Miramar, Miami-Dade County, FL, Commercial Submarket
Submarket Information
Miramar is a city in Miami-Dade County serving primarily as a bedroom community for Miami and Fort Lauderdale's metropolitan city centers. The city sits northwest of Downtown Miami, south of Pembroke Pines, and northwest of Miami Gardens. Although mostly residential, there are ample commercial supplies available to investors looking at the region. Notable highways that pass through the community include S State Road 7, the I-75, the Florida Turnpike, and US Highway 27, which provide access to various business and commercial centers in the region. The area is also a short drive away from the Miami-Opa Locka Executive Airport and North Perry Airport. Ideally located in a well-populated area with ample residential developments in the region makes supply in Miramar Class-A properties with many upsides for investors looking at the area.
A large supply or residential neighborhoods provide ample housing options for businesses looking to hire workers. Short travel distance from Miami and nearby Ft Lauderdale are ideal for small-scale logistics companies. One downside is that most available real estate is institutionally owned, making rental options the most common supply available to those looking at finding commercial real estate for their business in the submarket. Opportunities for buying real estate is limited. Distribution facilities and rental offices and commercial space is the primary selling point of the Miramar submarket.
If you would like to check out available listings in Miramar, please check our website at https://patmcbride.com/.
Business and Industrial Parks
| Miramar Submarket | Property Type |
|---|---|
| Miramar Park of Commerce | Business Park |
| Bridgepoint Miramar | Business Park |
Check out our website at https://patmcbride.com/.
Miami, FL Market Report:
Total Square Feet Inventory: 250,000,000 SF
Average Sale Price Per Sqft: $157 PSF
Under Construction: 4,000,000 SF
Market Rent: $12.61 psf
Vacancy Rate: 6.1%
Miami-Dade County, Florida Community Report:
Population: 2,794,990
Average Household Income: $53,537
Median Age: 40.7
Cost of Living Index Score: 123.1
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Let Me Help You Find Your Miami, FL Commercial Property!
If you are a buyer, it is essential to have the assistance of a Buyer's Agent to represent you during the transaction. If you need additional help or would like to schedule a showing, contact our office at 305-619-2937
Pat McBride
Doral, FL 33166
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