310 Gold Tree, 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 | |
|---|---|---|---|---|
| 7530 Pon Kan | Vacant Residential | 0 | L | |
| 7539 Ligustrum | Single Family | 1,390 | B |
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| 7524 Pon Kan | Single Family | 1,998 | C |
|
| 7533 Ligustrum | Single Family | 0 | B | |
| 313 Gold Tree | Single Family | 1,779 | B |
|
| 307 Gold Tree | Vacant Residential | 0 | L | |
| 319 Gold Tree | Single Family | 2,040 | C |
|
| 301 Gold Tree | Single Family | 2,007 | B |
|
| 7537 Ligustrum | Vacant Residential | 0 | L | |
| 7518 Pon Kan | Single Family | 2,321 | C |
|
| 325 Gold Tree | Vacant Residential | 0 | L | |
| 7531 Pon Kan | Single Family | 2,020 | C |
|
| 7538 Ligustrum | Single Family | 2,163 | B |
|
| 243 Gold Tree | Single Family | 1,837 | C |
|
| 7532 Ligustrum | Single Family | 1,737 | C |
|
| 7525 Pon Kan | Vacant Residential | 0 | L | |
| 7531 Ligustrum | Single Family | 1,864 | C |
|
| 7512 Pon Kan | Single Family | 1,643 | C |
|
| 331 Gold Tree | Single Family | 1,684 | B |
|
| 7536 Ligustrum | Single Family | 1,882 | C |
|
| 237 Gold Tree | Single Family | 2,014 | B |
|
| 334 Gold Tree | Single Family | 1,427 | C |
|
| 26380 Angelica Rd | Vacant Residential | 0 | L | |
| 26388 Angelica Rd | Single Family | 1,102 | C |
|
| 26372 Angelica Rd | Vacant Residential | 0 | L | |
| 7513 Pon Kan | Vacant Residential | 0 | L | |
| 7530 Ligustrum | Vacant Residential | 0 | L | |
| 26400 Angelica Rd | Single Family | 1,669 | C |
|
| 26364 Angelica Rd | Vacant Residential | 0 | L | |
| 7525 Ligustrum | Single Family | 1,965 | B |
|
| 337 Gold Tree | Single Family | 1,979 | B |
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| 7506 Pon Kan | Vacant Residential | 0 | L | |
| 26404 Angelica Rd | Vacant Residential | 0 | L | |
| 231 Gold Tree | Single Family | 1,538 | C |
|
| 7553 Paspalum | Single Family | 2,052 | B |
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| 7566 Dracena | Single Family | 1,843 | C |
|
| 26356 Angelica Rd | Vacant Residential | 0 | L | |
| 7547 Paspalum | Single Family | 1,950 | B |
|
| 7524 Ligustrum | Single Family | 1,958 | B |
|
| 7560 Dracena | Single Family | 2,075 | C |
|
| 7541 Paspalum | Single Family | 1,674 | B |
|
| 343 Gold Tree | Vacant Residential | 0 | L | |
| 26412 Angelica Rd | Vacant Residential | 0 | L | |
| 7519 Ligustrum | Vacant Residential | 0 | L | |
| 7554 Dracena | Single Family | 1,212 | C |
|
| 26348 Angelica Rd | Vacant Residential | 0 | L | |
| 7502 Pon Kan | Single Family | 1,605 | B |
|
| 7535 Paspalum | Vacant Residential | 0 | L | |
| 7507 Pon Kan | Vacant Residential | 0 | L |
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 60 of all properties in this area. This suggests it would appeal to someone earning around $65,069 per year who should qualify for a mortgage between $130,138 and $162,673.
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 60 of all properties in this area. This corresponds to a rent of $987 per month and a monthly household income of $3,356 ($40,272 per year)