Commercial Real Estate Market in Miami Lakes, FL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
27 active listings and 783 off-market properties in Miami Lakes, FL. Commercial property asks $436/SF to buy and $42.55/SF/Yr to lease.
Market Trends
Miami Lakes, FL spans 38.8 square miles in Miami-Dade County, Florida. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Miami Lakes, FL runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Vacancy Rate % in South region
Retail
Retail vacancy in Miami Lakes, FL runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Miami Lakes, FL runs 7.9% across the South region in 2025, up from 6% in 2019. Nearly 2.3x the 2022 low of 3.5%.
Vacancy Rate % in South region
Multifamily
Multifamily space in Miami Lakes, FL asks $429/SF to buy. Vacancy runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Market overview
Demographics & Economy
Miami Lakes, FL has 140,248 residents in 49,348 households. Density runs 3,619 people per square mile. Median household income here is $75,111 and median gross rent $1,865 a month.
140,248
Population
49,348
Households
2.8
Avg Household Size
42
Median Age
29%
College-Educated
84%
High-School Grad
38.8 sq mi
ZIP Area
3,619
Density / Sq Mi
$75,111
Median Household Income
$38,868
Median Earnings
$1,865
Median Rent
$379,624
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Pembroke Pines | $386 (county avg) | $42.37 |
| Miramar | $386 (county avg) | $17.25 |
| Hialeah | $436 (county avg) | $21.02 |
| Hollywood | $386 (county avg) | $32.00 |
Commercial property in Miami Lakes, FL asks $436/SF. The 4 bordering markets run from $386/SF in Pembroke Pines to $436/SF in Hialeah, and the city sits above their $386/SF median.
Frequently Asked Questions
What is the average price per square foot for commercial property in Miami Lakes?
Commercial property in Miami Lakes, FL asks an average of $436 per square foot. The 8 most recent recorded sales traded at a median of $378/SF, so asking sits 15% above the achieved median. Multifamily carries the highest asking price at $429/SF.
How much does it cost to lease commercial space in Miami Lakes?
Asking lease rates in Miami Lakes, FL average $42.55 per square foot per year.
How does Miami Lakes compare to nearby markets on price?
Miami Lakes, FL asks $436/SF against $386/SF in Pembroke Pines, $386/SF in Miramar, $436/SF in Hialeah and $386/SF in Hollywood. Pembroke Pines is the cheapest entry point at 12% below Miami Lakes pricing, with $42.37/SF/Yr asking rents.
Where does Realmo's Miami Lakes market data come from?
Realmo compiles Miami Lakes, FL figures from 8 recent recorded sales, 11 active sale listings, 16 active lease listings, 783 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 11 active for-sale and 16 active for-lease listings in Miami Lakes, FL. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Price per square foot
- The county-level $/SF blends closed sales aggregated over the trailing months of available data, not a single day's snapshot — it can differ from any one month's own median.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Refresh
- The monthly aggregates close at the end of the previous month, so 30 September 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at South region level, retail vacancy is reported at South region level and industrial vacancy is reported at South region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 30 September 2026 · How Realmo checks market page data · Report a data issue
