The location
Miami is located on the Atlantic Coast in south-eastern Florida.
Its metro area has a population of around 5.5 million.
With a tropical monsoon climate, it has hot and humid summers and short, warm winters.
Miami is roughly partitioned into North, South, West and Downtown.
The heart of the city is Downtown Miami, which is technically on the eastern side of the city.
With sprawling beaches, great weather and a host of events and festivals throughout the year, Miami has become a popular tourist destination, attracting over 38 million visitors from around the world each year, spending $17.1 billion.
The prices given below are the minimum to maximum average cost for executive suites, per person per month, derived from our Sales Team's knowledge. |
Area | Indicative price range |
---|---|
Downtown Miami | $900 – 1200 |
Coral Gables | $800 – 1000 |
Brickell | $800 – 1200 |
Doral | $500 – 700 |
However, in recent years Miami has seen a huge building boom; most of this development is happening west toward Doral.
Fueled by a strong office market, the area is undergoing an urban transformation, as well as massive mixed-use projects like Downtown Doral and City Place Doral.
These developments include eight mid-rise condo towers, 70 retail stores and restaurants, and more than a million square feet of office space in four buildings along a new Main Street.
When companies look to move to Miami they are often looking to tackle the Latin America Market.
Top priorities for companies setting up in Miami are rent prices, available parking and beautiful views for client facing tenants.
For people looking for office space in Miami, our expert local representative Tomas Larkin suggests Brickell for a large range of options in office size and type.
Costs
The typical rate in Miami for executive suites averages around $900 per desk per month, depending on the area. Coral Gables, Downtown Miami, and Brickell will be on the higher end because of their central location and easy access to beach views.
Doral will be closer to $600 per person per month.
The further outside Downtown Miami you are, the lower the rates.
These prices often include parking and other amenities such as administrative support and security.
Office sizes
Because the office market in Miami is so congested at the moment, businesses are looking for a flexible, cost-effective solution in executive suites.
The size of offices depends on a company’s needs and the industry they’re in.
However, smaller, individual office spaces of 1-3 employees have been particularly popular in the city as companies test the water in Miami. For client-facing companies, an A Grade office in Miami has become a must.
Instant Offices are able to accommodate most inquiries, from one person through to 100 or more depending on the specifics.
Five things you probably didn't know about Miami:
A closer look at Miami
The most popular areas in which to rent office space in Miami are:
Brickell
If you’re looking to move into the area, or simply require more information, contact Instant Offices’ specialist local consultants.
Email our team or call us and we'll be delighted to help you.