tomo logo

$635,000

Beds
3
Baths
2.0
sq ft
945

509 W Olympia Ave, Punta Gorda, FL 33950

509 W Olympia Ave

PUNTA GORDA, FL 33950

  • 72 days on market
Charming Downtown Punta Gorda Home with Pool! Located in the heart of downtown Punta Gorda, this beautifully remodeled 3-bedroom, 2-bathroom home is the perfect blend of charm and modern convenience. With a new heated, saltwater pool and a host of updates, this property is move-in ready and ideal for enjoying the vibrant downtown lifestyle. Step onto the inviting front porch and make your way into the spacious, welcoming living room. Tile flooring flows throughout the home, complementing the modern updates. The kitchen features new appliances, sleek Quartz countertops, and new cabinetry. The primary suite features a generously sized bedroom, closet, ensuite bathroom with a walk-in shower and the convenience of a washer/dryer setup. The split floor plan places two guest bedrooms and a fully remodeled guest bathroom on the opposite side of the home, ensuring privacy for everyone. Outdoor living is a delight with the screened-in lanai boasting new pavers and ample sitting space, perfect for entertaining or relaxing. Cool off in the new heated, saltwater pool or simply unwind in the tranquil, fully fenced backyard. This home comes with a long list of updates, including: metal roof (2020), electrical and plumbing updates (2021-2022), A/C handler (2021), impact-rated kitchen door and windows (2022), Tankless water heater, new storage shed, interior and back doors have been replaced along with fresh interior and exterior paint. This charming home would make the perfect Florida getaway or an excellent investment opportunity. Conveniently located near shopping, dining, entertainment, Fishermen’s Village, parks, marinas, and medical facilities, this home offers the best of Punta Gorda living. Call today to schedule your private showing!

Details

Property type

Single Family Residence

Est. home value

$357,772

Lot size

4,929 sq ft

Price per sq ft

$672

Year built

1951

Annual property taxes

$2,709

HOA

No

Price History

12/13/2024
StellarMLS

StellarMLS #C7501928

Listed
$635,000
-5.93%
10/03/2024
StellarMLS

StellarMLS #C7486500

Removed
$675,000
02/17/2024
StellarMLS

StellarMLS #C7486500

Price change
$675,000
-3.43%

Schools & Community

Elementary school: 

Sallie Jones Elementary

Middle school: 

Punta Gorda Middle

High school: 

Charlotte High

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$461,349
Asking price
$635,000
Closing costs (~8% of asking)
-$50,800
Est. remaining loan balance
-$122,851
Cash to seller
$461,349

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Citizens Bank Na

Loan start date

August 2020

Original loan amount

$136,000

Est. remaining balance

$122,851

Interest rate

3.03%

Loan type

New Conventional, 30 year

Seller

Peter A Krumsiek and Rodolfo Reyes

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 02/23/2025 at 1:15 PM

Listing updated: 02/22/2025 at 1:09 PM

Listed by: Adrienne Andreae, ALLISON JAMES ESTATES & HOMES Phone #: (941) 500-4922

MLS: StellarMLS #C7501928

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