Pinellas Park, FL Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Pinellas Park, Florida Market population: 53K. 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 Pinellas Park FL Properties: 0.8200%

📊 Average Income For Pinellas Park FL Commercial Property: $44,885

Investor Questions For Pinellas Park FL

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

What is the overall investment potential of Pinellas Park, FL? +

The 12.1% poverty rate combined with an 86.2% health insurance coverage rate and a strong median household income of $44,885 suggests a stable investment market with a solid foundation for rental income and property appreciation, driven by top industries like Health Care & Social Assistance and Retail Trade.

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

The diverse population with top ethnicities including White, White Non-Hispanic, and Hispanic or Latino, along with an average commute time of 24.4 minutes and a high percentage of residents who drive alone, indicates a market with a mix of cultures and convenient access to employment opportunities, making it attractive for renters and buyers alike.

What are the key factors influencing the quality of life for residents and tenants in Pinellas Park? +

The city's relatively low poverty rate of 12.1%, high health insurance coverage rate of 86.2%, and short average commute time of 24.4 minutes contribute to a high quality of life, while the top industries of Health Care & Social Assistance, Retail Trade, and Accommodation & Food Services provide a stable employment base, making it an desirable location for tenants and residents.

How does the median property value and homeownership rate impact the real estate investment landscape? +

The median property value of $143,400 and a homeownership rate of 65.1% suggest a relatively affordable market with a strong presence of owner-occupiers, which can contribute to a stable and less volatile rental market, while the median property taxes of $1,947 provide a predictable cost structure for investors.

What role do the city's economy and employment statistics play in assessing investment risk and potential returns? +

The employed population of 24,449, low income inequality with a GINI coefficient of 0.413, and a foreign-born rate of 12.1% indicate a diverse and stable economy, which when combined with the top industries and occupations, suggests a market with a low risk of significant economic downturns and potential for steady rental yields and property appreciation.

Pinellas Park FL Real Estate & City Facts

Key facts and real estate information about Pinellas Park FL.

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

Some of the best neighborhoods to live in Pinellas Park include the southwest parts of the city, which tend to be more desirable, and the northeast regions, which offer more affordable homes. According to online reviews, neighborhoods like Downtown St. Pete, Old Northeast, Snell Isle, Kenwood, Shore Acres, and St. Pete Beach are popular choices. However, it's essential to research and visit each area to determine which one best fits your lifestyle and preferences.

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

There are plenty of fun things to do in Pinellas Park, including visiting attractions like the Tampa Bay Automobile Museum, Freedom Lake Park, and the German-american Society. You can also explore the local art scene, go ice skating, play mini golf, or read a book at one of the many parks or libraries. Additionally, the city hosts various events and festivals throughout the year, such as the St. Petersburg Renaissance Faire. For outdoor enthusiasts, Fort De Soto is a popular destination for hiking, biking, and beach activities.

What is the food scene like in Pinellas Park? +

The food scene in Pinellas Park is diverse and vibrant, with a range of restaurants serving different cuisines. Some popular spots include SeÃ±or Taco, Your Mother's Back Yard, Welton Brewing Co & Oyster Bar, Pho Kien Giang, and Cajun Cafe On the Bayou. You can also find great Italian food at Da Sesto Italiano Ristorante e Vino or enjoy a drink and some tasty food at Five Bucks Drinkery. There are also plenty of great food trucks and local eateries to explore, offering everything from seafood to BBQ and more.

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

The pros of living in Pinellas Park include its affordable housing options, convenient location, and plenty of outdoor recreational activities. However, some cons include the city's relatively high poverty rate and income inequality. Additionally, traffic and commute times can be a challenge, especially during rush hour. On the other hand, the city has a strong sense of community, with many family-friendly events and activities throughout the year. Ultimately, whether Pinellas Park is a good fit for you will depend on your individual priorities and lifestyle.

Is Pinellas Park a good place to live? +

Pinellas Park can be a good place to live, depending on your individual needs and preferences. The city offers a unique blend of small-town charm and big-city amenities, with plenty of opportunities for outdoor recreation, cultural activities, and community engagement. While it may have its challenges, such as traffic and poverty, Pinellas Park also has a lot to offer, including affordable housing, a diverse food scene, and a strong sense of community. As with any city, it's essential to weigh the pros and cons and visit in person to determine whether Pinellas Park is the right fit for you.

Pinellas 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 Pinellas Park FL Properties: 0.8200%

📊 Average Income For Pinellas Park FL Commercial Property: $44,885

Investor Questions For Pinellas Park FL

Pinellas Park FL Real Estate & City Facts

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