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Punta Gorda, FL Investment Data and Rental Metrics
Investment Data & Rental Metrics
LTR & STR financial performance, market growth indicators, and school ratings.
LTR Financial Performance
Median Price
LTR Rent
$2,058
Monthly Cash Flow
-$122
Principal + Equity
$1,794
Annual Total Gain
$20,061
Cash on Cash
-1.73%
Net ROI %
STR Financial Performance
Median Price
Avg. Daily Rate
$217
Occupancy Rate
56.52%
Monthly Revenue
$2,398
Monthly Cash Flow
-$142
Principal + Equity
$1,794
Annual Total Gain
$19,828
Cash on Cash %
-2%
Net ROI %
Market Health & Growth
Median Income
$79,291
Population
19,886
LTR Renter %
16.89%
Forecast (1 yr)
-1.88%
Appreciation (1 yr)
-12.63%
Appreciation (5 yr)
29.95%
Appreciation (10 yr)
69.64%
Job Growth
5.72%
LTR Rentability
Very High
STR Demand
65
STR Rentals
1,122
Top Public Schools
AFlorida Southwestern Collegiate High School
BSallie Jones Elementary School
B
B
B-
Market Grades and Information
Best Places to Live Ranking
Public school quality, cost of living, commute, and lifestyle ratings.
B
Overall
Top-level market grade
Best Places to Live in Florida
#601out of 1195 markets
Best Places to Retire in Florida
#90out of 660 markets
Places with the Best Public Schools in Florida
#226out of 660 markets
B
Public School
B-
Crime And Safety
C-
Housing
C
Nightlife
B-
Good For Families
Diversity
Jobs
Weather
Cost Of Living
Health And Fitness
Outdoor Activities
Commute
Short-Term Rental (STR) Regulations
Local rules and guidelines for operating short-term rentals in Punta Gorda, FL.
In Punta Gorda, FL, Short Term Rentals (STRs) are regulated by the city's Code Enforcement Division. Investors looking to purchase a property for short term rental purposes should be aware of the following regulations:
1. Zoning Restrictions: Punta Gorda has specific zoning regulations that dictate where STRs are allowed to operate. Investors should ensure that the property they are interested in purchasing is located in a zone that permits short term rentals.
2. Licensing and Permits: Property owners must obtain a Short Term Rental License from the city in order to legally operate a STR. This license must be renewed annually and failure to obtain one can result in fines and penalties.
3. Occupancy Limits: Punta Gorda has occupancy limits for STRs, which vary depending on the size of the property. Investors should be aware of these limits and ensure that they comply with them.
4. Noise and Nuisance Regulations: Property owners are responsible for ensuring that their guests do not create excessive noise or disturbances that may disrupt the peace and quiet of the neighborhood. Failure to comply with noise regulations can result in fines and penalties.
5. Taxation: Property owners are required to collect and remit tourist development taxes on short term rental stays. Investors should be aware of these tax obligations and ensure that they are properly accounted for.
6. Safety and Building Code Compliance: Property owners must ensure that their STRs comply with all safety and building codes. This includes having working smoke detectors, fire extinguishers, and other safety measures in place.
Overall, investors looking to purchase a property for short term rental purposes in Punta Gorda, FL should familiarize themselves with the city's regulations and ensure that they are in compliance in order to avoid potential fines and penalties.
Market Trends Over Time
Explore 25 years of market data for Punta Gorda, FL, including median property prices, long-term rental rates, and days on market — identify growth potential and gauge market stability.
Median Price
Median Rent
Days on Market
Nearest Markets
Explore nearby investment markets close to Punta Gorda, FL.
The LTR Genie Score of Punta Gorda, FL is 68 and STR Genie Score is 57, indicating a high and moderate level of attractiveness for long-term rental and short-term rental investments, respectively. The LTR Rentability is very high, contributing to the high LTR Genie Score, while the STR Genie Score is slightly lower due to a lower occupancy rate and revenue compared to the long-term rental market.
Punta Gorda, FL is a charming waterfront city known for its historic district, outdoor recreational activities, and vibrant arts community. The city offers a mix of residential neighborhoods and vacation rental opportunities, making it a diverse market for real estate investors to consider.
Considering the metrics provided, Punta Gorda, FL seems to be a more attractive market for long-term rental investment due to its high LTR Rentability and Net ROI. However, investors may also find opportunities in the short-term rental market, especially if they can improve occupancy rates and revenue. Overall, Punta Gorda, FL appears to be a promising location for real estate investors looking to capitalize on both long-term and short-term rental opportunities.
LTR Genie Score 93
$210,000
🛏 3 Beds🛁 2.0000 Baths🏙 1,415 sqft.🏠 SINGLE FAMILY