Miramar, FL Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Miramar, Florida Market population: 125K. Compare commercial properties across all major asset classes with...

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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 Miramar FL Properties: 1.4400%

📊 Average Income For Miramar FL Commercial Property: $62,649

Investor Questions For Miramar FL

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

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

The city's median household income of $62,649, combined with a relatively low poverty rate of 9.6% and high health insurance coverage of 83.9%, suggests a stable and employed population, making it an attractive market for investors. Additionally, the top industries in Public Administration, Information, and Educational Services provide a diverse range of job opportunities, while the city's ethnic diversity, with 31.4% Black, 25.7% White, and 24.5% Hispanic populations, contributes to a vibrant and inclusive community. The average commute time of 30.4 minutes and top commute methods of driving alone, working from home, and carpooling also indicate a well-connected and convenient location.

How does the city's demographic profile impact the demand for housing? +

The city's population of 124,900, with a median age of 33.9, and a foreign-born rate of 49.1%, indicates a diverse and growing community, which can drive demand for housing. The top ethnicities, including Black, White, and Hispanic populations, also suggest a culturally rich and inclusive environment, which can attract a wide range of residents. Furthermore, the median property value of $198,100 and median property taxes of $28,049 provide a relatively affordable and stable housing market, making it an attractive option for both homeowners and renters.

What are the key factors that contribute to the city's quality of life and stability? +

The city's average commute time of 30.4 minutes, health insurance coverage of 83.9%, and unemployment rate of 4.3% all contribute to a high quality of life and stability. The top commute methods, including driving alone, working from home, and carpooling, also indicate a convenient and connected location. Additionally, the city's poverty rate of 9.6% and GINI coefficient of 0.396 suggest a relatively equal distribution of income, which can contribute to a stable and secure community.

How does the city's economy and employment profile impact the real estate market? +

The city's median household income of $62,649, employed population of 61,373, and top industries in Public Administration, Information, and Educational Services all contribute to a strong and diverse economy. The city's poverty rate of 9.6% and health insurance coverage of 83.9% also suggest a stable and employed population, which can drive demand for housing and support the local real estate market. Furthermore, the city's ethnic diversity and foreign-born rate of 49.1% can attract a wide range of businesses and industries, contributing to a vibrant and growing economy.

What are the implications of the city's housing market and demographic profile for real estate investors? +

The city's median property value of $198,100, median property taxes of $28,049, and homeownership rate of 70.8% all suggest a relatively affordable and stable housing market. The city's demographic profile, including a diverse population, median age of 33.9, and foreign-born rate of 49.1%, also indicates a growing and vibrant community, which can drive demand for housing and support the local real estate market. Additionally, the city's top industries, ethnic diversity, and health insurance coverage all contribute to a stable and secure environment, making it an attractive option for real estate investors.

Miramar FL Real Estate & City Facts

Key facts and real estate information about Miramar FL.

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

Some of the best neighborhoods to live in Miramar include SilverLakes, Riviera Isles, Monarch Lakes, Sunset Lakes, and Murano. These neighborhoods offer a range of amenities, including family-friendly environments, resort-style living, and a great balance of value and lifestyle.

What are some fun things to do in Miramar? +

There are plenty of fun things to do in Miramar, including visiting the Silver Sands Premium Outlets, Grand Boulevard at Sandestin, and The Zoo Gallery. You can also enjoy outdoor activities like swimming, sunbathing, and water sports at Miramar Beach. Additionally, there are several restaurants and bars in the area, such as Putting Edge and Nude Nite.

What is the food scene like in Miramar? +

The food scene in Miramar reflects its cultural tapestry, with a mix of Caribbean flavors, including Jamaican, Haitian, and Trinidadian cuisine. Some popular restaurants in the area include La Famiglia, Lin's Asian Cuisine, Texas Roadhouse, and Cabana Cafe. There are also plenty of great food trucks and casual eateries to try.

What are the pros and cons of living in Miramar? +

The pros of living in Miramar include its family-friendly neighborhoods, resort-style living, and a great balance of value and lifestyle. However, some cons include the potential for traffic and crowds, especially during peak tourist season. Additionally, the area can be prone to hurricanes and other natural disasters. Overall, Miramar is a great place to live for those who value a relaxed atmosphere and plenty of outdoor activities.

Is Miramar a good place to live? +

Yes, Miramar is a good place to live, offering a unique blend of relaxation and activity. With its beautiful beaches, outdoor recreation opportunities, and cultural attractions, Miramar is an ideal destination for families, retirees, and young professionals alike. While it's not without its challenges, the area's pros outweigh its cons, making it a great choice for those looking for a laid-back Florida lifestyle.

Miramar, 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 Miramar FL Properties: 1.4400%

📊 Average Income For Miramar FL Commercial Property: $62,649

Investor Questions For Miramar FL

Miramar FL Real Estate & City Facts

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