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Real Estate Prices & Overview

Punta Rassa / The Island at Shell Point median real estate price is $736,224, which is more expensive than 87.2% of the neighborhoods in Florida and 84.1% of the neighborhoods in the U.S.

The average rental price in Punta Rassa / The Island at Shell Point is currently $4,988, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 96.1% of the neighborhoods in Florida.

Punta Rassa / The Island at Shell Point is a suburban neighborhood (based on population density) located in Fort Myers, Florida. This is a coastal neighborhood (i.e., is on the ocean, a bay, or inlet).

Punta Rassa / The Island at Shell Point real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments and single-family homes. Most of the residential real estate is renter occupied. Many of the residences in the Punta Rassa / The Island at Shell Point neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 2000 and the present.

Vacant apartments or homes are a major fact of life in Punta Rassa / The Island at Shell Point. The current real estate vacancy rate here is 32.0%. This is higher than the rate of vacancies in 95.5% of all U.S. neighborhoods. A relatively large percentage of housing here is seasonally occupied (18.6%). 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

When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.

Real Estate

Do you like a coastal setting? If so, this neighborhood may be to your liking. The Punta Rassa / The Island at Shell Point neighborhood is on the ocean, a bay, or inlet. Often such coastal places have amenities and recreational activities on the waterfront that are attractive to residents and visitors alike. In addition to being coastal, Punta Rassa / The Island at Shell Point 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, one of the really unique and interesting things about the look and setting of the Punta Rassa / The Island at Shell Point neighborhood is that it is almost entirely dominated by large apartment buildings, such as apartment complexes or high-rise apartments. 87.2% of the residential real estate here is classified as such. This puts this neighborhood on the map as having a higher proportion of large apartment buildings than 97.8% of all neighborhoods in America.

Furthermore, despite all of the residential real estate here in the Punta Rassa / The Island at Shell Point neighborhood, NeighborhoodScout has discovered that much of it is vacant. In resort or second-home vacation areas, this naturally occurs because homes and apartments are seasonally occupied, and empty for a portion of the year. In non-vacation or resort areas, however, this can be an indicator of property abandonment or a weak real estate market. The vacancy rate here is 32.0%, which is higher than 95.5% of all U.S. neighborhoods.

People

Of note is NeighborhoodScout's research finding that the Punta Rassa / The Island at Shell Point 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 Punta Rassa / The Island at Shell Point community truly stands out from the rest in this regard.

In addition, if you are planning to retire in Florida, this neighborhood should be on your must-see list. For many reasons, Punta Rassa / The Island at Shell Point may be considered a retiree's dream neighborhood. According to NeighborhoodScout's exclusive analysis and metrics, it's peaceful and quiet, has above average safety from crime compared to other neighborhoods in Florida, while also offering a diverse range of housing options. This, along with the vibrant mix of very educated seniors and other age groups who choose to live here, makes the neighborhood more retiree-friendly than 99.0% of neighborhoods in FL. If a Florida retirement is in your future, this neighborhood should be one of the places you visit.

Diversity

Did you know that the Punta Rassa / The Island at Shell Point neighborhood has more Romanian and English ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.2% of this neighborhood's residents have Romanian ancestry and 21.1% have English ancestry.

Punta Rassa / The Island at Shell Point is also pretty special linguistically. Significantly, 1.9% of its residents five years old and above primarily speak German/Yiddish at home. While this may seem like a small percentage, it is higher than 96.0% 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 Punta Rassa / The Island at Shell Point neighborhood in Fort Myers are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 69.3% of U.S. neighborhoods. 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.

The old saying "you are what you eat" is true. But it is also true that you are what you do for a living. The types of occupations your neighbors have shape their character, and together as a group, their collective occupations shape the culture of a place.

In the Punta Rassa / The Island at Shell Point neighborhood, 65.5% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is clerical, assistant, and tech support occupations, with 18.6% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (15.9%).

Languages

The most common language spoken in the Punta Rassa / The Island at Shell Point neighborhood is English, spoken by 90.4% of households. Some people also speak Spanish (2.3%).

Ethnicity / Ancestry

Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.

In the Punta Rassa / The Island at Shell Point neighborhood in Fort Myers, FL, residents most commonly identify their ethnicity or ancestry as English (21.1%). There are also a number of people of German ancestry (11.3%), and residents who report Irish roots (8.9%), and some of the residents are also of Swedish ancestry (3.4%), along with some Polish ancestry residents (3.0%), 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 Punta Rassa / The Island at Shell Point neighborhood spend between 30 and 45 minutes commuting one-way to work (41.9% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (51.3%) 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 (15.0%) and 7.1% of residents also hop out the door and walk to work for their daily commute. 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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