Miami is a prosperous city that attracts its tourists with the abundance of local shops, restaurants, and beautiful beach views— and with tourism comes business opportunity. With all the construction and brand new developments popping up on the market, commercial real estate is booming right now.
Miami, FL, commercial real estate offers a spectrum of houses, apartments, and other impressive properties due to its convenient geographical location. Sitting on the Atlantic coastline, Miami has transportation access to North, South, and Central America. This sort of location is pivotal to economic growth and business development.
The commercial real estate Miami is an impressive selection of apartment-style properties, ranging from small and budget-friendly to larger, million-dollar investment options.
Due to the massive growth potential this city has to offer, it continues to attract business and management groups from all over the world. If you’re looking to build or grow your business, Miami springs to mind as one of the ideal locations for a variety of industries.
There are six main types of commercial property for sale Miami:
The options for commercial real estate for sale in Miami are truly endless. Depending on your business and budget, there’s an abundance of listings available that offer varying locations, land or building space, and price points.
Based on the high demand for commercial real estate in the Miami district, many of these properties are sold on average at about $1,358,454, with a median selling price of around $232,728.
The commercial property Miami is one to consider investing in if you’re looking to buy or lease in the Florida region. Our advice would be to choose a location based on your business, budget, and lifestyle.
After you decide on these top three factors, you can make a more targeted search to become a commercial property owner in Miami as early as 2021.