Miami Gardens, FL High Income Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Miami Gardens, Florida Market population: 109K. 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 Miami Gardens FL Properties: 1.1400%

📊 Average Income For Miami Gardens FL Commercial Property: $42,040

Investor Questions For Miami Gardens FL

Common questions from investors exploring commercial real estate in Miami Gardens FL.

What is the overall investment potential of Miami Gardens, FL, considering its demographics and economy? +

The city's median household income of $42,040, combined with a poverty rate of 19.7% and a health insurance coverage of 77.3%, suggests a relatively stable market with a mix of working-class and middle-class residents. The top industries, including Public Administration and Health Care & Social Assistance, also indicate a diverse economy, while the 34.6% foreign born rate and ethnic diversity, with 54.3% Black, 21.4% Hispanic, and 16.0% White populations, contribute to a vibrant cultural scene.

How does the commute time and transportation infrastructure impact the quality of life for residents and potential renters in Miami Gardens, FL? +

The average commute time of 29.5 minutes, with top commute methods including driving alone, carpooling, and working from home, indicates a relatively manageable commute, which can contribute to a better quality of life for residents. Additionally, the city's health insurance coverage of 77.3% and a high school graduation rate of 82.2% suggest a relatively stable and educated population, making it an attractive location for renters and investors alike.

What are the key factors to consider when evaluating the housing market in Miami Gardens, FL, for real estate investment? +

The median property value of $135,700, combined with a median property tax of $21,025 and a homeownership rate of 65.4%, suggests a relatively affordable housing market. The poverty rate of 19.7% and the GINI coefficient of 0.416 also indicate some level of income inequality, which may impact the rental market. However, the city's diverse economy, with top industries including Public Administration and Health Care & Social Assistance, can help mitigate these factors and contribute to a stable rental market.

How does the ethnic diversity and cultural scene in Miami Gardens, FL, impact the demand for housing and real estate investment? +

The city's ethnic diversity, with 54.3% Black, 21.4% Hispanic, and 16.0% White populations, contributes to a vibrant cultural scene, which can attract a diverse range of residents and renters. The foreign born rate of 34.6% also indicates a strong international presence, which can drive demand for housing and real estate investment. Additionally, the city's top industries, including Retail Trade and Accommodation & Food Services, suggest a thriving local economy, which can support a strong rental market.

What are the implications of the city's education and health insurance coverage on the quality of life and real estate investment in Miami Gardens, FL? +

The high school graduation rate of 82.2% and the health insurance coverage of 77.3% suggest a relatively educated and healthy population, which can contribute to a better quality of life and a more stable rental market. The city's top occupations, including Sales & Office Occupations and Service Occupations, also indicate a diverse range of employment opportunities, which can support a strong local economy and attract residents and investors alike.

Miami Gardens FL Real Estate & City Facts

Key facts and real estate information about Miami Gardens FL.

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

Some of the best neighborhoods to live in Miami Gardens include Lake Lucerne, which is known for its peaceful and clean environment, and friendly atmosphere. The east parts of the city tend to be more desired, while the southeast regions offer more affordable homes.

What are some fun things to do in Miami Gardens? +

There are plenty of fun things to do in Miami Gardens, such as visiting the Hard Rock Stadium, exploring the outdoors at Rolling Oaks Park, or enjoying a jet ski adventure. You can also check out the Cirque Du Soleil Alegria, or visit the Topgolf Miami Gardens for a unique entertainment experience.

What is the food scene like in Miami Gardens? +

The food scene in Miami Gardens is diverse and exciting, with a range of restaurants serving different cuisines. Some popular spots include Awash Ethiopian Restaurant, Sunday's Eatery, L.C. Roti Shop, and Yarumba Restaurant & Lounge. There are also plenty of great food trucks and casual eateries to try.

What are the pros and cons of living in Miami Gardens? +

Living in Miami Gardens has its pros and cons. On the plus side, the city has a unique cultural scene, with a strong African American influence, and a range of outdoor activities to enjoy. However, some areas of the city can be quite affordable, while others may have higher crime rates. Additionally, traffic in the city can be a challenge, especially during rush hour.

Is Miami Gardens a good place to live? +

Miami Gardens can be a great place to live, depending on your individual preferences and priorities. The city has a lot to offer, from its rich cultural scene to its outdoor recreational opportunities. However, as with any city, there are also some challenges to consider, such as traffic and crime. Overall, Miami Gardens is a vibrant and diverse city that can be a good fit for people who value community and cultural experiences.

Miami Gardens, 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 Miami Gardens FL Properties: 1.1400%

📊 Average Income For Miami Gardens FL Commercial Property: $42,040

Investor Questions For Miami Gardens FL

Miami Gardens FL Real Estate & City Facts

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