Tamiami, FL High Cap Rate Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Tamiami, Florida Market population: 55K. Compare commercial properties across all major asset classes with...

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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 Tamiami FL Properties: 1.2800%

📊 Average Income For Tamiami FL Commercial Property: $61,300

Investor Questions For Tamiami FL

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

What is the overall market stability like in this city for real estate investment? +

The 13% poverty rate combined with 92% health insurance coverage suggests a relatively stable market with access to employment and healthcare, while the 29.4-minute average commute time and diverse top industries like Healthcare & Social Assistance, Retail Trade, and Accommodation & Food Services indicate a solid infrastructure for renters and a strong demand for properties.

How does the ethnic diversity and industry mix impact the demand for real estate in this city? +

The city's ethnic diversity, with top ethnicities including White, Black or African American, and Asian, contributes to a vibrant cultural scene, and when combined with the top industries like Healthcare & Social Assistance, Retail Trade, and Accommodation & Food Services, it creates a unique demand for properties that cater to a diverse population, making it an attractive market for real estate investment.

What are the key factors to consider when assessing the quality of tenants in this city? +

The 13% poverty rate and 92% health insurance coverage rate suggest a working-class market with employment stability, and when considering the 64% homeownership rate and $61,300 median household income, it indicates a relatively stable tenant base with a mix of renters and homeowners, making it essential to balance property prices and rental yields to attract and retain quality tenants.

How does the commute time and transportation infrastructure impact the attractiveness of this city for real estate investment? +

The 29.4-minute average commute time and the fact that the top commute methods include driving alone, carpooling, and public transportation suggest a well-developed infrastructure that supports both personal and public transportation, making it an attractive location for renters who value convenience and accessibility, and thus, a promising market for real estate investment.

What role do property taxes and property values play in determining the viability of real estate investment in this city? +

The $281,400 median property value and $4,200 median property taxes indicate a relatively high property tax burden, but when considering the 48% Gini coefficient, which suggests a moderate level of income inequality, and the 73% foreign-born rate, which contributes to a diverse and potentially growing population, it's essential to carefully weigh the property taxes against the potential for long-term property appreciation and rental yields to ensure a viable real estate investment strategy.

Tamiami FL Real Estate & City Facts

Key facts and real estate information about Tamiami FL.

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

Some of the best neighborhoods to live in Tamiami include the northwest parts of the city, which tend to be more desired, and the central regions, which offer more affordable homes. Neighborhoods like Coconut Grove are also popular for their quiet streets, good schools, and plenty of things to do for kids.

What are some fun things to do in Tamiami? +

There are plenty of fun things to do in Tamiami, including visiting the Everglades Holiday Park, taking an airboat tour at the Miccosukee Indian Village, and exploring the Shark Valley area of Everglades National Park. You can also check out the Dolphin Mall, Trail Glades Range, and Miccosukee Casino & Resort for some entertainment options.

What is the food scene like in Tamiami? +

The food scene in Tamiami is known for its incredible Latin American cuisine, with popular spots like FINKA Table & Tap, 107 Taste, Mr & Mrs Bun, and Amelia's 1931. You can also find delicious Cuban, Colombian, Chilean, Salvadoran, and Mexican food at various restaurants in the area. There are also plenty of great food trucks and casual eateries to try.

What are the pros and cons of living in Tamiami? +

The pros of living in Tamiami include its diverse community, affordable housing options, and plenty of things to do and see. However, some cons include the area's high traffic and congestion, especially during rush hour, and the potential for hurricanes and other natural disasters. Additionally, some areas of Tamiami may have higher crime rates than others, so it's essential to research and choose a safe neighborhood.

Is Tamiami a good place to live? +

Overall, Tamiami can be a great place to live for those who value diversity, affordability, and a wide range of activities and amenities. While it may have some drawbacks, the area's unique blend of Latin American culture, beautiful parks and natural areas, and convenient location make it an attractive option for many people. As with any place, it's crucial to weigh the pros and cons and consider your individual priorities and preferences before deciding if Tamiami is the right fit for you.

Tamiami, 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 Tamiami FL Properties: 1.2800%

📊 Average Income For Tamiami FL Commercial Property: $61,300

Investor Questions For Tamiami FL

Tamiami FL Real Estate & City Facts

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