Home to an attractive Historic District, Punta Gorda is a popular destination for new residents in Florida. It’s located along the Gulf of Mexico, and it is known for its incredible boating and fishing opportunities.
Punta Gorda also offers great shopping and plenty of outdoor activities for residents to enjoy. With beautiful beaches nearby, a booming economy, and the old-Florida charm many seek, Punta Gorda is prime for growth.
Many properties throughout the area offer amazing water views, and you simply cannot beat the climate. Several state parks and golf courses are found throughout the area, too. Punta Gorda has become a very attractive community for those relocating to Florida, making it a prime opportunity for investors.
Rental Potential in Punta Gorda
The high job growth rate of the past year and the expected growth rate of nearly 39% over the next ten years make Punta Gorda a great option for investors. It’s expected to be one of the fastest-growing communities and offers a large tenant pool with nearly 20% of residents renting.
Along with the growth rate and the tenant pool, Punta Gorda offers an affordable real estate market. This provides a prime opportunity for investors using the buy and hold strategy to gain a nice long-term ROI.
Offering multiple build-to-rent projects. Southern Impression Homes has partnered with SunCoast Property Management to make investing easier. We build properties in prime rental areas with the right features to attract the best tenants Our new construction build-to-rent projects offer a much better option compared to turnkey homes.
Investors gain a lower vacancy rate and higher rental growth rates. With the help of SunCoast Property Management, investors can relax and watch their investments mature. If you’re looking for an easier way to buy and hold rental properties, our team is ready to help you.