Pasadena Hills, FL High Income Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Pasadena Hills, Florida Market population: 8K. 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 Pasadena Hills FL Properties: 0.7500%

📊 Average Income For Pasadena Hills FL Commercial Property: $43,621

Investor Questions For Pasadena Hills FL

Common questions from investors exploring commercial real estate in Pasadena Hills FL.

What's the overall investment potential of Pasadena Hills, FL? +

With a median household income of $43,621, a relatively low poverty rate of 7.6%, and a high health insurance coverage rate of 89.6%, Pasadena Hills presents a stable investment market, especially considering its diverse economy driven by top industries like Public Administration and Transportation & Warehousing, & Utilities.

How does the demographic diversity impact the rental market in Pasadena Hills? +

The ethnic diversity, with top ethnicities being White (41.6%), White Non-Hispanic (36.7%), and Hispanic (7.9%), combined with a foreign-born rate of 14.5%, suggests a culturally rich and potentially resilient rental market, further supported by an average commute time of 29 minutes and a high rate of health insurance coverage.

What are the key factors influencing property value and rental yields in Pasadena Hills? +

The median property value of $146,300, coupled with a median property tax of $2,516 and a homeownership rate of 84.1%, indicates a stable housing market, while the employed population of 3,228 and top industries like Information (Group) contribute to a strong demand for rentals, potentially boosting rental yields.

How does the quality of life in Pasadena Hills affect its attractiveness to investors? +

The average commute time of 29 minutes, with top commute methods including driving alone and working from home, along with a high health insurance coverage rate of 89.6%, suggests a good quality of life, making Pasadena Hills an attractive location for both residents and investors, especially when considering the low poverty rate of 7.6% and the GINI coefficient of 0.418, which indicates a relatively equal distribution of income.

What role does the economic inequality and public transportation play in the investment decision for Pasadena Hills? +

The GINI coefficient of 0.418, indicating a moderate level of economic inequality, combined with a public transportation usage rate of 1.4% and an average commute time of 29 minutes, suggests that while there is some economic disparity, the overall infrastructure supports a stable workforce, which is crucial for investors, especially when the top industries such as Public Administration and Transportation & Warehousing, & Utilities are considered.

Pasadena Hills FL Real Estate & City Facts

Key facts and real estate information about Pasadena Hills FL.

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

Some of the best neighborhoods to live in Pasadena Hills include the Villages of Pasadena Hills, a master-planned area with 1,162 residences, and other neighborhoods like Watergrass, which is north and south of State Road 54. These areas are known for being friendly, with neighbors looking out for each other.

What are some fun things to do in Pasadena Hills? +

There are plenty of fun things to do in and around Pasadena Hills. You can visit the Green Swamp Wilderness Preserve, the Saint Leo Abbey, or the Dade City Heritage and Cultural Museum. For adventure, head to TreeHoppers Aerial Adventure Park or SCREAM-A-GEDDON Horror Park. The area also offers several parks and nature reserves for outdoor activities.

What is the food scene like in Pasadena Hills? +

The food scene in Pasadena Hills is diverse, with a range of restaurants serving different cuisines. Some top-rated restaurants in the area include Tallo, Noble Crust, and RARE 1981. You can also find great BBQ, burgers, and pastrami at local eateries. Additionally, there are plenty of great food trucks and casual dining spots to grab a bite.

What are the pros and cons of living in Pasadena Hills? +

Living in Pasadena Hills has its pros and cons. On the plus side, the area offers a friendly community, plenty of outdoor spaces, and a growing food scene. However, some residents may find the area to be developing rapidly, which can lead to traffic and construction. Additionally, the cost of living may be higher than in other parts of Florida. Overall, it's a great place to live for those who value community and outdoor activities.

Is Pasadena Hills a good place to live? +

Pasadena Hills can be a great place to live, depending on your priorities. The area offers a strong sense of community, plenty of outdoor activities, and a growing food scene. While it may have some drawbacks, such as traffic and construction, many residents find the benefits to outweigh the costs. If you're looking for a friendly, outdoor-oriented community with a small-town feel, Pasadena Hills might be the perfect fit for you.

Pasadena Hills, 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 Pasadena Hills FL Properties: 0.7500%

📊 Average Income For Pasadena Hills FL Commercial Property: $43,621

Investor Questions For Pasadena Hills FL

Pasadena Hills FL Real Estate & City Facts

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