Plantation, FL Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Plantation, Florida Market population: 87K. Compare commercial properties across all major asset classes with...

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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 Plantation FL Properties: 1.1500%

📊 Average Income For Plantation FL Commercial Property: $65,567

Investor Questions For Plantation FL

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

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

With a median household income of $65,567 and a relatively low poverty rate of 9.6%, Plantation, FL, presents a stable investment market. The city's diverse population, including a significant foreign-born rate of 34.1% and top ethnicities such as White, White Non-Hispanic, and Hispanic, contributes to a vibrant community. Additionally, the strong employment rate of 45,164 and top industries like Healthcare and Social Assistance, and Professional, Scientific, and Technical Services, indicate a solid foundation for rental demand.

How does the quality of life in Plantation, FL, impact its attractiveness to potential renters and investors? +

The average commute time of 25.0 minutes and the prevalence of drove alone, worked at home, and carpooled commute methods suggest a convenient and flexible lifestyle for residents. Furthermore, the high health insurance coverage rate of 87.3% and low uninsured rate of 12.7% imply a relatively healthy and stable population, making it an attractive location for renters and investors alike. The city's median property value of $243,500 and median property taxes of $2,832 also provide insight into the local real estate market.

What role does ethnic diversity play in shaping the demand for housing and rentals in Plantation, FL? +

The city's ethnic diversity, with top ethnicities including White, White Non-Hispanic, and Hispanic, contributes to a culturally rich and vibrant community. This diversity, combined with a foreign-born rate of 34.1%, can drive demand for housing and rentals, particularly in areas with amenities and services catering to these populations. The presence of top industries like Retail Trade and Healthcare and Social Assistance also supports the local economy and attracts a diverse range of residents.

How do the local economy and industry trends influence the real estate investment landscape in Plantation, FL? +

The city's top industries, including Healthcare and Social Assistance, Professional, Scientific, and Technical Services, and Finance and Insurance, indicate a strong and diverse economy. The employed population of 45,164 and median household income of $65,567 also suggest a stable and growing workforce, which can drive demand for housing and rentals. Additionally, the GINI coefficient of 0.438 implies a relatively balanced income distribution, contributing to a stable and attractive investment environment.

What are the key factors investors should consider when evaluating the potential for property appreciation and rental yields in Plantation, FL? +

Investors should consider the city's median property value of $243,500, median property taxes of $2,832, and homeownership rate of 64.3% when evaluating potential for property appreciation. The average commute time of 25.0 minutes, health insurance coverage rate of 87.3%, and top industries like Healthcare and Social Assistance also provide insight into the local quality of life and demand for rentals. Furthermore, the poverty rate of 9.6% and foreign-born rate of 34.1% can impact tenant quality and rental yields, making it essential to carefully assess these factors when making investment decisions.

Plantation FL Real Estate & City Facts

Key facts and real estate information about Plantation FL.

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

Some of the best neighborhoods to live in Plantation include Hawk's Landing, Plantation Acres, Plantation Isles, Plantation Park, and Jacaranda. These neighborhoods offer a range of housing options, from single-family homes to apartments, and are known for their safety, good schools, and community amenities.

What are some fun things to do in Plantation? +

There are plenty of fun things to do in Plantation, including visiting the Young At Art museum, exploring the Plantation Historical Museum, and enjoying the outdoors at Plantation Heritage Park or the Plantation Preserve Linear Trail. You can also try your luck at the Seminole Hard Rock Casino Hollywood or take a boat tour of the surrounding area.

What is the food scene like in Plantation? +

The food scene in Plantation is diverse and exciting, with a range of restaurants serving everything from Cuban cuisine at Padrino's to fresh seafood at the Rustic Inn Crabhouse. You can also find great burgers at Gilbert's 17th Street Grill or try some upscale dining at Louie Bossi's Ristorante Bar Pizzeria. There are also plenty of great food trucks and casual eateries to choose from.

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

The pros of living in Plantation include its safe and welcoming community, good schools, and plenty of outdoor recreational opportunities. However, some cons include the city's relatively high cost of living and traffic congestion. Additionally, some areas of the city can be quite crowded and noisy, especially near the major highways.

Is Plantation a good place to live? +

Overall, Plantation is a great place to live, offering a unique blend of small-town charm and big-city amenities. With its strong sense of community, good schools, and plenty of things to see and do, it's an attractive option for families, young professionals, and retirees alike. However, as with any city, there are some trade-offs to consider, such as the cost of living and traffic. Ultimately, whether Plantation is a good fit for you will depend on your individual priorities and preferences.

Plantation, 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 Plantation FL Properties: 1.1500%

📊 Average Income For Plantation FL Commercial Property: $65,567

Investor Questions For Plantation FL

Plantation FL Real Estate & City Facts

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