When the economy is going great, commercial property investors could buy almost anything and still come out ahead. Until just a couple of years ago, if you were to buy a commercial property, you could increase rent prices almost yearly. Yet, even when commercial real estate opportunities involved buyer mistakes, the property's appreciation alone made
You can find commercial real estate in the Florida Keys from Key West to Key Largo. You'll find businesses for sale in the Florida Keys from retail stores to marinas and everything in between. Are you interested in purchasing an established restaurant in Key West? Maybe you want to own a bed and breakfast in
Commercial real estate and residential real estate are entirely different. It's important to choose an agent/broker who is familiar with the specifics of commercial real estate when buying or leasing commercial real estate. The two disciplines of real estate vary greatly. Commercial real estate is focused on real estate involving business. The predetermined objective of
Are you just beginning to look into commercial real estate and curious about the term, "cap rate"? As a formula, you divide the net operating income (NOI) of a rental property by the value of the property. Thats will give you a percentage. The percentage shows the annual rate of return on the rental property. You can
This weekend, February 2nd and February 3rd, is the 25th Annual Pigeon Key Art Festival. This festival is a great way to learn more about the Florida Keys, if you're thinking about buying commercial real estate in the Florida Keys. It's a two-day juried event. The Pigeon Key Art Festival attracts quality art purchasers and
Florida Statute 83.06 gives landlords some extra strength in the even that a tenant becomes a holdover tenant. A holdover tenant is a tenant that refuses to leave the premises at the end of a lease. In order to discourage this type of activity from a tenant the law provides multiple options. The landlord is
Landlords in Florida have the most primary duty and obligation to make sure the property is available to the lessee on the date stated on the lease. They also have other duties too though. Here are a few duties that commercial lessors in Florida must follow. The landlord has a "duty of quiet enjoyment." This
As a commercial landlord, you may eventually be forced to deal with your tenants' failing to pay rent. Should that happen, you do have a means of recourse. Obviously you can begin an eviction process. Yet, what about all of the missed rent payments? Do you, a commercial lessor, have to consider that a loss
A commercial real estate lease agreement in the Florida Keys will be crucial as a real estate investor. They can be, and should be, far more complicated that a lease on a residential unit. These must be handled with caution and we always suggest getting professional legal advice before signing a commercial lease agreement in
The first step in leasing commercial real estate is figuring out the parameters that you need for the property. There are so many commercial properties available in the Florida Keys. So, setting the parameters for the commercial real estate you will eventually rent will help narrow down your choices. Setting up your parameters before even
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