Asbury Lake, FL Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Asbury Lake, Florida Market population: 9K. Browse multifamily, office, retail, industrial, and mixed-use investment...

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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 Asbury Lake FL Properties: 1.5600%

📊 Average Income For Asbury Lake FL Commercial Property: $69,871

Investor Questions For Asbury Lake FL

Common questions from investors exploring commercial real estate in Asbury Lake FL.

What's the overall investment potential of Asbury Lake, FL, considering its demographics and economy? +

Asbury Lake's median household income of $69,871, combined with a relatively low poverty rate of 5.3% and a high health insurance coverage rate of 89.9%, suggests a stable and attractive market for investors. The top industries, including Transportation & Warehousing and Finance & Insurance, also indicate a diverse economy, while the median age of 34.1 and top ethnicities of White and White Non-Hispanic provide insight into the local population's characteristics.

How does the local commute and quality of life impact the rental market in Asbury Lake? +

The average commute time of 36.4 minutes, with top commute methods including Drove Alone and Worked At Home, indicates a relatively manageable commute, which can positively impact the rental market. Additionally, the high health insurance coverage rate of 89.9% and low poverty rate of 5.3% suggest a stable and employed population, making it an attractive location for renters and investors alike.

What role does ethnic diversity play in shaping the demand for real estate in Asbury Lake? +

The top ethnicities in Asbury Lake, including White, White Non-Hispanic, and Hispanic, contribute to a diverse population, which can drive demand for real estate. The foreign-born rate of 3.4% also suggests a potential for international investment and cultural exchange, further diversifying the local market. With a median property value of $184,100, investors can capitalize on this diversity to attract a wide range of tenants and buyers.

How do the local industries and employment rates influence the real estate market in Asbury Lake? +

The top industries in Asbury Lake, including Transportation & Warehousing and Professional, Scientific, & Management, indicate a strong and diverse economy, which can support a stable real estate market. The employed population of 4,486 and low poverty rate of 5.3% also suggest a high level of employment stability, making it an attractive location for investors and renters. With a median household income of $69,871, the local economy can support a range of real estate investments, from residential to commercial properties.

What are the key factors to consider when evaluating the potential return on investment (ROI) in Asbury Lake's real estate market? +

When evaluating ROI in Asbury Lake, investors should consider the median property value of $184,100, median property taxes of $2,877, and homeownership rate of 88.7%. Additionally, the low poverty rate of 5.3%, high health insurance coverage rate of 89.9%, and diverse economy suggest a stable and attractive market. By combining these factors, investors can make informed decisions about their investments and potential returns, taking into account the local market's unique characteristics and opportunities.

Asbury Lake FL Real Estate & City Facts

Key facts and real estate information about Asbury Lake FL.

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

Some of the best neighborhoods to live in Asbury Lake include Lake Asbury, Royal Pointe Subdivision, and areas in the east parts of the city. These neighborhoods are known for being family-friendly, having low crime rates, and top public schools. For example, Lake Asbury is a golf cart-friendly community with lakefront properties, while Royal Pointe Subdivision offers a range of housing options.

What are some fun things to do in Asbury Lake? +

Asbury Lake has a variety of fun things to do, including visiting Toby the Tortoise, a unique tourist attraction, and exploring the Black Creek Ravines Conservation Area, which is known for its abundance of wildlife and adventure. You can also check out events and tickets on Eventbrite, such as concerts and festivals. Additionally, the nearby city of Jacksonville offers a range of attractions and activities, including the St. Nicholas neighborhood.

What is the food scene like in Asbury Lake? +

The food scene in Asbury Lake is diverse and offers a range of options, including contemporary American cuisine at Cooper's Hawk Winery & Restaurants, and Italian food at Valentina's Italian Bistro. There are also plenty of great restaurants near Lake Asbury Dr, such as Birdie's Dinner & Dessert and Anejo Cocina. You can also find food delivery options on Uber Eats, featuring restaurants like Stoner's Pizza Joint and Pizza Hut.

What are the pros and cons of living in Asbury Lake? +

The pros of living in Asbury Lake include its family-friendly neighborhoods, low crime rates, and top public schools. The city also has a range of outdoor activities and attractions, such as the Black Creek Ravines Conservation Area. However, some cons of living in Asbury Lake include the potential for high housing costs, particularly in desirable neighborhoods like Lake Asbury. Additionally, the city may have limited job opportunities and a relatively small town feel, which may not be suitable for everyone.

Is Asbury Lake a good place to live? +

Asbury Lake can be a good place to live, depending on your individual preferences and priorities. The city offers a range of benefits, including its family-friendly atmosphere, outdoor activities, and relatively low crime rates. However, it may not be the best fit for everyone, particularly those looking for a more urban lifestyle or a wider range of job opportunities. Ultimately, whether Asbury Lake is a good place to live depends on your personal circumstances and what you are looking for in a community.

Asbury Lake, FL 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 Asbury Lake FL Properties: 1.5600%

📊 Average Income For Asbury Lake FL Commercial Property: $69,871

Investor Questions For Asbury Lake FL

Asbury Lake FL Real Estate & City Facts

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