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 
931 Bayard Ter Vacant Residential 0 L
943 Bayard Ter Vacant Residential 0 L
936 Red Bay Ter Vacant Residential 0 L
942 Red Bay Ter Vacant Residential 0 L
949 Bayard Ter Vacant Residential 0 L
924 Red Bay Ter Single Family 1,764 C
936 Bayard Ter Vacant Residential 0 L
942 Bayard Ter Vacant Residential 0 L
925 Bayard Ter Single Family 1,895 C
948 Red Bay Ter Vacant Residential 441 C
948 Bayard Ter Vacant Residential 0 L
930 Bayard Ter Single Family 1,708 B
918 Red Bay Ter Single Family 1,858 C
965 Bayard Ter Single Family 2,824 B
954 Bayard Ter Vacant Residential 0 L
954 Red Bay Ter Single Family 2,414 B
937 Red Bay Ter Single Family 1,922 C
937 Columbia Ter Vacant Residential 0 L
943 Columbia Ter Single Family 1,916 B
931 Red Bay Ter Vacant Residential 0 L
943 Red Bay Ter Single Family 1,752 C
918 Bayard Ter Single Family 1,172 C
931 Columbia Ter Vacant Residential 0 L
913 Bayard Ter Single Family 1,567 B
949 Columbia Ter Single Family 1,513 C
925 Red Bay Ter Vacant Residential 0 L
912 Red Bay Ter Single Family 1,859 C
949 Red Bay Ter Single Family 1,640 C
960 Bayard Ter Vacant Residential 0 L
925 Columbia Ter Vacant Residential 0 L
919 Red Bay Ter Single Family 2,266 B
912 Bayard Ter Single Family 1,165 C
919 Bayard Ter Vacant Residential 0 L
960 Red Bay Ter Single Family 1,936 B
955 Columbia Ter Single Family 2,937 B
919 Columbia Ter Vacant Residential 0 L
907 Bayard Ter Single Family 922 C
966 Bayard Ter Vacant Residential 0 L
906 Red Bay Ter Single Family 1,875 C
930 Phyllis Ter Single Family 1,341 B
936 Phyllis Ter Single Family 1,436 C
913 Red Bay Ter Vacant Residential 0 L
1097 Fleetwood Dr Vacant Residential 0 L
913 Columbia Ter Vacant Residential 0 L
906 Bayard Ter Vacant Residential 0 L
967 Bayard Ter Vacant Residential 0 L
924 Phyllis Ter Single Family 1,257 B
1081 Fleetwood Dr Single Family 1,954 B
1089 Fleetwood Dr Single Family 1,739 B

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 15 of all properties in this area. This suggests it would appeal to someone earning around $25,263 per year who should qualify for a mortgage between $50,526 and $63,158.

Annual Income Distribution - All Households (Brown), Renters (Blue)
0
10
20
30
40
50
60
70
80
90
100
$0
$23,415
$46,829
$70,244
$93,658
$25,263

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 15 of all properties in this area. This corresponds to a rent of $622 per month and a monthly household income of $2,138 ($25,656 per year)

Rent Range - Gross Monthly Income (Blue), Gross Rent (Green)
0
10
20
30
40
50
60
70
80
90
100
$164
$2,403
$4,643
$6,882
$9,121
$2,138
$622
Disclaimers and Disclosures

Public Records Data

The information on this page was compiled from public records. It is deemed reliable but not guaranteed to be an accurate snapshot of the property details at the time the snapshot was taken. All information should be independently verified.

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