Punta Gorda, Florida

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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Punta Gorda is located in Charlotte County. It has a population of approximately 16,641 people. The population increased 1.4% 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. Punta Gorda occupies 15.01 of the 680.28 square miles in Charlotte County. It had a population density of 1108.9 persons per square mile in 2010. This compared to 235.2 for the county, 350.6 for Florida and 87.4 for the country.

11.5% ( 11,580) of the 100,612 housing units in Charlotte County are in Punta Gorda (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.) Punta Gorda has a 79.8% 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
Punta Gorda 16,641 $2881.4%$59,090 11,580$313,400

Punta Gorda's medium household income in 2011 was $59,090. Charlotte County's medium household income was $45,112, which is lower than the medium income for Florida as a whole: $47,827. 11.1% of the population in Punta Gorda 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:

Punta Gorda 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 Punta Gorda. 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 $288 million, Punta Gorda's economic activity represents 12.58% of Charlotte County's $2,288MM in economic activity. Charlotte County represents 0.36% of the Florida economy.

Punta Gorda Economic Activity
ActivityValue (Millions)Percentage
Manufacturers shipments $0 0.0%
Merchant wholesaler sales $30 10.4%
Retail sales $233 80.9%
Accommodation and food services sales $25 8.7%
Total $288100%

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

Punta Gorda Real Estate

There are 38,799 properties in Punta Gorda. The following table shows a summary of them based on 2014 sales data.

Punta Gorda Real Estate by Usage
Usage TypeProperty Count%Sales CountMedian PriceMedian Price/FtSales FromTo
Agricultural 1,182 3.05 13 $1,000,000 $222March 1st, 2014September 1st, 2014
Commercial Property 0 0.00 0n/an/an/an/a
Government Property 214 0.55 0n/an/an/an/a
Health Care 6 0.02 1 $10,973,900 $86August 1st, 2014August 1st, 2014
Hotel & Motel 514 1.32 15 $124,900 $179February 1st, 2014August 1st, 2014
Industrial 448 1.15 24 $135,000 $50January 1st, 2014June 1st, 2014
Miscellaneous Property 45 0.12 0n/an/an/an/a
Mobile/Manufactured 1,830 4.72 105 $39,500 $38January 1st, 2014September 1st, 2014
Multifamily 621 1.60 44 $123,500 $58January 1st, 2014August 1st, 2014
Office 316 0.81 12 $397,500 $157February 1st, 2014August 1st, 2014
Residential 32,603 84.03 1,810 $138,750 $83January 1st, 2014September 1st, 2014
Residential Property 0 0.00 0n/an/an/an/a
Retail 771 1.99 34 $135,000 $69January 1st, 2014August 1st, 2014
Senior Housing 25 0.06 2 $23,026,200 $38August 1st, 2014August 1st, 2014
Special Purpose 196 0.51 4 $61,250 $37February 1st, 2014May 1st, 2014
Sports & Entertaining 28 0.07 1 $1,234,400 $660July 1st, 2014July 1st, 2014

Agricultural Real Estate in Punta Gorda, Florida

1,182( 3.05%) of the properties in Punta Gorda are classified as Agricultural. 13 of them sold between March 1st, 2014 and September 1st, 2014. The total value of these sales was $52,626,100. The median sales price was $1,000,000. In 2014 the median sales price for Agricultural in Punta Gorda was $222 per sq ft.

Commercial Real Estate in Punta Gorda, Florida

0( .00%) of the properties in Punta Gorda are classified as Commercial.

Government Real Estate in Punta Gorda, Florida

214( .55%) of the properties in Punta Gorda are classified as Government.

Health Care Real Estate in Punta Gorda, Florida

6( .02%) of the properties in Punta Gorda are classified as Health Care. 1 of them sold between August 1st, 2014 and August 1st, 2014. The total value of these sales was $10,973,900. The median sales price was $10,973,900. In 2014 the median sales price for Health Care in Punta Gorda was $86 per sq ft.

Hotel & Motel Real Estate in Punta Gorda, Florida

514( 1.32%) of the properties in Punta Gorda are classified as Hotel & Motel. 15 of them sold between February 1st, 2014 and August 1st, 2014. The total value of these sales was $5,511,000. The median sales price was $124,900. In 2014 the median sales price for Hotel & Motel in Punta Gorda was $179 per sq ft.

Industrial Real Estate in Punta Gorda, Florida

448( 1.15%) of the properties in Punta Gorda are classified as Industrial. 24 of them sold between January 1st, 2014 and June 1st, 2014. The total value of these sales was $4,410,900. The median sales price was $135,000. In 2014 the median sales price for A Class Industrial in Punta Gorda was $83 per sq ft, B Class properties sold for $50/ft and C Class $15/ft.

Miscellaneous Real Estate in Punta Gorda, Florida

45( .12%) of the properties in Punta Gorda are classified as Miscellaneous.

Mobile/Manufactured Real Estate in Punta Gorda, Florida

1,830( 4.72%) of the properties in Punta Gorda are classified as Mobile/Manufactured. 105 of them sold between January 1st, 2014 and September 1st, 2014. The total value of these sales was $5,906,600. The median sales price was $39,500. In 2014 the median sales price for A Class Mobile/Manufactured in Punta Gorda was $105 per sq ft, B Class properties sold for $38/ft and C Class $7/ft.

Multifamily Real Estate in Punta Gorda, Florida

621( 1.60%) of the properties in Punta Gorda are classified as Multifamily. 44 of them sold between January 1st, 2014 and August 1st, 2014. The total value of these sales was $8,900,700. The median sales price was $123,500. In 2014 the median sales price for A Class Multifamily in Punta Gorda was $116 per sq ft, B Class properties sold for $58/ft and C Class $5/ft.

Office Real Estate in Punta Gorda, Florida

316( .81%) of the properties in Punta Gorda are classified as Office. 12 of them sold between February 1st, 2014 and August 1st, 2014. The total value of these sales was $5,176,700. The median sales price was $397,500. In 2014 the median sales price for Office in Punta Gorda was $157 per sq ft.

Residential Real Estate in Punta Gorda, Florida

32,603( 84.03%) of the properties in Punta Gorda are classified as Residential. 1,810 of them sold between January 1st, 2014 and September 1st, 2014. The total value of these sales was $298,454,960. The median sales price was $138,750. In 2014 the median sales price for A Class Residential in Punta Gorda was $151 per sq ft, B Class properties sold for $83/ft and C Class $37/ft.

Residential Real Estate in Punta Gorda, Florida

0( .00%) of the properties in Punta Gorda are classified as Residential.

Retail Real Estate in Punta Gorda, Florida

771( 1.99%) of the properties in Punta Gorda are classified as Retail. 34 of them sold between January 1st, 2014 and August 1st, 2014. The total value of these sales was $18,580,600. The median sales price was $135,000. In 2014 the median sales price for A Class Retail in Punta Gorda was $208 per sq ft, B Class properties sold for $69/ft and C Class $35/ft.

Senior Housing Real Estate in Punta Gorda, Florida

25( .06%) of the properties in Punta Gorda are classified as Senior Housing. 2 of them sold between August 1st, 2014 and August 1st, 2014. The total value of these sales was $46,052,400. The median sales price was $23,026,200. In 2014 the median sales price for Senior Housing in Punta Gorda was $38 per sq ft.

Special Purpose Real Estate in Punta Gorda, Florida

196( .51%) of the properties in Punta Gorda are classified as Special Purpose. 4 of them sold between February 1st, 2014 and May 1st, 2014. The total value of these sales was $297,500. The median sales price was $61,250. In 2014 the median sales price for Special Purpose in Punta Gorda was $37 per sq ft.

Sports & Entertaining Real Estate in Punta Gorda, Florida

28( .07%) of the properties in Punta Gorda are classified as Sports & Entertaining. 1 of them sold between July 1st, 2014 and July 1st, 2014. The total value of these sales was $1,234,400. The median sales price was $1,234,400. In 2014 the median sales price for Sports & Entertaining in Punta Gorda was $660 per sq ft.

Punta Gorda, Charlotte County Market Data

Punta Gorda Real Estate
Property UsageProperty CountTotal Sq Ft
Agricultural 1,096 1,352,755
Government Property 208 3,851,684
Health Care 6 492,262
Hotel & Motel 324 736,132
Industrial 463 3,006,294
Land 30,824 251,089
Miscellaneous Property 49 578,825
Mobile/Manufactured 1,807 2,153,429
Multifamily 583 3,125,242
Office 296 1,562,474
Residential 33,129 57,565,953
Retail 444 3,594,407
Senior Housing 20 909,786
Special Purpose 162 1,220,533
Sports & Entertaining 26 193,867

Punta Gorda Median Property Values per Sq Ft

Punta Gorda Median Property Values per Sq Ft by Property Class
Property Class Class AClass BClass C
UsageYear SaleLease SaleLease SaleLease
Camp 2016 $175$24 $175$14 $175$8
Airport (private or commercial), bus terminal, marine terminal, pier or marina. 2016 $64$13 $52$9 $39$8
Auto sales, auto repair and storage or auto service shop 2016 $381$22 $141$11 $75$7
Centrally assessed 2016 $750$21 $140$12 $57$5
Church 2016 $450$13 $228$9 $130$8
Club, lodge or union hall 2016 $450$13 $228$9 $130$8
College 2016 $450$38 $228$18 $130$8
Community Shopping Center 2016 $381$22 $141$11 $75$7
Condominium 2016 $163$16 $113$16 $79$16
Cooperative 2016 $108$16 $80$16 $56$16
County Owned 2016 $450$38 $228$18 $130$8
Cropland soil capability Class II 2016 $450$21 $228$11 $130$5
Cultural organization, facility 2016 $450$13 $228$9 $130$8
Department Store 2016 $381$22 $141$11 $75$7
Drive-in Restaurant 2016 $381$22 $141$11 $75$7
Enclosed theater or auditorium 2014 $184$23 $74$14 $44$8
Federal Owned 2016 $87$38 $87$18 $87$8
Financial institution (bank, saving and loan company, mortgage company, credit services) 2016 $381$22 $141$11 $75$7
Florist or greenhouse 2016 $381$22 $141$11 $75$7
Forest, park or recreational area 2016 $450$38 $228$18 $130$8
Golf course or driving range 2016 $175$24 $175$14 $175$8
Government Undefined 2016 $450$38 $228$18 $130$8
Grazing land soil capability Class IV 2016 $450$21 $228$11 $130$5
Home for the aged 2016 $450$15 $228$10 $130$9
Hotel or motel 2016 $439$33 $110$33 $21$33
Improved agricultural 2016 $450$21 $228$11 $130$5
Leasehold interests (government owned property leased by a non-governmental lessee) 2016 $87$21 $87$12 $87$5
Light manufacturing 2016 $439$8 $110$6 $21$6
Lumber yard, sawmill or planing mill 2016 $439$8 $110$6 $21$6
Mineral processing, cement plant,refinery, clay plants or gravel plant 2016 $439$8 $110$6 $21$6
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$22 $141$11 $75$7
Mobile Home 2016 $95$6 $46$6 $19$6
Mortuary, cemetery or crematorium 2016 $450$13 $228$9 $130$8
Multi-family - 10 units or more 2016 $95$12 $46$8 $19$4
Multi-family - less than 10 units 2016 $94$12 $65$8 $52$4
Municipal Owned 2016 $87$38 $87$18 $87$8
Nightclub, cocktail lounge or bar 2016 $175$24 $175$14 $175$8
Office building, non-professional service building, multi-story 2016 $381$17 $141$12 $75$8
Office building, non-professional service building, one story 2016 $381$17 $141$12 $75$8
Open storage (building supplies, auto wrecking, fuel, equipment or material storage) 2016 $192$8 $70$6 $50$6
Orchard Groves, Citrus, etc. 2016 $450$21 $228$11 $130$5
Ornamentals, miscellaneous agricultural 2016 $450$21 $228$11 $130$5
Orphanage, other non-profit or charitable services 2014 $73$13 $38$7 $38$7
Parking lot (commercial or patron) or mobile home park 2012 $231$0 $68$0 $40$0
Poultry, bees, tropical fish, rabbits, etc. 2016 $450$21 $228$11 $130$5
Private school or college 2016 $450$13 $228$9 $130$8
Privately owned hospital 2016 $450$25 $228$17 $130$11
Professional service building 2016 $225$17 $84$12 $64$8
Public county school 2016 $450$38 $228$18 $130$8
Repair service shop (excluding automotive) 2016 $381$22 $141$11 $75$7
Restaurant, cafeteria 2016 $381$22 $141$11 $75$7
Retirement Home not eligible for exemption. 2016 $108$15 $80$10 $56$9
Sanitarium or convalescent rest home 2016 $450$25 $228$17 $130$11
Single Family 2016 $196$16 $114$16 $77$16
State Owned 2016 $87$38 $87$18 $87$8
Store, one story 2016 $381$22 $141$11 $75$7
Supermarket 2016 $381$22 $141$11 $75$7
Timberland - site index 80 to 89 2016 $450$21 $228$11 $130$5
Timberland not classified by site index to Pines 2014 $538$22 $109$9 $76$5
Tourist attraction, permanent exhibit or other entertainment facilities 2016 $175$24 $175$14 $175$8
Undefined - Reserved for Use by Department of Revenue 2016 $94$16 $65$16 $52$16
Utility 2016 $87$21 $87$12 $87$5
Warehousing, distribution terminal, trucking terminal, or van and storage warehousing 2016 $192$8 $70$6 $50$6