Surfside, FL Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Surfside, Florida Market population: 6K. Explore income-producing properties with verified cap rates and operating...

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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 Surfside FL Properties: 1.5300%

📊 Average Income For Surfside FL Commercial Property: $70,547

Investor Questions For Surfside FL

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

What's the overall investment outlook for Surfside, FL, considering its demographics and economy? +

Surfside, FL presents a stable investment market, with a median household income of $70,547, a relatively low poverty rate of 9.0%, and a high health insurance coverage rate of 91.6%, indicating a reliable tenant base. The top industries, including Information and Finance & Insurance, contribute to a strong economy, while the diverse population with top ethnicities like White, White Non-Hispanic, and Hispanic, suggests a vibrant community. With an average commute time of 29.1 minutes and a high percentage of the population holding a Bachelor's degree or higher, the quality of life is also attractive.

How does the poverty rate and health insurance coverage impact the quality of tenants in Surfside, FL? +

The 9.0% poverty rate in Surfside, FL, combined with a high health insurance coverage rate of 91.6%, suggests a working-class market with employment stability, which is ideal for attracting reliable tenants. Additionally, the median household income of $70,547 and the diverse top industries provide a solid foundation for a stable rental market. The average commute time of 29.1 minutes also indicates convenient access to employment opportunities, further enhancing the attractiveness of the area for tenants.

What role does ethnic diversity play in the demand for real estate in Surfside, FL? +

The ethnic diversity in Surfside, FL, with top ethnicities including White, White Non-Hispanic, and Hispanic, contributes to a culturally rich and vibrant community, which can drive demand for real estate. The area's appeal to a diverse population, coupled with its strong economy and high median household income of $70,547, makes it an attractive location for various types of buyers and renters. Furthermore, the foreign-born rate of 34.6% indicates a potential for international investment interest, adding to the demand for properties in the area.

How do the top industries in Surfside, FL impact the local real estate market? +

The top industries in Surfside, FL, including Information, Finance & Insurance, and Professional, Scientific, & Management, contribute to a strong and diverse economy, which in turn supports a stable real estate market. The median property value of $454,900 and median property taxes of $1,342 reflect the area's desirability and high standard of living. With a high health insurance coverage rate of 91.6% and an average commute time of 29.1 minutes, the quality of life in Surfside, FL, is also enhanced, making it an attractive location for both residents and investors.

What are the key factors indicating market stability in Surfside, FL, for real estate investors? +

Market stability in Surfside, FL, is indicated by several key factors, including a low poverty rate of 9.0%, high health insurance coverage of 91.6%, and a strong economy with diverse top industries. The average commute time of 29.1 minutes and the high percentage of the population with a Bachelor's degree or higher also contribute to the area's stability and attractiveness. Additionally, the median household income of $70,547 and the median property value of $454,900 reflect the area's desirability and potential for long-term growth, making it an appealing location for real estate investors.

Surfside FL Real Estate & City Facts

Key facts and real estate information about Surfside FL.

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

Some of the best neighborhoods to live in Surfside include the north parts of the city, which tend to be more desired, and the northwest regions, which offer more affordable homes. Additionally, neighborhoods like 96th Street Park and the Surfside Beach Path are popular for their family-friendly atmosphere and access to green spaces.

What are some fun things to do in Surfside? +

There are plenty of fun things to do in Surfside, including visiting the Surfside Beach, exploring the Surfside Beach Path, and checking out the local shops and restaurants on Ocean Drive. You can also visit nearby attractions like the Port of Miami, Hard Rock Stadium, and the Fontainebleau. For a more relaxed experience, you can enjoy the pristine beaches, go for a walk, or have a picnic at 96th Street Park.

What is the food scene like in Surfside? +

The food scene in Surfside is vibrant and diverse, with a mix of local and international cuisine. You can find everything from waterfront restaurants to casual eateries and ethnic restaurants. Some popular spots include The Surf Club Restaurant, Lido Restaurant, and Hillstone Restaurant. There are also plenty of great food trucks and cafes to grab a quick bite or coffee.

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

The pros of living in Surfside include its safe and family-friendly atmosphere, access to beautiful beaches and green spaces, and a diverse range of restaurants and shops. However, some cons include the relatively high cost of living, traffic, and limited parking. Additionally, some areas of Surfside can be quite crowded and noisy, especially during peak season.

Is Surfside a good place to live? +

Overall, Surfside is a great place to live for those who value a relaxed, beach-town atmosphere and are willing to pay a premium for it. While it may have some drawbacks, the pros of living in Surfside, including its safety, natural beauty, and amenities, make it an attractive option for families, retirees, and young professionals alike. Ultimately, whether Surfside is a good place to live depends on your individual priorities and lifestyle.

Surfside, 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 Surfside FL Properties: 1.5300%

📊 Average Income For Surfside FL Commercial Property: $70,547

Investor Questions For Surfside FL

Surfside FL Real Estate & City Facts

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