Carrollwood, FL Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Carrollwood, Florida Market population: 34K. 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 Carrollwood FL Properties: 1.2900%

📊 Average Income For Carrollwood FL Commercial Property: $56,397

Investor Questions For Carrollwood FL

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

What is the overall investment potential of Carrollwood, FL, considering its demographic and economic factors? +

Carrollwood, FL, with a population of 33,934 and a median age of 41.3, presents a stable investment market, given its median household income of $56,397 and a relatively low poverty rate of 8.3%, which is further bolstered by a high health insurance coverage rate of 89.1% and a diverse economy led by professional services and wholesale trade.

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

The ethnic diversity, with top ethnicities being White (40.3%), White Non-Hispanic (28.9%), and Hispanic (17.2%), combined with a foreign-born rate of 14.5%, suggests a culturally rich and potentially dynamic market, while the top industries, including professional services and wholesale trade, indicate a strong demand for both residential and commercial properties.

What are the implications of the commute time and health insurance coverage for real estate investors in Carrollwood? +

The average commute time of 25.3 minutes, with top commute methods including driving alone, working from home, and carpooling, along with a high health insurance coverage rate of 89.1%, suggests a market with good infrastructure for renters and a relatively healthy and stable workforce, making it attractive for investors looking for long-term tenants.

How do the poverty rate and employment population affect the quality of tenants and property values in Carrollwood? +

The low poverty rate of 8.3% and a sizable employed population of 17,368, along with a median property value of $184,300, indicate a market with potential for stable property values and a pool of employed, and thus potentially reliable, tenants, which is beneficial for maintaining rental income and property appreciation.

What insights do the GINI coefficient and homeownership rate offer for real estate investment strategies in Carrollwood? +

The GINI coefficient of 0.468, which indicates a moderate level of income inequality, combined with a homeownership rate of 67.1%, suggests that while there is a significant portion of the population that owns homes, there is also a notable rental market, particularly considering the median household income and the presence of professional and managerial industries, offering opportunities for both rental income and potential long-term appreciation in property value.

Carrollwood FL Real Estate & City Facts

Key facts and real estate information about Carrollwood FL.

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

Some of the best neighborhoods to live in Carrollwood include Carrollwood Village, Lake Carroll, Stonebridge, and Lake Magdalene. These neighborhoods offer a range of housing options, from single-family homes to apartments, and are known for their lush landscapes, peaceful atmosphere, and convenient access to local amenities.

What are some fun things to do in Carrollwood? +

There are plenty of fun things to do in Carrollwood, including visiting the Carrollwood Day Spa, taking a ghost tour of Downtown Tampa, or exploring the local outdoors at places like the Hillsborough River State Park. You can also check out the Tampa Bay eBikes for a unique way to see the city, or visit the Laser Ops Xtreme Fun Center for some high-energy entertainment. Additionally, the area is home to several top-rated restaurants, bars, and cafes, such as Noble Crust, The Cracked Pepper Cafe, and O'Brian's Irish pub.

What is the food scene like in Carrollwood? +

The food scene in Carrollwood is diverse and vibrant, with a range of top-rated restaurants serving everything from Italian cuisine to fresh seafood. Some popular spots include Noble Crust, Carrabba's Italian Grill, and Jeremiah's Italian Ice. There are also plenty of great food trucks and casual eateries, such as Piccolo Buco and Sogna Napoli, that offer delicious and affordable options for dining out. Whether you're in the mood for something fancy or laid-back, Carrollwood has plenty of great places to eat and drink.

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

One of the pros of living in Carrollwood is its convenient location, with easy access to Downtown Tampa and other local amenities. The area is also known for its beautiful parks and outdoor spaces, such as the Hillsborough River State Park, which offer plenty of opportunities for recreation and relaxation. However, some cons of living in Carrollwood include the potential for traffic and congestion, particularly during rush hour, as well as the relatively high cost of living in some of the area's more desirable neighborhoods. Additionally, some residents may find the area to be a bit suburban or sleepy, particularly compared to more urban areas of Tampa.

Is Carrollwood a good place to live? +

Overall, Carrollwood is a great place to live for people who value a convenient location, beautiful outdoor spaces, and a range of amenities and activities. While it may not be the best fit for everyone, particularly those who prefer a more urban or fast-paced lifestyle, the area offers a unique blend of suburban charm and big-city accessibility that makes it an attractive option for many residents. With its top-rated schools, low crime rate, and high quality of life, Carrollwood is definitely worth considering for anyone looking to move to the Tampa area.

Carrollwood, 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 Carrollwood FL Properties: 1.2900%

📊 Average Income For Carrollwood FL Commercial Property: $56,397

Investor Questions For Carrollwood FL

Carrollwood FL Real Estate & City Facts

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