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St. Augustine Shores, FL High Cap Rate Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in St. Augustine Shores, Florida Market population: 7K. Explore income-producing properties with verified cap rates...

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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 St. Augustine Shores FL Properties: 1.7013%

πŸ“Š Average Income For St. Augustine Shores FL Commercial Property: $42,759

Investor Questions For St. Augustine Shores FL

Common questions from investors exploring commercial real estate in St. Augustine Shores FL.

What's the overall investment outlook for St. Augustine Shores, FL? +
The 8.8% poverty rate and 84.2% health insurance coverage suggest a relatively stable market with access to employment opportunities, while the top industries in Manufacturing, Finance & Insurance, and Public Administration indicate a diverse economic base, making it an attractive location for real estate investment.
How does the local economy impact rental demand? +
With a median household income of $42,759 and an employed population of 3,029, the local economy appears to support a stable rental market, and the fact that the top commute methods include driving alone, carpooling, and working from home suggests flexibility and convenience for renters, which can contribute to consistent demand.
What role does ethnic diversity play in the local real estate market? +
The top ethnicities in St. Augustine Shores, including White, White Non-Hispanic, and Hispanic populations, contribute to a relatively diverse community, which can support a broad range of housing needs and preferences, and when combined with the area's low poverty rate of 8.8% and high health insurance coverage of 84.2%, it suggests a resilient and attractive market for investors.
How do quality of life metrics like commute time and health insurance impact market stability? +
The average commute time of 23.7 minutes is relatively short, indicating good infrastructure and access to employment opportunities, and when paired with the high health insurance coverage rate of 84.2%, it suggests a population with access to resources and stability, making the area more attractive for long-term real estate investments.
What are the implications of the local housing market and industry trends for real estate investors? +
The median property value of $149,000 and median property taxes of $2,632, along with a homeownership rate of 72.0%, suggest a relatively stable and affordable housing market, and the presence of top industries like Manufacturing, Finance & Insurance, and Public Administration indicates a strong economic foundation, which can support rental yields and property appreciation over time, making St. Augustine Shores an interesting opportunity for investors to consider.

St. Augustine Shores FL Real Estate & City Facts

Key facts and real estate information about St. Augustine Shores FL.

What are some of the best neighborhoods to live in St. Augustine Shores? +
Some of the best neighborhoods to live in St. Augustine Shores include St. Augustine Beach, Palencia, Nocatee, Anastasia Island, and St. Augustine Shores itself. Each neighborhood has its own unique charm and amenities, such as waterfront living, luxury homes, and resort-style communities.
What are some fun things to do in St. Augustine Shores? +
There are plenty of fun things to do in St. Augustine Shores, including visiting the St. Augustine Beach, exploring the historic downtown area, and checking out the Castillo de San Marcos National Monument. You can also sail past historic landmarks, visit the Classic Car Museum of St. Augustine, or go for a walk at Crescent Beach.
What is the food scene like in St. Augustine Shores? +
The food scene in St. Augustine Shores is diverse and exciting, with a range of restaurants serving everything from seafood to Italian cuisine. Some popular spots include Casa Benedetto's Ristorante, Gusto Bistro & Wine Bar, and The Elk House Eatery. You can also find great seafood at Cap's on the Water or enjoy family-style dining at Beachcomber St. Augustine.
What are the pros and cons of living in St. Augustine Shores? +
The pros of living in St. Augustine Shores include its beautiful beaches, rich history, and vibrant cultural scene. However, some cons include the potential for crowds and traffic during tourist season, as well as the need for a car to get around. Additionally, some neighborhoods may have higher HOA fees or property taxes. Overall, it's a great place to live for those who love the beach and a relaxed, small-town atmosphere.
Is St. Augustine Shores a good place to live? +
St. Augustine Shores can be a great place to live for the right person. It offers a unique blend of beach living, historic charm, and small-town community. While it may not be perfect for everyone, it's definitely worth considering for those who value a relaxed, coastal lifestyle and are willing to put up with some of the potential downsides. With its beautiful beaches, rich history, and vibrant cultural scene, St. Augustine Shores is a great choice for anyone looking to escape the hustle and bustle of city life and enjoy a more laid-back pace.
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