Progress Village, FL High Income Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Progress Village, Florida Market population: 6K. 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 Progress Village FL Properties: 1.2700%

📊 Average Income For Progress Village FL Commercial Property: $53,419

Investor Questions For Progress Village FL

Common questions from investors exploring commercial real estate in Progress Village FL.

What's the overall investment potential of Progress Village, FL, considering its demographics and economy? +

With a median household income of $53,419 and a relatively low poverty rate of 12.9%, Progress Village, FL, presents a stable investment market, further bolstered by its diverse population, including a significant proportion of Black or African American, White, and Asian residents, and a strong employment base in industries like Health Care & Social Assistance and Retail Trade.

How does the commute time and health insurance coverage impact the quality of life for residents and potential tenants in Progress Village, FL? +

The average commute time of 28.4 minutes, combined with a high health insurance coverage rate of 91.2%, suggests a good quality of life for residents, which can attract reliable tenants, and the fact that 82.1% of commuters drive alone indicates a need for convenient, car-friendly housing options.

What role does ethnic diversity and industry variety play in determining market demand for real estate investments in Progress Village, FL? +

The ethnic diversity, with top ethnicities being Black or African American, White, and Asian, contributes to a vibrant community, and the variety in top industries such as Health Care & Social Assistance, Retail Trade, and Accommodation & Food Services, indicates a robust economy, which can drive demand for different types of housing and commercial properties.

How do poverty rates, health insurance coverage, and median property values interact to influence the real estate investment landscape in Progress Village, FL? +

The 12.9% poverty rate, although relatively low, combined with 91.2% health insurance coverage, suggests a working-class market with employment stability, and with a median property value of $143,400, investors can find opportunities for affordable housing that meets the needs of local tenants, potentially leading to stable rental income.

What insights can be gleaned from the homeownership rate, median property taxes, and foreign-born rate for real estate investors looking at Progress Village, FL? +

A homeownership rate of 68.5% and median property taxes of $1,942 indicate a relatively stable housing market, and the 20.5% foreign-born rate suggests a culturally diverse community, which can attract a wide range of residents and potentially support demand for rental properties, especially considering the area's top industries and commute patterns.

Progress Village FL Real Estate & City Facts

Key facts and real estate information about Progress Village FL.

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

Some of the best neighborhoods to live in Progress Village include Progress Village, Riverview, and surrounding areas like Ashley Oaks, which offer a community atmosphere and moderately priced homes, making them a good place for families.

What are some fun things to do in Progress Village? +

There are plenty of fun things to do in Progress Village, such as visiting the nearby Hogan's Place, taking a dance cruise, or attending events like the Del Mar Dance Cruise or the Take Kids Fishing Suncoast. You can also explore the surrounding areas, like Tampa, and visit attractions like Busch Gardens, The Florida Aquarium, or the Clearwater Beach.

What is the food scene like in Progress Village? +

The food scene in Progress Village is diverse, with a range of restaurants serving different cuisines. Some popular options include The 1918, Liang's Bistro, Salt Shack, Petra Mediterranean Restaurant, and Bulla Gastrobar, which offer a variety of dining experiences, from rustic-refined waterfront restaurants to authentic Middle Eastern and Spanish tapas.

What are the pros and cons of living in Progress Village? +

The pros of living in Progress Village include its community atmosphere, moderately priced homes, and access to nearby attractions and amenities. However, some areas nearby, like Gibsonton, have been mentioned as not being the most desirable places to live. It's essential to research and visit the area to get a better sense of the pros and cons.

Is Progress Village a good place to live? +

Progress Village can be a good place to live, depending on your individual preferences and priorities. It offers a community atmosphere, affordable housing, and access to nearby amenities and attractions. However, as with any area, it's crucial to weigh the pros and cons and consider factors like safety, schools, and commute time to determine if it's the right fit for you.

Progress Village, 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 Progress Village FL Properties: 1.2700%

📊 Average Income For Progress Village FL Commercial Property: $53,419

Investor Questions For Progress Village FL

Progress Village FL Real Estate & City Facts

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