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Lauderhill, FL Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Lauderhill, Florida Market population: 68K. Explore income-producing properties with verified cap rates and operating...

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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

πŸ“Š Avg Property Tax Rate For Lauderhill FL Properties: 1.8900%

πŸ“Š Average Income For Lauderhill FL Commercial Property: $37,074

Investor Questions For Lauderhill FL

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

What is the overall investment potential of Lauderhill, FL, considering its demographics and economy? +
Lauderhill's diverse population, with 66.9% Black, 11.5% White, and 7.9% White Non-Hispanic, combined with a median household income of $37,074 and a poverty rate of 21.5%, suggests a working-class market with potential for stable employment and rental demand, particularly in the public administration, finance, and real estate sectors.
How does the city's commute time and health insurance coverage impact the quality of life for residents and potential tenants? +
The 28.6-minute average commute time and 81.0% health insurance coverage rate in Lauderhill indicate a relatively stable and healthy community, which can attract renters and support a strong rental market, especially considering the top commute methods are driving alone, carpooling, and working from home.
What are the key factors to consider when evaluating the housing market in Lauderhill, FL? +
The median property value of $107,500, median property taxes of $1,778, and a homeownership rate of 53.0% suggest a relatively affordable housing market, while the 47.0% renter population and diverse industries, including finance and real estate, may drive demand for rental properties and support investment opportunities.
How does the city's ethnic diversity and foreign-born rate influence market demand and investment potential? +
Lauderhill's high foreign-born rate of 42.1% and diverse ethnic population, with 66.9% Black and 11.5% White, may contribute to a strong demand for housing and rentals, particularly in neighborhoods with cultural amenities and services catering to these communities, supporting investment in properties that cater to these demographics.
What role do education and income inequality play in assessing the stability and growth potential of the Lauderhill real estate market? +
The 82.2% high school graduate or higher rate and 23.4% bachelor's degree or higher rate in Lauderhill, combined with a GINI coefficient of 0.437, indicate a relatively educated population with some income inequality, which may impact the types of properties and investments that are most viable, such as affordable housing or properties near educational institutions.

Lauderhill FL Real Estate & City Facts

Key facts and real estate information about Lauderhill FL.

What are some of the best neighborhoods to live in Lauderhill? +
Some of the best neighborhoods to live in Lauderhill include Inverrary, which is known for its golf course living and diverse housing inventory. Other neighborhoods like Coral Ridge and Victoria Park are also popular for their good schools and family-friendly atmosphere. Additionally, the southeast parts of the city tend to be more desirable, while the west regions offer more affordable homes.
What are some fun things to do in Lauderhill? +
Lauderhill has a variety of attractions and activities to enjoy, such as the Lauderhill Performing Arts Center, Insane Sounds Recording Studio, and the Broward Stage. You can also visit the Ilene Lieberman Botanical Gardens, Central Broward Park & Stadium, or explore the waterfront of Port Everglades in nearby Dania Beach. For some family-friendly fun, head to the Fort Lauderdale Beach or Hollywood Beach.
What is the food scene like in Lauderhill? +
Lauderhill's food scene offers a mix of island and American dining options. You can find savory Caribbean dishes at restaurants like Joy's Roti Delight or try some Korean BBQ at Gabose. For a taste of something different, head to Tasty G Spot or Crack'd Kitchen and Coffee. There are also plenty of great food trucks and celebrity restaurants in the area, including King's Super Buffet and Ruby Tuesday.
What are the pros and cons of living in Lauderhill? +
One of the pros of living in Lauderhill is its diverse community and variety of amenities, including parks, restaurants, and cultural attractions. However, some areas of the city can be quite crowded, and traffic can be a challenge. Additionally, the cost of living in Lauderhill may be higher than in other parts of the country. On the other hand, the city's strong sense of community and family-friendly atmosphere make it an attractive option for many families and individuals.
Is Lauderhill a good place to live? +
Lauderhill can be a great place to live for those who value diversity, community, and access to amenities. While it may have its challenges, the city's unique blend of island and American culture, its beautiful parks and gardens, and its vibrant food scene make it an attractive option for many people. Ultimately, whether or not Lauderhill is a good place to live depends on your individual preferences and priorities. If you're looking for a city with a strong sense of community and a mix of urban and natural amenities, Lauderhill may be worth considering.
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