DeBary, FL Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in DeBary, Florida Market population: 19K. Compare commercial properties across all major asset classes with...

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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 DeBary FL Properties: 0.7900%

📊 Average Income For DeBary FL Commercial Property: $54,606

Investor Questions For DeBary FL

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

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

DeBary, FL, with a median household income of $54,606 and a relatively low poverty rate of 7.9%, presents a stable investment market. The city's diverse economy, led by industries such as Wholesale Trade, Information, and Manufacturing, supports a strong employment base, which is further reinforced by its high health insurance coverage rate of 89.4%.

How does the ethnic diversity and commute time in DeBary impact the demand for rental properties? +

The ethnic diversity in DeBary, with top ethnicities including White, White Non-Hispanic, and Hispanic, contributes to a vibrant community. Combined with an average commute time of 31.1 minutes and a preference for driving alone, the demand for conveniently located rental properties is likely to be strong, especially among the employed population of 8,060.

What insights can be gleaned from the city's homeownership rate and median property value for real estate investors? +

DeBary's high homeownership rate of 85.0% and median property value of $157,900 indicate a stable and potentially appreciating housing market. This, coupled with a median property tax of $6,701, suggests that investors may find opportunities in both rental income and long-term property appreciation, particularly in a market with a relatively low poverty rate and high employment.

How does the health insurance coverage and commute method impact the quality of life for residents and, by extension, the attractiveness of DeBary to investors? +

The high health insurance coverage rate of 89.4% in DeBary suggests a population with access to healthcare, contributing to a better quality of life. When combined with the average commute time of 31.1 minutes and the prevalence of driving alone, it indicates that residents value convenience and accessibility, making well-located properties attractive to both renters and buyers, thus supporting investment potential.

What role do the GINI coefficient and foreign-born rate play in assessing the investment stability of DeBary, FL? +

DeBary's GINI coefficient of 0.362, which measures income inequality, and its foreign-born rate of 6.4%, provide insights into the city's economic and demographic stability. A moderate GINI coefficient suggests a relatively balanced income distribution, while the foreign-born rate indicates a degree of diversity. These factors, along with the city's top industries and high employment rate, contribute to a stable investment environment, making DeBary an attractive location for real estate investment.

DeBary FL Real Estate & City Facts

Key facts and real estate information about DeBary FL.

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

Some of the best neighborhoods to live in DeBary include Rivington, DeBary Golf & Country Club Community, and the central parts of the city. These areas offer a mix of affordability, recreation, and reasonable drive times to nearby cities like Sanford and Deland.

What are some fun things to do in DeBary? +

DeBary has a variety of attractions and activities to enjoy, including Gemini Springs Park, Lake Monroe Park, and the DeBary Hall Historic Site. You can also take a stroll along the lakeside or visit the nearby Central Florida Zoo and Botanical Gardens.

What is the food scene like in DeBary? +

DeBary's food scene offers a range of options, from casual eateries like The Salted Goat and La Strega Bistro to more upscale restaurants like FishBones and F&D Prime Modern Steakhouse. There are also plenty of great food trucks and local favorites to try.

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

The pros of living in DeBary include its natural beauty, with plenty of parks and lakes to enjoy, as well as its convenient location near major highways and cities. However, some cons include the potential for traffic and noise from nearby roads, as well as limited job opportunities in certain industries. Overall, DeBary is a great choice for those who value a relaxed, small-town atmosphere and easy access to outdoor recreation.

Is DeBary a good place to live? +

DeBary is a great place to live for those who value a quiet, small-town atmosphere and easy access to outdoor recreation. With its natural beauty, convenient location, and range of amenities, DeBary is an excellent choice for families, retirees, and anyone looking for a relaxed pace of life. However, it's worth considering the potential drawbacks, such as limited job opportunities and traffic noise, before making a decision.

DeBary, 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 DeBary FL Properties: 0.7900%

📊 Average Income For DeBary FL Commercial Property: $54,606

Investor Questions For DeBary FL

DeBary FL Real Estate & City Facts

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