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    525 E Olympia Avenue Punta Gorda, FL 33950

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    For Sale
    $2,699,000

    COMMERCIAL - Punta Gorda, FL

    Type:Office
    Property size:
    10,000 SF
    Lot size:
    0.75 Acres
    Added:
    May 23, 2025
    Days on Market:
    334
    Last Refresh:
    Apr 21 at 12:06 pm

    Property Features for 525 E Olympia Avenue

    General Information

    Property type
    Commercial Sale
    Property subtype
    Office
    Standard status
    Active
    APN
    412306427003
    Size
    10,000 SF
    Lot size
    0.75 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Description
    WAD 002 000L 0026 WOODS 2ND ADD BLK L LTS 26 27 28 29 30 31 32 & 33 478/76 487/109 488/595 624/1318 658/358 UAG-900/1638 899/1649 V1521/1248 AFF4237/1686-JG 4552/1920 4954/1963 3434233
    Tax Annual Amount
    21641

    Building Details

    Year built
    1975
    Floors in Building
    1

    We can help!

    Listing Contact
    Marjan Rumija
    Marjan Rumija

    Listing agent Marjan Rumija License #258025749

    Listing office Krise Commercial Group, LLC 2040 Virgina Avenue, FL

    Listing date May 23, 2025

    MLS# 225049579

    Copyright © 2026 Florida Gulf Coast Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Punta Gorda Commercial Investment Opportunity

    This commercial property in Punta Gorda, Florida, presents an opportunity for investment. The 10,000 square foot concrete block building is divided into ten 1,000 square foot units, offering flexibility for leasing. The property is located in the heart of Punta Gorda, near the hospital, making it suitable for medical use. Approximately 2,000 square feet could be used for an owner's business, with the remaining space generating rental income. The building was completely remodeled in 2024, featuring new flooring, doors, and bathrooms. A new roof was installed in 2023 with a 20-year transferable warranty, and all HVAC units were replaced in 2022 with a 5-year warranty. The property is currently 80% occupied. The lot size is 0.75 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Tadalan Lourdes MD Physician Harbor Cardiology & Vascular Medical Clinic K9 Glam Squad Pet Grooming Service Massage & Wellness Dawn ... Alternative Medicine Practice The Queen's Boutique Hair Salon

    Suggested Use

    Restaurant Real Estate Agency Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Law Firm Auto Repair Shop Hair Salon Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Punta Gorda Animal Hospital — 25120 Marion Ave, Punta Gorda, FL 33950
    • Peace River Veterinary Clinic — 327 Cross St, Punta Gorda, FL 33950
    • Peace River Veterinary Clinic: Degrove Reece Julie DVM — 327 Cross St, Punta Gorda, FL 33950
    • Animal Medical Clinic — 324 cross st ste 111, punta gorda, fl 33950
    • Dr. Kurt Winter — 25120 Marion Ave, Punta Gorda, FL 33950

    Location Insight

    • Map
    • Local Demand
    City
    Punta Gorda
    County
    Charlotte
    State
    Florida
    Longitude
    -82.042641
    Latitude
    26.938261

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    FAQs

    What type of property is this?
    Medical Office Space - Commercial building in Punta Gorda, suitable for medical use.
    Where is this medical office space located?
    The property is located at 525 E Olympia Avenue Punta Gorda, FL.
    What is the asking price?
    The asking price for this property is $2,699,000.
    What are key features of this property?
    This property features: Owner financing available for qualified buyers with 30% down.; **Completely remodeled in 2024 with new flooring, doors, and bathrooms.**; New roof installed in 2023 with a 20‑year transferable warranty.
    (239) 285-8922
    We can help!
    Listing Contact
    Marjan Rumija
    Marjan Rumija
    Real Estate License ID: 258025749
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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