Crestview, FL Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Crestview, Florida Market population: 22K. 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 Crestview FL Properties: 0.8000%

📊 Average Income For Crestview FL Commercial Property: $49,124

Investor Questions For Crestview FL

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

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

Crestview's median household income of $49,124, combined with a relatively high poverty rate of 14.1%, suggests a mixed market with opportunities for affordable housing investments. The city's diverse economy, led by manufacturing, wholesale trade, and health care industries, supports a stable employment market, while its 90.6% health insurance coverage rate indicates a relatively stable and secure tenant base.

How does the city's ethnic diversity and industry mix impact the demand for real estate investments? +

The top ethnicities in Crestview, including White, White Non-Hispanic, and Black populations, contribute to a diverse community with varied housing needs. The presence of major industries like manufacturing, wholesale trade, and educational services drives demand for housing, particularly for workers in these sectors, making it an attractive market for investors looking to capitalize on rental yields.

What are the implications of Crestview's commute times and transportation methods for real estate investors? +

The average commute time of 27.5 minutes in Crestview, with a majority of residents driving alone or carpooling, indicates a relatively convenient and accessible location. This, combined with a high health insurance coverage rate of 90.6%, suggests a stable and attractive market for investors, as residents are likely to prioritize convenient and affordable housing options.

How do the poverty rate and health insurance coverage in Crestview affect the quality of tenants and investment potential? +

The 14.1% poverty rate in Crestview, although relatively high, is mitigated by the city's 90.6% health insurance coverage rate, which suggests a working-class population with access to employment opportunities and social services. This combination indicates a potential for stable, long-term tenants, making it an attractive market for investors seeking reliable rental income.

What role do the city's homeownership rate and property values play in determining its investment potential? +

Crestview's homeownership rate of 57.8% and median property value of $158,600 indicate a relatively balanced market with opportunities for both rental and owner-occupied investments. The city's diverse economy and stable employment market, supported by its major industries, contribute to a positive outlook for property appreciation and rental yields, making it an attractive destination for real estate investors.

Crestview FL Real Estate & City Facts

Key facts and real estate information about Crestview FL.

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

Some of the best neighborhoods to live in Crestview include Sandy Ridge, Countryview Estates, and Willow Creek Plantation. The Sioux Circle area and the John King area are also popular choices. However, it's worth noting that the best neighborhood for you will depend on your individual preferences and priorities.

What are some fun things to do in Crestview? +

There are plenty of fun things to do in Crestview, including visiting the Emerald Coast Zoo, exploring the Twin Hills Park, and checking out the Carver-Hill Museum. You can also visit the Garden City Park, Robert L. F. Sikes Cemetery, and the Baker Block Museum. If you're looking for something more adventurous, you can try canoeing on Coldwater Creek or zip lining with Adventures Unlimited.

What is the food scene like in Crestview? +

The food scene in Crestview is diverse and delicious, with a range of options to suit every taste and budget. Some popular restaurants include The Wild Olive, Bamboo Sushi Bar, and Hub City Smokehouse & Grill. You can also find fresh seafood at Emerald Isle Seafood Restaurant & Market, and enjoy some fine dining at Samuel's Roadhouse or Stick & Rudder.

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

The pros of living in Crestview include its small-town charm, outdoor recreational opportunities, and affordable cost of living. However, some cons include the limited job market, traffic congestion, and summer heat. Additionally, some areas of Crestview may have higher crime rates or older homes, so it's essential to research and visit different neighborhoods before making a decision.

Is Crestview a good place to live? +

Whether Crestview is a good place to live depends on your individual priorities and preferences. If you value a close-knit community, outdoor activities, and a relaxed pace of life, Crestview may be an excellent choice. However, if you're looking for a more urban lifestyle, a wider range of job opportunities, or a more diverse cultural scene, you may want to consider other options. Ultimately, it's crucial to weigh the pros and cons and visit Crestview in person to determine if it's the right fit for you.

Crestview, 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 Crestview FL Properties: 0.8000%

📊 Average Income For Crestview FL Commercial Property: $49,124

Investor Questions For Crestview FL

Crestview FL Real Estate & City Facts

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