Satellite Beach, FL Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Satellite Beach, Florida Market population: 10K. Compare commercial properties across all major asset classes...

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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 Satellite Beach FL Properties: 1.5100%

📊 Average Income For Satellite Beach FL Commercial Property: $63,014

Investor Questions For Satellite Beach FL

Common questions from investors exploring commercial real estate in Satellite Beach FL.

What's the overall investment potential of Satellite Beach, FL? +

With a median household income of $63,014 and a relatively low poverty rate of 4.2%, Satellite Beach presents a stable investment market, further supported by its high health insurance coverage of 91.9% and a short average commute time of 24.4 minutes, indicating a reliable and healthy workforce.

How does the demographic diversity impact the demand for real estate in Satellite Beach? +

The city's top ethnicities, including White (46.9%), White Non-Hispanic (44.1%), and Hispanic (4.0%), contribute to a diverse community, which, combined with top industries like Finance & Insurance and Educational Services, suggests a robust demand for housing from a varied and potentially stable tenant base, considering the foreign born rate of 4.5% and the employed population of 4,812.

What are the key factors influencing the quality of life for residents and, by extension, the attractiveness of Satellite Beach to investors? +

The average commute time of 24.4 minutes, coupled with the prevalence of drove alone, worked at home, and carpooled commute methods, indicates a convenient and flexible lifestyle, while the high health insurance coverage of 91.9% and low poverty rate of 4.2% suggest a high quality of life, making Satellite Beach an attractive location for both residents and investors, especially given its median property value of $221,000.

How does the economic landscape of Satellite Beach, including its industries and employment rates, affect real estate investment? +

The top industries in Satellite Beach, such as Finance & Insurance, Manufacturing, and Educational Services, provide a foundation for economic stability, and with an employed population of 4,812 and a median household income of $63,014, the city demonstrates a strong potential for rental income and property appreciation, considering the GINI coefficient of 0.393 and the relatively low poverty rate of 4.2%.

What insights can be gleaned from the city's housing market and commute patterns for real estate investors? +

The high homeownership rate of 79.0% and median property value of $221,000 suggest a strong and potentially appreciating housing market, while the average commute time of 24.4 minutes and the mix of commute methods, including working from home, indicate flexibility and convenience, which, combined with the health insurance rate of 91.9%, points to a stable and desirable environment for both living and investing, with a relatively low poverty rate of 4.2% further enhancing the attractiveness of Satellite Beach to investors.

Satellite Beach FL Real Estate & City Facts

Key facts and real estate information about Satellite Beach FL.

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

Some of the best neighborhoods to live in Satellite Beach include Waterway Estates, The Moorings, and South Patrick Shores. These neighborhoods offer a range of amenities, including proximity to the ocean, beautiful parks, and a strong sense of community.

What are some fun things to do in Satellite Beach? +

There are plenty of fun things to do in Satellite Beach, including visiting Pelican Beach Park, Hightower Beach Park, and Hangar's Beach. You can also go kayaking on the Banana River, take a surf lesson, or explore the downtown area for museums and boutiques.

What is the food scene like in Satellite Beach? +

The food scene in Satellite Beach is thriving, with a range of restaurants serving everything from breakfast to dinner. Some popular spots include Cuizine Restaurant & Lounge, The Salty Fox, and Kelly's Burgers and Beer. There are also plenty of great food trucks and cafes to grab a quick bite.

What are the pros and cons of living in Satellite Beach? +

The pros of living in Satellite Beach include its beautiful beaches, strong sense of community, and range of outdoor activities. However, some cons include the potential for crowds and traffic during peak season, and the need for a car to get around. Overall, Satellite Beach is a great place to live for those who love the beach and a relaxed, small-town atmosphere.

Is Satellite Beach a good place to live? +

Yes, Satellite Beach is a great place to live for those who love the beach and a relaxed, small-town atmosphere. With its beautiful beaches, strong sense of community, and range of outdoor activities, it's an ideal spot for families, retirees, and anyone looking for a laid-back lifestyle. However, it's worth considering the potential downsides, such as crowds and traffic during peak season, before making a decision.

Satellite Beach, 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 Satellite Beach FL Properties: 1.5100%

📊 Average Income For Satellite Beach FL Commercial Property: $63,014

Investor Questions For Satellite Beach FL

Satellite Beach FL Real Estate & City Facts

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