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Micco, FL High Income Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Micco, Florida Market population: 9K. Compare commercial properties across all major asset classes with...

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⭐ Featured

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 Micco FL Properties: 0.7900%

πŸ“Š Average Income For Micco FL Commercial Property: $31,865

Investor Questions For Micco FL

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

What's the overall investment outlook for Micco, FL, considering its demographics and economy? +
Micco, FL, with a population of 8,804 and a median age of 66.0, presents a stable investment market, given its relatively low poverty rate of 13.7% and high health insurance coverage of 91.2%, indicating a degree of employment stability and access to healthcare, which is further supported by its top industries in professional services and construction.
How does the ethnic diversity and industry mix in Micco impact real estate demand? +
The ethnic diversity in Micco, led by White and White Non-Hispanic populations, combined with its industry mix of professional services, construction, and manufacturing, suggests a steady demand for housing, particularly considering the average commute time of 26.3 minutes and the prevalence of driving alone or carpooling, which indicates a mobile workforce with potential for growth.
What are the implications of Micco's homeownership rate and property values for real estate investors? +
Micco's high homeownership rate of 90.1% and median property value of $66,000, coupled with a median property tax of $3,985, suggest a market with strong roots in ownership, which can imply stability, but investors should also consider the rental market's potential, given the median gross rent of $844 and a rent burden of 25.1%, in the context of the local economy and demographic trends.
How do quality of life metrics, such as commute times and health insurance coverage, influence market stability in Micco? +
The average commute time of 26.3 minutes in Micco, along with the high health insurance coverage rate of 91.2%, indicates a quality of life that supports market stability, as shorter commutes and better health coverage can lead to a more reliable and healthy workforce, which in turn can attract businesses and residents, thereby stabilizing the real estate market.
What insights can be gleaned from Micco's income inequality, poverty rate, and foreign-born population regarding tenant quality and market demand? +
Micco's income inequality (Gini coefficient of 0.37), poverty rate of 13.7%, and low foreign-born rate of 2.6% suggest a relatively homogeneous market with some income variability, which can impact tenant quality and market demand, particularly when considering the top industries and occupations that drive local employment, and thus, the potential for rental income stability and property appreciation.

Micco FL Real Estate & City Facts

Key facts and real estate information about Micco FL.

What are some of the best neighborhoods to live in Micco? +
Some of the best neighborhoods to live in Micco, FL include Barefoot Bay and Songbirds. Barefoot Bay is a quiet, friendly neighborhood known for its proximity to the bay and abundant birdlife. Songbirds is also a desirable area, with a peaceful atmosphere and beautiful scenery.
What are some fun things to do in Micco? +
There are plenty of fun things to do in Micco, FL. You can visit the Indian River Trading Post Antiques, go on a deep sea fishing trip with Fish Master Deep Sea Fishing, or explore the Micco Scrub Sanctuary. Additionally, you can check out the Galleon Treasures, Peacemaker Charters, or attend one of the many family-friendly events at Riverview Park.
What is the food scene like in Micco? +
The food scene in Micco, FL is diverse and delicious. You can find fresh seafood at The Chubby Mullet, or try some Chinese cuisine at China Wok or Golden Wok. There are also plenty of great restaurants that you can boat to, such as Outriggers Bar & Grill, which offers live music and a river view.
What are the pros and cons of living in Micco? +
The pros of living in Micco, FL include its peaceful and natural atmosphere, with plenty of opportunities for outdoor activities like fishing and hiking. However, some cons include the limited job opportunities and higher cost of living compared to other areas in Florida. Additionally, the town can be quite quiet and rural, which may not be suitable for everyone.
Is Micco a good place to live? +
Micco, FL can be a great place to live for those who value a peaceful and natural atmosphere, and are looking for a quiet and rural lifestyle. While it may not be suitable for everyone, especially those who prefer a more urban or fast-paced environment, it can be an excellent choice for retirees, families, or individuals who enjoy outdoor activities and a close-knit community.
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