Coral Gables, FL Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Coral Gables, Florida Market population: 48K. 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 Coral Gables FL Properties: 1.2500%

📊 Average Income For Coral Gables FL Commercial Property: $90,649

Investor Questions For Coral Gables FL

Common questions from investors exploring commercial real estate in Coral Gables FL.

What is the overall investment potential of Coral Gables, FL? +

The city's high median household income of $90,649, combined with a relatively low poverty rate of 8.0% and high health insurance coverage of 93.0%, suggests a stable and attractive market for real estate investment, with a diverse population of White, Hispanic, and White Non-Hispanic residents.

How does the local economy impact the real estate market in Coral Gables? +

The top industries in Coral Gables, including Finance & Insurance, Real Estate & Rental & Leasing, and Manufacturing, contribute to a strong employment market, with 22,600 employed individuals, which in turn supports a high median property value of $617,300 and a relatively high homeownership rate of 64.1%.

What are the key quality-of-life factors that influence the desirability of Coral Gables as an investment location? +

The city's average commute time of 21.7 minutes, with a high percentage of residents driving alone or working from home, indicates a convenient and flexible transportation infrastructure, while the high health insurance coverage rate of 93.0% and low poverty rate of 8.0% suggest a relatively stable and healthy population.

How does the ethnic diversity of Coral Gables impact the local real estate market? +

The diverse population of Coral Gables, with a mix of White, Hispanic, and White Non-Hispanic residents, contributes to a vibrant and dynamic community, with a strong demand for housing and a relatively high median property value of $617,300, supported by a high median household income of $90,649 and a low poverty rate of 8.0%.

What are the implications of the city's income inequality and poverty rate for real estate investors? +

The relatively low poverty rate of 8.0% and high health insurance coverage rate of 93.0% in Coral Gables suggest a relatively stable and employed population, which can contribute to a lower risk of investment, while the GINI coefficient of 0.565 indicates some income inequality, which may impact the affordability and demand for certain types of housing, particularly in areas with high median property taxes of $11,356.

Coral Gables FL Real Estate & City Facts

Key facts and real estate information about Coral Gables FL.

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

Some of the best neighborhoods to live in Coral Gables include Gables Estates, Sunrise Harbor, Cocoplum, and Old Cutler Bay. These neighborhoods offer a range of housing options, from luxury estates to more affordable single-family homes, and are known for their beautiful tree-lined streets, good schools, and strong sense of community.

What are some fun things to do in Coral Gables? +

There are plenty of fun things to do in Coral Gables, including visiting the Coral Gables Museum, Fairchild Tropical Botanic Garden, Venetian Pool, and Matheson Hammock Park. You can also stroll down Miracle Mile, which is lined with shops, restaurants, and cafes, or attend one of the many festivals and events that take place in the city throughout the year, such as the Coral Gables Festival of the Arts.

What is the food scene like in Coral Gables? +

The food scene in Coral Gables is diverse and vibrant, with a range of restaurants serving everything from Italian and French to Spanish, Brazilian, and American cuisine. Some popular restaurants include Havana Harry's, Seasons 52, Mesa Mar, and Bulla Gastrobar, which offers a vibrant, communal dining experience with a focus on Spanish tapas. There are also plenty of great food trucks and casual eateries to choose from, so you're sure to find something that suits your taste and budget.

What are the pros and cons of living in Coral Gables? +

One of the pros of living in Coral Gables is its beautiful tree-lined streets, good schools, and strong sense of community. The city also has a lot to offer in terms of culture, entertainment, and outdoor activities, with plenty of parks, museums, and festivals to enjoy. However, one of the cons is that it can be quite expensive, with high housing costs and property taxes. Additionally, traffic in the city can be heavy at times, especially during rush hour, and parking can be a challenge in some areas. Overall, though, Coral Gables is a great place to live for those who value a high quality of life and are willing to pay for it.

Is Coral Gables a good place to live? +

Yes, Coral Gables is a good place to live for many people. The city offers a unique blend of small-town charm and big-city amenities, with a strong sense of community and a high quality of life. While it can be expensive, the city's beautiful neighborhoods, good schools, and plenty of cultural and entertainment options make it a great choice for families, professionals, and retirees alike. Of course, as with any city, there are pros and cons to consider, but overall, Coral Gables is a wonderful place to call home.

Coral Gables, 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 Coral Gables FL Properties: 1.2500%

📊 Average Income For Coral Gables FL Commercial Property: $90,649

Investor Questions For Coral Gables FL

Coral Gables FL Real Estate & City Facts

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