St. Augustine Beach, FL Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in St. Augustine Beach, Florida Market population: 6K. Explore income-producing properties with verified cap rates...

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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 St. Augustine Beach FL Properties: 1.1400%

📊 Average Income For St. Augustine Beach FL Commercial Property: $73,419

Investor Questions For St. Augustine Beach FL

Common questions from investors exploring commercial real estate in St. Augustine Beach FL.

What is the overall investment potential of St. Augustine Beach, FL? +

The combination of a relatively low poverty rate of 6.2%, high health insurance coverage of 92.1%, and a strong median household income of $73,419 suggests a stable and attractive market for real estate investment, with a diverse economy driven by top industries like Accommodation & Food Services, Retail Trade, and Health Care & Social Assistance.

How does the demographic makeup of St. Augustine Beach impact rental demand? +

The city's demographic, with a median age of 50.2 and a dominant White population of 93.4%, combined with a foreign-born rate of 5.4%, indicates a potentially stable rental market, while the top industries and a relatively low unemployment rate of 3.2% suggest a strong demand for rentals, particularly in the Accommodation & Food Services sector.

What are the key factors influencing property values in St. Augustine Beach? +

The median property value of $343,400, coupled with a median property tax of $2,433 and a high homeownership rate of 77.3%, suggests that property values are influenced by the city's desirable location, strong economy, and high quality of life, as evidenced by an average commute time of 24.9 minutes and a high health insurance coverage rate of 92.1%.

How does the commute time and transportation infrastructure impact the quality of life for residents and investors? +

The average commute time of 24.9 minutes, with 84.2% of residents driving alone and 8.5% working from home, indicates a relatively convenient and flexible transportation infrastructure, which, combined with a high health insurance rate of 92.1% and low poverty rate of 6.2%, contributes to a high quality of life and a stable investment environment.

What role does ethnic diversity and income inequality play in assessing market demand and stability? +

The city's ethnic diversity, with a mix of White, White Non-Hispanic, and Hispanic populations, and an income inequality GINI coefficient of 0.463, suggests a relatively balanced market, while the strong median household income of $73,419 and low poverty rate of 6.2% indicate a stable demand for housing, driven by the top industries of Accommodation & Food Services, Retail Trade, and Health Care & Social Assistance.

St. Augustine Beach FL Real Estate & City Facts

Key facts and real estate information about St. Augustine Beach FL.

What are some of the best neighborhoods to live in St. Augustine Beach? +

Some of the best neighborhoods to live in St. Augustine Beach include the downtown area, which offers a mix of historic homes and new construction, as well as the surrounding suburbs, which provide a more laid-back atmosphere. However, I was unable to find specific neighborhood names due to search limitations.

What are some fun things to do in St. Augustine Beach? +

There are plenty of fun things to do in St. Augustine Beach, including visiting the beach, trying water sports, and exploring the nearby historic downtown St. Augustine. You can also check out the St. Augustine Lighthouse and Maritime Museum, or take a stroll along the Matanzas Bay. Additionally, the city hosts various events and festivals throughout the year, such as the St. Augustine Music Festival and the Celtic Festival.

What is the food scene like in St. Augustine Beach? +

The food scene in St. Augustine Beach is vibrant and diverse, with a range of restaurants serving fresh seafood, traditional American cuisine, and international flavors. Some popular spots include The Reef Restaurant, Beachcomber St. Augustine, and Cap's on the Water, which offer stunning ocean views and delicious dishes. 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 St. Augustine Beach? +

The pros of living in St. Augustine Beach include its beautiful beaches, rich history, and vibrant cultural scene. However, some cons include the potential for crowds and traffic during peak tourist season, as well as the higher cost of living compared to other parts of the state. Additionally, the city's small size may limit job opportunities and career advancement possibilities.

Is St. Augustine Beach a good place to live? +

Overall, St. Augustine Beach can be a great place to live for those who value a relaxed, coastal lifestyle and are willing to tolerate the potential downsides of a tourist-driven economy. The city's unique blend of history, culture, and natural beauty makes it an attractive option for retirees, families, and individuals looking for a laid-back atmosphere. However, it's essential to weigh the pros and cons carefully and consider factors like job opportunities, affordability, and personal preferences before making a decision.

St. Augustine Beach, 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 St. Augustine Beach FL Properties: 1.1400%

📊 Average Income For St. Augustine Beach FL Commercial Property: $73,419

Investor Questions For St. Augustine Beach FL

St. Augustine Beach FL Real Estate & City Facts

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