In the seven days to August 24, 2015, MLS counts 102 new listings for improved commercial/industrial properties within Miami-Dade County, up from 96 new listings in the week ending August 18th. Noteworthy among the listings for the week is a 42 unit multifamily property in Miami’s developmentally active Edgewater area (see demographic and economic data and projections) with an asking price of $13 million that is being promoted as a land bank opportunity.
Other indicators during this period that commercial real estate investors may wish to review are trends in commercial real estate prices and availability. These are influenced by trends nationally as well as by demographic and economic trends and expectations in the area. To get a feel for how the market is today, view Miami area commercial property listings filtered by zip code, price range, or property type.