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Safety Harbor, FL High Cap Rate Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Safety Harbor, Florida Market population: 17K. Explore income-producing properties with verified cap rates and...

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⭐ Featured

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

πŸ“Š Avg Property Tax Rate For Safety Harbor FL Properties: 0.8600%

πŸ“Š Average Income For Safety Harbor FL Commercial Property: $60,403

Investor Questions For Safety Harbor FL

Common questions from investors exploring commercial real estate in Safety Harbor FL.

What's the overall investment potential of Safety Harbor, FL, considering its demographics and economy? +
The city's median household income of $60,403, combined with a relatively low poverty rate of 7.1% and high health insurance coverage of 90.8%, suggests a stable market with a strong potential for rental income. Additionally, the top industries, including Wholesale Trade and Finance & Insurance, indicate a diverse economy that can support a wide range of tenants.
How does the city's ethnic diversity and commute time impact the rental market? +
The city's diverse population, with top ethnicities including White, White Non-Hispanic, and Hispanic, can attract a broad range of renters. The average commute time of 26 minutes, with many residents driving alone or working from home, indicates a convenient location that can appeal to tenants who value flexibility and convenience.
What are the key factors to consider when evaluating the city's property market? +
The median property value of $215,000, combined with a median property tax of $5,970 and a high homeownership rate of 81.9%, suggests a relatively stable and affordable property market. Furthermore, the city's low poverty rate and high health insurance coverage rate indicate a strong potential for long-term rental income and property appreciation.
How does the city's industry mix and employment rate impact the local real estate market? +
The city's top industries, including Wholesale Trade, Finance & Insurance, and Educational Services, provide a diverse range of job opportunities that can support a strong and stable rental market. The employed population of 8,047 and low unemployment rate of 3.4% also indicate a healthy economy that can drive demand for housing and support long-term property values.
What are the implications of the city's quality of life metrics, such as commute time and health insurance coverage, for real estate investors? +
The city's relatively short average commute time of 26 minutes and high health insurance coverage rate of 90.8% suggest a high quality of life that can attract and retain tenants. Additionally, the city's diverse economy and stable property market indicate a strong potential for long-term rental income and property appreciation, making it an attractive location for real estate investors.

Safety Harbor FL Real Estate & City Facts

Key facts and real estate information about Safety Harbor FL.

What are some of the best neighborhoods to live in Safety Harbor? +
Some of the best neighborhoods to live in Safety Harbor include Downtown Safety Harbor, Philippe Park area, and the surrounding suburbs. These areas offer a mix of historic charm, beautiful parks, and convenient access to local amenities.
What are some fun things to do in Safety Harbor? +
There are plenty of fun things to do in Safety Harbor, including visiting Philippe Park, exploring the Safety Harbor Marina Park and Fishing Pier, and checking out the unique attractions like the Whimzey Bowling Ball House. You can also stroll through the charming downtown area and visit the Safety Harbor Museum and Cultural Center.
What is the food scene like in Safety Harbor? +
The food scene in Safety Harbor is thriving, with a variety of restaurants serving fresh seafood, Floribbean cuisine, and other delicious dishes. Some popular spots include Marker 39, The Brinehouse, Southern Fresh, and Water Oak. There are also plenty of great food trucks and casual eateries to try.
What are the pros and cons of living in Safety Harbor? +
The pros of living in Safety Harbor include its charming downtown area, beautiful parks, and convenient access to local amenities. However, some cons include the potential for traffic and crowds during peak season, and the need for a car to get around. Overall, Safety Harbor is a great place to live for those who value a relaxed, small-town atmosphere and easy access to outdoor activities.
Is Safety Harbor a good place to live? +
Yes, Safety Harbor is a good place to live, offering a unique blend of small-town charm and convenient access to larger cities like Tampa and St. Petersburg. The city has a strong sense of community, with plenty of local events and activities to enjoy. While it may not be the best fit for everyone, Safety Harbor is definitely worth considering for those who value a relaxed, outdoor-oriented lifestyle.
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