Coral Springs, FL Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Coral Springs, Florida Market population: 123K. 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 Coral Springs FL Properties: 1.4200%

📊 Average Income For Coral Springs FL Commercial Property: $64,753

Investor Questions For Coral Springs FL

Common questions from investors exploring commercial real estate in Coral Springs FL.

What is the overall investment potential of Coral Springs, FL? +

The city's median household income of $64,753, combined with a relatively low poverty rate of 9.6% and high health insurance coverage of 84.8%, suggests a stable market with a strong potential for rental income and property appreciation, particularly given the diverse economy with top industries in Public Administration, Finance & Insurance, and Real Estate & Rental & Leasing.

How does the demographic diversity of Coral Springs impact its real estate market? +

The city's ethnic diversity, with top ethnicities including White, White Non-Hispanic, and Hispanic, contributes to a vibrant and dynamic community, which can attract a wide range of tenants and buyers, while the foreign born rate of 34.4% indicates a potential for international investment and cultural exchange, supporting a strong and resilient real estate market.

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

The average commute time of 27 minutes, top commute methods including driving alone, working from home, and carpooling, and a high health insurance coverage rate of 84.8% all contribute to a high quality of life, making Coral Springs an attractive location for tenants and homeowners, which in turn supports a stable and growing real estate market with a median property value of $271,600.

How does the local economy and employment landscape impact real estate investment in Coral Springs? +

The employed population of 61,555, median household income of $64,753, and top industries in Public Administration, Finance & Insurance, and Real Estate & Rental & Leasing indicate a strong and diverse economy, which can support a stable and growing real estate market, while the GINI coefficient of 0.445 suggests some income inequality, which investors should consider when assessing tenant quality and potential for rental income.

What are the implications of the city's homeownership rate and property taxes for real estate investors? +

The homeownership rate of 61.2% and median property taxes of $26,391 suggest a relatively high level of investment in the city's housing stock, which can contribute to a stable and appreciating real estate market, while the property taxes themselves may impact cash flow and ROI for investors, who should carefully consider these factors when evaluating potential investments in Coral Springs.

Coral Springs FL Real Estate & City Facts

Key facts and real estate information about Coral Springs FL.

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

Some of the best neighborhoods to live in Coral Springs include Wyndham Lakes, Whispering Woods, The Isles, Running Brook Hills, Maplewood, Kensington, Heron Bay, and Eagle Trace. These neighborhoods offer a range of housing options, from single-family homes to townhouses and condos, and are known for their good schools, low crime rates, and convenient access to shopping and dining.

What are some fun things to do in Coral Springs? +

There are plenty of fun things to do in Coral Springs, including visiting the Tall Cypress Natural Area, Sawgrass Nature Center and Wildlife Hospital, and the Coral Springs Museum of Art. You can also enjoy outdoor activities like hiking, biking, and kayaking at the many parks and nature reserves in the area. If you're looking for something more low-key, you can check out the Florida Panthers IceDen for some ice skating or visit the Coral Springs Aquatic Center for a swim.

What is the food scene like in Coral Springs? +

The food scene in Coral Springs is diverse and vibrant, with a range of restaurants serving everything from Italian and Asian cuisine to seafood and steak. Some popular restaurants in the area include Runyon's, Eddie & Vinny's Coastal Italian, and Incontro Italian Cuisine And Steakhouse. There are also plenty of great food trucks and casual eateries to choose from, so you're sure to find something that suits your taste and budget.

What are the pros and cons of living in Coral Springs? +

The pros of living in Coral Springs include its good schools, low crime rate, and convenient access to shopping and dining. The city also has a strong sense of community, with many parks and recreational facilities to enjoy. However, some cons of living in Coral Springs include the traffic and congestion on the roads, particularly during rush hour. Additionally, the city can be quite crowded and noisy, especially in the more populated areas.

Is Coral Springs a good place to live? +

Overall, Coral Springs is a great place to live, with its good schools, low crime rate, and convenient access to shopping and dining. The city also has a strong sense of community and a range of outdoor recreational activities to enjoy. However, it's worth considering the potential downsides, such as traffic and congestion, before making a decision. Ultimately, whether or not Coral Springs is a good place to live will depend on your individual preferences and priorities.

Coral Springs, 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 Coral Springs FL Properties: 1.4200%

📊 Average Income For Coral Springs FL Commercial Property: $64,753

Investor Questions For Coral Springs FL

Coral Springs FL Real Estate & City Facts

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