Remodeled Medical Office
525 E Olympia Avenue Punta Gorda, FL 33950
525 E Olympia Avenue, Punta Gorda, FL, 33950
$2,699,000
For Sale
$2,699,000
COMMERCIAL - Punta Gorda, FL
Property Size10,000 SF
Lot Size0.75 Acres
Price / SF$269.90
Days on Market425
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
Listing agency
Krise Commercial Group, LLC
(239) 690-4100
Listed by
Marjan Rumija · License #258025749
(239) 285-8922
Added: May 23, 2025 Updated: Jun 8 at 9:51AM Checked: Jul 21 at 8:06AM
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.
Investment Insights
Based on property information with market context.
This medical and office property is a concrete block building remodeled in 2024, including new flooring, new doors, new bathrooms, and additional improvements. The roof was replaced in 2023 and includes a 20-year transferable warranty. All HVAC units were replaced in 2022 with a 5-year warranty. The building is configured into ten separate suites, each approximately 1,000 square feet, which can support flexible tenanting and easier leasing by unit. The property is described as approximately 80% occupied.
The asset is located in Punta Gorda, Florida at 525 E Olympia Avenue, Charlotte County. Public remarks note proximity to the hospital and position “in the heart of Punta Gorda,” which may be relevant for medical-focused operations and tenant convenience.
As a buyer-user opportunity, the property can be used for an owner-occupied business while also generating rent from the remaining occupied suites, based on the stated occupancy level. For investors or operators, the multi-suite layout is designed to match tenants that prefer smaller, self-contained spaces within a single building. Owner financing is available for qualified buyers with 30% down, per the provided remarks.
The asset is located in Punta Gorda, Florida at 525 E Olympia Avenue, Charlotte County. Public remarks note proximity to the hospital and position “in the heart of Punta Gorda,” which may be relevant for medical-focused operations and tenant convenience.
As a buyer-user opportunity, the property can be used for an owner-occupied business while also generating rent from the remaining occupied suites, based on the stated occupancy level. For investors or operators, the multi-suite layout is designed to match tenants that prefer smaller, self-contained spaces within a single building. Owner financing is available for qualified buyers with 30% down, per the provided remarks.
Key Highlights
- 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.
Local Financial Insights For Healthcare Medical
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $260.4k | $26.04 |
| − Vacancy | −$27.3k | −$2.73 |
| EGI | $233.1k | $23.31 |
| − OpEx | −$93.2k | −$9.32 |
| NOI | $139.8k | $13.98 |
10,000 SF · lease $26.04/SF/yr · vacancy 10.50% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$2.00M
$1.75M – $2.33M
NOI $139,835 @ 7.0% cap · market cap 5.18%
Second Best
Office B
$1.77M
$1.55M – $2.06M
NOI $123,768 @ 7.0% cap · market cap 4.59%
Theoretical Best
Office A
$3.27M
$2.87M – $3.82M
NOI $229,200 @ 7.0% cap · market cap 8.49%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
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
Similar For Sale Nearby
Similar Off Market 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
FAQs
What type of property is this?
Medical Office Space - Concrete block medical office building with multiple small suites, recently roofed, HVAC-upgraded, and fully remodeled.
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.
