tomo logo

$899,000

Beds
3
Baths
2.5
sq ft
2,631

611 W Olympia Ave, Punta Gorda, FL 33950

611 W Olympia Ave

PUNTA GORDA, FL 33950

  • 217 days on market
    • Price drop $76,000↓
One of a kind MODERN HOME home in the HISTORIC DISTRICT of Punta Gorda! This home has been constructed with meticulous attention to detail! Your first level features a HUGE FINISHED GARAGE with space for up to 7 (SEVEN) VEHICLES including lighting, automatic garage doors with remotes and EPOXY FLOORS + additional spacious storage closet upon entry to the lower level from the main door. Head upstairs or TAKE THE PERSONAL ELEVATOR to your main living space and enjoy open concept living perfect for entertaining family & friends with a CHEF INSPIRED KITCHEN at the heart of the home complete with HUGE QUARTZ ISLAND, GAS RANGE including a POT FILLER, RANGE HOOD, STAINLESS STEEL SAMSUNG APPLIANCES, WINE FRIDGE and AMPLE CABINETRY! The kitchen is open to the dining area and great room featuring a GAS FIREPLACE with GLASS DOOR STORAGE SHELVES as your main focal point in the living area giving off a warm inviting feeling. On the adjacent wall there is a built in BOOKSHELF WALL with EXTRA STORAGE DRAWERS. On the opposite side of the living room there is an EXPANSIVE SCREENED LANAI with DISAPPEARING GLASS SLIDING DOORS joining the outside with the interior of the home and offering additional entertaining space. Guests have their own half bath which is across from the laundry room (complete with STACKABLE WASHER/DRYER, cabinets and countertops with a wash sink). The primary suite and guest bedrooms are spilt offering privacy for you and your guests. Your primary suite features a SPACIOUS WALK IN CLOSET, PRIVATE ACCESS TO THE SCREENED LANAI and an ENSUITE BATHROOM complete with HIS & HERS SINKS, TILE WALK IN SHOWER AND LARGE SOAKING TUB! The guest rooms are down the hall and share a bathroom with a beautiful tiled walk in shower! IT'S ALL IN THE DETAILS and this home has them including decorative crown moldings, fine woodwork including 8 ft. doors throughout, real wood banisters, and an elegant fireplace! The floors are real wood in all of the main living spaces and porcelain tile in the bathrooms. There are tongue and groove solid pine ceilings on all lanai's (front, back and main level lanai spaces). There is a SURROUND SOUND SPEAKER SYSTEM in nearly all rooms with individual volume control. Additional details include IMPACT GLASS WINDOWS & DOORS, a gas outlet on the lanai for your grill, Florida tropical landscaping among native mature trees that have been growing for centuries in this neighborhood. This home could be within walking, biking or driving distance to downtown, Gilchrist Park and is near all amenities Punta Gorda affords. You are also about 10 minutes to the 1-75 exit. Call today if you have any questions and for a private showing! BE SURE TO CLICK THE FULL VIRTUAL TOUR LINKS FOR DETAILS!

Details

Property type

Single Family Residence

Est. home value

$1,299,889

Lot size

5,580 sq ft

Price per sq ft

$342

Year built

2021

Annual property taxes

$10,971.65

HOA

No

Price History

03/23/2025
StellarMLS

StellarMLS #C7497192

Price change
$899,000
-7.79%
02/13/2025
StellarMLS

StellarMLS #C7497192

Price change
$975,000
-2.5%
09/28/2024
StellarMLS

StellarMLS #C7497192

Removed
$999,990

Schools & Community

Elementary school: 

Sallie Jones Elementary

Middle school: 

Punta Gorda Middle

High school: 

Charlotte High

Community features: 

Park, Playground, Sidewalks, Tennis Court(s)

Seller’s Loan History

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

Lender

Charlotte State Bank & Trust

Loan start date

January 2022

Original loan amount

$200,000

Est. remaining balance

Not provided

Interest rate

2.49%

Loan type

Credit Line (Revolving), 20 year

Seller

Richard Giannone and Richard Giannone Revocable Trust

Lender

Commerce Bank

Loan start date

September 2021

Original loan amount

$562,500

Est. remaining balance

$518,949

Interest rate

2.87%

Loan type

New Conventional, 30 year

Seller

Richard Giannone and Richard Giannone Revocable Trust

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: 04/02/2025 at 10:20 PM

Listing updated: 03/30/2025 at 2:07 PM

Listed by: Laura Frantz, COLDWELL BANKER SUNSTAR REALTY Phone #: (941) 225-4663

MLS: StellarMLS #C7497192

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Recently listed in PUNTA GORDA