Davie, FL High Income Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Davie, Florida Market population: 94K. Browse multifamily, office, retail, industrial, and mixed-use investment opportunities....

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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 Davie FL Properties: 1.3000%

📊 Average Income For Davie FL Commercial Property: $59,345

Investor Questions For Davie FL

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

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

Davie, FL, with a population of 93,842 and a median age of 37.9, presents a stable investment market, given its median household income of $59,345 and a relatively low poverty rate of 12.1%, which is further bolstered by an employed population of 47,296 and a high health insurance coverage rate of 86.2%.

How does the ethnic diversity and industry landscape of Davie influence its real estate market? +

The ethnic diversity of Davie, with top ethnicities including White (38.5%), White Non-Hispanic (24.7%), and Hispanic (20.6%), alongside its top industries such as Public Administration, Finance & Insurance, and Real Estate & Rental & Leasing, suggests a robust and diverse market demand, which can be attractive for real estate investors looking for stable rental yields and property appreciation.

What insights can be gleaned from the commute times and health insurance coverage rates for assessing market stability in Davie? +

The average commute time of 26.6 minutes, combined with the top commute methods being drove alone, worked at home, and carpooled, indicates a well-connected city with flexible work arrangements, which is complemented by a high health insurance coverage rate of 86.2%, suggesting a stable and healthy workforce that can support a strong rental market and contribute to the overall stability of real estate investments.

How do the poverty rate and income inequality in Davie impact the quality of tenants and the overall investment risk? +

The poverty rate of 12.1% and a GINI coefficient of 0.477 in Davie suggest a working-class market with some level of income inequality, but the high health insurance coverage rate of 86.2% and a significant employed population of 47,296 mitigate some of the risks associated with tenant quality, indicating a manageable investment risk for those targeting the rental market.

What role do the median property value and homeownership rate play in determining the attractiveness of Davie's real estate market for investors? +

With a median property value of $203,900 and a homeownership rate of 68.6%, Davie presents a balanced market that offers opportunities for both rental income and property appreciation, making it an attractive location for real estate investors who are looking to diversify their portfolios and capitalize on the city's growing demand for housing, driven by its diverse industries and relatively stable economic conditions.

Davie FL Real Estate & City Facts

Key facts and real estate information about Davie FL.

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

Some of the best neighborhoods to live in Davie include Long Lake Ranches, Forest Ridge, Shenandoah, Pine Island Ridge, and Oak Hill. These neighborhoods offer a range of housing options, from luxury estates to more affordable homes, and are known for their natural beauty, community amenities, and convenient locations.

What are some fun things to do in Davie? +

Davie has a variety of fun things to do, including visiting the Old Davie School Historical Museum, exploring the Town Park, and taking a tour of the Flamingo Gardens. You can also spend time outdoors at Tree Tops Park, go on a walking tour, or visit the Seminole Hard Rock Casino. Additionally, the city hosts various events and festivals throughout the year, such as the Davie Festival and the Bergeron Rodeo.

What is the food scene like in Davie? +

The food scene in Davie is diverse and offers a range of options, from fine dining to casual eateries. Some popular restaurants in Davie include Palace Indian Restaurant, Francisca Charcoal Chicken & Meats, Buca di Beppo Italian Restaurant, and Fat Stork. You can also find unique South Florida creations, such as The Elvis Sandwich, at some of the local diners. There are also plenty of great food trucks and cafes to explore.

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

The pros of living in Davie include its natural beauty, with many parks and outdoor spaces, a range of housing options, and a convenient location near major highways and cities. However, some cons include traffic and congestion, especially during rush hour, and a limited public transportation system. Additionally, some areas of the city can be prone to flooding during heavy rainfall. Overall, Davie is a great place to live for those who value a suburban lifestyle with easy access to urban amenities.

Is Davie a good place to live? +

Davie is a great place to live for many people, offering a unique blend of natural beauty, community amenities, and convenient location. While it may have some drawbacks, such as traffic and limited public transportation, the city's pros outweigh its cons for many residents. With its diverse range of housing options, outdoor recreational opportunities, and vibrant food scene, Davie is an excellent choice for those looking for a suburban lifestyle with easy access to urban amenities.

Davie, 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 Davie FL Properties: 1.3000%

📊 Average Income For Davie FL Commercial Property: $59,345

Investor Questions For Davie FL

Davie FL Real Estate & City Facts

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