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).

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

AddressTypeSq FtClass 
20384 Tappan Zee Dr Vacant Residential 0 L
20207 Peachland Blvd Single Family 1,632 B
20217 Peachland Blvd Vacant Residential 0 L
20368 Tappan Zee Dr Single Family 1,204 C
20392 Tappan Zee Dr Single Family 931 C
20225 Peachland Blvd Vacant Residential 0 L
1042 Veronica St Single Family 2,089 B
20391 Tappan Zee Dr Single Family 1,299 C
1041 Veronica St Vacant Residential 0 L
20360 Tappan Zee Dr Single Family 898 C
20233 Peachland Blvd Single Family 1,241 C
20400 Tappan Zee Dr Single Family 1,407 C
1053 Veronica St Vacant Residential 0 L
20352 Tappan Zee Dr Single Family 1,242 C
1042 Sanger St Vacant Residential 0 L
1053 Orton St Single Family 2,216 B
20241 Peachland Blvd Vacant Residential 0 L
1062 Veronica St Single Family 1,319 C
1042 Orton St Single Family 1,416 B
1061 Veronica St Vacant Residential 0 L
1054 Sanger St Single Family 1,180 C
20344 Tappan Zee Dr Single Family 912 C
20416 Tappan Zee Dr Single Family 1,050 C
20249 Peachland Blvd Vacant Residential 1,120 L
1070 Veronica St Vacant Residential 0 L
20236 Peachland Blvd Single Family 1,970 C
1062 Sanger St Single Family 1,115 C
1062 Orton St Single Family 1,547 B
1069 Veronica St Single Family 910 C
1041 Bristol St Single Family 894 C
20336 Tappan Zee Dr Single Family 1,204 C

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 8 of all properties in this area. This suggests it would appeal to someone earning around $17,978 per year who should qualify for a mortgage between $35,956 and $44,945.

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 8 of all properties in this area. This corresponds to a rent of $512 per month and a monthly household income of $1,873 ($22,476 per year)

Disclaimers and Disclosures

Public Records Data

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