Lighthouse Point, FL Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Lighthouse Point, Florida Market population: 11K. Browse multifamily, office, retail, industrial, and mixed-use investment...

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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 Lighthouse Point FL Properties: 1.2300%

📊 Average Income For Lighthouse Point FL Commercial Property: $73,136

Investor Questions For Lighthouse Point FL

Common questions from investors exploring commercial real estate in Lighthouse Point FL.

What's the overall investment outlook for Lighthouse Point, FL? +

Lighthouse Point, FL offers a stable investment market, with a median household income of $73,136, a relatively low poverty rate of 6.4%, and a high health insurance coverage rate of 92.5%, indicating a strong and healthy workforce. The top industries, including Wholesale Trade and Manufacturing, also suggest a diverse economy. Additionally, the city's low poverty rate and high health insurance coverage rate, combined with an average commute time of 23.3 minutes, indicate a high quality of life for residents.

How does the local economy impact real estate investment in Lighthouse Point? +

The local economy in Lighthouse Point is driven by top industries such as Wholesale Trade, Transportation & Warehousing, and Manufacturing, which contributes to a median household income of $73,136 and an employed population of 4,776. With a poverty rate of 6.4% and a high health insurance coverage rate of 92.5%, the economy appears to support a stable and secure tenant base. Furthermore, the city's diverse economy and relatively low poverty rate suggest a low risk of market fluctuations.

What role does ethnic diversity play in the demand for real estate in Lighthouse Point? +

Lighthouse Point's ethnic diversity, with a population that is 47.0% White, 43.0% White Non-Hispanic, and 5.4% Hispanic, contributes to a vibrant and inclusive community. This diversity, combined with a foreign-born rate of 14.1%, can drive demand for real estate, particularly in areas with amenities that cater to diverse populations. The city's high homeownership rate of 79.8% and median property value of $332,100 also suggest a strong demand for housing.

How do quality-of-life metrics impact the stability of the real estate market in Lighthouse Point? +

The average commute time of 23.3 minutes and high health insurance coverage rate of 92.5% in Lighthouse Point contribute to a high quality of life, which can lead to a stable and secure real estate market. The city's low poverty rate of 6.4% and high median household income of $73,136 also suggest a low risk of market fluctuations. Additionally, the top commute methods, including driving alone and working from home, indicate a flexible and convenient lifestyle for residents.

What are the key factors to consider when evaluating the potential for long-term appreciation in Lighthouse Point's real estate market? +

When evaluating the potential for long-term appreciation in Lighthouse Point's real estate market, key factors to consider include the city's median property value of $332,100, median property taxes of $3,805, and homeownership rate of 79.8%. The city's diverse economy, driven by top industries such as Wholesale Trade and Manufacturing, and its high quality of life, with an average commute time of 23.3 minutes and high health insurance coverage rate of 92.5%, also suggest a strong potential for long-term appreciation. Furthermore, the city's relatively low poverty rate of 6.4% and high median household income of $73,136 indicate a low risk of market fluctuations and a high potential for long-term growth.

Lighthouse Point FL Real Estate & City Facts

Key facts and real estate information about Lighthouse Point FL.

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

Some of the best neighborhoods to live in Lighthouse Point include the southwest parts of the city, which tend to be more desirable, and the northwest regions, which offer more affordable homes. According to various sources, including Home Value and Nextdoor, neighborhoods like Lighthouse Point Park and Dan Witt Park are popular among residents.

What are some fun things to do in Lighthouse Point? +

There are plenty of fun things to do in Lighthouse Point, including visiting Lighthouse Park, Degroff Park, and Frank McDonough Park. You can also sail on pristine waterways, get outdoors at one of the many parks, or dine out with the family. Some popular attractions include the Hillsboro Inlet Park, Fisher Family Pier, and Lauderdale-by-the-Sea Beach.

What is the food scene like in Lighthouse Point? +

The food scene in Lighthouse Point is diverse and offers a range of options, from seafood restaurants like The Fish Shack and Seafood World Market & Restaurant, to immersive dining experiences like Elysium Immersive Dining. There are also plenty of great restaurants on the water, such as Cap's Place and Papa's Raw Bar.

What are the pros and cons of living in Lighthouse Point? +

The pros of living in Lighthouse Point include its peaceful and safe atmosphere, beautiful parks, and delicious restaurants. However, some cons include the potential for higher costs of living, especially when it comes to housing and food. Additionally, traffic and parking can be a challenge in some areas. Overall, Lighthouse Point is a great place to live for those who value a relaxed and family-friendly environment.

Is Lighthouse Point a good place to live? +

Yes, Lighthouse Point is a good place to live, offering a unique blend of relaxation, outdoor activities, and cultural experiences. While it may have some drawbacks, the city's strong sense of community, beautiful surroundings, and range of amenities make it an attractive option for those looking to relocate or visit. As with any place, it's essential to weigh the pros and cons and consider individual preferences and priorities.

Lighthouse Point, 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 Lighthouse Point FL Properties: 1.2300%

📊 Average Income For Lighthouse Point FL Commercial Property: $73,136

Investor Questions For Lighthouse Point FL

Lighthouse Point FL Real Estate & City Facts

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