$299,000

708 W Olympia Avenue Punta Gorda, FL 33950 Multi Unit - Multiple Active

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Description

Exceptional investment opportunity in the heart of Downtown Punta Gorda. This fully furnished duplex offers versatility, income potential, and an outstanding location within one of Southwest Florida's most sought-after waterfront communities. Each unit features 1 bedroom and 1 bathroom, providing comfortable and efficient living spaces ideal for annual tenants, seasonal residents, or short-term rental opportunities. Significant recent improvements, including a newer roof, air conditioning systems, water heaters, and appliances, contribute to reduced maintenance concerns and long-term value.Located just moments from Punta Gorda's vibrant downtown area, this property places residents within easy reach of many of the community's most popular attractions. Enjoy waterfront walks and beautiful harbor views at Gilchrist Park, complete with fishing piers, tennis and pickleball courts, and open green space along Charlotte Harbor. Fishermen's Village is also nearby, offering waterfront dining, boutique shopping, marina access, live entertainment, and boating excursions. Throughout the year, Punta Gorda hosts a variety of festivals, farmers markets, and community events that contribute to the area's welcoming coastal atmosphere. Whether you are looking to expand your investment portfolio, generate seasonal rental income, or occupy one unit while leasing the other, this property offers exceptional flexibility in a prime downtown location.

Property Highlights

Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Central, Electric
Lot Size: 0.14 Acres
Roof Type: Metal
Taxes: $3,450
Year Built: 1947

General Information

Bedrooms: 2
Sqft: 1,152
County: Charlotte
Subdivision: PUNTA GORDA
Listed By:
Taylor Brady RE/MAX PALM REALTY 941-743-5525

Amenities

Ceiling Fans(s)
Living Room/Dining Room Combo
Primary Bedroom Main Floor
Thermostat
Private Mailbox
Sidewalk

Property Features

Annual Net Income: 28800.00
Appliances: Convection Oven, Dishwasher, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer
Directions: Left on W Marion, Left on Berry St, Left on W Olympia, property will be on the left.
Exterior: Stone
Flood Zone Code: AE
Flooring: Luxury Vinyl
Foundation: Slab
Home Warranty Y/N: No
Listing Terms: Cash, Conventional, FHA, VA Loan
Lot Dimensions: 0.14
Other Equipment: Irrigation Equipment
Ownership: Fee Simple
Property Attached Y/N: No
Property Sub-Type: Duplex
Sewer: Public Sewer
Showing Instructions: Appointment Only, Lock Box Electronic, ShowingTime
Special Sale Provisions: None
Utilities: BB/HS Internet Available, Cable Available, Cable Connected
Water: Public
Water Access Y/N: No
$299,000
2beds
1,152sqft
New to the Market Active
BEDS2 BATHS SQUARE FEET1,152 MLS#C7527210
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONPUNTA GORDA

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708 W Olympia Avenue, Punta Gorda, FL 33950.

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Estimated Payment

$ 1,383.19 per month $1,008.48 Principal & Interest $287.50 Property Tax $87.21 Homeowner's Insurance

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