Commercial Real Estate in Miami – Page 3 | Reonomy

Commercial Real Estate in Miami – Page 3

Unlock property data on 102,019 commercial properties in Miami. Search through Miami property records and access full owner contact information to find off-market properties likely to sell, refinance, or renovate. Find recent buyers and sellers.

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Miami commercial real estate sold prices and values

Values and sold prices (last 24 months) United States Florida Miami
Average price/sqft $945 $795 $832
Average sold price $1,051,559 $743,148 $1,610,274
Median sold price $197,877 $163,291 $280,790
Number of sales 3,311,016 370,456 9,476
Number of sales over $250k 1,405,142 139,644 5,060
Number of sales over $1m 316,433 29,970 1,925
Number of sales over $10m 42,830 4,472 306
Average total tax amount $7,047 $4,443 $16,910
Average assessed value $252,071 $200,248 $774,205
Average market value $355,894 $221,665 $798,918

Miami commercial real estate property averages

Property averages United States Florida Miami
Average lot size 815,813 sf 321,295 sf 99,393 sf
Median lot size 24,444 sf 13,400 sf 8,423 sf
Average building area 1,078 sf 1,670 sf 2,768 sf
Median building area 77 sf 99 sf 126 sf
Median year built 1970 1983 1966
Average number of units 16 16 18
Median number of units 2 2 2

Miami commercial real estate total supply

Supply United States Florida Miami
Number of parcels 58,466,290 3,087,052 102,456
Aggregate lot acerage 1,005,539,896 17,577,896 171,865
Aggregate building area 8,055,243,770 sf 926,324,751 sf 116,428,987 sf
Aggregate units 90,000,916 6,924,803 702,780

Miami commercial real estate industrial mortgages

Debt United States Florida Miami
Number of mortgages 41,923,137 2,605,682 220,348
Average value of mortgages $5,197,256 $4,141,785 $3,992,315

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