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Real Estate Prices & Overview

South Gulf Cove median real estate price is $577,801, which is more expensive than 64.9% of the neighborhoods in Florida and 68.7% of the neighborhoods in the U.S.

The average rental price in South Gulf Cove is currently $2,120, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 71.8% of Florida neighborhoods.

South Gulf Cove is a rural neighborhood (based on population density) located in Port Charlotte, Florida. This is a coastal neighborhood (i.e., is on the ocean, a bay, or inlet).

South Gulf Cove real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and mobile homes. Most of the residential real estate is owner occupied. Many of the residences in the South Gulf Cove neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.

Vacant apartments or homes are a major fact of life in South Gulf Cove. The current real estate vacancy rate here is 23.0%. This is higher than the rate of vacancies in 90.1% of all U.S. neighborhoods. A relatively large percentage of housing here is seasonally occupied (17.1%). This can occur in vacation areas, and occasionally it is also found in neighborhoods that are primarily filled with college students, as some apartments could be vacant when school is not in session. If you live here year round, you may find that a number of buildings in your neighborhood are actually empty.

Notable & Unique Neighborhood Characteristics

Many things matter about a neighborhood, but the first thing most people notice is the way a neighborhood looks and its particular character. For example, one might notice whether the buildings all date from a certain time period or whether shop signs are in multiple languages. This particular neighborhood in Port Charlotte, the South Gulf Cove neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Real Estate

South Gulf Cove is a neighborhood that is on the ocean, a bay, or inlet. Many times, such places have amenities that bring locals and visitors to the waterfront for recreational activities or to check out the scenery. In some densely populated areas that are less financially well-off, the neighborhood waterfront can be relatively industrial and less open to recreation. In addition to being coastal, South Gulf Cove is a very nautical neighborhood, meaning that it is somewhat historic, walkable, densely populated and on the water. This gives the neighborhood a very nautical feel, with some seaside and shipping feel, which some may really enjoy the sights and sounds of.

In addition, the real estate in this neighborhood consists of more mobile homes than 95.0% of all neighborhoods in America, with 29.9% of the occupied housing here being classified as mobile homes. So if you are looking for a mobile home, or you like the look and feel of mobile home parks, this neighborhood might have the setting you desire.

People

Of note is NeighborhoodScout's research finding that the South Gulf Cove neighborhood has some of the lowest rates of children living in poverty of any neighborhood in the United States. In a nation where approximately 1 in 4 children are living in poverty, the South Gulf Cove community truly stands out from the rest in this regard.

In addition, priests and therapists would like to think they know the secrets to a truly successful marriage, but according to NeighborhoodScout's research, the folks of the South Gulf Cove neighborhood may actually hold the key. 71.1% of its residents are married, which is a higher percentage than is found in 97.1% of the neighborhoods in America.

Also, if you're planning where to retire, the South Gulf Cove neighborhood in Port Charlotte is a great option to consider. According to NeighborhoodScout's exclusive retirement dream area analysis, it's peaceful and quiet, has above average safety ratings compared to other neighborhoods in FL, offers a wide range of housing options, and has already attracted an enviable mix of college educated seniors. This neighborhood ranks as better for retirement living than 89.5% of the neighborhoods in Florida. If you are considering retiring to Florida, this is a good neighborhood to look at.

Occupations

From major sales accounts to fast-food workers, sales and service employees are often the backbone of the local economy. In the South Gulf Cove neighborhood, they truly stand out. NeighborhoodScout's exclusive analysis identifies this neighborhood as having a higher percentage of sales and service workers than 97.3% of all American neighborhoods.

Diversity

Did you know that the South Gulf Cove neighborhood has more Belgian and Czechoslovakian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.0% of this neighborhood's residents have Belgian ancestry and 0.7% have Czechoslovakian ancestry.

South Gulf Cove is also pretty special linguistically. Significantly, 1.0% of its residents five years old and above primarily speak Russian at home. While this may seem like a small percentage, it is higher than 95.6% of the neighborhoods in America.

The Neighbors

How wealthy a neighborhood is, from very wealthy, to middle income, to low income is very formative with regard to the personality and character of a neighborhood. Equally important is the rate of people, particularly children, who live below the federal poverty line. In some wealthy gated communities, the areas immediately surrounding can have high rates of childhood poverty, which indicates other social issues. NeighborhoodScout's analysis reveals both aspects of income and poverty for this neighborhood.

The neighbors in the South Gulf Cove neighborhood in Port Charlotte are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 66.3% of the neighborhoods in America. In addition, 0.0% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 100.0% of America's neighborhoods.

A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.

In the South Gulf Cove neighborhood, 41.4% of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 30.7% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (16.6%), and 10.5% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the South Gulf Cove neighborhood is English, spoken by 98.3% of households.

Ethnicity / Ancestry

Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.

In the South Gulf Cove neighborhood in Port Charlotte, FL, residents most commonly identify their ethnicity or ancestry as Irish (17.7%). There are also a number of people of German ancestry (15.7%), and residents who report English roots (9.8%), and some of the residents are also of Italian ancestry (9.3%), along with some Polish ancestry residents (4.2%), among others.

Getting to Work

Even if your neighborhood is walkable, you may still have to drive to your place of work. Some neighborhoods are located where many can get to work in just a few minutes, while others are located such that most residents have a long and arduous commute. The greatest number of commuters in South Gulf Cove neighborhood spend between 15 and 30 minutes commuting one-way to work (50.8% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (70.0%) drive alone in a private automobile to get to work. In addition, quite a number also carpool with coworkers, friends, or neighbors to get to work (9.0%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


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