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Property Description
Located in the heart of vibrant downtown Punta Gorda, 111 W. Olympia Ave. presents a rare opportunity to own a premier commercial property occupied by one of the area's well-established and recognizable restaurants. A longtime staple in the community, the restaurant has built a loyal customer base and contributes to the energy and charm that make downtown Punta Gorda such a sought-after destination. The property is thoughtfully designed for restaurant operations, featuring a commercial kitchen, dedicated cooler area, a spacious open dining room, and covered outdoor seating for guests to enjoy Florida's year-round weather. Positioned along one of downtown's busiest corridors, the property benefits from exceptional exposure with an average daily traffic count of approximately 13,500 vehicles, providing outstanding visibility for the established business. Surrounded by popular shops, restaurants, the waterfront, and the city's many festivals and events, this prime downtown location offers consistent foot traffic and exceptional long-term investment potential in one of Southwest Florida's most desirable commercial districts.
Full Property Details
Full Property Details for 111 W Olympia Ave
General
- Price: $1,000,000
- Taxes: $6,627 (2025)
- Status: Active
- Type: Commercial
- Source: MidFloridaRegionalMLS
- MLS ID: C7528902
- Updated: 8/11/2026
- Added to Site: 2 day(s) ago
Rental Information
- Complex Features: Bathrooms
Parking
- Parking Features: Public Parking
Location
- Area: 33950 - Punta Gorda
- County: Charlotte
- Development Name: 33950 - Punta Gorda
- Subdivision: PUNTA GORDA
- Driving Directions: From 41 South into Punta Gorda, take a left onto W Olympia Ave, the property will be on the Right.
- Direction Faces: Northwest
Community
- Community Name: 33950 - Punta Gorda
Heating & Cooling
- Cooling Type: Central Air
Utilities
- Sewer: Public Sewer
- Utility Description: Public
Structural Information
- # Buildings: 1
- Exterior Const.: Block, Stucco
- Roof: Concrete
- Square Feet: 2,221
- Sq. Ft. Source: Public Records
- Year Built: 1952
Lot Features
- Lot Size (Acres): 0.09
- Lot Size (Sq. Ft.): 4,050
- Lot Size: 4050
- Frontage: City Street
- Street/Road Desc.: Asphalt
Financial Considerations
- Tax Amount: $6,627
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: PUG 000 0043 0001N PUNTA GORDA BLK 43 N1/2 LT 1 132/479 219/213 1009/2067 2393/1742 2487/164 3248/785 CD3257/62
- Flood Zone Info: AE
- APN: 412306382003
- Property ID: 412306382003
- Block/Lot/Section: 43
Listed by Re/Max Palm Realty
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Schools
Schools serving 111 W Olympia Ave
School District:Charlotte County School District
| Name | Grades | Distance |
|---|---|---|
Sallie Jones Elementary School 1230 Narranja Street, Punta Gorda, FL 33950 | PK-5 | 0.7 mi |
Punta Gorda Middle School 1001 Education Avenue, Punta Gorda, FL 33950 | 6-8 | 1 mi |
Charlotte High School 1250 Cooper Street, Punta Gorda, FL 33950 | 9-12 | 0.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 111 W Olympia Ave
Date
Details
Price
Change
Source
8/10/2026
Listed
$1,000,000
709.72%
MLS
6/10/2004
Sold
$123,500
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 111 W Olympia Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,627
10%
$354,193
10%
2024
$6,041
3%
$321,994
10%
2022
$5,841
20%
$292,722
-6%
2022
$4,857
5%
$311,352
5%
2021
$4,624
10%
$295,614
5%
2020
$4,218
21%
$282,749
41%
2019
$3,478
12%
$199,933
6%
2018
$3,096
-2%
$188,990
—
2017
$3,150
-2%
$189,257
—
2016
$3,226
-1%
$189,835
1%
2015
$3,259
-1%
$188,394
—
2014
$3,298
-12%
$188,819
-11%
2013
$3,760
—
$212,419
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 111 W Olympia Ave
111 W Olympia Avenue, Punta Gorda, FL 33950 (MLS# C7528902) is a Commercial property. 111 W Olympia Avenue is currently listed for $1,000,000 and was received on August 10, 2026. Want to learn more about 111 W Olympia Avenue? Do you have questions about finding other Commercial real estate for sale in Punta Gorda? You can browse all Punta Gorda real estate or contact a Coldwell Banker agent to request more information.

