Tropical Gulf Acres Punta Gorda Real Estate - Tropical Gulf Acres Punta Gorda Homes For Sale | Zillow (2024)

FAQs

Is it cheap to live in Punta Gorda? ›

Punta Gorda, Florida's cost of living is 3% lower than the national average. The cost of living in any area can vary based on factors such as your career, its average salary and the real estate market of that area.

According to data from University of Virginia demographic researcher Hamilton Lombard, Punta Gorda is the third-fastest-growing small metro for in-migration in the country since 2020, averaging growth of 4.2% annually in new movers.

Affordable investment properties affordability are a staple of many Florida markets, but it is particularly true with the Punta Gorda housing forecast. Your return on investment will continue to increase over the time that you buy and hold your properties.

The per capita income in Punta Gorda in 2022 was $54,606, which is wealthy relative to Florida and the nation.

Under FEMA's guidance, the NFIP has instituted a rule that “prohibits improvements to a structure exceeding 50% of its market value unless the entire structure is brought into full compliance with current flood regulations.” This is otherwise known as the 50% Rule.

Flooding in Punta Gorda is caused by heavy rainfall that occurs in short periods of time, as is common during summer thunderstorms. However, the greatest flood threats come from the excessive rainfall that accompany coastal storms, tropical storms and hurricanes.

Punta Gorda has a extreme Wind Factor™ risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. It is most at risk from hurricanes.

Punta Gorda is a wonderful Southwest Florida destination for anyone looking for a peaceful and affordable place to retire. With its beautiful weather, serene atmosphere, and various amenities, Punta Gorda offers retirees a comfortable and enjoyable lifestyle.

Mindi Abair, jazz saxaphonist, said at a recent concert that she has a home in Punta Gorda. Drummer Steve Luongo, now head of the John Entwistle Foundation, lives in the area.

Can you drink the water in Punta Gorda? ›

For the latest quarter assessed by the U.S. EPA (January 2021 - March 2021), tap water provided by this water utility was in compliance with federal health-based drinking water standards.

Explore Punta Gorda, FL

There are 6 neighborhoods in Punta Gorda. Burnt Store Isles has a median listing home price of $685K, making it the most expensive neighborhood. Trabue Woods is the most affordable neighborhood, with a median listing home price of $299K.

Punta Gorda is located in Southwest Florida approximately 100 miles south of Tampa and 24 miles north of Fort Myers on beautiful Charlotte Harbor.

The chance of becoming a victim of either violent or property crime in Punta Gorda is 1 in 81. Based on FBI crime data, Punta Gorda is not one of the safest communities in America. Relative to Florida, Punta Gorda has a crime rate that is higher than 52% of the state's cities and towns of all sizes.

Mindi Abair, jazz saxaphonist, said at a recent concert that she has a home in Punta Gorda. Drummer Steve Luongo, now head of the John Entwistle Foundation, lives in the area.

Punta Gorda is seen as an ideal place to retire for the cost of living. This coastal town is surprisingly affordable compared to other areas on the shoreline of Florida. Properties on or near the water at inland prices of other Florida cities. Punta Gorda also offers a lower cost of daily living expenses.

How far is Punta Gorda from the beach? Punta Gorda is approximately 26 miles from Englewood Beach on Manasota Key, the main beach area. The drive is approximately 35-40 minutes on major thoroughfares.