6303 Waterford at Blue Lagoon - office in Miami, FL
Office

6303 Waterford at Blue Lagoon

6303 waterford district dr, miami, FL

Price

Price on request

Square Feet

166,064

Market rate estimate — not broker-provided

Cost-of-Business Details

High Confidence
Low
$23.50/SF/mo
Mid
$48.00/SF/mo
High
$85.00/SF/mo
Tier Used
direct_comps

Based on 14 comparable office lease listings in the area.

Tier Resolution Trace
Tier 1success14 compsselected
Cost Breakdown
ComponentValueDetailSource
Base Rent$48.00/SF/modirect_comps
Utilities9.1¢/kWhOpenEI URDB
Labor Index$1453/wkBLS QCEW
Source Provenance (1)
SourceTypeCountYearFreshnessPeer
OpenSearch Listingscomparable_listings14real-time
Data sources used
listings

Location

6303 waterford district dr, miami, FL

Marker
Leaflet © OpenStreetMap contributors

Property Details

Building Size166,064 SF
Year Built1993

Lease Details

Available Space48,108 SF

Market Context

This office in Miami, FL is listed for lease across 166,064 SF. The building dates to 1993. It has been on the market for 65 days.

As of Q4 2025, the Miami office market showed average asking rents near $61.49/SF/yr, and rents up 2.6% year over year. Source: multiple brokerages Q4 2025 market report.

Projected current pricing

low confidence
Projected asking rent
$61.49–$62.28/SF/yr
Estimated sale value
$410–$540/SF

Modeled estimate (income approach) shown as a range — not an appraisal. Projected asking rent × occupancy × net-operating-income margin band ÷ market cap rate, from Q4 2025 multiple brokerages data (cap rate 6.9%, asking rent trend-adjusted to today).

View the full Miami Office market report →

Rising rents point to a competitive market where well-priced, well-located space leases quickly.

Compare it against other office listings for lease in Miami, FL to benchmark pricing and space — view the full market.

Unified Estimate

High Confidence
$32.86/SF/mo-$44.46/SF/mo
Mid: $38.66/SF/mo
Total estimate for 166,064 SF
$6,420,034

Rate-first confidence-weighted blend with cost-of-business adjustment.

Lease Rate & Market Trend

2024 – 2025 · county sold comps + market trendsFIPS 12086

Medium Confidence
  • Avg Rent ($/SF/mo) (market data)
  • Median $/SF (sold)
  • Vacancy %
Q3 '19Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25$0$350$700$1050$14000%10%20%30%40%
Market asking rent (quarterly avg)Median sale price / SFVacancy rate (right axis)P25–P75 IQR band

Investment Analysis

Beta Feature: Investment Analysis is currently in beta testing. Metrics are calculated based on available financial data and market comparables. Results are for informational purposes and should not be considered financial advice. Verify all assumptions and consult with a financial advisor before making investment decisions.

Insufficient financial data for full analysis. Add more financial fields to improve metric coverage.

Market Employment Trend

YoY Growth:+0.5%
Avg Weekly Wage:$1,474

December 2025 • Source: BLS QCEW

Economic Indicators

30-Yr Mortgage:6.47%
CPI Inflation (YoY):4.2%

Source: FRED

Market Demographics

Census ACS 2024
Population2,738,356
Median Income$72k
College Educated29.5%↓ 3.9pp
Median Age40.7 yrs
Median Home Value$463k
Unemployment4.6%↑ 1.0pp

2024 American Community Survey 5-Year Estimates •Released annually by U.S. Census Bureau

Sold Comps

Q3 2025
Median $/SF$818
Avg $/SF$812
25th–75th Percentile$424 – $1155
Sample Size32 transactions
CountyMiami-Dade

Source: florida_dor · County FIPS: 12086

Assumptions
  • Market comparison: office in miami, FL

More Office for Lease in Miami, FL(5)

Contact Broker

Brian Gale

Ryan Holtzman

Listed by

Cushman & Wakefield