Port Charlotte, Florida

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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My name is Sue Goldthorp. I am a real estate broker and co-founder of Visulate. Drop me a line if you would like me to help you buy or sell a property in Port Charlotte, Florida.

Port Charlotte is located in Charlotte County. It has a population of approximately 54,392 people. The population increased X from 2010 to 2012. This compared to a 2.7% increase for the State of Florida, 1.5% for Charlotte County and a 1.7% increase for the country as a whole. Port Charlotte occupies 28.43 of the 680.28 square miles in Charlotte County. It had a population density of 1913.3 persons per square mile in 2010. This compared to 235.2 for the county, 350.6 for Florida and 87.4 for the country.

29.2% ( 29,408) of the 100,612 housing units in Charlotte County are in Port Charlotte (a housing unit is defined by the US Census Bureau as a house, apartment, mobile home, group of rooms, or single room that is occupied as separate living quarters.) Port Charlotte has a 77.2% homeownership rate compared to Charlotte County's 80.3% homeownership rate and Florida's rate of 69.0%.

Economic Indicators
RegionPopulation
2010
Economic Activity
2007 (Millions)
Population Growth
2010 to 2012
Median Household
Income 2011
Housing
Units
Median Price
2007 to 2011
United States 313,914,040 $14,025,202 1.7% $52,762 132,312,404 $186,200
Florida 18,801,310 $630,738 2.7% $47,827 9,026,965 $188,600
Charlotte County 159,978 $2,288 1.5% $45,112 100,612 $166,700
Port Charlotte 54,392 $493X$40,614 29,408$144,300

Port Charlotte's medium household income in 2011 was $40,614. Charlotte County's medium household income was $45,112, which is lower than the medium income for Florida as a whole: $47,827. 14.0% of the population in Port Charlotte lives below the poverty line, compared to 14.7% in Florida, 11.4% of the population in Charlotte County and 14.3% nationwide. Additional Information:

Port Charlotte Economic Activity

The U.S. Bureau of the Census, Economic Census, 2007 calculated the total value manufacturing, merchant wholesaler, retail sales and food service sales in Port Charlotte. The Census measured activity of large and medium-sized firms during calendar year 2007. It does not include every aspect of the economy but can be used as a measure of economic activity.

At $493 million, Port Charlotte's economic activity represents 21.55% of Charlotte County's $2,288MM in economic activity. Charlotte County represents 0.36% of the Florida economy.

Port Charlotte Economic Activity
ActivityValue (Millions)Percentage
Manufacturers shipments $0 0.0%
Merchant wholesaler sales $42 8.4%
Retail sales $452 91.6%
Accommodation and food services sales $0 0.0%
Total $493100%

Charlotte County Regional Comparisons

Economic Indicators
CityPopulation
2010
Economic Activity
2007 (Millions)
Population Growth
2010 to 2012
Median Household
Income 2011
Housing
Units
Median Price
2007 to 2011
Englewood 14,863 $311X$38,433 10,942$144,400
Port Charlotte 54,392 $493X$40,614 29,408$144,300
Punta Gorda 16,641 $2881.4%$59,090 11,580$313,400
Rotonda West 8,759 $1X$48,487 6,581$211,600

Charlotte County is located in Southwest Florida. This region is responsible for 3.9% of Florida's economic activity. Charlotte County represents 9.3% of the region's economy.

Economic Indicators
RegionPopulation
2010
Economic Activity
2007 (Millions)
Population Growth
2010 to 2012
Median Household
Income 2011
Housing
Units
Median Price
2007 to 2011
Charlotte County 159,978 $2,288 1.5% $45,112 100,612 $166,700
Lee County 618,754 $13,839 4.3% $49,444 372,117 $181,000
Collier County 321,520 $8,479 3.4% $56,876 198,423 $317,200
Total 1,140,169 $24,606 3.1% $50,477 671,152 $221,633

Port Charlotte Real Estate

There are 38,927 properties in Port Charlotte. The following table shows a summary of them based on 2014 sales data.

Port Charlotte Real Estate by Usage
Usage TypeProperty Count%Sales CountMedian PriceMedian Price/FtSales FromTo
Commercial Property 0 0.00 0n/an/an/an/a
Government Property 115 0.30 0n/an/an/an/a
Health Care 7 0.02 0n/an/an/an/a
Hotel & Motel 227 0.58 7 $8,000 $40February 1st, 2014May 1st, 2014
Industrial 349 0.90 10 $128,900 $97February 1st, 2014September 1st, 2014
Miscellaneous Property 25 0.06 0n/an/an/an/a
Mobile/Manufactured 910 2.34 52 $62,450 $75January 1st, 2014September 1st, 2014
Multifamily 224 0.58 12 $109,700 $40January 1st, 2014September 1st, 2014
Office 487 1.25 25 $175,000 $69January 1st, 2014September 1st, 2014
Residential 35,587 91.42 2,315 $86,000 $65January 1st, 2014September 1st, 2014
Residential Property 0 0.00 0n/an/an/an/a
Retail 881 2.26 28 $129,450 $73January 1st, 2014September 1st, 2014
Senior Housing 29 0.07 2 $132,500 $68July 1st, 2014August 1st, 2014
Special Purpose 60 0.15 1 $475,000 $79May 1st, 2014May 1st, 2014
Sports & Entertaining 26 0.07 0n/an/an/an/a

Commercial Real Estate in Port Charlotte, Florida

0( .00%) of the properties in Port Charlotte are classified as Commercial.

Government Real Estate in Port Charlotte, Florida

115( .30%) of the properties in Port Charlotte are classified as Government.

Health Care Real Estate in Port Charlotte, Florida

7( .02%) of the properties in Port Charlotte are classified as Health Care.

Hotel & Motel Real Estate in Port Charlotte, Florida

227( .58%) of the properties in Port Charlotte are classified as Hotel & Motel. 7 of them sold between February 1st, 2014 and May 1st, 2014. The total value of these sales was $3,069,000. The median sales price was $8,000. In 2014 the median sales price for Hotel & Motel in Port Charlotte was $40 per sq ft.

Industrial Real Estate in Port Charlotte, Florida

349( .90%) of the properties in Port Charlotte are classified as Industrial. 10 of them sold between February 1st, 2014 and September 1st, 2014. The total value of these sales was $1,894,000. The median sales price was $128,900. In 2014 the median sales price for Industrial in Port Charlotte was $97 per sq ft.

Miscellaneous Real Estate in Port Charlotte, Florida

25( .06%) of the properties in Port Charlotte are classified as Miscellaneous.

Mobile/Manufactured Real Estate in Port Charlotte, Florida

910( 2.34%) of the properties in Port Charlotte are classified as Mobile/Manufactured. 52 of them sold between January 1st, 2014 and September 1st, 2014. The total value of these sales was $3,290,500. The median sales price was $62,450. In 2014 the median sales price for A Class Mobile/Manufactured in Port Charlotte was $102 per sq ft, B Class properties sold for $75/ft and C Class $34/ft.

Multifamily Real Estate in Port Charlotte, Florida

224( .58%) of the properties in Port Charlotte are classified as Multifamily. 12 of them sold between January 1st, 2014 and September 1st, 2014. The total value of these sales was $1,386,800. The median sales price was $109,700. In 2014 the median sales price for Multifamily in Port Charlotte was $40 per sq ft.

Office Real Estate in Port Charlotte, Florida

487( 1.25%) of the properties in Port Charlotte are classified as Office. 25 of them sold between January 1st, 2014 and September 1st, 2014. The total value of these sales was $13,539,900. The median sales price was $175,000. In 2014 the median sales price for A Class Office in Port Charlotte was $244 per sq ft, B Class properties sold for $69/ft and C Class $10/ft.

Residential Real Estate in Port Charlotte, Florida

35,587( 91.42%) of the properties in Port Charlotte are classified as Residential. 2,315 of them sold between January 1st, 2014 and September 1st, 2014. The total value of these sales was $263,802,200. The median sales price was $86,000. In 2014 the median sales price for A Class Residential in Port Charlotte was $116 per sq ft, B Class properties sold for $65/ft and C Class $32/ft.

Residential Real Estate in Port Charlotte, Florida

0( .00%) of the properties in Port Charlotte are classified as Residential.

Retail Real Estate in Port Charlotte, Florida

881( 2.26%) of the properties in Port Charlotte are classified as Retail. 28 of them sold between January 1st, 2014 and September 1st, 2014. The total value of these sales was $23,241,600. The median sales price was $129,450. In 2014 the median sales price for A Class Retail in Port Charlotte was $130 per sq ft, B Class properties sold for $73/ft and C Class $26/ft.

Senior Housing Real Estate in Port Charlotte, Florida

29( .07%) of the properties in Port Charlotte are classified as Senior Housing. 2 of them sold between July 1st, 2014 and August 1st, 2014. The total value of these sales was $265,000. The median sales price was $132,500. In 2014 the median sales price for Senior Housing in Port Charlotte was $68 per sq ft.

Special Purpose Real Estate in Port Charlotte, Florida

60( .15%) of the properties in Port Charlotte are classified as Special Purpose. 1 of them sold between May 1st, 2014 and May 1st, 2014. The total value of these sales was $475,000. The median sales price was $475,000. In 2014 the median sales price for Special Purpose in Port Charlotte was $79 per sq ft.

Sports & Entertaining Real Estate in Port Charlotte, Florida

26( .07%) of the properties in Port Charlotte are classified as Sports & Entertaining.

Port Charlotte, Charlotte County Market Data

Port Charlotte Real Estate
Property UsageProperty CountTotal Sq Ft
Agricultural 1 0
Government Property 126 1,655,058
Health Care 7 756,547
Hotel & Motel 174 218,167
Industrial 329 1,771,858
Land 58,422 62,753
Miscellaneous Property 27 65,167
Mobile/Manufactured 908 821,557
Multifamily 221 1,077,918
Office 437 1,815,202
Residential 36,062 56,252,079
Retail 533 5,468,583
Senior Housing 22 630,733
Special Purpose 59 979,259
Sports & Entertaining 24 196,558

Port Charlotte Median Property Values per Sq Ft

Port Charlotte Median Property Values per Sq Ft by Property Class
Property Class Class AClass BClass C
UsageYear SaleLease SaleLease SaleLease
Airport (private or commercial), bus terminal, marine terminal, pier or marina. 2016 $225$15 $84$12 $64$8
Auto sales, auto repair and storage or auto service shop 2016 $381$15 $141$10 $75$8
Bowling alley, skating rink, pool hall or enclosed arena 2016 $381$37 $141$17 $75$7
Church 2016 $64$15 $52$12 $39$8
Club, lodge or union hall 2016 $64$15 $52$12 $39$8
Community Shopping Center 2016 $381$15 $141$10 $75$8
Condominium 2016 $126$16 $88$16 $58$16
County Owned 2016 $64$25 $52$14 $39$9
Cultural organization, facility 2016 $64$15 $52$12 $39$8
Department Store 2016 $381$15 $141$10 $75$8
Drive-in Restaurant 2016 $381$15 $141$10 $75$8
Federal Owned 2016 $64$25 $52$14 $39$9
Financial institution (bank, saving and loan company, mortgage company, credit services) 2016 $381$15 $141$10 $75$8
Florist or greenhouse 2016 $381$15 $141$10 $75$8
Forest, park or recreational area 2016 $64$25 $52$14 $39$9
Golf course or driving range 2016 $381$37 $141$17 $75$7
Government Undefined 2016 $64$25 $52$14 $39$9
Home for the aged 2016 $64$15 $52$11 $39$9
Hospital 2016 $64$25 $52$14 $39$9
Hotel or motel 2016 $381$33 $141$33 $75$33
Insurance company office 2016 $381$15 $141$12 $75$9
Leasehold interests (government owned property leased by a non-governmental lessee) 2016 $64$42 $52$15 $39$6
Light manufacturing 2016 $381$7 $141$7 $75$5
Mineral processing, cement plant,refinery, clay plants or gravel plant 2016 $381$7 $141$7 $75$5
Miscellaneous Residential (migrant camp or boarding home.) 2016 $439$33 $110$33 $21$33
Mixed use - store and office or store and residential or residential combination 2016 $381$15 $141$10 $75$8
Mobile Home 2016 $139$6 $91$6 $60$6
Mortuary, cemetery or crematorium 2016 $64$15 $52$12 $39$8
Multi-family - 10 units or more 2016 $139$10 $91$8 $60$6
Multi-family - less than 10 units 2016 $104$10 $71$8 $52$6
Municipal Owned 2016 $64$25 $52$14 $39$9
Nightclub, cocktail lounge or bar 2016 $381$37 $141$17 $75$7
Office building, non-professional service building, multi-story 2016 $225$15 $84$12 $64$9
Office building, non-professional service building, one story 2016 $225$15 $84$12 $64$9
Open storage (building supplies, auto wrecking, fuel, equipment or material storage) 2016 $100$7 $63$7 $44$5
Orphanage, other non-profit or charitable services 2016 $64$15 $52$12 $39$8
Poultry, bees, tropical fish, rabbits, etc. 2016 $100$27 $63$15 $44$9
Private school or college 2016 $64$15 $52$12 $39$8
Privately owned hospital 2016 $64$25 $52$17 $39$11
Professional service building 2016 $225$15 $84$12 $64$9
Public county school 2016 $64$25 $52$14 $39$9
Regional Shopping Center 2016 $381$15 $141$10 $75$8
Repair service shop (excluding automotive) 2015 $366$15 $84$10 $56$8
Restaurant, cafeteria 2016 $381$15 $141$10 $75$8
Retirement Home not eligible for exemption. 2016 $61$15 $61$11 $61$9
Sanitarium or convalescent rest home 2016 $64$25 $52$17 $39$11
Service station 2014 $184$13 $74$8 $44$7
Single Family 2016 $140$16 $95$16 $64$16
State Owned 2016 $64$25 $52$14 $39$9
Store, one story 2016 $381$15 $141$10 $75$8
Supermarket 2016 $381$15 $141$10 $75$8
Tourist attraction, permanent exhibit or other entertainment facilities 2016 $381$37 $141$17 $75$7
Undefined - Reserved for Use by Department of Revenue 2016 $104$16 $71$16 $52$16
Utility 2016 $64$42 $52$15 $39$6
Warehousing, distribution terminal, trucking terminal, or van and storage warehousing 2016 $100$7 $63$7 $44$5
Wholesale outlet, produce house or manufacturing outlet 2016 $381$15 $141$10 $75$8