Upper Grand Lagoon, FL Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Upper Grand Lagoon, Florida Market population: 14K. Explore income-producing properties with verified cap rates...

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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 Upper Grand Lagoon FL Properties: 1.1000%

📊 Average Income For Upper Grand Lagoon FL Commercial Property: $53,844

Investor Questions For Upper Grand Lagoon FL

Common questions from investors exploring commercial real estate in Upper Grand Lagoon FL.

What is the overall investment potential of Upper Grand Lagoon, FL, considering its demographic and economic factors? +

Upper Grand Lagoon, FL, offers a stable investment environment with a median household income of $53,844, a relatively low poverty rate of 11.0%, and a high health insurance coverage rate of 84.5%, indicating a reliable tenant base. The top industries, including Wholesale Trade, Manufacturing, and Public Administration, contribute to the area's economic stability, while the diverse population with top ethnicities such as White, White Non-Hispanic, and Hispanic suggests a vibrant community. With an average commute time of 16.4 minutes and a high homeownership rate of 66.5%, the area's quality of life is also noteworthy.

How does the area's ethnic diversity and industry mix impact the demand for housing and rental properties? +

The ethnic diversity in Upper Grand Lagoon, FL, with White, White Non-Hispanic, and Hispanic populations, contributes to a culturally rich community, which can attract a wide range of residents and potentially increase demand for housing. The top industries, including Wholesale Trade, Manufacturing, and Public Administration, provide a stable source of employment, which, combined with the area's relatively low poverty rate of 11.0% and high health insurance coverage rate of 84.5%, suggests a strong and reliable rental market. Furthermore, the area's foreign-born rate of 4.4% may also indicate a potential for international investment interest.

What are the key factors that contribute to the quality of life in Upper Grand Lagoon, FL, and how do they impact real estate investment? +

The quality of life in Upper Grand Lagoon, FL, is influenced by factors such as the average commute time of 16.4 minutes, which is relatively short, and the top commute methods, including driving alone, carpooling, and working from home, indicating flexibility and convenience. Additionally, the high health insurance coverage rate of 84.5% and the low poverty rate of 11.0% contribute to a stable and healthy community, making it an attractive location for residents and, consequently, a promising area for real estate investment. The area's median property value of $216,900 and median property taxes of $3,829 also suggest a relatively affordable housing market.

How does the area's economic inequality, as measured by the Gini coefficient, affect the real estate market and investment potential? +

The Gini coefficient of 0.417 in Upper Grand Lagoon, FL, indicates a moderate level of economic inequality, which, when considered alongside the median household income of $53,844 and the poverty rate of 11.0%, suggests that there is a sizable middle class with disposable income. This demographic can support a stable demand for housing and rental properties, particularly when combined with the area's diverse industries, including Wholesale Trade, Manufacturing, and Public Administration. Furthermore, the high homeownership rate of 66.5% and the relatively low average commute time of 16.4 minutes contribute to a sense of community stability, which is beneficial for long-term real estate investments.

What role do public transportation and commute methods play in the attractiveness and investment potential of Upper Grand Lagoon, FL? +

The public transportation usage rate of 1.4% in Upper Grand Lagoon, FL, is relatively low, but the top commute methods, including driving alone, carpooling, and working from home, indicate a flexible and convenient commute environment. The average commute time of 16.4 minutes is also shorter than many other areas, contributing to a high quality of life. When combined with the area's median property value of $216,900, median property taxes of $3,829, and a high health insurance coverage rate of 84.5%, these factors suggest that Upper Grand Lagoon, FL, is an attractive location for residents who value convenience, affordability, and a stable community, making it a promising area for real estate investment.

Upper Grand Lagoon FL Real Estate & City Facts

Key facts and real estate information about Upper Grand Lagoon FL.

What are some of the best neighborhoods to live in Upper Grand Lagoon? +

Some of the best neighborhoods to live in Upper Grand Lagoon include Trieste, Tapestry Park, Colony Club, Massalina Bayou, The Glades, Summer Breeze, Palmetto Trace, Reflections, Mowat Highlands, Summerwood, and Country Club Harbour. These neighborhoods offer a range of housing options and amenities, and are popular among residents and visitors alike.

What are some fun things to do in Upper Grand Lagoon? +

There are plenty of fun things to do in Upper Grand Lagoon, including visiting the beach, going on a charter boat tour, exploring the waterways, and visiting attractions like Shell Island and St. Andrews Bay. You can also check out the Grand Lagoon Watersports, Coconut Creek Family Fun Park, and Dream Watersports Pcb for some adventure and excitement.

What is the food scene like in Upper Grand Lagoon? +

The food scene in Upper Grand Lagoon is vibrant and diverse, with a range of restaurants serving up fresh seafood, Cajun cuisine, and other local specialties. Some popular restaurants in the area include Capt. Jack's Family Restaurant, The Grand Marlin Of Panama City Beach, Dat Cajun Place, and Schooners. There are also plenty of great food trucks and casual eateries to grab a quick bite or snack.

What are the pros and cons of living in Upper Grand Lagoon? +

The pros of living in Upper Grand Lagoon include its beautiful beaches, outdoor recreational opportunities, and a range of housing options. However, some cons include the potential for crowds and traffic during peak tourist season, and the need for a car to get around the area. Additionally, some residents may find the area to be a bit quiet or sleepy, especially during the off-season.

Is Upper Grand Lagoon a good place to live? +

Overall, Upper Grand Lagoon is a great place to live for those who love the beach, outdoor recreation, and a relaxed, small-town atmosphere. While it may not be the best fit for everyone, the area offers a unique blend of natural beauty, amenities, and community spirit that makes it an attractive option for many people. As with any place, it's worth weighing the pros and cons and doing your own research to determine if Upper Grand Lagoon is the right fit for you.

Upper Grand Lagoon, 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 Upper Grand Lagoon FL Properties: 1.1000%

📊 Average Income For Upper Grand Lagoon FL Commercial Property: $53,844

Investor Questions For Upper Grand Lagoon FL

Upper Grand Lagoon FL Real Estate & City Facts

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