Fern Park, FL High Income Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Fern Park, Florida Market population: 8K. Compare commercial properties across all major asset classes...

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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 Fern Park FL Properties: 0.8100%

📊 Average Income For Fern Park FL Commercial Property: $52,798

Investor Questions For Fern Park FL

Common questions from investors exploring commercial real estate in Fern Park FL.

What is the overall investment potential of Fern Park, FL? +

Fern Park, FL offers a stable investment market with a median household income of $52,798, a relatively low poverty rate of 11.5%, and a high health insurance coverage rate of 82.2%, indicating a reliable tenant base. The top industries, including Professional, Scientific, & Management, and Finance & Insurance, contribute to a strong local economy. With a median property value of $154,600 and median property taxes of $2,391, investors can expect a balanced return on investment.

How does the demographic diversity of Fern Park, FL impact investment decisions? +

The diversity of Fern Park, FL, with top ethnicities including White, White Non-Hispanic, and Hispanic, suggests a vibrant and inclusive community. This diversity, combined with a median age of 45.1 and an employed population of 4,061, indicates a stable and growing workforce. Investors can capitalize on this diversity by targeting properties that cater to a wide range of tenants, from young professionals to families.

What are the key factors influencing the quality of life in Fern Park, FL, and how do they impact investment? +

The average commute time of 24.2 minutes and top commute methods, including driving alone and working from home, indicate a convenient and flexible lifestyle for residents. With a health insurance coverage rate of 82.2%, tenants are likely to be financially stable, reducing the risk of investment. Additionally, the relatively low poverty rate of 11.5% and high homeownership rate of 64.0% suggest a strong sense of community, making Fern Park, FL an attractive location for investors.

How does the local economy of Fern Park, FL support real estate investment? +

The top industries in Fern Park, FL, including Professional, Scientific, & Management, and Finance & Insurance, contribute to a strong and diverse local economy. With a median household income of $52,798 and an employed population of 4,061, there is a reliable demand for housing. The GINI coefficient of 0.41 indicates a relatively equal distribution of income, suggesting a stable and predictable market for investors. Furthermore, the median property value of $154,600 and median property taxes of $2,391 provide a balanced return on investment.

What are the implications of the poverty rate and health insurance coverage on tenant quality in Fern Park, FL? +

The relatively low poverty rate of 11.5% in Fern Park, FL, combined with a high health insurance coverage rate of 82.2%, suggests a working-class market with employment stability. The average commute time of 24.2 minutes and top commute methods, including driving alone and working from home, indicate a convenient lifestyle for residents. Investors can expect a reliable tenant base, with a low risk of default, making Fern Park, FL an attractive location for rental property investments.

Fern Park FL Real Estate & City Facts

Key facts and real estate information about Fern Park FL.

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

Some of the best neighborhoods to live in Fern Park include areas near Prairie Lake Park and Simpson Park. According to Nextdoor, these neighborhoods are considered to be some of the best places to live in Fern Park, considering cost of living, home prices, friendliness, and crime/safety reports. Additionally, Niche ranks Fern Park as one of the best suburbs to raise a family in Florida.

What are some fun things to do in Fern Park? +

There are plenty of fun things to do in Fern Park, such as visiting Prairie Lake Park, Brightlight Books, and the nearby Orlando Science Center. You can also explore the surrounding areas, like Winter Park, which offers a variety of attractions, including the Morse Museum of American Art. For outdoor activities, Secret Lake Park and Maitland's community parks are great options.

What is the food scene like in Fern Park? +

The food scene in Fern Park is diverse, with a range of restaurants serving different cuisines. Some popular options include New York Pizza & Restaurant, Bob Evans, and Rey's Cuban Restaurant. You can also find great takeout options, like Tabla Indian Restaurant, and food delivery services through Uber Eats. There are also plenty of great food trucks and local eateries to try.

What are the pros and cons of living in Fern Park? +

The pros of living in Fern Park include its relaxed suburban vibe, proximity to parks and retail centers, and a range of community amenities. However, some cons include the potential for traffic and congestion, especially during rush hour, and the need for a car to get around. Additionally, some areas of Fern Park may experience noise from nearby highways or commercial developments.

Is Fern Park a good place to live? +

Overall, Fern Park can be a great place to live, depending on your individual preferences and priorities. It offers a mix of small-town charm and access to bigger city amenities, making it an attractive option for families, retirees, and young professionals. While it may have some drawbacks, such as traffic and noise, the benefits of living in Fern Park, including its community atmosphere and natural beauty, make it a worthwhile consideration for those looking to relocate to the area.

Fern Park, 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 Fern Park FL Properties: 0.8100%

📊 Average Income For Fern Park FL Commercial Property: $52,798

Investor Questions For Fern Park FL

Fern Park FL Real Estate & City Facts

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