As well as being famed for its Art Deco buildings and sandy white beaches, Miami is a bustling metropolis housing big businesses, glowing start-ups and international banks.
It's no surprise that the stability of Miami's economy makes working here an attractive prospect. Miami's financial district is home to the largest concentration of international banks in the country, with the city boasting strong ties in international business, finance and trade. In addition to its credentials in the finance sector, Miami is also a major hub for television production.
With a growing tech-savvy population and an increasing placement rate of 93% in 2020 from the University of Miami, upcoming talent highlights Miami's potential as a business centre.
Recognised as the number one city for small business growth in 2019, Miami has a dynamic business climate, multilingual workforce, low taxes and great quality of life - making for a tempting location for growing businesses.
The top business areas in Miami
Miami is broken down into several areas: the North, South, West and Downtown. Downtown Miami is considered the heart of the city, home to Brickell and the Port of Miami, which is known as the cruise capital of the world. It is also the central business district for all of South Florida.
In a city as exciting as Miami, there are plenty of spaces to choose from. Whether you're a solo entrepreneur seeking a coworking space, or a major financial company looking for office space in Miami, it's crucial to understand your business needs when it comes to securing the right workspace in a prime location.
Let's take a closer look at five of the best business districts in Miami that are worth considering when looking for offices in Miami.
Central Business District (Downtown Miami)
Frequently referred to as 'Downtown Miami', the Central Business District is considered one of the most energetic places in Miami for both business and pleasure. With over 92,000 people working in Miami's Central Business District, it is known as one of the best places to prosper in the region.
This dynamic business community is home to a wide range of restaurants and shops, as well as the tranquil Bayfront Park. For ambitious businesses, this prime location offers plenty of private office space for rent, with opportunities to upscale as your business grows.
With Miami International Airport nearby, businesses not based locally can benefit from a virtual address, or office space and even designated meeting rooms when they’re visiting the magic city.
Brickell
Often referred to as a tropical urban paradise, Brickell is home to prehistoric archaeological sites, plenty of shopping and easy access to the Metromover.
As well as housing the city’s tallest skyscrapers, Brickell city centre is noted as the financial district of Miami and is within close proximity to Latin American companies and banking institutions. Some well-known businesses include Pan American Finance and Credit Agricole - in addition to many of Miami's foreign consulates, including Argentina, Ecuador, Japan and the United Kingdom.
With easy transport links nearby, you can access the financial district in minutes from your Brickell City Tower office. If you have an eye for architecture, enjoy the Art Deco style at One Brickell or breathtaking views of the Miami skyline from the 1221 Brickell Building.
Coral Gables
Located 7 miles (11km) southwest of Downtown Miami, Coral Gables is the preferred location for businesses outside of the Central Business District. Coral Gables is known for its stunning architecture and quick transport links via Miami Metrorail, with easy access to Brickell and Downtown.
It’s also known as a major employment centre and home to the University of Miami, with the university itself being the largest employer in the city. Enjoy flexible working or a Miami office space within view of Biscayne Bay and the Keys.
Dadeland
Surrounded by international banks and multinational company headquarters, Dadeland is a commercial district and urban neighbourhood that boasts a refreshing tropical vibe with it being a short car journey to the beach.
As well as being home to a number of exciting businesses, Dadeland has easy access Metrorail links for those looking to explore Miami from their serviced office.
Business travel in Miami
The city is incredibly well connected, with Miami International Airport within easy reach, and public transportation options available - including the Metrorail and Metromover train systems.
Miami-Dade Transit runs the Metrobus, a bus system that covers more than 95 routes throughout the county. Although you may have to walk a few blocks upon arrival, you can get almost anywhere on the Metrobus.
Without the option to put their commuter rail system underground, Miami's Metrorail and Metromover are Miami's answer to the subway. Metrorail covers 25 miles of Miami-Dade's most populated areas, with 23 stations stretching from Hialeah to Dadeland.
Metromover, on the other hand, covers a 4.4-mile route in and around Downtown, making it an easy solution for travelling between downtown and Brickell.
Miami’s entertainment
Miami isn't all about work-life - it's also a fantastic location to entertain clients, grow your professional network and bond with your team members. Wherever you look for office space in Miami, it's sure to be within close proximity of Miami's world-renowned food hotspots.
With celebrity chefs flocking to the city, Miami's international food scene is also on the rise. With favorites including Bombay Darbar, Maska and Sushi by Bou mixing up Miami's food offerings.
The city’s global network brings together businesses from around the world, making it the perfect place to network and entertain clients after work. Consider taking your team or clients on a day trip to the Everglades to see Florida's famous alligators. Or why not take a drive through the Florida Keys and explore the heart of Miami's nature?
How much is it to rent office space in Miami?
Office rental in Miami can vary; however, we've outlined a few of the business districts below and the pricing you can expect for Regus office space for each area.
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Area |
Starting price for private office rent (per person, per month) |
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From $395 |
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From $625 |
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From $305 |
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From $425 |
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From $425 |
What to consider when choosing an office space in Miami
With its Art Deco architecture, vivid culture and major centre of commerce, Miami is much more than just a place for beautiful weather and white sandy beaches.
From international banks to budding startups, whether you're looking for a private office space for rent in Miami or a collaborative coworking space, there are plenty of options for your business.
But what should you look out for when finding the perfect Miami office space?
Transportation links
Whether you're planning on working in your new office space full-time, or adopting a hybrid approach, good transport links to your office are a crucial aspect. Finding an office in Miami with easy access to transport links will benefit you, your team, and visiting clients. Consider whether it's important for your office space to be close to Miami International Airport, or within close proximity to the Metrorail, Metromover or Metrobus transport links.
Amenities in the area
Miami is an incredible city with a wide range of amenities within easy reach. If you’re looking for a place to soak up the city’s long, rich history, we recommend visiting the Miami-Dade public library whose library district serves a population of 2,496,435.
If health and fitness is more your thing, you won’t be disappointed there either. There are plenty of fitness centres around Miami, including clubs and gyms within a stone’s throw of Miami beach.
While parking is available via parking lots and street parking, it can be difficult to come by during peak times. However, Miami’s transport links do make it easy to get around the city without a car.
Depending on your business needs, local amenities could be at the top of your list.
Opportunities for networking
Are you looking to connect with like-minded business owners? If you want to get to know others in your industry - and beyond - you may want to consider a shared office space in Miami where coworking is at its heart. A coworking space provides the perfect foundation to be surrounded by similar businesses, in a workspace that has all the amenities you need.
Room for expansion
Unlike being tied into a lengthy contract with a traditional office building, it may be important to find an office space that allows for expansion as your business grows.
Whether you're flying solo for now or working with a small team, It's important to consider what size office space you need. Take note of offices that both suit your current needs and future plans for expansion.
Interesting facts about Miami
Need any more reasons to rent an office space in Miami? Here are a few interesting facts about this buzzing location.
- Up-and-coming businesses with Miami headquarters include MoonPay, Recurrent Ventures and Yuga Labs, which collectively raised $1.2 billion in private funding in the past year - making Miami a prime location for start-ups seeking funding.
- $5.22 billion was invested in South Florida startups and later-stage companies in 2021.
- Miami has seen a huge amount of growth in its start-up community, with venture capital increasing from $940million in 2013 to $5.6billion in 2021.
Why you should rent an office in Miami
From links with international businesses to connecting with clients and team members all over the world, Miami is an incredibly exciting place to establish a business.
Whatever type of company, and wherever you want to be based, there’s a huge range of office spaces for you to choose from. Find your perfect office space in Miami with Regus today.