685 Macedonia Dr, Punta Gorda
Charlotte County Real Estate - Punta Gorda
Punta Gorda is in South West Florida. It's population as recorded in the 2010 Census was 16,641. Punta Gorda is approximately 26 miles from Cape Coral (population 154,305) and around 33 miles from Lehigh Acres (population 86,784).
The median age for residents of Punta Gorda is 64.1. Around 10.7% of Punta Gorda households include school aged children and 60.7% of households include individuals aged 65 years or over. Census records indicate 93.3% of the Punta Gorda population are White, 3.3% are Black or African American, .2% American Indian, 1.1% Asian and 1.3% are Two or more Races.
There are 11,580 housing units in Punta Gorda. 3,137 (27%) of these were reported as vacant in the 2010 Census. Punta Gorda is a tourist destination, 51.5% (1,616) of it's vacant housing units were classed as seasonal, recreational or for occasional use. There are 2,031 residential rental units in Punta Gorda. 1,608 of them were occupied in 2010 providing a residential rental vacancy rate of 19.3%.
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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 | |
|---|---|---|---|---|
| 689 Macedonia Dr | Vacant Residential | 0 | L | |
| 681 Macedonia Dr | Vacant Residential | 0 | L | |
| 677 Macedonia Dr | Single Family | 1,992 | B |
 |
| 680 Macedonia Dr | Single Family | 1,707 | B |
|
| 686 Macedonia Dr | Vacant Residential | 0 | L | |
| 690 Macedonia Dr | Single Family | 2,037 | B |
|
| 673 Macedonia Dr | Single Family | 2,498 | B |
|
| 695 Macedonia Dr | Single Family | 2,203 | B |
|
| 670 Macedonia Dr | Single Family | 2,069 | B |
|
| 696 Macedonia Dr | Single Family | 2,405 | C |
|
| 669 Macedonia Dr | Single Family | 2,414 | B |
|
| 705 Macedonia Dr | Vacant Residential | 0 | L | |
| 702 Macedonia Dr | Single Family | 2,083 | B |
|
| 665 Macedonia Dr | Vacant Residential | 0 | L | |
| 711 Macedonia Dr | Single Family | 0 | B | |
| 119 Antalya Ct | Vacant Residential | 0 | L | |
| 656 Macedonia Dr | Single Family | 2,290 | B |
|
| 760 Antalya Ct | Vacant Residential | 0 | L | |
| 708 Macedonia Dr | Single Family | 1,779 | C |
|
| 742 Antalya Ct | Single Family | 2,445 | B |
|
| 661 Macedonia Dr | Single Family | 2,303 | B |
|
| 736 Antalya Ct | Single Family | 1,779 | C |
|
| 717 Macedonia Dr | Single Family | 2,519 | 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 93 of all properties in this area. This suggests it would appeal to someone earning around $145,958 per year who should qualify for a mortgage between $291,916 and $364,895.
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 93 of all properties in this area. This corresponds to a rent of $1,812 per month and a monthly household income of $5,390 ($64,680 per year)