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Elfers, FL Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Elfers, Florida Market population: 14K. Browse multifamily, office, retail, industrial, and mixed-use investment opportunities....

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⭐ Featured

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

📊 Avg Property Tax Rate For Elfers FL Properties: 0.8700%

📊 Average Income For Elfers FL Commercial Property: $32,743

Investor Questions For Elfers FL

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

What's the overall investment outlook for Elfers, FL, considering its demographic and economic factors? +
The 17.2% poverty rate combined with a 79.6% health insurance coverage suggests a relatively stable workforce, while the $32,743 median household income and 66.0% homeownership rate indicate a potential for steady rental demand, particularly with top industries like Finance & Insurance and Construction driving local employment.
How does the ethnic diversity and commute time in Elfers impact the real estate market? +
The city's diverse population, with 45.8% White, 40.4% White Non-Hispanic, and 7.9% Hispanic, contributes to a vibrant community, and with an average commute time of 27.9 minutes, primarily driven by those who 'Drove Alone' or 'Worked At Home', it suggests a manageable and potentially attractive quality of life for residents and thus, a stable market for investors.
What role does income inequality and employment play in assessing Elfers as an investment opportunity? +
The GINI coefficient of 0.363 indicates a moderate level of income inequality, but with 4,716 employed individuals and top industries in Finance & Insurance and Public Administration, it points to a relatively stable employment market, which, combined with a median property value of $74,300, presents an opportunity for investors to capitalize on affordable housing options.
How do health insurance coverage and poverty rates influence the quality of tenants in Elfers? +
The 79.6% health insurance coverage, despite a 17.2% poverty rate, suggests that many residents have access to employment benefits or can afford health insurance, indicating a potentially more reliable tenant base, which is crucial for maintaining consistent rental income and lower vacancy rates.
What insights can be gleaned from the homeownership rate and median property taxes in Elfers for real estate investment? +
A 66.0% homeownership rate and median property taxes of $3,956 indicate a significant portion of the population is invested in their community, which can lead to better property maintenance and community engagement, making it an attractive aspect for investors looking to minimize risks and capitalize on a stable, long-term appreciation of property values.

Elfers FL Real Estate & City Facts

Key facts and real estate information about Elfers FL.

What are some of the best neighborhoods to live in Elfers? +
Some of the best neighborhoods to live in Elfers, FL include the southwest parts of the city, which tend to be more desired, while more affordable homes can be found in the northwest regions. According to niche.com, Elfers has some of the lowest cost of living suburbs in Florida and is also one of the best suburbs to buy a house in Florida.
What are some fun things to do in Elfers? +
There are plenty of fun things to do in Elfers, FL. You can visit the Tarpon Springs Sponge Docks, Fred Howard Park, Sims Park, Anclote River Park, or Clearwater Beach. If you're looking for something more exciting, you can check out the Chasco Fiesta Street Parade or catch a concert at one of the local venues. Additionally, there are plenty of great restaurants and bars in the area, such as Leña Churrascaria Steakhouse, The Fish Guy, and Seafire Grill.
What is the food scene like in Elfers? +
The food scene in Elfers, FL is diverse and exciting. You can find a variety of cuisines, including American comfort food at Grandma Sally's, fresh Italian pasta at Pasta di Guy, and Mexican food at Las Perlas Mexican Restaurant. There are also plenty of great seafood restaurants, such as The Fish Guy and Seafire Grill. If you're looking for something unique, you can try Leña Churrascaria Steakhouse, which serves Brazilian-style steak.
What are the pros and cons of living in Elfers? +
The pros of living in Elfers, FL include its low cost of living, affordable housing, and easy access to several cities. The area also has a lot to offer in terms of outdoor activities, such as parks and beaches. However, some cons of living in Elfers include the limited job opportunities and lower paying jobs. According to Data USA, the median household income in Elfers is $32,743, and the poverty rate is 17.2%. Overall, Elfers can be a great place to live for those who value affordability and a relaxed atmosphere.
Is Elfers a good place to live? +
Whether or not Elfers is a good place to live depends on your individual preferences and priorities. If you're looking for an affordable place to live with a relaxed atmosphere and easy access to outdoor activities, Elfers may be a great choice. However, if you're looking for a place with more job opportunities and higher paying jobs, you may want to consider other options. Overall, Elfers has a lot to offer, and it's worth considering if you're looking for a affordable and laid-back place to call home.
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