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625 W Olympia Ave, Punta Gorda, FL, 33950

$549,000

Home List Price

$6,519*

Closing Credit

3 Bedrooms
3 Full Baths
2,952 SqFt
$186/SqFt
House

Location

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625 W Olympia Ave, Punta Gorda$549,000

Buyer Closing Credits

$6,519*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway, Garage Door Opener
Attached Garage2 spaces
Year Built1959
HeatingElectric
CoolingCentral Air
ViewPool
Private PoolYes
MLS #C7500294
Lot Size0.39 Acres
StatusActive

About 625 W Olympia Ave

HEART OF DOWNTOWN HISTORIC DISTRICT ON OVERSIZED CORNER LOT. This home presents a unique chance for buyers or investors looking to restore and renovate to their vision and offers the opportunity to own one of the largest corner lots in downtown Punta Gorda. Spacious home includes approximately 3,000 sq. ft. of living area, with 3 bedrooms, 3 baths, a large kitchen, formal living and dining rooms, a family room, a bonus room, and a 20' x 40' screened pool under an expansive lanai. Additional features include a two-car garage and a new roof installed in 2022. Unbeatable location, just minutes from top attractions, including Fishermen's Village, The Yacht Club, Gilchrist Park, restaurants, boutique shopping, community events, and scenic biking and walking trails. Whether you’re envisioning a personal retreat or an investment property, the potential is endless in this prime location. Priced to reflect its condition, this home provides a rare opportunity to create equity in a sought-after area and being sold "as-is" due to flood damage.

Property Details

Property Features

Property Information:

  • Year Built: 1959
  • Stories: 1
  • Living Area: 2,952 SqFt

Listing Office:

  • Office Name: COMPASS FLORIDA
  • Office Phone: (941) 205-8478
  • Listing Agent: Brian Helgemo

Interior Features

Interior Information:

  • Appliances: None
  • Flooring Type: Ceramic Tile, Concrete, Terrazzo
  • Interior: Cathedral Ceiling(s), High Ceilings, Open Floorplan, Split Bedroom

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • View: Pool
  • Exterior: French Doors, Rain Gutters, Sliding Doors

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Driveway, Garage Door Opener

Lot Features

Lot Information:

  • Lot: City Lot, Oversized Lot, Paved
  • Lot Size: 0.39 Acres

Utilities

Utilities Information:

  • Heating: Electric
  • Cooling: Central Air

Other

Directions Information:

  • Directions: US-41 to W. Marion Ave, left on Chasteen St, left on W. Olympia, driveway is on right, house is on corner of Chasteen St and W Olympia Ave

Price Information

Listing Price Info

Price Summary:

  • List Price: $549,000
  • Price Per SqFt: $186/SqFt

Tax Information:

  • Annual Amount: $5,536
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Punta Gorda, FL.

Med. Sold Price

$375.2K

Med. Price/SqFt

$221

Avg. Days On Market

91

# of Sold Homes

193

625 W Olympia Ave vs Punta Gorda

1 DAY ON ROCKET

-90 Days

$549,000

+$173.7K More

$186/SqFt

-$35 Less

KEY TAKEAWAY

This property is $173.7K more than the Median Sold Price and $35/SqFt less than other homes in Punta Gorda, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #C7500294

Listing Office:

  • Office Name: COMPASS FLORIDA
  • Office Phone: (941) 205-8478
  • Listing Agent: Brian Helgemo

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/15/2024, 7:19:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Dec 01, 2017Home Sold
$353,500
Oct 13, 2017Home Sold
$105,000
Feb 18, 2016Home Sold
$300,000
Feb 04, 2000Home Sold
$174,500

Tax History

YEARPROP. TAXASSESSMENT
2020$5,536$361,887
2019$5,026$353,751
2018$5,026$347,155
2017$3,548$252,224

History based on county public records data.

Payment Calculator

$2,808

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,712

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-549987
7
/10
  • Sallie Jones Elementary School

  • 1230 Narranja St

  • 0.85 miles

  • Public District Grades PK-5

school-card-donut-549988
3
/10
  • Peace River Elementary School

  • 4070 Beaver Ln

  • 3.03 miles

  • Public District Grades PK-5

school-card-donut-549989
6
/10
  • East Elementary School

  • 27050 Fairway Dr

  • 3.24 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $60,470. Most Punta Gorda, FL residents have annual incomes between $35k-100k. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 625 W Olympia Ave

What is the listing price of this property?

The listing price of 625 W Olympia Ave property is $549,000.

What type of property is this?

The property 625 W Olympia Ave is a house located in Punta Gorda, Florida, 33950.

Is this property for sale now?

Active Listing: 625 W Olympia Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $5,536 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on December 1, 2017 for $353,500. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 625 W Olympia Ave has 3 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 625 W Olympia Ave is 2,952 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 625 W Olympia Ave is 1959.

Rocket Homes›Florida›Charlotte County›Punta Gorda›33950›625 W Olympia Ave

This home is located at 625 W Olympia Ave in Punta Gorda, FL and zip code 33950. This 2,952 square foot home, which was built in 1959, sits on a 0.39 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since November 14, 2024 and is currently priced at $549,000.

Punta Gorda, FL housing market in October 2024 saw over 14 listings sold above listed price, more than 35 sold at listed price and over 144 sold below. In October 2024 in Punta Gorda, FL there were 5.5% more homes for sale than in September 2024. While the average time on the market in October 2024 was 91 days, the median list price was $375,207.

From Rocket Homes Real Estate and based on county public records data.

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