About This Home

This 2-bedroom, 0-bathroom multi-family at 708 W OLYMPIA AVENUE in Punta Gorda, FL is listed for $299,000 ($260 per sqft). Built in 1947, the home offers 1,152 sqft of living space on a 0.14 acres lot.

Key Features

  • Built in 1947
  • 0.14 acre lot

Property Details

1947
Listing 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.

Monthly Cost Estimate

$1,599/mo

20% down · 6.5% · 30 years

Principal$216
Interest$1,296
Insurance$87

Estimates only. Actual payments may vary.

Location

708 W OLYMPIA AVENUE

Punta Gorda, FL 33950

PUNTA GORDA

Features & Amenities

Interior Features

Ceiling Fans(s)Living Room/Dining Room ComboPrimary Bedroom Main FloorThermostat

Exterior Features

Private MailboxSidewalk

Property Details

Flooring

Vinyl

Construction

Stone

Heating

CentralElectric (Heating)

Cooling

Central Air

Appliances

DishwasherDryerMicrowaveOven - ConvectionRefrigeratorWasher

Questions & Answers

This 2-bedroom, 0-bathroom multi-family at 708 W OLYMPIA AVENUE is listed at $299,000 ($260/sqft). The estimated monthly payment is $1,599 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1947, 0.14 acre lot. Interior Features: Ceiling Fans(s), Living Room/Dining Room Combo, Primary Bedroom Main Floor. Exterior Features: Private Mailbox, Sidewalk.

This property is listed by Taylor Brady and can be reached at 2398966433.

TB

Taylor Brady

Agent at RE/MAX PALM REALTY

(239) 896-6433

Listed by RE/MAX PALM REALTY · View on Broker Site

MLS# C7527210· Source: listhub· 18 days on market

Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

708 W OLYMPIA AVENUE, Punta Gorda, FL 33950

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