Coconut Creek, FL High Income Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Coconut Creek, Florida Market population: 54K. Compare commercial properties across all major asset classes...

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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 Coconut Creek FL Properties: 10.5000%

📊 Average Income For Coconut Creek FL Commercial Property: $53,543

Investor Questions For Coconut Creek FL

Common questions from investors exploring commercial real estate in Coconut Creek FL.

What is the overall investment potential of Coconut Creek, FL? +

The city's median household income of $53,543, combined with a relatively low poverty rate of 9.1% and high health insurance coverage of 86.2%, suggests a stable market with a strong potential for rental income and property appreciation, particularly given the diverse economy with top industries in Information, Professional Services, and Finance & Insurance.

How does the demographic diversity of Coconut Creek impact its real estate market? +

The city's ethnic diversity, with a mix of White, White Non-Hispanic, and Hispanic populations, contributes to a vibrant and inclusive community, which can attract a wide range of tenants and buyers, while the foreign born rate of 24.5% indicates a potential for international investment and cultural exchange, supporting a dynamic local economy.

What are the key factors influencing the quality of life for residents and tenants in Coconut Creek? +

The average commute time of 25.5 minutes, with a significant portion of residents driving alone or working from home, indicates a convenient and flexible lifestyle, while the high health insurance coverage rate of 86.2% and relatively low poverty rate of 9.1% suggest a stable and secure environment, making it an attractive location for families and professionals.

How does the local economy and industry mix impact the real estate investment landscape in Coconut Creek? +

The presence of top industries such as Information, Professional Services, and Finance & Insurance, along with a median household income of $53,543, suggests a strong and diverse economy, which can support a range of real estate investment strategies, from rental properties to commercial developments, and the GINI coefficient of 0.401 indicates a relatively balanced income distribution, reducing the risk of economic instability.

What are the implications of Coconut Creek's housing market characteristics for real estate investors? +

The median property value of $137,000, combined with a median property tax of $14,535 and a homeownership rate of 65.2%, indicates a relatively affordable and stable housing market, with opportunities for both rental income and long-term appreciation, and the average commute time of 25.5 minutes and high health insurance coverage rate of 86.2% suggest a desirable quality of life, making it an attractive location for investors seeking a balanced risk-return profile.

Coconut Creek FL Real Estate & City Facts

Key facts and real estate information about Coconut Creek FL.

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

Some of the best neighborhoods to live in Coconut Creek include Wynmoor, Winston Park, Regency Lakes, San Mellina, Banyan Trails, Palm Beach Farms, and Victoria Isles. These neighborhoods offer a range of housing options and amenities, and are known for their beautiful landscaping and peaceful atmosphere.

What are some fun things to do in Coconut Creek? +

There are plenty of fun things to do in Coconut Creek, including visiting the Butterfly World, Fern Forest Nature Center, and Promenade At Coconut Creek. You can also explore the Vine Maze, Butterfly Museum and Insectarium, Live Bug Zoo, and Lorikeet Encounter. Additionally, the city hosts various events and festivals throughout the year, such as the Coconut Creek Fall Harvest Festival and the Florida Renaissance Festival.

What is the food scene like in Coconut Creek? +

The food scene in Coconut Creek is diverse and vibrant, with a range of restaurants serving different cuisines. Some popular restaurants include Ethos Greek Bistro, Cooper's Hawk Winery & Restaurant, and Santos Modern American Bistro. You can also find unique dining experiences, such as Elysium Immersive Dining and Revelry. Additionally, there are plenty of great food trucks and casual eateries to choose from.

What are the pros and cons of living in Coconut Creek? +

The pros of living in Coconut Creek include its beautiful neighborhoods, abundance of outdoor recreational activities, and vibrant food scene. 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 during peak season. Overall, Coconut Creek is a great place to live for those who value a relaxed, suburban lifestyle with plenty of amenities and activities to enjoy.

Is Coconut Creek a good place to live? +

Yes, Coconut Creek is a good place to live for many people. The city offers a unique blend of natural beauty, outdoor recreation, and urban amenities, making it an attractive option for those who want to escape the hustle and bustle of city life. While it may not be the best fit for everyone, Coconut Creek is a great choice for families, retirees, and individuals who value a relaxed, suburban lifestyle with plenty of opportunities for outdoor adventure and cultural exploration.

Coconut Creek, FL High Income 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 Coconut Creek FL Properties: 10.5000%

📊 Average Income For Coconut Creek FL Commercial Property: $53,543

Investor Questions For Coconut Creek FL

Coconut Creek FL Real Estate & City Facts

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