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Goulds, FL Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Goulds, Florida Market population: 10K. Explore income-producing properties with verified cap rates and operating...

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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

πŸ“Š Avg Property Tax Rate For Goulds FL Properties: 4.3450%

πŸ“Š Average Income For Goulds FL Commercial Property: $33,200

Investor Questions For Goulds FL

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

What's the overall investment potential of Goulds, FL, considering its demographics and economy? +
Goulds, FL, with a population of 9,802 and a median age of 33.6, presents an interesting investment opportunity, especially given its diverse ethnic makeup, including Hispanic, Black, and White populations, and a foreign-born rate of 24.5%, which can contribute to a vibrant cultural scene and potentially stable rental market. The median household income of $33,200, combined with a poverty rate of 28.0% and a health insurance coverage rate of 77.1%, suggests a working-class market with some employment stability. The top industries, including Public Administration and Health Care & Social Assistance, provide a foundation for employment opportunities.
How does the commute time and method impact the quality of life for residents and potential tenants in Goulds, FL? +
The average commute time of 36.5 minutes in Goulds, FL, with top commute methods being driving alone, carpooling, and using public transit, indicates a relatively manageable commute that can appeal to potential tenants. When considering the health insurance coverage rate of 77.1% and the poverty rate of 28.0%, it suggests that while there are challenges, there's also a degree of stability and access to healthcare, which can contribute to a better quality of life and more reliable tenant base. The diversity in commute methods also points to a flexible and adaptable community.
What are the implications of the income inequality and poverty rate for real estate investors in Goulds, FL? +
The poverty rate of 28.0% and a GINI coefficient of 0.43 in Goulds, FL, indicate significant income inequality, which investors should consider when evaluating the local rental market. However, the median property value of $130,000 and median property taxes of $1,354 suggest relatively affordable housing options. Combining this with the employed population of 3,390 and top industries like Professional, Scientific, & Management, & Administrative & Waste Management Services, there's potential for a stable workforce that could support rental income, especially if targeting the working-class segment with affordable housing options.
How does the ethnic diversity and foreign-born population influence market demand in Goulds, FL? +
The ethnic diversity in Goulds, FL, with top ethnicities being Hispanic, Black, and White, and a foreign-born rate of 24.5%, can drive market demand through cultural events, businesses catering to diverse tastes, and a potentially vibrant community life. This diversity, coupled with the median household income of $33,200 and the presence of industries like Educational Services and Health Care & Social Assistance, suggests a dynamic market with opportunities for investors to cater to a wide range of preferences and needs, potentially leading to higher occupancy rates and more stable investments.
What insights can be gleaned from the homeownership rate and health insurance coverage for real estate investment strategies in Goulds, FL? +
The homeownership rate of 50.1% in Goulds, FL, indicates a balanced market between owners and renters, providing opportunities for both rental properties and home sales. When considering the health insurance coverage rate of 77.1%, it suggests a level of financial stability among residents, which can be beneficial for investors looking for reliable tenants. Additionally, the median property value of $130,000 and the employed population of 3,390 further support the potential for a stable and profitable real estate investment, especially if investors can offer affordable, attractive housing options that meet the needs of this diverse and working-class community.

Goulds FL Real Estate & City Facts

Key facts and real estate information about Goulds FL.

What are some of the best neighborhoods to live in Goulds? +
Some of the best neighborhoods to live in Goulds, FL, include the southwest parts of the city, which tend to be more desired, while more affordable homes can be found in the east regions. Neighborhoods like Cauley Square Historic Village and surrounding areas are popular among residents.
What are some fun things to do in Goulds? +
There are several fun things to do in Goulds, FL, including visiting the Cauley Square Historic Village, The Little Farm, and Burr's Berry Farm. You can also explore the surrounding areas, such as Perrine and Richmond Heights, which offer a glimpse into the pioneering history of the area.
What is the food scene like in Goulds? +
The food scene in Goulds, FL, is simple yet delicious, with a variety of restaurants serving slow-cooked, well-seasoned, and time-honored dishes. Some popular restaurants include Casafinca, JJ's Cuisine, Shiver's BBQ, and Chefs on the Run Gastro Pub.
What are the pros and cons of living in Goulds? +
The pros of living in Goulds, FL, include its rich history, cultural diversity, and affordable housing options. However, some areas of Goulds have a high crime rate and police activity, which can be a concern for some residents. Additionally, the area is still developing, and some amenities may be limited.
Is Goulds a good place to live? +
Goulds, FL, can be a good place to live for those who value its unique cultural heritage, affordable housing, and small-town charm. While it may have its challenges, the area is growing and developing, with new businesses and amenities emerging. Ultimately, whether Goulds is a good place to live depends on individual preferences and priorities.
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