Pace, FL Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Pace, Florida Market population: 20K. 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

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📊 Avg Property Tax Rate For Pace FL Properties: 1.2700%

📊 Average Income For Pace FL Commercial Property: $60,394

Investor Questions For Pace FL

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

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

Pace, FL, with a median household income of $60,394, a relatively low poverty rate of 9.8%, and a high health insurance coverage rate of 90.6%, presents a stable investment market. The top industries, including manufacturing and information, contribute to employment stability, while the average commute time of 26.6 minutes and high homeownership rate of 80.0% indicate a desirable quality of life. This balance suggests a favorable environment for real estate investment.

How does the ethnic diversity and industry mix in Pace, FL, impact the demand for housing and rental properties? +

The ethnic diversity in Pace, FL, with a majority of White and White Non-Hispanic populations, combined with the presence of top industries like manufacturing and agriculture, suggests a steady demand for housing. The diversity and industry mix contribute to a stable workforce, which, along with the low poverty rate of 9.8% and high health insurance coverage of 90.6%, indicates a reliable tenant base for rental properties.

What are the implications of the commute time, health insurance coverage, and poverty rate on the quality and stability of tenants in Pace, FL? +

The 26.6-minute average commute time, 90.6% health insurance coverage, and 9.8% poverty rate in Pace, FL, collectively suggest a population with access to employment opportunities, healthcare, and a relatively stable financial situation. This combination is indicative of high-quality, reliable tenants who are more likely to maintain rental payments and care for properties.

How do the median property value, property taxes, and homeownership rate in Pace, FL, influence the attractiveness of real estate investments in the area? +

The median property value of $154,200, median property taxes of $5,939, and a high homeownership rate of 80.0% in Pace, FL, suggest a balanced housing market. These factors, coupled with the area's economic stability and desirable quality of life, make Pace an attractive location for real estate investments, offering potential for appreciation and rental income.

What role do the GINI coefficient, employed population, and top commute methods play in assessing the market stability and potential for real estate growth in Pace, FL? +

The GINI coefficient of 0.369, indicating moderate income inequality, and an employed population of 9,179, suggest a stable economic base. The top commute methods, including driving alone and working from home, reflect flexibility and potential for remote work, which can contribute to market stability. These factors, along with the low poverty rate and high health insurance coverage, support the potential for sustained real estate growth in Pace, FL.

Pace FL Real Estate & City Facts

Key facts and real estate information about Pace FL.

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

Some of the best neighborhoods to live in Pace, FL, are Woodbine Springs Plantation, Ashley Plantation, Hammersmith, Stonebrook, and Wallace Lake. These neighborhoods offer a peaceful and family-friendly atmosphere, with beautiful trees and quiet surroundings.

What are some fun things to do in Pace? +

There are plenty of fun things to do in Pace, FL, such as visiting the Milton Riverwalk, Uncle Sandy's Macaw Bird Park, Benny Russell Park, and the Stonebrook Golf Course. You can also explore the Blackwater Heritage State Trail, Yellow River Marsh Preserve, and Arcadia Mill. Additionally, you can check out the local restaurants and bars, such as Socios Pizza-Pasta, Sonny's BBQ, and Pedros Tacos & Tequila Bar Pace.

What is the food scene like in Pace? +

The food scene in Pace, FL, is diverse and offers a range of options, including American, Spanish, and Mexican cuisine. Some popular restaurants include Socios Pizza-Pasta, Sonny's BBQ, Pedros Tacos & Tequila Bar Pace, and Cactus Flower. There are also plenty of great food trucks and local eateries to try.

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

The pros of living in Pace, FL, include its peaceful and family-friendly atmosphere, beautiful trees and quiet surroundings, and a range of outdoor activities to enjoy. However, some cons include the risk of flooding, with a High Flood Risk score, and the need for flood insurance. Additionally, some areas may be prone to noise pollution from nearby roads or industrial sites.

Is Pace a good place to live? +

Overall, Pace, FL, is a great place to live, offering a peaceful and family-friendly atmosphere, a range of outdoor activities, and a diverse food scene. While there are some potential drawbacks to consider, such as the risk of flooding, the pros outweigh the cons for many people. With its beautiful surroundings and small-town charm, Pace is an excellent choice for those looking for a relaxed and welcoming community.

Pace, 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 Pace FL Properties: 1.2700%

📊 Average Income For Pace FL Commercial Property: $60,394

Investor Questions For Pace FL

Pace FL Real Estate & City Facts

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