Viera West, FL Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Viera West, Florida Market population: 7K. 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 Viera West FL Properties: 0.8900%

📊 Average Income For Viera West FL Commercial Property: $91,917

Investor Questions For Viera West FL

Common questions from investors exploring commercial real estate in Viera West FL.

What makes Viera West, FL an attractive market for real estate investment? +

The combination of a high median household income of $91,917, low poverty rate of 4.0%, and a diverse population with top ethnicities including White, White Non-Hispanic, and Hispanic, suggests a stable and growing market. Additionally, the strong employment rate of 2,957 and top industries in Finance & Insurance, and Real Estate & Rental & Leasing, indicate a solid foundation for investment. The 25.7-minute average commute time and high health insurance coverage rate of 96.1% also contribute to a desirable quality of life for residents.

How does the demographic makeup of Viera West, FL impact the rental market? +

The demographic makeup of Viera West, FL, with a median age of 42.8 and a foreign born rate of 10.3%, suggests a diverse and potentially stable rental market. The top industries in Finance & Insurance, and Real Estate & Rental & Leasing, also indicate a strong demand for housing. Furthermore, the low poverty rate of 4.0% and high health insurance coverage rate of 96.1% suggest a working-class market with employment stability, making it an attractive option for investors.

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

The average commute time of 25.7 minutes, top commute methods including driving alone and working from home, and high health insurance coverage rate of 96.1% all contribute to a desirable quality of life in Viera West, FL. These factors, combined with the low poverty rate of 4.0% and high median household income of $91,917, suggest a stable and attractive market for real estate investment. The diversity of the population, with top ethnicities including White, White Non-Hispanic, and Hispanic, also adds to the quality of life and potential for investment.

How does the economic profile of Viera West, FL impact the potential for real estate investment? +

The economic profile of Viera West, FL, with a median household income of $91,917, employed population of 2,957, and top industries in Finance & Insurance, and Real Estate & Rental & Leasing, suggests a strong and stable economy. The GINI coefficient of 0.358 indicates a relatively low level of income inequality, and the low poverty rate of 4.0% and high health insurance coverage rate of 96.1% also contribute to a desirable investment environment. The diversity of the population and the presence of top industries also indicate a potential for growth and development.

What are the key indicators of market stability in Viera West, FL, and how do they impact real estate investment? +

The key indicators of market stability in Viera West, FL include the low poverty rate of 4.0%, high health insurance coverage rate of 96.1%, and strong employment rate of 2,957. The median property value of $235,100 and median property taxes of $2,139 also suggest a stable and potentially appreciating market. Additionally, the diversity of the population, with top ethnicities including White, White Non-Hispanic, and Hispanic, and the presence of top industries in Finance & Insurance, and Real Estate & Rental & Leasing, indicate a potential for growth and development, making Viera West, FL an attractive option for real estate investment.

Viera West FL Real Estate & City Facts

Key facts and real estate information about Viera West FL.

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

Some of the best neighborhoods to live in Viera West include Adelaide, Summer Lakes, Reeling Park, Pangea Park, Modern Duran, Laurasia, Farallon Fields, Del Webb at Viera, Crossmolina, and Avalonia. These neighborhoods offer a range of housing options and amenities, and are popular among families and individuals alike.

What are some fun things to do in Viera West? +

Viera West has a lot to offer when it comes to things to do. You can visit the USSSA Space Coast Complex, go shopping at The Avenue Viera, or check out the Brevard Zoo. There are also plenty of great restaurants in the area, such as Urban Prime, Olive Tree Greek Grill, and Bacco Wine Cafe. If you're looking for outdoor activities, you can explore the Indian River Lagoon or go hiking at one of the many nearby parks.

What is the food scene like in Viera West? +

The food scene in Viera West is diverse and exciting. You can find everything from fine dining restaurants like The Chef's Table and Urban Prime, to casual eateries like Olive Tree Greek Grill and Bacco Wine Cafe. There are also plenty of great food trucks in the area, such as Taste Budz Food Truck. Whether you're in the mood for Mexican, Italian, or something else, you're sure to find something that suits your taste.

What are the pros and cons of living in Viera West? +

One of the pros of living in Viera West is its convenient location, with easy access to shopping, dining, and outdoor activities. The area is also known for its good schools and safe neighborhoods. However, some people may find the area to be a bit too suburban or quiet, and the traffic can get heavy during rush hour. Additionally, the summer months can be very hot and humid, which may be a challenge for some people. Overall, Viera West is a great place to live for those who value convenience, safety, and a relaxed atmosphere.

Is Viera West a good place to live? +

Yes, Viera West is a good place to live. It offers a unique blend of suburban charm and urban amenities, with plenty of things to do and see. The area is also known for its good schools, safe neighborhoods, and convenient location. While it may not be the best fit for everyone, Viera West is a great choice for those who value a relaxed atmosphere, plenty of outdoor activities, and a diverse range of dining and shopping options.

Viera West, 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 Viera West FL Properties: 0.8900%

📊 Average Income For Viera West FL Commercial Property: $91,917

Investor Questions For Viera West FL

Viera West FL Real Estate & City Facts

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