June 2019 Newsletter









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Market Update

Here in Punta Gorda, the first week of July is a hot one! This heat is not slowing buyers down – in fact, unit sales of single family canal homes in PGI/BSI are up 10% for the second quarter as compared to the second quarter of 2018. Single family home unit sales in Burnt Store Marina are up over 50% in comparison to the second quarter of last year.

Condo unit sales in both markets are pretty much in line with last year, though average selling prices of condos are up a little over 10% compared to 2018. 
Unit sales of vacant canal lots in PGI/ BSI are up almost 80% over the second quarter of last year, with the average selling price just over $200,000. 

Real estate is not the only thing that is hot right now! Our town is staying busy into the summer months with fun new recreation, the opening of new businesses, and plenty of events to keep us occupied. The body of this newsletter dives deeper into some of the happenings around town. 
Stay cool and enjoy the summer! 

What’s new in Punta Gorda?

PicklePlex of Punta Gorda is officially open! The ribbon cutting took place on June 24th, officially opening the first 16 courts. Over the last several years, PickleBall has become tremendously popular in Punta Gorda, and residents are excited to have new courts to play on. Players are even driving from Fort Myers to play on our new courts. Plans for the second phase are still in the works, which will include a 40,000 sqft building housing 8 indoor courts, a pro-shop, restaurant and bar. The city expects a great economic impact from visitors who will come here to participate in tournaments. 
The courts are open from 7 a.m. to 10 p.m. daily and is located at 26300 Airport Rd., Punta Gorda. 

“Tails From The Harbor”
An awesome new mural was just dedicated on June 20th by the Punta Gorda Mural Society. Artist Skip Dyrda completed the masterpiece last month, which showcases our local wildlife such as turtles, rays, schools of fish, and birds. We encourage you to come visit this tribute to our town, which is located under the Tamiami bridge nearest Hurricane Charley’s. 
Learn more about this great piece on the Punta Gorda Mural Society Website.

Punta Gorda Is Caffeinated! 
Starbucks in Punta Gorda is officially open for business! Residents have expressed excitement to have a new place to relax and meet friends. Studies have found that Starbucks moving into town is a sign of gentrification and means that an area is poised for growth.

Hear Ye Beer Drinkers and Fitness Enthusiasts!

Did you know that Punta Gorda hosts a weekly Pub Run? Every Wednesday evening, residents gather at 6pm to enjoy a 2-3 mile trip beginning and ending at a local pub. Destinations include The Burg’r Bar, Leroy’s Southern Kitchen, The Celtic Ray, Ice House, and more! Registration is FREE, so jog, walk, or stroll on down to this fun weekly event! Location info HERE. 

Construction Update
As we head into storm season here, we are happy that Punta Gorda’s seawall restoration project is now nearly complete, as focus is now being turned to the construction of Buckley Pass in the Southern Bird Section since the construction contract has been signed. 

Annual Freedom Swim
July 4th
It all started 25 years ago when Michael Haymans, a Punta Gorda attorney, decided to swim across the Peace River in celebration of July 4th. Now up to 1,500 participate, including swimmers, kayakers, boaters, and paddleboarders. No admission is charged. 

Fourth Fest
July 4th • Laishley Park
Fun for all ages at this annual event hosted on the waterfront grounds of Laishley Park! Expect water slides for the kids, entertainment by The Boogiemen and other local entertainers, and of course – fireworks over the Peace River. Gates open at 11 and fireworks begin at 9. $3 admission at the gate. 

2nd International Culture Fest
July 12th &13th • Fishermen’s Village
Enjoy international food, displays, performances and vendors. Festivities on July 12, 5-9 & July 13, 10-4.
Free Admission. 


Mindi Abair’s Wine & Music Festival
Nov 15-17
Lawn of Charlotte Harbor Event Center

Mindi has been rocking Punta Gorda for 15 years at the annual Wine & Jazz Festival, which was so popular that the sought after sax star now has her own Wine & Music Festival. Ticket Info Here

Questions about the Real Estate Market? Give me a call! I’d love to chat with you! 

Jennifer Calenda, PA
Broker-Associate, MBA
941.916.0798
jencalenda@comcast.net
FloridaMarinaRealEstate.com

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Copyright © 2019, Jennifer Calenda, PA , All rights reserved.

Our mailing address is:
16480 Burnt Store Rd. Ste. 102
Punta Gorda, FL 33955

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