Quick reference: Miami Class A rent is 78 USD/sqft ($78 USD), typical term 7 years, 9 months free.
Class A rent: 78 USD/sqft/yr ($78 USD).
Typical term: 7 years.
Typical rent-free: 9 months.
Vacancy: 11.8%.
Miami Class A office: frequently asked questions
Quick reference: Miami Class A rent is 78 USD/sqft ($78 USD), typical term 7 years, 9 months free.
TL;DR
Class A rent: 78 USD/sqft/yr ($78 USD).
Typical term: 7 years.
Typical rent-free: 9 months.
Vacancy: 11.8%.
Quick reference
Use this page as the fast-answer reference for Miami. Deep coverage lives on the city page, the topic pages, and the comparison views.
Key facts
city
Miami
country
United States
region
Americas
classARentLocal
78 USD/sqft/yr
classARentUsd
$78/sqft/yr
vacancy
11.8%
typicalLeaseYears
7
typicalRentFreeMonths
9
submarkets
5
primeYieldPct
5.4%
Frequently asked questions
How tight is Brickell vacancy?
Direct vacancy in Brickell trophy product is below 6% as of Q1 2026; sublease">sublease availability is similarly tight. Most pre-2020 Class A is fully leased.
What is driving the rent re-rating?
A combination of (a) financial services migration from the Northeast, (b) Florida's tax regime, (c) constrained supply pipeline, and (d) Latin American capital flows.
Are concessions tightening?
Yes. Free rent of 6-9 months and TI of $80-$120/sqft are now typical on 7-year deals — tighter than the broader US gateway average.