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Sunset, LA High Cap Rate Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Sunset, Louisiana Market population: 18K. Explore income-producing properties with verified cap rates and operating...

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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 Sunset FL Properties: 0.9800%

πŸ“Š Average Income For Sunset FL Commercial Property: $66,710

Investor Questions For Sunset FL

Common questions from investors exploring commercial real estate in Sunset FL.

What's the overall investment outlook for Sunset, FL, considering its demographics and economy? +
With a median household income of $66,710 and a relatively low poverty rate of 10.2%, Sunset, FL, presents a stable investment market, further bolstered by its diverse population, including a significant Hispanic community at 42.4%, and a strong presence of industries like Information and Finance & Insurance, which contribute to its economic resilience and potential for growth.
How does the quality of life in Sunset, FL, impact its attractiveness to renters and, by extension, real estate investors? +
The average commute time of 28.8 minutes, combined with a high health insurance coverage rate of 89.1%, suggests a good quality of life for residents, making it an attractive location for renters who value convenience and access to healthcare, which in turn, can lead to a stable rental market for investors.
What role does ethnic diversity play in the demand for real estate in Sunset, FL? +
The city's ethnic diversity, with Hispanics making up 42.4% of the population, followed by Whites at 40.4%, and a notable presence of individuals of Two or More ethnicities at 7.4%, indicates a culturally rich and potentially vibrant market, which can attract a wide range of buyers and renters, thereby supporting demand for real estate investments.
How do the employment rates and top industries in Sunset, FL, influence the real estate investment landscape? +
With an employed population of 8,258 and top industries including Information, Finance & Insurance, and Transportation & Warehousing, Sunset, FL, offers a robust employment market, which, when considered alongside its median property value of $289,600 and median property taxes of $4,316, presents a favorable environment for real estate investments, as a strong job market tends to support housing demand.
What insights can be gleaned from the combination of poverty rate, health insurance coverage, and commute times for assessing tenant quality and market stability in Sunset, FL? +
The 10.2% poverty rate, combined with 89.1% health insurance coverage and an average commute time of 28.8 minutes, suggests a working-class market with employment stability and access to healthcare, indicating solid infrastructure for renters and potential for long-term tenancies, which are key considerations for real estate investors seeking stable returns on their investments.

Sunset FL Real Estate & City Facts

Key facts and real estate information about Sunset FL.

What are some of the best neighborhoods to live in Sunset? +
Some of the best neighborhoods to live in Sunset, FL, include the northeast parts of the city, which tend to be more desired, while more affordable homes can be found in the southwest regions. According to niche.com, Sunset is one of the best places to live in Florida, and it's ranked #99 of 382 as the best suburbs to raise a family in Florida.
What are some fun things to do in Sunset? +
There are plenty of fun things to do in Sunset, FL, such as visiting The Wharf At Sunset Walk, which offers live music on the Promenade, unique entertainment venues, and an arcade. You can also check out the Island H2O Water Park, or head to the beach and enjoy the sunset. Additionally, the city has a variety of parks and outdoor spaces to explore.
What is the food scene like in Sunset? +
The food scene in Sunset, FL, is diverse and offers a range of options. You can find top-rated restaurants like The Korean Chef, Table 55, and Caffe Di Notte, which serve a variety of cuisines. There are also plenty of great food trucks and waterfront restaurants with stunning views of the sunset. For seafood lovers, there are many restaurants that serve fresh seafood, including grouper sandwiches and Gulf shrimp.
What are the pros and cons of living in Sunset? +
The pros of living in Sunset, FL, include its desirable neighborhoods, affordable housing options, and a range of fun things to do. However, some cons include the potential for traffic and crowds, especially during peak tourist season. Additionally, the city's poverty rate is around 10.2%, and the income inequality is relatively high, with a GINI index of 0.454. Overall, Sunset is a great place to live for those who value a relaxed, beach-town atmosphere and a diverse community.
Is Sunset a good place to live? +
Yes, Sunset, FL, is a good place to live, offering a unique blend of relaxation and entertainment. With its desirable neighborhoods, affordable housing options, and a range of fun things to do, it's an attractive option for families, retirees, and young professionals alike. While it has its challenges, such as traffic and income inequality, the city's pros outweigh its cons, making it a great choice for those looking to live in a beautiful and vibrant community.
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