Doctor Phillips, FL Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Doctor Phillips, Florida Market population: 12K. Compare commercial properties across all major asset classes...

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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 Doctor Phillips FL Properties: 1.1600%

📊 Average Income For Doctor Phillips FL Commercial Property: $93,419

Investor Questions For Doctor Phillips FL

Common questions from investors exploring commercial real estate in Doctor Phillips FL.

What are the key demographics that make Doctor Phillips, FL an attractive market for real estate investment? +

The population of 12,328 with a median age of 43.8, combined with a diverse ethnic mix of White, White Non-Hispanic, and Hispanic residents, suggests a stable and growing community. The foreign born rate of 23.1% and top industries in Retail Trade, Finance & Insurance, and Professional, Scientific, & Technical Services indicate a strong and diverse economy.

How does the poverty rate and health insurance coverage impact the quality of tenants in Doctor Phillips, FL? +

The 6.3% poverty rate combined with 95.1% health insurance coverage suggests a working-class market with employment stability and access to healthcare, making for reliable tenants. The average commute time of 25.6 minutes and high rate of drove alone commutes also indicate a population with stable employment and transportation.

What are the implications of the median property value and property taxes on real estate investment in Doctor Phillips, FL? +

The median property value of $343,400 and median property taxes of $3,941, along with a homeownership rate of 71.4%, suggest a relatively stable and affluent market. The GINI coefficient of 0.501 indicates some income inequality, but the overall economy and employment rate of 3.2% unemployment suggest a strong market for rental properties.

How does the commute time and method impact the quality of life for residents and potential tenants in Doctor Phillips, FL? +

The average commute time of 25.6 minutes and top commute methods of drove alone, worked at home, and carpooled suggest a population with flexible work arrangements and relatively low commute stress. This, combined with the high health insurance coverage rate of 95.1%, indicates a high quality of life and a desirable location for tenants.

What role do the top industries and ethnic diversity play in driving market demand for real estate in Doctor Phillips, FL? +

The top industries in Retail Trade, Finance & Insurance, and Professional, Scientific, & Technical Services, along with the diverse ethnic mix of White, White Non-Hispanic, and Hispanic residents, suggest a strong and growing demand for housing. The median household income of $93,419 and employed population of 6,341 also indicate a stable and affluent market with a high demand for quality properties.

Doctor Phillips FL Real Estate & City Facts

Key facts and real estate information about Doctor Phillips FL.

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

Some of the best neighborhoods to live in Doctor Phillips include Bay Hill, Phillips Landing, Vizcaya, and other upscale communities surrounded by the Butler and Sand Lake Chain of Lakes. These neighborhoods offer a range of housing options, from custom-built homes to luxury apartments, and are known for their mature oak-lined streets and top-rated schools.

What are some fun things to do in Doctor Phillips? +

There are plenty of fun things to do in Doctor Phillips, including visiting the Corona Cigar Co. & Drew Estate Lounge, exploring the Dellagio Town Center, and enjoying the entertainment options at ICON Park Orlando. You can also play a round of golf at one of the nearby courses, or take a stroll around the beautiful lakes and parks in the area. Additionally, the area is close to major theme parks like Universal Orlando Resort and Walt Disney World Resort.

What is the food scene like in Doctor Phillips? +

The food scene in Doctor Phillips is diverse and exciting, with a range of restaurants serving everything from Turkish cuisine at Bosphorous Turkish Cuisine to steak at Morton's The Steakhouse. You can also find great paninis at Hot Krust Panini Kitchen, sushi at Bonsai Sushi, and Peruvian cuisine at El Inka Grill. There are also plenty of great food trucks and casual eateries in the area, like Pammie's Sammies and Flippers Pizzeria.

What are the pros and cons of living in Doctor Phillips? +

The pros of living in Doctor Phillips include its upscale lifestyle, beautiful lakes and parks, and convenient location near major theme parks and entertainment options. However, some cons include the area's high cost of living, with median property values over $340,000 and median household incomes over $93,000. Additionally, the area can be quite crowded and touristy, especially during peak season. Overall, Doctor Phillips is a great choice for those who value luxury and convenience, but may not be the best fit for those on a budget or looking for a more laid-back atmosphere.

Is Doctor Phillips a good place to live? +

Doctor Phillips is a great place to live for those who value an upscale lifestyle, convenient location, and plenty of entertainment options. The area offers a range of housing options, from luxury apartments to custom-built homes, and is known for its beautiful lakes and parks. However, the high cost of living and crowded tourist areas may be a drawback for some. Overall, Doctor Phillips is a good choice for families, professionals, and retirees who are looking for a luxurious and convenient place to call home.

Doctor Phillips, 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 Doctor Phillips FL Properties: 1.1600%

📊 Average Income For Doctor Phillips FL Commercial Property: $93,419

Investor Questions For Doctor Phillips FL

Doctor Phillips FL Real Estate & City Facts

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