488 Hippel St, Port Charlotte
Charlotte County Real Estate - Murdock
Murdock is in South West Florida. Murdock is approximately 33 miles from Cape Coral (population 154,305) and around 42 miles from Lehigh Acres (population 86,784).
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Charlotte County
Charlotte County is located in the southwest region of Florida, along with Lee and Collier County. The only incorporated municipality in Charlotte County is Punta Gorda. Other neighborhoods include Port Charlotte, Grove City, Rotonda, Cleveland, South Punta Gorda Heights, and Pirate Harbor. The county has a population in excess of 150,000.
The top industries providing employment are educational, health and social services; retail trade; arts, entertainment, recreation, accommodation and food services; and construction. Targeted industries for Charlotte County are manufacturing, communications & production of communications equipment, back office operations, marine and related industries, aircraft and avionics related industries, aquaculture and related support industries, and green technology industries. Major private sector employers in Charlotte County include Wal-Mart, Peace River Regional Medical Center, Charlotte Regional Medical Center, Publix Supermarkets, and Fawcett Memorial Hospital Inc. Top public sector employers are Charlotte County School Board, Board of County Commissioners, Charlotte County Sheriff's Office, and Charlotte Correctional Institute.
The county seat of Punta Gorda is home to over 15,000. Phosphate mining is an important part of the region?s economy. It used to be that phosphate was shipped down the Peace River to the city, but the railroad extension to Port Boca Grande headed off the need for that transit. Today, Punta Gorda?s economy is reliant on healthcare and tourism.
Neighboring Properties
| Address | Type | Sq Ft | Class | |
|---|---|---|---|---|
| 492 Hippel St | Single Family | 1,044 | C |
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| 484 Hippel St | Single Family | 1,044 | C |
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| 496 Hippel St | Single Family | 912 | C |
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| 20049 Isobar Ave | Single Family | 1,044 | C |
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| 20050 Sancraft Ave | Single Family | 1,044 | C |
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| 476 Hippel St | Single Family | 1,044 | C |
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| 20045 Isobar Ave | Single Family | 1,038 | C |
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| 560 Rose Apple Cir | Single Family | 1,391 | C |
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| 500 Hippel St | Single Family | 1,044 | C |
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| 20044 Sancraft Ave | Single Family | 1,038 | C |
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| 556 Rose Apple Cir | Single Family | 1,105 | C |
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| 564 Rose Apple Cir | Single Family | 1,490 | C |
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| 552 Rose Apple Cir | Single Family | 1,422 | C |
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| 20050 Isobar Ave | Single Family | 1,038 | C |
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| 472 Hippel St | Single Family | 912 | C |
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| 20053 Sancraft Ave | Single Family | 1,038 | C |
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| 20041 Isobar Ave | Single Family | 1,044 | C |
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| 20040 Sancraft Ave | Single Family | 912 | C |
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| 20044 Isobar Ave | Single Family | 1,038 | C |
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| 20049 Sancraft Ave | Single Family | 1,038 | C |
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| 576 Rose Apple Cir | Single Family | 1,345 | C |
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| 468 Hippel St | Single Family | 1,038 | C |
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| 20037 Isobar Ave | Single Family | 1,038 | C |
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| 548 Rose Apple Cir | Single Family | 1,454 | C |
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| 20045 Sancraft Ave | Single Family | 912 | C |
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| 20036 Sancraft Ave | Single Family | 1,038 | C |
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| 471 Hippel St | Single Family | 1,144 | C |
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| 20040 Isobar Ave | Single Family | 1,038 | C |
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| 580 Rose Apple Cir | Single Family | 1,411 | C |
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| 464 Hippel St | Single Family | 1,572 | C |
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| 20041 Sancraft Ave | Single Family | 1,038 | C |
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| 20033 Isobar Ave | Single Family | 1,038 | C |
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| 20032 Sancraft Ave | Single Family | 1,044 | C |
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| 561 Rose Apple Cir | Single Family | 1,356 | C |
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| 467 Hippel St | Single Family | 1,038 | C |
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| 565 Rose Apple Cir | Single Family | 1,337 | C |
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| 549 Rose Apple Cir | Single Family | 1,073 | C |
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| 569 Rose Apple Cir | Single Family | 1,422 | C |
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| 573 Rose Apple Cir | Vacant Residential | 0 | L | |
| 20037 Sancraft Ave | Single Family | 1,038 | C |
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| 468 Insull Ct | Single Family | 912 | C |
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| 460 Hippel St | Single Family | 1,532 | C |
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| 20029 Isobar Ave | Single Family | 912 | C |
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| 20028 Sancraft Ave | Single Family | 1,532 | C |
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| 577 Rose Apple Cir | Single Family | 1,332 | C |
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| 463 Hippel St | Single Family | 1,038 | C |
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| 540 Rose Apple Cir | Vacant Residential | 0 | L | |
| 588 Rose Apple Cir | Single Family | 1,332 | C |
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Local Household Income
The median household income in this part of Florida is $54,839. The bottom 10% of the population earn less than $20,497 per year. The top 10% earn more than $125,742 per year. The top 1% earn more than $399,493 per year. Most renters earn between $26,976 (20th percentile) and $50,376 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $109,678 and $137,098.
The tax assessed value of this property places it in percentile 19 of all properties in this area. This suggests it would appeal to someone earning around $28,873 per year who should qualify for a mortgage between $57,746 and $72,183.
Source: US Census American Community Survey - 2008-2012 ACS 5-year PUMS estimates
Local Rents
The median monthly rent in this part of Florida is $910. Most renters earn between $2,248 and $4,198 per month. They typically spend 33% of their monthly income on rent. Most rents fall in the $670 (20th percentile) to $1,270 (80th percentile) range. The residential vacancy rate is 9%.
This property falls in percentile 19 of all properties in this area. This corresponds to a rent of $664 per month and a monthly household income of $2,222 ($26,664 per year)
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