TOC / sq ft / yr
Under $60
$60 – $120
$120 – $200
Over $200
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Miami Office Occupancy Costs
Total occupancy cost for Grade A office space in Miami (Brickell/Downtown) is $113.52 per sq ft ($1222 per sq m) per year. Office rent is $43.05 per sq ft ($463 per sq m). The total includes rent, service charge, business rates, fit-out, facilities management, utilities and exit costs.
| Submarket | Rent / sq ft | Rent / sq m | Total cost / sq ft | Total cost / sq m |
|---|---|---|---|---|
| Brickell/Downtown | $43.05 | $463 | $113.52 | $1222 |
| Coral Gables | $30.11 | $324 | $91.9 | $989 |
| Wynwood/Midtown | $38.48 | $414 | $102.93 | $1108 |