Commercial Real Estate Market in Miami Shores, FL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
8 active listings and 102 off-market properties in Miami Shores, FL.
Market Trends
Miami Shores, FL spans 21.0 square miles in Miami-Dade County, Florida. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Miami Shores, 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 Shores, 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 Shores, 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 Shores, 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 Shores, FL has 153,176 residents in 59,364 households. Density runs 7,299 people per square mile. Median household income here is $56,556 and median gross rent $1,457 a month.
153,176
Population
59,364
Households
2.6
Avg Household Size
39
Median Age
23%
College-Educated
80%
High-School Grad
21 sq mi
ZIP Area
7,299
Density / Sq Mi
$56,556
Median Household Income
$36,566
Median Earnings
$1,457
Median Rent
$420,485
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| North Miami | $436 (county avg) | $32.50 |
| North Miami Beach | $436 (county avg) | $31.87 |
| North Bay Village | $436 (county avg) | $34.71 |
Commercial property in Miami Shores, FL asks $436/SF. The 3 bordering markets run from $436/SF in North Miami to $436/SF in North Miami, and the city sits in line with their $436/SF median.
Frequently Asked Questions
What is the average price per square foot for commercial property in Miami Shores?
Commercial property in Miami Shores, FL asks an average of $436 per square foot. The 5 most recent recorded sales traded at a median of $1,399/SF. Multifamily carries the highest asking price at $429/SF.
How does Miami Shores compare to nearby markets on price?
Miami Shores, FL asks $436/SF against $436/SF in North Miami, $436/SF in North Miami Beach and $436/SF in North Bay Village.
Where does Realmo's Miami Shores market data come from?
Realmo compiles Miami Shores, FL figures from 7 recent recorded sales, 7 active sale listings, 1 active lease listings, 102 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 7 active for-sale and 1 active for-lease listings in Miami Shores, 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 · report a data issue
