Pembroke Park, FL Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Pembroke Park, Florida Market population: 6K. Explore income-producing properties with verified cap rates and...

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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 Pembroke Park FL Properties: 2.0800%

📊 Average Income For Pembroke Park FL Commercial Property: $32,318

Investor Questions For Pembroke Park FL

Common questions from investors exploring commercial real estate in Pembroke Park FL.

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

Pembroke Park's diverse population, with top ethnicities including Black (36.3%), White (22.1%), and Hispanic (19.2%), combined with a median household income of $32,318 and a poverty rate of 24.3%, suggests a working-class market with potential for growth, especially in industries like Manufacturing and Educational Services, which could drive demand for housing.

How does the commute time and health insurance coverage impact the quality of life for renters in Pembroke Park? +

The 27.7-minute average commute time and the fact that 77.3% of the population has health insurance coverage indicate a relatively stable and healthy environment for renters, which could lead to lower turnover rates and more reliable rental income, making it an attractive option for real estate investors.

What are the implications of the foreign-born rate and top industries on the local housing market? +

The high foreign-born rate of 34.5% and the presence of top industries like Transportation & Warehousing and Health Care & Social Assistance suggest a dynamic and diverse community, which could drive demand for housing and lead to appreciation in property values over time, making Pembroke Park an interesting location for real estate investment.

How do the poverty rate and homeownership rate influence the rental market in Pembroke Park? +

The poverty rate of 24.3% and a homeownership rate of 39.2% imply a significant portion of the population may be renting, and with a median property value of $63,500, there could be opportunities for investors to provide affordable housing options, potentially leading to a stable rental income stream and long-term appreciation in property value.

What role do income inequality and education levels play in assessing the stability of the real estate market in Pembroke Park? +

The GINI coefficient of 0.382 indicates a moderate level of income inequality, while the high school graduation rate of 75.2% and the percentage of the population with a Bachelor's degree or higher at 14.1% suggest a workforce with potential for growth and development, which could contribute to a stable and potentially growing real estate market, as a more educated workforce tends to have higher incomes and greater housing demands.

Pembroke Park FL Real Estate & City Facts

Key facts and real estate information about Pembroke Park FL.

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

Some of the best neighborhoods to live in Pembroke Park, FL, include the areas near Hallandale Beach and Hollywood, which offer a quick drive to shopping, golf, tennis, boating, kayaking, paddleboarding, fishing, diving, snorkeling, arts, culture, and live entertainment. However, it's essential to research and visit each neighborhood to determine which one best fits your needs and preferences.

What are some fun things to do in Pembroke Park? +

Pembroke Park, FL, offers a variety of activities, including biking trails, outdoor activities, and exploring the city's parks. You can also visit the nearby beaches, such as Hallandale Beach, or enjoy the local restaurants and nightlife. Additionally, the city hosts events like the Annual Fall Festival, which invites residents and visitors to come out and celebrate.

What is the food scene like in Pembroke Park? +

The food scene in Pembroke Park, FL, is diverse and offers a range of cuisines, including American, Italian, Seafood, Steakhouse, and Contemporary American. Some popular restaurants in the area include Frank's Italian Restaurant, Untoasted, The Hen and the Hog, and Rick's Steakhouse & Lounge. You can also find great food options in nearby Hallandale Beach and Hollywood.

What are the pros and cons of living in Pembroke Park? +

The pros of living in Pembroke Park, FL, include its convenient location near beaches, shopping, and entertainment options. The city also hosts events and has a variety of restaurants and outdoor activities. However, some cons include the potential for noise and crowds, especially in areas with active bar scenes. Additionally, research is necessary to determine the best neighborhoods and housing options for your needs and budget.

Is Pembroke Park a good place to live? +

Pembroke Park, FL, can be a good place to live, depending on your individual preferences and needs. The city offers a unique blend of outdoor activities, cultural events, and dining options, making it an attractive choice for those who want to be close to the action. However, it's crucial to weigh the pros and cons, research the different neighborhoods, and visit the area to determine if it's the right fit for you.

Pembroke Park, 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 Pembroke Park FL Properties: 2.0800%

📊 Average Income For Pembroke Park FL Commercial Property: $32,318

Investor Questions For Pembroke Park FL

Pembroke Park FL Real Estate & City Facts

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