FL - Charlotte County
FL - Daytona Beach / Ormond Beach
DEMOGRAPHICS CBSA
Punta Gorda, FL
DEMOGRAPHICS
Square Miles
Population
Households
Household Income Median
Employees (Total)
Unemployment
694
156,239
70,703
$50,696
38,556
7.30%
CBSA
Deltona Daytona Ormond Beach, FL
MARKET HIGHLIGHTS
Square Miles
Population
Households
Household Income Median
Employees (Total)
Unemployment
1,103
495,625
214,567
$47,500
146,482
7.30%
MARKET HIGHLIGHTS
• There have been no significant changes in the market in the
• Diamond Aircraft Industries, the world’s third largest aircraft
• Vacancy is staying level. • There was a small increase in new construction. • Inventory is low and new home construction is up. • The market has stabilized. • The market is a great location for retirees.
• Hard Rock Cafe and Bayshore Capital just announced a $150
past 6 months.
manufacturer, has just committed to a long-term partnership with Embry Riddle Aeronautical University that will result in an expansion of the company’s international research and development program. million phase one: a 250 room hotel, 100 unit condo and a 28,000 SF ballroom on 10 acres of beachfront.
• Daytona International Speedway broke ground July 5th on a
3 year, $400 million renovation project that will use 3% of the steel produced in the USA annually.
• Protogroup of St. Petersburg, Russia has announced a 1.4 million SF Hotel and Condo project on a 4.5 acre site.
• Daytona Speedway has teamed up with Atlanta based Jacoby Group to develop a 500,000 SF Mixed-Use project across from the International Speedway.
• Hotel / Motel room occupancy continues to climb as
passenger boardings continue to increase in and out of Daytona Beach International Airport .
OFFICE
retail
industrial
multy-family
OFFICE
retail
industrial
multy-family
Vacancy
n
n
n
n
Vacancy
q
q
n
q
Absorption
n
n
n
n
Absorption
p
p
n
p
Rental Rates
n
n
n
n
Rental Rates
n
n
n
n
CONTACT
CONTACT
Coldwell Banker Commercial Sunstar Realty, Inc
1980 Kings Hwy. Port Charlotte, FL 33980 (941) 255-3497
www.sunstarcommercial.com
Coldwell Banker Commercial Benchmark
17
570 Memorial Circle Suite 300 Ormond Beach, FL 32174 (386) 672-8530
www.benchmarkdaytona.com