Ormond-by-the-Sea, FL Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Ormond-by-the-Sea, Florida Market population: 8K. 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 Ormond-by-the-Sea FL Properties: 0.8800%

📊 Average Income For Ormond-by-the-Sea FL Commercial Property: $44,943

Investor Questions For Ormond-by-the-Sea FL

Common questions from investors exploring commercial real estate in Ormond-by-the-Sea FL.

What's the overall investment potential of Ormond-by-the-Sea, FL? +

With a median household income of $44,943 and a relatively low poverty rate of 10.8%, Ormond-by-the-Sea presents a stable investment market, further strengthened by its high health insurance coverage rate of 92.1% and a short average commute time of 26.4 minutes, indicating a reliable and healthy workforce.

How does the local economy impact real estate investment in Ormond-by-the-Sea? +

The top industries in Ormond-by-the-Sea, such as Health Care & Social Assistance, Retail Trade, and Accommodation & Food Services, contribute to a diverse economy, while the high employment rate and low unemployment rate of 3.8% suggest a strong demand for housing, supported by the fact that 83.2% of the population are homeowners and the median property value is $193,400.

What role does ethnic diversity play in the investment landscape of Ormond-by-the-Sea? +

Although Ormond-by-the-Sea has a predominantly White population at 93.4%, the presence of other ethnicities like Hispanic at 2.3% contributes to a multicultural environment, which can attract a diverse range of residents and potentially boost the local economy, especially when combined with the town's low poverty rate and high health insurance coverage.

How do quality of life metrics influence the attractiveness of Ormond-by-the-Sea as an investment destination? +

The average commute time of 26.4 minutes and the high rate of health insurance coverage at 92.1% are indicative of a good quality of life, which can make Ormond-by-the-Sea more appealing to potential residents, thereby supporting the demand for real estate and potentially stabilizing property values over time, especially given the town's median property taxes are $2,300.

What are the implications of the town's demographic and economic characteristics for rental yields and property appreciation? +

Given the median age of 59.4 and the median household income of $44,943, Ormond-by-the-Sea may attract retirees or families looking for a stable community, which could lead to a steady demand for rentals and potentially stable property appreciation, considering the town's low poverty rate, diverse economy, and high homeownership rate of 83.2%.

Ormond-by-the-Sea FL Real Estate & City Facts

Key facts and real estate information about Ormond-by-the-Sea FL.

What are some of the best neighborhoods to live in Ormond-by-the-Sea? +

Some of the best neighborhoods to live in Ormond-by-the-Sea include Ormond-by-the-Sea, Breakaway Trails, and Downtown Ormond Beach. These neighborhoods offer a range of housing options, from beachfront condos to single-family homes, and are close to local amenities and attractions.

What are some fun things to do in Ormond-by-the-Sea? +

There are plenty of fun things to do in Ormond-by-the-Sea, including visiting the beach, going for a hike at the Ormond Scenic Loop & Trail, and exploring the local shops and restaurants on Main Street. You can also check out the Ormond Beach Performing Arts Center and the Ormond Memorial Art Museum for some cultural activities.

What is the food scene like in Ormond-by-the-Sea? +

The food scene in Ormond-by-the-Sea is vibrant and diverse, with a range of restaurants serving up fresh seafood, American classics, and international cuisine. Some popular spots include Riptides Raw Bar and Grill, Joe's Crab Shack, and Ocean Deck Restaurant & Beach Bar. 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 Ormond-by-the-Sea? +

The pros of living in Ormond-by-the-Sea include its beautiful beaches, outdoor recreational opportunities, and small-town charm. However, some cons include the potential for hurricane damage, traffic congestion during peak season, and limited job opportunities in certain industries. Overall, Ormond-by-the-Sea is a great place to live for those who value a relaxed, coastal lifestyle.

Is Ormond-by-the-Sea a good place to live? +

Yes, Ormond-by-the-Sea is a good place to live for those who enjoy a relaxed, coastal lifestyle. The town offers a range of amenities, including beautiful beaches, outdoor recreational opportunities, and a vibrant food scene. While there are some potential drawbacks to consider, such as hurricane damage and limited job opportunities, many residents find the benefits of living in Ormond-by-the-Sea to be well worth it.

Ormond-by-the-Sea, 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 Ormond-by-the-Sea FL Properties: 0.8800%

📊 Average Income For Ormond-by-the-Sea FL Commercial Property: $44,943

Investor Questions For Ormond-by-the-Sea FL

Ormond-by-the-Sea FL Real Estate & City Facts

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