Miami Lakes, FL Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Miami Lakes, Florida Market population: 30K. Explore income-producing properties with verified cap rates and...

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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 Lakes FL Properties: 1.1100%

📊 Average Income For Miami Lakes FL Commercial Property: $63,754

Investor Questions For Miami Lakes FL

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

What makes Miami Lakes, FL an attractive market for real estate investment? +

The combination of a relatively low poverty rate of 7.9%, a high health insurance coverage rate of 85.8%, and a strong median household income of $63,754 suggests a stable and desirable market for investment, with a diverse population of Hispanic, White, and Two Or More ethnicities.

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

The average commute time of 26.8 minutes, coupled with the top commute methods of driving alone, working from home, and carpooling, indicates a relatively convenient and flexible transportation infrastructure, which is likely to appeal to renters and support a stable rental market, especially given the high employment rate of 13,979 and top industries like Finance and Insurance.

What are the implications of the median property value and property taxes for real estate investors in Miami Lakes, FL? +

The median property value of $291,000 and median property taxes of $6,339, combined with a homeownership rate of 64.2%, suggest a relatively stable and potentially lucrative market for investors, particularly when considering the low poverty rate and high health insurance coverage, which may indicate a lower risk of tenant default or property abandonment.

How does the ethnic diversity and industry mix in Miami Lakes, FL impact the demand for housing and rental properties? +

The diverse population with top ethnicities of Hispanic, White, and Two Or More, along with the presence of top industries like Finance and Insurance, Public Administration, and Professional Services, is likely to drive demand for housing and rental properties, especially given the relatively high median household income and low poverty rate, which suggests a strong and stable tenant base.

What are the key factors that contribute to the overall stability and attractiveness of the Miami Lakes, FL real estate market? +

The combination of a low poverty rate, high health insurance coverage, strong median household income, diverse population, and stable commute time, along with the presence of top industries and a relatively high homeownership rate, all contribute to the overall stability and attractiveness of the Miami Lakes, FL real estate market, making it an appealing option for investors seeking a balanced mix of risk and potential return.

Miami Lakes FL Real Estate & City Facts

Key facts and real estate information about Miami Lakes FL.

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

Some of the best neighborhoods to live in Miami Lakes include the north and south parts of the city. Residents love the quiet, meandering neighborhood streets, airy green spaces, and the 23 lakes peppered throughout the area. Miami Lakes Town is also a popular choice, with its quaint ambience and old-fashioned lamps.

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

There are plenty of fun things to do in Miami Lakes, including visiting Main Street Miami Lakes, playing a round of golf at Shula's Golf Club, and exploring the Miami AirSoft. You can also check out the Grapeland Water Park, a major attraction in the area. Additionally, the city has a vibrant nightlife scene, with plenty of options for late-night pizza, burgers, or Colombian food.

What is the food scene like in Miami Lakes? +

The food scene in Miami Lakes is vibrant and diverse, with plenty of options to choose from. Some popular restaurants include 100 Montaditos, Oregano Greek Kitchen, and Chipotle Mexican Grill. You can also find great dining options on Main Street Miami Lakes, such as 107 Taste and 1910 Restaurant & Bar. And for a unique experience, be sure to check out Korner 67, a restaurant and mixology bar that offers global cuisine and tapas-style dishes.

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

One of the pros of living in Miami Lakes is its quiet and safe neighborhoods, with plenty of green spaces and lakes to enjoy. The city also has a vibrant nightlife scene and a diverse range of dining options. However, one of the cons is that it can be a bit far from some of the other popular areas in Miami, which may make commuting a challenge. Additionally, some residents have noted that the city can feel a bit suburban and lacking in cultural attractions compared to other parts of Miami.

Is Miami Lakes a good place to live? +

Overall, Miami Lakes is a great place to live for those who value a quiet and safe community with plenty of outdoor spaces and a vibrant nightlife scene. While it may not be the best fit for everyone, particularly those who want to be in the heart of Miami's cultural scene, it is a popular choice for families and professionals who want a more laid-back pace of life. As with any city, there are pros and cons to consider, but for many people, the benefits of living in Miami Lakes far outweigh the drawbacks.

Miami Lakes, 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 Miami Lakes FL Properties: 1.1100%

📊 Average Income For Miami Lakes FL Commercial Property: $63,754

Investor Questions For Miami Lakes FL

Miami Lakes FL Real Estate & City Facts

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