above 25,000 SF at $359/SF.
Miami office — median price per square foot by building size. Recorded arm’s-length sales, 2021–2026.
| Building size | Sales | Median $/SF | Middle half | Median price |
|---|---|---|---|---|
| Under 2,500 SF | 128 | $448 | $354–$530 | $425,000 |
| 2,500–10,000 SF | 50 | $482 | $381–$668 | $2.31M |
| 10,000–25,000 SF | 19 | $385 | $328–$580 | $5.10M |
| 25,000 SF and up | 24 | $359 | $214–$712 | $48.2M |
Swipe the table sideways to see every column.
Every figure here is a median of recorded arm’s-length sales. The thinnest band on this table rests on 19 of them, so treat it as a bearing, not a number to sign to.
The pattern holds except in one place: the 2,500–10,000 SF band prices higher than the under-2,500 SF band, $482/SF against $448/SF. Two bands that close together usually means the sample is picking up a difference in the buildings themselves, not a difference in what buyers will pay for size. Worth a closer look before you lean on either row.
Hold size still and the spread is still wide. Inside the above 25,000 SF band the middle half of Miami sales ran $214 to $712/SF — a 3.3× range on buildings of broadly the same size. That gap is condition, location and how the deal was made, and it is the part a table cannot price for you.
The same pattern runs through all three counties — I broke out every county and asset class in why small commercial buildings cost more per square foot. Before you accept a per-foot number on an office building here, check which row it sits in. Or send me the address and I will do it — the value-my-property tool is free.
How I help
Tenant and buyer representation for office space in Miami — on your side, never the landlord’s. Start with Office Space tenant rep, or get a specific building valued free at the BOV tool.
Run your own numbers
Estimate build-out with the buildout calculator, size a purchase with the borrowing-power and mortgage tools, and check a specific building against comps with the price benchmark — or request a free Broker Opinion of Value.
Medians from recorded arm’s-length commercial sales since 2022. Compiled by Justin Crow, Mattis Advisors — for reference, not an appraisal.
Frequently asked
What does office space cost in Miami?
Across 221 recorded office sales since 2021, Miami has traded roughly between $347 and $607/SF, with a midpoint near $447/SF — condition, size, and location move it. For a specific building, request a free Broker Opinion of Value.
Class A vs. Class B office — what’s the difference?
Class A is newer, amenitized, well-located space at premium rents; Class B is older or less-amenitized stock at a discount. In the same submarket the gap can be large, so define which you actually need before you shop.
Do you help with office space in Miami?
Yes — tenant and buyer representation for office space across Miami and all of Miami-Dade County. I work for you; on lease deals the landlord pays my fee.
What does a 1,000 SF office building cost in Miami?
The under 2,500 SF band in Miami carries a median of $448/SF across 128 recorded arm’s-length sales, so a 1,000 SF building prices out around $450,000 before you adjust for anything specific. The middle half of that band ran $354 to $530/SF, and condition, location and access move a building inside that range faster than size does.
Why does smaller office space cost more per square foot in Miami?
Across 221 recorded sales, Miami office space 2,500 to 10,000 SF has traded at $482/SF against $359/SF in the above 25,000 SF band — about 1.3 times the price per foot. Small buildings sell mostly to owner-users buying somewhere to run a business, who are pricing against rent rather than against yield. Large buildings sell to investors, are harder to finance, and re-tenant more slowly, and all of that lands in the per-foot number.