Tamarac, FL Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Tamarac, Florida Market population: 62K. Browse multifamily, office, retail, industrial, and mixed-use investment opportunities....

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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 Tamarac FL Properties: 1.4400%

📊 Average Income For Tamarac FL Commercial Property: $42,548

Investor Questions For Tamarac FL

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

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

Tamarac, FL, with a population of 61,586 and a median age of 46.6, presents a stable investment market, given its median household income of $42,548 and a relatively low poverty rate of 12.2%, which is further bolstered by an employed population of 28,809 and a high health insurance coverage rate of 86.4%.

How does the ethnic diversity and industry landscape of Tamarac influence its real estate market? +

The city's diverse ethnic landscape, with top ethnicities including White (33.6%), White Non-Hispanic (21.9%), and Hispanic (18.0%), alongside its thriving industries such as Public Administration, Information, and Finance & Insurance, suggests a robust and varied demand for housing, potentially stabilizing the market.

What insights can be gleaned from Tamarac's housing market and quality of life metrics for real estate investors? +

With a median property value of $120,100 and median property taxes of $2,037, Tamarac's housing market appears relatively affordable, while its high homeownership rate of 73.3% and average commute time of 27.9 minutes indicate a desirable quality of life, making it an attractive location for both homeowners and renters.

How do poverty rates, health insurance coverage, and commute times in Tamarac impact the quality of tenants and the overall rental market? +

The combination of a 12.2% poverty rate with an 86.4% health insurance coverage rate suggests a working-class market with a degree of employment stability, and when coupled with an average commute time of 27.9 minutes, it indicates a solid infrastructure for renters, potentially leading to a stable rental income stream for investors.

What role does the foreign-born population and income inequality play in shaping Tamarac's real estate investment landscape? +

Tamarac's significant foreign-born rate of 34.6% and a gini coefficient of 0.416, indicating moderate income inequality, suggest a dynamic and potentially growing market, as diverse populations can drive demand for housing and contribute to economic growth, making it an interesting location for real estate investment and development opportunities.

Tamarac FL Real Estate & City Facts

Key facts and real estate information about Tamarac FL.

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

Some of the best neighborhoods to live in Tamarac include Westwood, Banyan Lakes, Captiva, and The Woodlands. These neighborhoods offer a mix of treed streets, mid-century houses, and a range of amenities. However, it's worth noting that the most desired areas tend to be in the northwest parts of the city, while more affordable homes are in the southwest regions.

What are some fun things to do in Tamarac? +

There are plenty of fun things to do in Tamarac, including visiting the Sawgrass Trailhead, Gary B. Jones Park for People and Pups, and Caporella Park. You can also enjoy a movie in the park, play lawn games, or take a stroll along the scenic trails. Additionally, the city hosts various special events throughout the year, such as festivals and concerts.

What is the food scene like in Tamarac? +

The food scene in Tamarac is diverse and vibrant, with a range of restaurants serving everything from Chinese and barbecue to Mediterranean and seafood. Some popular spots include Hong Kong City BBQ, Chow Time Grill & Buffet, and Mannino's. There are also plenty of great food trucks and casual eateries to grab a quick bite.

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

The pros of living in Tamarac include its affordable housing, scenic parks and trails, and vibrant food scene. However, some cons include the city's relatively high crime rate and traffic congestion. Additionally, some areas of the city may be more prone to flooding or have older infrastructure. Overall, Tamarac is a great option for those looking for a affordable and lively community, but it's worth doing your research and weighing the pros and cons before making a decision.

Is Tamarac a good place to live? +

Tamarac can be a great place to live, depending on your individual priorities and preferences. The city offers a unique blend of affordability, natural beauty, and cultural attractions, making it an attractive option for families, retirees, and young professionals alike. However, as with any city, there are also some challenges to consider, such as crime and traffic. Ultimately, whether Tamarac is a good place to live will depend on your individual circumstances and what you're looking for in a community.

Tamarac, 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 Tamarac FL Properties: 1.4400%

📊 Average Income For Tamarac FL Commercial Property: $42,548

Investor Questions For Tamarac FL

Tamarac FL Real Estate & City Facts

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