Goldenrod, FL Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Goldenrod, Florida Market population: 12K. 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 Goldenrod FL Properties: 0.5375%

📊 Average Income For Goldenrod FL Commercial Property: $34,007

Investor Questions For Goldenrod FL

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

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

With a median household income of $34,007 and a poverty rate of 18.1%, Goldenrod presents a mixed bag for investors, but its diverse top industries, including Construction and Finance & Insurance, alongside a relatively high health insurance coverage of 82.4%, suggest a stable workforce and potential for growth.

How does the city's ethnic diversity and commute time impact the rental market? +

The city's ethnic diversity, with top ethnicities being White, White Non-Hispanic, and Hispanic, contributes to a vibrant community, while the average commute time of 25.2 minutes, primarily by driving alone or carpooling, indicates a manageable and connected city, which can attract a wide range of renters.

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

The GINI coefficient of 0.453, indicating moderate income inequality, combined with an employed population of 5,712 and top industries in Construction and Public Administration, suggests a market with a stable workforce but potential for disparities in housing demand, which investors should consider when targeting specific segments of the market.

How do the health insurance rate and poverty rate in Goldenrod affect the quality of tenants and property maintenance? +

The 82.4% health insurance coverage, despite a poverty rate of 18.1%, implies a population with access to healthcare, potentially leading to more stable and responsible tenants, which is beneficial for property maintenance and reduced vacancy rates.

What role do the median property value and homeownership rate play in determining Goldenrod's real estate investment viability? +

With a median property value of $164,100 and a homeownership rate of 46.8%, Goldenrod offers a relatively affordable market for investors, especially considering the potential for rental income, given that over half of the population rents, suggesting a demand for rental properties that can be met with strategic investment.

Goldenrod FL Real Estate & City Facts

Key facts and real estate information about Goldenrod FL.

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

Some of the best neighborhoods to live in Goldenrod include areas in the north part of the city, which tend to be more desirable and have higher median house prices. According to Best Neighborhoods, the most desired areas tend to be in the north parts of the city, while more affordable homes are in the south regions. Additionally, areas like Winter Park and Maitland are also popular for families and have a strong sense of community.

What are some fun things to do in Goldenrod? +

There are plenty of fun things to do in Goldenrod, including visiting the Howell Creek Fishing Pavilion, which offers scenic views of Howell Creek, and exploring the Take Flight Sculpture and Lake Eola Park. You can also check out the top 10 best things to do in Goldenrod on Yelp, which includes activities like visiting Secret Lake Park, Luminescent, and Permanent Vacation. Additionally, the city has a variety of events and exhibitions throughout the year, which can be found on Eventbrite.

What is the food scene like in Goldenrod? +

The food scene in Goldenrod is diverse and offers a range of options, from modern Greek cuisine at AVA MediterrAegean to Spanish restaurants like Las Carretas Mexican Restaurant. There are also plenty of great food trucks and casual eateries, like Johnny's Diner and Cow & Cheese. According to Yelp, some of the best restaurants in Goldenrod include Blue Anchor, Tambayan at, and Las Carretas Mexican Restaurant.

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

The pros of living in Goldenrod include its desirable neighborhoods, scenic views, and range of activities and events. However, some areas of the city may have higher crime rates, and the cost of living can be relatively high. According to Reddit, some areas of Goldenrod are considered safer than others, and it's worth doing your research before deciding where to live. Additionally, the city has a strong sense of community, with many residents actively engaged in local events and initiatives.

Is Goldenrod a good place to live? +

Overall, Goldenrod can be a great place to live, with its desirable neighborhoods, scenic views, and range of activities and events. However, as with any city, there are pros and cons to consider. If you're looking for a strong sense of community and a range of amenities, Goldenrod may be a good fit for you. But if you're on a tight budget or prioritizing affordability, you may want to consider other options. Ultimately, it's worth doing your research and weighing the pros and cons before making a decision.

Goldenrod, 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 Goldenrod FL Properties: 0.5375%

📊 Average Income For Goldenrod FL Commercial Property: $34,007

Investor Questions For Goldenrod FL

Goldenrod FL Real Estate & City Facts

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