Fruitville, FL Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Fruitville, Florida Market population: 14K. 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 Fruitville FL Properties: 1.2717%

📊 Average Income For Fruitville FL Commercial Property: $53,855

Investor Questions For Fruitville FL

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

What's the overall investment outlook for Fruitville, FL, considering its demographics and economy? +

Fruitville's median household income of $53,855, combined with a relatively low poverty rate of 7.2% and a high health insurance coverage rate of 87.1%, suggests a stable market with a strong potential for rental income. The area's diverse economy, led by industries like Information, Finance & Insurance, and Construction, further supports its investment outlook.

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

The city's ethnic diversity, with a mix of White, White Non-Hispanic, and Hispanic populations, contributes to a vibrant community that can attract a wide range of tenants. Additionally, the average commute time of 18.9 minutes, which is relatively short, and the prevalence of driving alone or working from home, indicates a convenient location that can appeal to professionals and families alike.

What are the implications of Fruitville's income inequality and foreign-born rate for real estate investors? +

The GINI coefficient of 0.404, which measures income inequality, suggests that while there is some disparity, it's not excessively high, which can be a positive for investors looking for a relatively stable market. Furthermore, the foreign-born rate of 14.1% indicates a degree of cultural diversity, which can contribute to a dynamic local economy and potentially higher demand for housing.

How do the median property value and property taxes in Fruitville compare to other investment considerations? +

With a median property value of $186,700 and median property taxes of $3,795, Fruitville offers a relatively affordable investment opportunity compared to other markets. When combined with the city's low poverty rate, high health insurance coverage, and short average commute time, these factors suggest a favorable environment for real estate investment, with a balance of affordability and potential for appreciation.

What role do the top industries and employment rate play in assessing the viability of real estate investments in Fruitville? +

The top industries in Fruitville, including Information, Finance & Insurance, and Construction, indicate a diversified economy that can support a stable demand for housing. The employed population of 6,670 and the relatively low poverty rate of 7.2% further suggest a strong workforce, which is crucial for maintaining a healthy rental market and ensuring the viability of real estate investments in the area.

Fruitville FL Real Estate & City Facts

Key facts and real estate information about Fruitville FL.

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

Some of the best neighborhoods to live in Fruitville include the northwest parts of the city, which tend to be more desirable, and the west regions, which offer more affordable homes. Neighborhoods like Lakewood Ranch and Bayshore Gardens are also popular options, with good schools and a range of activities available.

What are some fun things to do in Fruitville? +

There are plenty of fun things to do in Fruitville, including visiting the Red Bug Slough Preserve, which offers over 70 acres of preserved woodlands and natural attractions. You can also check out the Fruitville Grove, which hosts a market with fresh produce, Amish-made goods, and other local products. Additionally, there are several great restaurants and mini golf courses in the area, such as The Fish Hole and the Sarasota Toy Museum.

What is the food scene like in Fruitville? +

The food scene in Fruitville is diverse and exciting, with a range of great restaurants to choose from. Some popular options include Buttermilk Handcrafted Food, Kacey's Seafood, and Fork & Hen, which offer a variety of cuisines, including American, Italian, and Indian. There are also plenty of great food trucks and markets in the area, such as the one at Fruitville Grove, which offer fresh produce and local products.

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

The pros of living in Fruitville include its balance of suburban tranquility and urban convenience, with plenty of great restaurants, shops, and activities to choose from. The city also has a range of good schools and a relatively low crime rate. However, some cons of living in Fruitville include the potential for traffic and congestion, particularly during peak season, and the fact that some areas of the city may be more prone to flooding. Overall, Fruitville is a great option for those looking for a relaxed, small-town feel with plenty of amenities and activities available.

Is Fruitville a good place to live? +

Yes, Fruitville is a good place to live, offering a unique blend of suburban tranquility and urban convenience. The city has a range of great neighborhoods, restaurants, and activities to choose from, and is generally considered to be a safe and welcoming community. While there may be some drawbacks to living in Fruitville, such as traffic and congestion, the city's many advantages make it a great option for those looking for a relaxed, small-town feel with plenty of amenities and activities available.

Fruitville, 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 Fruitville FL Properties: 1.2717%

📊 Average Income For Fruitville FL Commercial Property: $53,855

Investor Questions For Fruitville FL

Fruitville FL Real Estate & City Facts

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