Pahokee, FL Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Pahokee, Florida Market population: 6K. 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 Pahokee FL Properties: 1.3400%

📊 Average Income For Pahokee FL Commercial Property: $27,353

Investor Questions For Pahokee FL

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

What's the overall investment potential of Pahokee, FL, considering its demographic and economic factors? +

Pahokee's 33.0% poverty rate and $27,353 median household income suggest a challenging market, but the 80.1% health insurance coverage and 26.4-minute average commute time indicate some stability, with the top industries in Professional, Scientific, & Management, and Retail Trade potentially driving demand.

How does the city's ethnic diversity and foreign-born population impact the real estate market? +

The diverse population, with 38.7% Black, 23.3% Hispanic, and 20.2% White residents, and a 23.1% foreign-born rate, may attract investors looking for a multicultural community, while the median property value of $113,500 and median property taxes of $1,133 could influence rental yields and property appreciation.

What are the implications of Pahokee's commute patterns and transportation infrastructure for real estate investors? +

The 26.4-minute average commute time and top commute methods of driving alone, carpooling, and using public transit suggest that the city's infrastructure supports a relatively convenient commute, which, combined with the 55.5% homeownership rate, could make it an attractive location for renters and investors alike.

How do the city's poverty rate, health insurance coverage, and top industries interact to affect tenant quality and market stability? +

The 33.0% poverty rate combined with 80.1% health insurance coverage suggests a working-class market with some employment stability, and the presence of top industries like Educational Services and Health Care & Social Assistance may drive demand for housing, potentially offsetting the challenges posed by the poverty rate.

What role do the GINI coefficient and income inequality play in assessing the real estate investment potential of Pahokee, FL? +

The GINI coefficient of 0.465 indicates moderate income inequality, which, considered alongside the $27,353 median household income and 33.0% poverty rate, may suggest a market with limited upside potential, but the 55.5% homeownership rate and median property value of $113,500 could still offer opportunities for investors looking for relatively affordable properties with potential for appreciation.

Pahokee FL Real Estate & City Facts

Key facts and real estate information about Pahokee FL.

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

Pahokee has a few neighborhoods that are considered good to live in, such as the area around Lake Okeechobee and the downtown area. However, it's worth noting that some areas of Pahokee have higher crime rates and poverty levels. According to NeighborhoodScout, the neighborhood with the lowest income is around 24.8% of the children living below the poverty line. It's always a good idea to research and visit different neighborhoods before making a decision.

What are some fun things to do in Pahokee? +

There are a few things to do in Pahokee, such as visiting the St. Mary Catholic Church, taking a stroll along Lake Okeechobee, or visiting the Pahokee Main Street. You can also find some good restaurants in the area, such as Poppa Jimmy's Catfish & More or Town Center Cafe. If you're looking for outdoor activities, the Lake Okeechobee Scenic Trail is a great option for hiking or biking.

What is the food scene like in Pahokee? +

The food scene in Pahokee is limited, but there are a few good restaurants in the area. Some popular options include Poppa Jimmy's Catfish & More, Town Center Cafe, and Super Tacos. There are also plenty of great food trucks and casual eateries to grab a bite to eat. If you're looking for a specific type of cuisine, you may need to drive to a nearby city.

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

The pros of living in Pahokee include its small-town charm, outdoor recreational opportunities, and affordable housing. However, the cons include higher crime rates, poverty levels, and limited job opportunities. The town also has a relatively low median household income and a high poverty rate. It's essential to weigh these factors when deciding whether Pahokee is the right place for you to live.

Is Pahokee a good place to live? +

Whether Pahokee is a good place to live depends on your individual preferences and priorities. If you value a small-town atmosphere, outdoor activities, and affordable housing, Pahokee might be a good fit. However, if you're looking for a more urban lifestyle, better job opportunities, or a more diverse community, you might want to consider other options. It's crucial to research and visit Pahokee before making a decision to ensure it's the right place for you.

Pahokee, 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 Pahokee FL Properties: 1.3400%

📊 Average Income For Pahokee FL Commercial Property: $27,353

Investor Questions For Pahokee FL

Pahokee FL Real Estate & City Facts

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