North Miami, FL Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in North Miami, Florida Market population: 65K. 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 North Miami FL Properties: 4.3450%

📊 Average Income For North Miami FL Commercial Property: $43,727

Investor Questions For North Miami FL

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

What is the overall investment potential of North Miami, FL? +

The 22.5% poverty rate combined with 85% health insurance coverage suggests a working-class market with employment stability, while the $243,400 median property value and $3,400 median property taxes indicate a relatively affordable investment opportunity, especially considering the 29-minute average commute and strong public transit usage.

How does the demographic diversity of North Miami impact rental demand? +

The city's diverse population, with top ethnicities including Hispanic or Latino (44.1%), Black or African American (33.6%), and White (20.5%), contributes to a strong demand for rental properties, particularly in industries like healthcare and social assistance, which employ 18.1% of the population, and retail trade, which employs 12.3%.

What are the key factors to consider when assessing tenant quality in North Miami? +

The 22.5% poverty rate and 85% health insurance coverage suggest a relatively stable tenant base, while the $51,469 average household income and 29-minute average commute indicate a working-class population with steady employment, and the 92.3% health insurance rate further supports this assessment.

How does the local economy impact the real estate market in North Miami? +

The top industries in North Miami, including healthcare and social assistance, retail trade, and accommodation and food services, contribute to a strong and diverse economy, with a low unemployment rate and a high percentage of employed population (64.4%), which in turn drives demand for housing and supports property appreciation.

What role does transportation play in the investment potential of North Miami? +

The 29-minute average commute and strong public transit usage, with 10.4% of commuters using public transportation, indicate solid infrastructure for renters, while the 2.4% commute by bicycle and 4.5% walk to work suggest a relatively pedestrian-friendly city, making it an attractive option for investors looking to capitalize on the growing demand for urban living.

North Miami FL Real Estate & City Facts

Key facts and real estate information about North Miami FL.