Temple Terrace, FL Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Temple Terrace, Florida Market population: 25K. 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 Temple Terrace FL Properties: 1.0200%

📊 Average Income For Temple Terrace FL Commercial Property: $49,773

Investor Questions For Temple Terrace FL

Common questions from investors exploring commercial real estate in Temple Terrace FL.

What is the overall investment potential of Temple Terrace, FL, considering its demographic and economic factors? +

The city's median household income of $49,773, combined with a relatively high poverty rate of 14.7% and a strong health insurance coverage of 86.4%, suggests a stable market with opportunities for growth, particularly in the public administration and information sectors, which are among the top industries in the area.

How does the ethnic diversity and commute time in Temple Terrace, FL impact the rental market? +

The city's diverse population, with top ethnicities including White, White Non-Hispanic, and Black, and an average commute time of 23 minutes, indicates a vibrant and accessible rental market, with a range of options for tenants, including those who drive alone, work from home, or carpool.

What are the key factors to consider when evaluating the quality of life in Temple Terrace, FL, and its impact on property values? +

The city's high health insurance coverage rate of 86.4%, low violent crime rate of 0.34 per 1,000 residents, and relatively low average commute time of 23 minutes, all contribute to a high quality of life, which can positively impact property values, including the median property value of $168,000.

How does the employment market in Temple Terrace, FL, influence the demand for housing and rental properties? +

The city's employed population of 12,383, and top industries in public administration, information, and finance, suggest a strong and stable employment market, which can drive demand for housing and rental properties, particularly among young professionals and families, who value the city's relatively high homeownership rate of 51.1% and good schools.

What are the implications of the city's poverty rate and income inequality for real estate investors, and how can they mitigate potential risks? +

The poverty rate of 14.7% and GINI coefficient of 0.446, indicate some level of income inequality, which can impact tenant quality and rental yields, however, investors can mitigate these risks by targeting properties in areas with stronger economic indicators, such as those with higher median household incomes, and by offering competitive rental rates and amenities to attract a diverse range of tenants.

Temple Terrace FL Real Estate & City Facts

Key facts and real estate information about Temple Terrace FL.

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

Some of the best neighborhoods to live in Temple Terrace include Rolling Terrace/River Run, Morris Bridge Rd, and the central parts of the city. These areas are known for being peaceful, family-friendly, and having a welcoming atmosphere. However, it's worth noting that some areas can be considered dangerous, especially for families with children.

What are some fun things to do in Temple Terrace? +

There are plenty of fun things to do in Temple Terrace, including visiting the Corpus Christi Catholic Church, Temple Terrace Public Library, and Temple Terrace Golf & Country Club. You can also explore the beautiful parks with picturesque views of the Hillsborough River, such as Riverside Park and Woodmont Park. Additionally, there are several attractions nearby, like Busch Gardens Tampa Bay and the Florida Aquarium.

What is the food scene like in Temple Terrace? +

The food scene in Temple Terrace is diverse and offers a range of options. You can find popular restaurants like Cozy Coffee Restaurant & Bar, Asian Wok, and IHOP for cheap eats. There are also plenty of great food trucks and higher-end restaurants like Rooster & The Till, Fleming's Steakhouse, and Michael's Grill. Some popular cuisines include Ethiopian, Haitian, and BBQ.

What are the pros and cons of living in Temple Terrace? +

The pros of living in Temple Terrace include its peaceful and welcoming atmosphere, beautiful parks, and convenient location near Tampa. However, some areas can be considered dangerous, and the city has a higher crime rate compared to other nearby cities. Additionally, some residents have reported issues with traffic and parking. Overall, it's essential to weigh the pros and cons and consider factors like safety, commute time, and lifestyle when deciding whether to live in Temple Terrace.

Is Temple Terrace a good place to live? +

Temple Terrace can be a good place to live for those who value a peaceful and welcoming atmosphere, convenient location, and access to beautiful parks and attractions. However, it's crucial to consider the potential drawbacks, such as safety concerns and traffic issues. Ultimately, whether Temple Terrace is a good place to live depends on individual preferences and priorities. It's recommended to visit the city, talk to locals, and weigh the pros and cons before making a decision.

Temple Terrace, 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 Temple Terrace FL Properties: 1.0200%

📊 Average Income For Temple Terrace FL Commercial Property: $49,773

Investor Questions For Temple Terrace FL

Temple Terrace FL Real Estate & City Facts

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