Cutler Bay, FL High Income Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Cutler Bay, Florida Market population: 44K. Browse multifamily, office, retail, industrial, and mixed-use investment...

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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 Cutler Bay FL Properties: 1.2600%

📊 Average Income For Cutler Bay FL Commercial Property: $73,295

Investor Questions For Cutler Bay FL

Common questions from investors exploring commercial real estate in Cutler Bay FL.

What makes Cutler Bay, FL an attractive market for real estate investment? +

The combination of a relatively low poverty rate of 8.3%, high health insurance coverage of 92.2%, and a strong median household income of $73,295 suggests a stable and attractive market for real estate investment, with a diverse population of White, Hispanic, and Black or African American residents.

How does the commute time and transportation infrastructure impact the quality of life for residents and potential renters in Cutler Bay? +

The average commute time of 34.4 minutes, with 83.1% of residents driving alone and 7.3% working from home, indicates a relatively manageable commute, while the high health insurance coverage rate of 92.2% and low poverty rate of 8.3% suggest a stable and healthy population.

What role do top industries like Health Care & Social Assistance, Retail Trade, and Accommodation & Food Services play in shaping the local economy and demand for housing? +

The presence of these top industries, combined with a foreign-born rate of 44.2% and a diverse population, suggests a strong and diverse local economy, with a high demand for housing, particularly in the rental market, driven by the employed population of 21,359 and a median property value of $283,400.

How does the ethnic diversity of Cutler Bay, with a mix of White, Hispanic, and Black or African American residents, impact the local real estate market? +

The ethnic diversity of Cutler Bay, with 41.1% White, 37.4% Hispanic, and 14.5% Black or African American residents, suggests a vibrant and inclusive community, with a strong potential for cultural and economic exchange, and a relatively high homeownership rate of 74.2%, indicating a stable and invested community.

What are the implications of the GINI coefficient of 0.443 and the poverty rate of 8.3% for real estate investors in Cutler Bay? +

The GINI coefficient of 0.443, indicating a moderate level of income inequality, combined with a relatively low poverty rate of 8.3% and a high health insurance coverage rate of 92.2%, suggests a relatively stable and equitable market, with opportunities for real estate investors to provide affordable and quality housing, particularly in the rental market, with a median property taxes of $3,964 and an average commute time of 34.4 minutes.

Cutler Bay FL Real Estate & City Facts

Key facts and real estate information about Cutler Bay FL.

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

Some of the best neighborhoods to live in Cutler Bay include Cutler Ridge, a peaceful and family-friendly area known for its lush trees and parks. Other desirable areas tend to be in the north parts of the city, while more affordable homes are in the southeast regions.

What are some fun things to do in Cutler Bay? +

There are plenty of fun things to do in Cutler Bay, such as taking a Miami Millionaires Sightseeing Cruise, exploring the Little Havana Food and Walking Tour in Miami, or visiting the Coral Castle. You can also enjoy outdoor activities like hiking at the Black Creek Canal Trail or visiting the Zoo Miami.

What is the food scene like in Cutler Bay? +

The food scene in Cutler Bay is diverse and exciting, with a range of restaurants serving different cuisines. Some popular options include Black Point Ocean Grill, Rico's Steak & Grill, and Moon Thai & Japanese. There are also plenty of great food trucks and casual eateries to try.

What are the pros and cons of living in Cutler Bay? +

The pros of living in Cutler Bay include its top-rated schools, diverse dining options, and array of recreational activities. However, some cons include the higher cost of living, with median property values and property taxes above the national average. Additionally, traffic and commute times can be a challenge in the area.

Is Cutler Bay a good place to live? +

Overall, Cutler Bay is a great place to live for those who value a strong sense of community, good schools, and plenty of outdoor activities. While it may have some drawbacks, such as a higher cost of living and traffic, the city's unique character and amenities make it an attractive option for many people.

Cutler Bay, 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 Cutler Bay FL Properties: 1.2600%

📊 Average Income For Cutler Bay FL Commercial Property: $73,295

Investor Questions For Cutler Bay FL

Cutler Bay FL Real Estate & City Facts

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