Bithlo, FL Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Bithlo, Florida Search by cap rate, NOI, tax rates, property size, and location to...

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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 Bithlo FL Properties: 2.8440%

📊 Average Income For Bithlo FL Commercial Property: $54,178

Investor Questions For Bithlo FL

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

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

Bithlo's median household income of $54,178 and employed population of 3,892 suggest a stable economy, while its 18.8% poverty rate and 0.423 GINI coefficient indicate some income inequality; however, the city's 85.9% health insurance coverage and 36.3-minute average commute time suggest a relatively stable quality of life for residents.

How does the ethnic diversity and industry mix in Bithlo impact the local real estate market? +

The city's top ethnicities, including White, White Non-Hispanic, and Hispanic, contribute to a diverse population, while its top industries, such as Public Administration and Manufacturing, provide a range of job opportunities; this diversity can lead to a more resilient rental market, with a median property value of $151,800 and median property taxes of $2,037.

What are the implications of Bithlo's commute times and transportation methods for real estate investors? +

The average commute time of 36.3 minutes and top commute methods, including driving alone and carpooling, suggest that residents have relatively convenient access to employment opportunities; combined with the city's 75.2% homeownership rate, this indicates a stable housing market with potential for long-term appreciation.

How do the poverty rate and health insurance coverage in Bithlo affect the quality of tenants and property management? +

The 18.8% poverty rate in Bithlo, combined with 85.9% health insurance coverage, suggests a working-class market with some employment stability; this can lead to a more reliable tenant base, although property managers should still carefully screen applicants to ensure timely rent payments and property upkeep.

What role do the top industries in Bithlo play in driving demand for housing and rentals? +

The presence of top industries like Public Administration, Professional Services, and Manufacturing in Bithlo contributes to a diverse economy, which can drive demand for housing and rentals; with a median property value of $151,800 and a relatively high homeownership rate, investors may find opportunities in rental properties catering to these industries' employees, particularly in areas with convenient commute times and access to amenities.

Bithlo FL Real Estate & City Facts

Key facts and real estate information about Bithlo FL.

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

Some of the best neighborhoods to live in Bithlo, FL, include the north parts of the city, which tend to be more desired, while more affordable homes can be found in the southeast regions. According to NeighborhoodScout, the Bithlo neighborhood is considered a solid choice for executive lifestyles, ranking better than 90.3% of Florida neighborhoods.

What are some fun things to do in Bithlo? +

There are several fun things to do in and around Bithlo, FL, including visiting the Bithlo Community Park Splash Pad, exploring the Orlando Wetlands Park, and checking out the Florida Trail through a swamp. You can also find unique restaurants and bars in the nearby areas of Oviedo and Orlando.

What is the food scene like in Bithlo? +

The food scene in Bithlo, FL, is diverse, with several unique restaurants and bars in the nearby areas of Oviedo and Orlando. Some popular options include Giovanni's Italian Restaurant, Arcade Monsters, and Aurora At The Celeste. There are also plenty of great food trucks and casual eateries to choose from.

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

The pros of living in Bithlo, FL, include its suburban rural mix feel, affordable housing options, and access to outdoor recreational activities. However, some cons include the area's reputation for being a bit rough around the edges, with some residents describing it as 'the nightmare before Christmas.' Additionally, the city's poverty rate is higher than the national average, and the commute time can be lengthy.

Is Bithlo a good place to live? +

Whether or not Bithlo is a good place to live depends on your individual preferences and priorities. If you're looking for an affordable place to live with a suburban rural mix feel, Bithlo might be a good choice. However, if you're concerned about safety or prefer a more urban lifestyle, you might want to consider other options. Ultimately, it's essential to weigh the pros and cons and visit the area in person to get a feel for the community.

Bithlo, 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 Bithlo FL Properties: 2.8440%

📊 Average Income For Bithlo FL Commercial Property: $54,178

Investor Questions For Bithlo FL

Bithlo FL Real Estate & City Facts

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