25457 Terrain Ln, Punta Gorda
Charlotte County Real Estate - Port Charlotte
Port Charlotte is in South West Florida. It's population as recorded in the 2010 Census was 54,392.
The median age for residents of Port Charlotte is 50.1. Around 22.3% of Port Charlotte households include school aged children and 44.1% of households include individuals aged 65 years or over. Census records indicate 84.8% of the Port Charlotte population are White, 9.2% are Black or African American, .2% American Indian, 1.5% Asian and 2.2% are Two or more Races.
There are 29,408 housing units in Port Charlotte. 5,626 (19.1%) of these were reported as vacant in the 2010 Census. Port Charlotte is a tourist destination, 41.1% (2,316) of it's vacant housing units were classed as seasonal, recreational or for occasional use. There are 6,289 residential rental units in Port Charlotte. 5,457 of them were occupied in 2010 providing a residential rental vacancy rate of 12.6%.
Port Charlotte links:
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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 | |
---|---|---|---|---|
25470 Terrain Ln | Vacant Residential | 0 | L | |
25469 Terrain Ln | Vacant Residential | 0 | L | |
25476 Terrain Ln | Single Family | 1,909 | C | |
25431 Babette Ct | Single Family | 2,145 | B | |
25475 Terrain Ln | Single Family | 2,542 | B | |
25437 Babette Ct | Vacant Residential | 0 | L | |
25425 Babette Ct | Single Family | 1,788 | B | |
25474 Kowloon Ln | Vacant Residential | 0 | L | |
25484 Terrain Ln | Single Family | 1,822 | C | |
25483 Terrain Ln | Single Family | 1,751 | B | |
25485 Kowloon Ln | Vacant Residential | 0 | L | |
1817 Nuremberg Blvd | Single Family | 2,234 | B | |
1797 Nuremberg Blvd | Single Family | 2,239 | B | |
25428 Rupert Rd | Vacant Residential | 0 | L | |
25419 Babette Ct | Single Family | 1,918 | B | |
25444 Babette Ct | Single Family | 2,347 | C | |
25491 Terrain Ln | Single Family | 2,053 | B | |
25492 Terrain Ln | Single Family | 1,906 | B | |
1825 Nuremberg Blvd | Single Family | 2,145 | B | |
1789 Nuremberg Blvd | Single Family | 2,244 | B | |
25475 Kowloon Ln | Vacant Residential | 0 | L | |
25439 Rupert Rd | Single Family | 2,110 | B | |
25422 Rupert Rd | Vacant Residential | 0 | L | |
25430 Babette Ct | Vacant Residential | 0 | L | |
25418 Babette Ct | Single Family | 1,765 | C | |
25413 Babette Ct | Single Family | 1,403 | C | |
1833 Nuremberg Blvd | Single Family | 2,104 | B | |
25499 Terrain Ln | Single Family | 2,011 | B | |
1783 Nuremberg Blvd | Single Family | 2,035 | B | |
25500 Terrain Ln | Single Family | 2,087 | B | |
1447 Wassail Ln | Single Family | 1,810 | C | |
25460 Kowloon Ln | Single Family | 2,066 | B | |
1816 Nuremberg Blvd | Single Family | 2,003 | B | |
25467 Kowloon Ln | Single Family | 2,381 | B | |
1796 Nuremberg Blvd | Single Family | 2,013 | 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 65 of all properties in this area. This suggests it would appeal to someone earning around $69,709 per year who should qualify for a mortgage between $139,418 and $174,273.
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 65 of all properties in this area. This corresponds to a rent of $1,042 per month and a monthly household income of $3,549 ($42,588 per year)