Property List - Norada Real Estate Investments

Port Charlotte, Florida

A Best Place To Retire

Port Charlotte is a larger medium-sized coastal town (i.e. on the ocean, a bay, or inlet) located in the state of Florida. With a population of 57,254 people and 15 constituent neighborhoods, Port Charlotte is the 52nd largest community in Florida.

Port Charlotte is neither predominantly blue-collar nor white-collar, instead having a mixed workforce of both blue-collar and white-collar jobs. Overall, Port Charlotte is a town of sales and office workers, service providers, and professionals. There are especially a lot of people living in Port Charlotte who work in sales jobs (13.06%), office and administrative support (11.86%), and management occupations (7.58%).

One interesting thing about the economy is that relatively large numbers of people worked from their home: 7.71% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.

Port Charlotte is also nautical, which means that parts of it are somewhat historic and touch the ocean or tidal bodies of water, such as inlets and bays. Quite often, nautical areas such as these attract visitors and locals who come to enjoy the scenery and various waterfront activities.

The percentage of adults in Port Charlotte who are college-educated is close to the national average for all communities of 21.84%: 18.93% of the adults in Port Charlotte have a bachelor's degree or advanced degree.

The per capita income in Port Charlotte in 2010 was $24,824, which is lower middle income relative to Florida, and middle income relative to the rest of the US. This equates to an annual income of $99,296 for a family of four. However, Port Charlotte contains both very wealthy and poor people as well.

Port Charlotte is a very ethnically-diverse town. The people who call Port Charlotte home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Port Charlotte residents report their race to be White, followed by Black or African-American. Important ancestries of people in Port Charlotte include German, Irish, Italian, English, and Polish.

The most common language spoken in Port Charlotte is English. Other important languages spoken here include Spanish and French.

Port Charlotte APPRECIATION RATE

TIME PERIOD TOTAL APPRECIATION AVG. ANNUAL RATE COMPARED TO State* COMPARED TO AMERICA*
Latest Quarter:
2023 Q3-2023 Q4		 0.00% 0.00%
Last 12 Months:
2022 Q4-2023 Q4		 0.00% 0.00%
Last 2 Years:
2021 Q4-2023 Q4 		0.00% 0.00%
Last 5 Years:
2018 Q4-2023 Q4 		0.00% 0.00%
Last 10 Years:
2013 Q4-2023 Q4		 0.00% 0.00%
Since 2000: Q1-2023 Q4 0.00% 0.00%
*10 is the highest


RENT & OWNERSHIP

HOME OWNERSHIP RATE


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Jon M.

Thanks for all that you did throughout this process. You were very knowledgeable and helpful and I will be sure to recommend Norada to anyone who is looking to get into real estate investing.

L. Giammanco

Marco has always been the most candid and trusted advisor, in bad & good, that I've had.  So GLAD I gave followed him through the years.

Dustin H.

Thank you Marco. You are doing great work and as I am just getting started I look to you and your team for guidance and mentorship through our interactions, your podcast and your online resources -- thank you for being a mentor (and you don't even know it. 🙂

Dave F.

Thanks again Marco. Norada has really been a great help to me and my family and our financial goals.

D. Ferguson

I'm real close to finalizing the first 4 homes through norada. It's been a great experience thus far.

H. Kromer

This was my first time using Norada to purchase a turnkey property out of state, and I have had a great experience working with them. Michael was great to work with. He definitely over-delivered and was invaluable to ensure the deal closed successfully.

Linnea M.

I worked with Norada to purchase my very first investment property in Indianapolis. Steve Olsen was my guide throughout the process and he was fantastic. I had a lot of "newbie" questions that he was able to very quickly help me answer. He put me in touch with their provider in Indy, and helped cultivate that relationship. They were both very knowledgeable about the Indianapolis market, the positives and negatives, and provide a great product at a good price, along with excellent customer service. Many thanks, Norada!

Kristin Y.

Norada really helped my husband and I understand in very simple terms what it means to be a passive investor, and motivate and drive us to action. We couldn't be happier with our decision to invest. We are calling this our new baby's college savings plan!

C. Horvilleur

I look forward to working with you again soon to get another property! I had a great experience and thank you!

Jim Rose

One of your current clients, Lance, referred me to Norada and it really was a true turnkey experience from start to finish. This was the first property that I have purchased and Marco guided me through the whole process. I will be buying another home in the next 4 months from Norada because I am confident in their concepts and principles in building wealth.

D. Castleberry

For my first turn-key rental property purchases I chose to go with Norada due to Marcos experience, knowledge and decent deals available. The overal purchasing experience went smoothly and Marco was more than willing to answer any and all of the questions I had, and was upfront about everything. I'll be more than likely to purchase more properties from Norada in the near future.

D. Cerecedes

I was interested in building my investment portfolio through passive income properties and really was having a hard time deciding what areas to target. I came across Norada Real Estate while listening to a real estate podcast and loved hearing about what they provide. It was a great decision to work with Norada. I couldn't be happier with the property I've acquired with positive net cash flow each month is the icing on the cake. Look forward to building my portfolio even larger!!! Thank you Norada - especially Michael!!

LeRand D.

You read my mind. That would be great and VERY much appreciated. That kind of assistance is what makes Norada a cut above the rest!

D. Jaggi

Love the quick response!

N. Suphatta

Michael Ristau has been helping me with my first property. ...he is very responsive and followed up on any question I have for him.

Greg R.

Michael did an outstanding job of talking me through the process, being available anytime I needed (which is a very important quality in this business and separated me from 2-3 other similar companies) and getting me in touch with all of the necessary contacts and local market players where I wanted to invest. The team he put me in touch with was thorough, fair, and supportive through the entire process. I look forward to working with Norada again shortly.

Anthony Dickson

Marco was a great help in helping to simplify the process of looking for an investment property. Thanks Marco!

Rami M.

Thanks Marco - it's been great. I looking forward to many more!

Mike Hambright, FlipNerd.com

Marco is an awesome guy. In our industry, it's critical that you find people to work with that are smart, credible, honest, and just fun to be around. If you're looking for those things, Marco is your man.

Ranjith M.

Marco is very knowledgeable and helpful to a starter investor like myself. He navigated us through the whole process and promptly assisted us when necessary to close on our first purchase.

Whitney W.

Marco is extremely professional and helpful. He is your go-to person for investment real estate.

Sebastian van de Poppe (Holland)

I have to say that I'm really happy with the purchase.

J. Chen

Norada Real Estate is an excellent resource for anyone looking to invest in real estate. I enjoyed working with Marco Santarelli, and he was a great help through the entire process.

S. Kornbluth

I love your setup. It makes my job a heck of a lot easier.

K. Bassett

One thing I like about your company is the ability to be in several different markets to help diversify my real estate portfolio.

Tom K.

I consider myself fortunate to have found Marco and Norada Real Estate because they have access to numerous cities and really are a turnkey operation for the long distance investor. I am looking forward to expanding my real estate portfolio and would not hesitate to use Marco and Norada again.

Patrick and Ryan M.

Want you to know that Ryan and I enjoyed working with you and wouldn’t mind acquiring more properties from you in the future.

Emily

You are awesome! Thanks for the advice and guiding me through each step.

William S.

I appreciate the continued excellent customer service and advice that was provided along the way.

Tom Kostek

Insights like yours are why people like yourself are so valuable on my team.

Brandon Laughridge

I'm a big fan of all the info you guys publish and appreciate it.

Cameron C.

Friendly staff and great communication. I always felt like I was involved throughout the process. Property closed quickly.

Cherie Anderson

Marco stepped up to the plate and became an exceptionally well versed, educated and valuable provider of quality properties and resources for anyone buying.

Paul Janerico

I am very impressed with your website and more importantly your investor approach. I like transparency and your success is proving that investors like transparency as well.

Ian Y.

I appreciate your first-rate presentations and professionalism. You are head of the class.

Tushar Puri

Transaction was pretty smooth. All my questions were handled in timely fashion and to my satisfaction. Overall, great experience.

A.U. New York

Marco is one of the smartest real estate guys I spoke to in the last four years!"

Liz Nowlin

I can't say enough about Norada's top notch, all-around professionalism. As someone who conducts business-to-business transactions, I can vouch that they are an absolute pleasure to work with.

Chris K.

I would definitely consider Norada since Marco is very active in BP. In addition, he is very responsive and knowledgeable!

Robert I.

Norada provided me with great service and they were flexible with some of my issues during the transaction process.

Ralph Franks

In the 4-1/2 years I've been looking at Real Estate companies online, I've yet to see a turn-key property company that I think is better than Norada.

Emily D.

Marco made it very easy for me as an out of state investor. His expertise in the markets makes me feel very reassured.

Mark Rosenberg, Esq.

I appreciate the great level of service that you guys gave, and will definitely keep you in mind for future deals.

Jonathan L.

The entire investment property ordeal was very foreign to me, despite the research that I was able to do prior. I want to commend Marco for being so transparent, informative, and diligent with me; you are a great businessman!

Tom Kostek

My wife and I connected with Marco and he was very knowledgeable and helpful in assisting us purchasing a duplex in Indianapolis. His network covers all aspects of the purchase with very few surprises. We are looking forward to working more with him and his team in the near future.

Bryan Dunker

The process was incredibly easy and the investment exceeded our objectives. Thank you for providing us the opportunity to hit a home run and strengthen our financial portfolio!

Sebastian Van de Poppe

I'm an investor from the Netherlands (Europe) and trust is the most important factor for me. Marco earned my trust over and over by his knowledge and his excellent service.

Patrick and Ryan M.

Marco and his team were very responsive, thorough and honest. I have already recommended them to other investors.

Tyler Caruso

Everything went as planned. Everyone Norada lined up was easy to work with. Couldn't ask for an easier transaction. I am very satisfied with my investment.

Derek Pines

Marco was professional, helpful and informative throughout my initial investment opportunity. His knowledge, guidance and support made my experience exceptional!

S. Thompson

Your company and website provide an awesome resource for the aspiring ‘turn-key’ investor.

LeRand D.

Marco is not only full of knowledge and experience, he goes out of his way to share that information by making himself extremely accessible. His patient guidance on everything from property purchasing to asset protection has made my foray into the highly stressful world of real estate investing a genuine pleasure. I look forward to working with Marco many more times in the future.

Daniel Brown

Simple process and very reliable guidance -- buying through Norada is a breeze!

E. Hauber

Your commitment to always give value to your prospects (web site tools, blog, personal time, etc.) is a terrific distinguishing attribute and sets Norada apart from other real estate firms.