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What commercial property actually sold for in Miami

1024 single-parcel commercial transactions recorded in Miami-Dade County between 2021–2026, straight from the property appraiser’s records — address, size, price and price per square foot. Not asking prices. What buyers paid.

$454Median $/SF
$1,200,000Median price
1024Sales on record
2021–2026Period

Recent recorded sales

Most recent first. Building area is the appraiser’s figure; price per square foot is the recorded price divided by that area.

AddressTypeBldg SFYear Price$/SF
545 NW 26 ST
33127 · built 2021
Office485,3912026$181.00M$372
1 SE 3 AVE
33131 · built 1969
Office765,8362026$110.00M$143
112 NE 41 ST
33137 · built 2017
Office80,8862026$72.50M$896
3480 MAIN HWY
33133 · built 2019
Office64,3802026$61.00M$947
851 NE 1 AVE RU-01
33132 · built 2019
Other commercial64,4802026$59.53M$923
1700 SW 3 AVE
33129 · built 1986
Retail5,1892026$5.20M$1,002
2626 NE 2 AVE
33137 · built 1980
Retail8,2972026$4.90M$590
2059 NW 24 AVE
33142 · built 1967
Industrial9,5002026$2.80M$294
1201 SW 22 ST
33145 · built 1940
Retail2,7512026$2.65M$963
666 NW 36 ST
33127 · built 1967
Industrial5,0242026$2.55M$507
1675 SW 27 AVE
33145 · built 2012
Office5,6762026$2.30M$405
4505 N MIAMI AVE
33127 · built 1924
Retail2,9752026$2.20M$739
101 NW 20 ST
33127 · built 1959
Retail4,8362026$1.85M$382
3590 NW 36 ST
33142 · built 1956
Retail1,0582026$1.62M$1,531
2482 SECOFFEE TER
33133 · built 1969
Office2,0962026$1.43M$679
3333 RICE ST 102
33133 · built 2006
Retail8292026$1.40M$1,688
6471 SW 8 ST
33144 · built 1957
Retail1,9952026$1.32M$664
130 NW 22 AVE
33125 · built 1995
Retail2,0002026$1.15M$575
671 NW 34 ST
33127 · built 1948
Retail1,2032026$1.14M$948
1619 SW 2 ST
33135 · built 1937
Retail5,0002026$1.13M$226
727 W FLAGLER ST
33130 · built 1931
Retail1,8132026$1.08M$595
40 SW 13 ST 1002
33130 · built 2010
Office1,2352026$860,000$696
175 SW 7 ST 1108
33130 · built 2007
Office1,5522026$810,000$521
3851 BIRD RD 405
33146 · built 2018
Retail1,0552026$700,000$663
2665 S BAYSHORE DR 615
33133 · built 1982
Office9332026$670,000$718
1395 BRICKELL AVE 3210
33131 · built 2003
Other commercial7292026$550,000$754
1899 NW 21 ST
33142 · built 1981
Industrial1,6202026$300,000$185
1111 BRICKELL AVE
33131 · built 2000
Office1,072,0122025$274.35M$255
700 BRICKELL AVE
33131 · built 1981
Office197,6112025$205.00M$1,037
249 NW 6 ST R3
33136 · built 2024
Other commercial131,1292025$67.00M$510
3250 MARY ST
33133 · built 1982
Office132,2952025$47.50M$359
2200 BISCAYNE BLVD
33137 · built 2001
Office97,4332025$42.00M$431
3650 BIRD RD
33133 · built 1952
Retail37,6192025$35.00M$930
3225 AVIATION AVE
33133 · built 1987
Office140,1252025$34.50M$246
3101 NE 7 AVE
33137 · built 2017
Retail9,2672025$19.76M$2,132
8 SE 8 ST
33131 · built 2018
Retail15,3022025$19.12M$1,249

Showing the 36 most recent of 1024 recorded sales.

Median $/SF by year

YearSalesMedian $/SF
2021218$385
2022241$473
2023172$450
2024185$489
2025181$498
202627$664

Thin years move a lot on a handful of transactions. Read the direction, not the decimal.

If you own commercial property in Miami

Retail product is what trades here — 389 of the 1024 recorded sales (38%), at a median of $450 per foot. The rest splits across office ($447/SF), industrial ($342/SF), other commercial ($740/SF).

Miami runs 12% above the Miami-Dade County median of $404/SF. That gap is not a verdict on any one building — it reflects what kind of product sits inside the city limits and how old it is — but it does mean a countywide average will understate what your parcel is likely to fetch.

Across the period on record, median pricing has risen about 26% — roughly $436/SF in the earlier years against $550/SF in the later ones. On 1024 transactions that is a direction, not a forecast.

Note the spread by product type: $342 to $740 per foot inside the same city. Anyone quoting you one Miami number without asking what you own is guessing.

None of this is your number. What a specific building brings turns on what the leases say, who is in the space and for how long, the condition of the roof and the parking field, and whether the zoning permits something the current use does not.

Find out what yours would bring

First name and email. I’ll pull your parcel’s county record and send a supported range with the comparable sales behind it.

No obligation, and no listing agreement attached to it. If the answer is “hold,” I’ll tell you that.

Leasing rather than selling? See commercial tenant representation in Miami.

Common questions

What is commercial property selling for in Miami?

Across 1024 single-parcel commercial sales recorded between 2021–2026, the median was $454 per square foot of building area, and the median transaction price was $1,200,000. Per-foot pricing varies widely by product type: Retail $450/SF (389) , Office $447/SF (337) , Industrial $342/SF (158) , Other commercial $740/SF (140). Those are recorded county figures, not asking prices.

How many commercial properties have sold in Miami recently?

County records show 1024 qualifying single-parcel commercial transactions from 2021–2026. Multi-parcel portfolio deals are excluded from that count because their prices are booked across several folios and cannot be attributed to one building.

What kind of commercial property trades most in Miami?

Retail accounts for 389 of the 1024 recorded sales, at a median of $450 per square foot. Office records 337 sales at a $447/SF median. Industrial records 158 sales at a $342/SF median. Other commercial records 140 sales at a $740/SF median.

Is a Miami median a fair estimate of my building's value?

Only as a starting point. Median $/SF across this market is $454, but the range between product types here runs from $342 to $740 per foot — and inside any one type, lease structure, remaining term, condition and zoning capacity move the number further. A broker opinion of value prices your specific parcel against the comps that genuinely apply to it.

Sold data in nearby Miami-Dade County markets

See all 67 markets →

County property appraiser records, public information. Single-parcel transactions only. Not an appraisal. How these figures are filtered →

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