Immokalee, FL Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Immokalee, Florida Market population: 23K. 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 Immokalee FL Properties: 1.0500%

📊 Average Income For Immokalee FL Commercial Property: $26,399

Investor Questions For Immokalee FL

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

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

The city's median household income of $26,399, combined with a poverty rate of 35.9% and a health insurance coverage of 58.4%, suggests a challenging but potentially stable market for investors, particularly those targeting the working-class demographic. The top industries, including Public Administration and Wholesale Trade, indicate a diverse economic base, while the Hispanic, White, and Black ethnic diversity may drive demand for housing. However, the 31.6-minute average commute time and reliance on driving alone may impact quality of life and rental yields.

How does the local economy and employment landscape impact real estate investment in Immokalee, FL? +

The employed population of 8,220 and top industries like Public Administration and Finance & Insurance suggest a stable employment market, which can support rental income and property appreciation. However, the GINI coefficient of 0.44 indicates moderate income inequality, and the poverty rate of 35.9% may affect tenant quality and payment reliability. Investors should consider these factors when assessing potential returns on investment.

What are the key factors influencing the housing market and property values in Immokalee, FL? +

The median property value of $73,600 and median property taxes of $1,987 indicate an affordable housing market, but the homeownership rate of 39.1% suggests a significant rental population. The average commute time of 31.6 minutes and top commute methods, including driving alone and carpooling, may impact property values and rental yields. Additionally, the health insurance coverage of 58.4% and poverty rate of 35.9% can influence tenant stability and payment reliability.

How does the ethnic diversity and demographic profile of Immokalee, FL impact market demand and investment potential? +

The city's ethnic diversity, with a mix of Hispanic, White, and Black populations, can drive demand for housing and support a stable rental market. The median age of 25.0 and foreign-born population may also contribute to a dynamic and growing community. However, investors should consider the poverty rate of 35.9% and health insurance coverage of 58.4% when assessing potential returns on investment and tenant quality.

What are the implications of the commute time, health insurance coverage, and other quality-of-life metrics for real estate investors in Immokalee, FL? +

The average commute time of 31.6 minutes and reliance on driving alone may impact quality of life and rental yields, while the health insurance coverage of 58.4% suggests a moderate level of employment stability and access to healthcare. Investors should consider these factors, along with the poverty rate of 35.9% and top industries, when evaluating the overall investment potential and potential returns on investment in Immokalee, FL.

Immokalee FL Real Estate & City Facts

Key facts and real estate information about Immokalee FL.

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

Some of the best neighborhoods to live in Immokalee include the south parts of the city, Immokalee Dr, and Lake Trafford. These areas tend to be more desired and have a range of home prices. Additionally, the northeast regions of the city have more affordable homes. It's worth noting that the best neighborhood for you will depend on your personal preferences and priorities.

What are some fun things to do in Immokalee? +

There are plenty of fun things to do in Immokalee, including visiting Lake Trafford, exploring the CREW Marsh Trails, and checking out the Ten Thousand Islands National Wildlife Refuge. You can also bike or camp at the Pepper Ranch Preserve, or visit the Seminole Casino Immokalee. Downtown Immokalee has a charming atmosphere with authentic Mexican restaurants and local shops, as well as the First Street Zocalo park.

What is the food scene like in Immokalee? +

The food scene in Immokalee is diverse and delicious, with a range of restaurants serving Mexican, seafood, and other cuisines. Some popular spots include Mi Ranchito, EE-TO-LEE-KEE Grill, and 1st Street Deli. You can also find fresh seafood at Snook Inn Seafood Restaurant, or try some modern Asian cuisine at Blackbird Modern Asian. There are also plenty of great food trucks and local eateries to explore.

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

The pros of living in Immokalee include its natural beauty, with plenty of outdoor spaces to explore, and a diverse community with a range of cultural events and activities. However, the city also faces challenges such as a high poverty rate and limited job opportunities. Additionally, some areas of the city may have higher crime rates or less access to amenities. Overall, the pros and cons of living in Immokalee will depend on your individual circumstances and priorities.

Is Immokalee a good place to live? +

Whether or not Immokalee is a good place to live depends on your individual needs and preferences. The city has a lot to offer, including its natural beauty, cultural events, and diverse community. However, it also faces challenges such as poverty and limited job opportunities. If you're looking for an affordable place to live with a strong sense of community, Immokalee may be a good fit. However, if you're prioritizing job opportunities or a more urban lifestyle, you may want to consider other options.

Immokalee, 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 Immokalee FL Properties: 1.0500%

📊 Average Income For Immokalee FL Commercial Property: $26,399

Investor Questions For Immokalee FL

Immokalee FL Real Estate & City Facts

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