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About this home
111 W Olympia Ave is a 1952-built home in Punta Gorda, Punta Gorda. Listed at $1,000,000 (about $450/sqft), 61 days on market. Flood zone AE - confirm flood insurance requirements with your lender.
Located in the heart of vibrant downtown Punta Gorda, 111 W. Olympia Ave. presents a rare opportunity to own a premier commercial property occupied by one of the area's well-established and recognizable restaurants. A longtime staple in the community, the restaurant has built a loyal customer base and contributes to the energy and charm that make downtown Punta Gorda such a sought-after destination. The property is thoughtfully designed for restaurant operations, featuring a commercial kitchen, dedicated cooler area, a spacious open dining room, and covered outdoor seating for guests to enjoy Florida's year-round weather. Positioned along one of downtown's busiest corridors, the property benefits from exceptional exposure with an average daily traffic count of approximately 13,500 vehicles, providing outstanding visibility for the established business. Surrounded by popular shops, restaurants, the waterfront, and the city's many festivals and events, this prime downtown location offers consistent foot traffic and exceptional long-term investment potential in one of Southwest Florida's most desirable commercial districts.
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The essentials
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Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.
Price history
Neighborhood
Market insights
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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.
Quick answers.
Price
$1,000,000
$450 per sq ft
Size
2,221 sq ft
Time on market
61 days
Year built
1952
Monthly payment
About $6,267/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $6,627 annual tax bill, insurance.
Flood zone
Zone AE
That is a high-risk designation, so a lender will normally require flood insurance. Confirm the current rate before you write an offer.
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