Fruitland Park, FL High Cap Rate Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Fruitland Park, Florida Market population: 4K. Compare commercial properties across all major asset classes...

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Prime Turnkey Investment: Modern 2022 Multifamily Condo in Miami's High-Growth 33127

$2,450,000

Miami Multifamily (Condo)

Discover a prime investment opportunity at 136 NW 26th St in Miami, Florida. This Class B multifamily condo property, bu...

Cap Rate %

NOI $0

Size 30,000 SF

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📊 Avg Property Tax Rate For Fruitland Park FL Properties: 98.0000%

📊 Average Income For Fruitland Park FL Commercial Property: $53,419

Investor Questions For Fruitland Park FL

Common questions from investors exploring commercial real estate in Fruitland Park FL.

What's the overall investment potential of Fruitland Park, FL? +

With a median household income of $53,419 and a relatively low poverty rate of 10.2%, Fruitland Park presents a stable investment market, further supported by its high health insurance coverage rate of 92.1% and a strong employment base in retail trade, accommodation, and food services.

How does the local economy impact rental demand? +

The top industries in Fruitland Park, including retail trade, accommodation and food services, and health care, drive employment and thus rental demand, while the city's diverse population, with top ethnicities including White, White Non-Hispanic, and Black or African American, contributes to a vibrant community with a range of housing needs.

What are the key factors influencing property values in Fruitland Park? +

The median property value of $143,400, combined with a median property tax of $1,408 and an average commute time of 29.4 minutes, suggests that properties in Fruitland Park offer a balance of affordability and accessibility, making them attractive to potential buyers and renters alike, especially given the high homeownership rate of 83.2%.

How does the commute and transportation infrastructure affect the quality of life for residents? +

The average commute time of 29.4 minutes, with the majority of residents driving alone or carpooling, indicates a relatively manageable commute, while the 5.5% of residents who work from home suggests a growing trend towards remote work, contributing to an overall good quality of life and stability in the housing market.

What insights can be gleaned from the demographic and economic data for real estate investors? +

The combination of a relatively low poverty rate of 10.2%, high health insurance coverage of 92.1%, and a Gini coefficient of 0.403, which indicates a moderate level of income inequality, suggests a working-class market with employment stability, making Fruitland Park an attractive location for real estate investment, particularly when considering the diverse economy and population.

Fruitland Park FL Real Estate & City Facts

Key facts and real estate information about Fruitland Park FL.

What are some of the best neighborhoods to live in Fruitland Park? +

Some of the best neighborhoods to live in Fruitland Park include King's Cove, which is a peaceful and family-friendly neighborhood known for its clean environment and beautiful lake views. Other desirable areas tend to be in the west parts of the city, while more affordable homes are in the northeast regions.

What are some fun things to do in Fruitland Park? +

There are plenty of fun things to do in Fruitland Park, including visiting Lake Griffin State Park, which offers outdoor activities like fishing, kayaking, and hiking. You can also check out the Fruitland Park Library, the Fruitland Park Community Center, and the Fruitland Park Skatepark. Additionally, nearby attractions like Venetian Gardens and Swamp Fever Airboat Adventures are worth exploring.

What is the food scene like in Fruitland Park? +

The food scene in Fruitland Park is charming, with restaurants like The Rose Plantation offering chef-inspired dishes in a historic setting. You can also grab breakfast or lunch at The Toast Cafe, a cozy family-run spot. For pizza lovers, Stavros is a great option. There are also plenty of great food trucks and other local eateries to try.

What are the pros and cons of living in Fruitland Park? +

Living in Fruitland Park has its pros and cons. On the plus side, the city offers a peaceful and natural environment, with plenty of opportunities for outdoor recreation. The community is also close-knit, with a strong sense of small-town charm. However, some residents may find the city's limited job opportunities and lack of nightlife to be drawbacks. Additionally, the city's proximity to larger cities like The Villages can make it feel a bit overshadowed at times.

Is Fruitland Park a good place to live? +

Overall, Fruitland Park is a great place to live for those who value a peaceful, natural environment and a strong sense of community. While it may not offer the same level of excitement or opportunity as larger cities, it provides a unique and charming quality of life that is hard to find elsewhere. With its beautiful lakes, parks, and outdoor recreational opportunities, Fruitland Park is an ideal choice for families, retirees, and anyone looking to escape the hustle and bustle of city life.

Fruitland Park, FL High Cap Rate Commercial Investment Properties for Sale

Don’t just search properties. See why investors choose REI Capital.

Prime Turnkey Investment: Modern 2022 Multifamily Condo in Miami's High-Growth 33127

📊 Avg Property Tax Rate For Fruitland Park FL Properties: 98.0000%

📊 Average Income For Fruitland Park FL Commercial Property: $53,419

Investor Questions For Fruitland Park FL

Fruitland Park FL Real Estate & City Facts

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