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$425,000
16 Days On Site

5311 OLIVE AVENUE
SARASOTA, FL 34231

For Sale|Duplex|Active
4
Beds
0
Full Baths
0
Partial Baths
1,680
SqFt
$253
/SqFt
1972
Built
Subdivision:
SUN HAVEN
County:
Sarasota

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5311 OLIVE AVENUE5311 OLIVE AVENUE5311 OLIVE AVENUE5311 OLIVE AVENUE
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Terriffic location with a nice quiet neighborhood in South Central Sarasota, close to gas, shopping, restaurants and services located on Clark Road/Stickney Point, Highway 41, Beneva and Lockwood Road. Walk to the peaceful Historical, 72 acre Red Bug Park with lots of amenities. This location is conveniently located only 3 signals East of the bridge entrance to famous Siesta Key Crescent Beach. This 2 bedroom, 1 bath duplex has the exact same convenient, open floor plan on each side and features a seperate private driveway and carport with utilities/laundry room each with washer/dryer hookups and 3 year old water heaters, inside the covered carports. Each unit has extra parking in their respective driveways. Large living room leads to covered srceen patios and private fenced back yards for each. 5313 was completely updated in 2023 with new drywall in kitchen and dining, new shaker style kitchen cabinets, new counter tops, new microwave, new tile throughout, new designer kid proof vinyl, 3 new ceiling fans, and all new interior paint except spare bedroom. 5311 had bath redo in 2022 with new bathtub, new plumbing, new tub tile and updated the remainder of the unit 12 years ago before the current tenant moved in. Most of the trees were taken out when the new sewers went in and new driveway entrance was poured in 2018. Plants need to be removed from outside stucco walls. The roof is 3 years old completed in 10/2021. The water heaters are 3 years old completed 2/17/22. New A/C 4 years old completed 1/08/2021. The A/C units are on an annual maintenance contract. Plumbing and A/C pipes have been wrapped and reinsulated. The yard is on a regular maintenance contract with a landscaping company but bushes and plants need trimming. Owner pays water and sewer. Tenants pay electrical . All main expense items have been replace, ie. floor tiles, wood floors, roof, plumbing, A/C, kitchen cabinets, tile tubs. Remaining expenses are clean up and cosmetic and paint. No current up front building costs are required except fascia needs painting. Water main shutoff is located on the corner of Ashton and Olive. Fire hydrant is 100 feet from property located at the corner by the main shut off valve. Not in a Flood Zone, FEMA rated X. Long term tenants - 12 years and 8 years on a month to month. Rent's have just now been raised and the Gross Income is $2350.00 monthly.

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Listing Snapshot
Price 
$425,000
Days On Site 
16 Days
Bedrooms 
4
Inside Area (SqFt) 
1,680 sqft
Total Baths 
2
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.2 Acres
Year Built 
1972
MLS® Number 
A4642653
Status 
Active
Property Tax 
$4,486.24
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Public Records
Friends & Family
Recent Activity
2 weeks agoListing updated with changes from the MLS®
2 weeks agoListing first seen on site
General Features
Acres 
0.2
Carport 
2
Disclosures 
Flood DisclosureLead PaintSeller Property Disclosure
Foundation 
Slab
Parking 
AssignedCoveredDrivewayGuestOff StreetOn StreetTandem
Property Sub Type 
Duplex
Security 
Smoke Detector(s)
Sewer 
Public Sewer
SqFt Total 
2605
Stories 
One
Utilities 
Cable AvailableCable ConnectedElectricity ConnectedPhone AvailableSewer ConnectedWater Connected
Water Source 
Public
Zoning 
RSF3
Interior Features
Appliances 
Electric Water HeaterExhaust FanMicrowaveRangeRange HoodRefrigerator
Cooling 
Central AirZoned
Flooring 
Ceramic TileHardwood
Furnished 
Unfurnished
Heating 
CentralElectricExhaust FanZoned
Interior 
Open Floorplan
Laundry Features 
Electric Dryer HookupLaundry RoomOutsideWasher Hookup
Window Features 
Window CoveringsBlindsWindow Treatments
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Exterior Features
Construction Details 
BlockConcreteStucco
Exterior 
LightingRain GuttersStorage
Lot Features 
LandscapedPrivatePaved
Other Structures 
Other
Patio And Porch 
CoveredEnclosedRear PorchScreened
Roof 
Shingle
Windows/Doors 
Window CoveringsBlindsWindow Treatments
Community Features
Accessibility Features 
Accessible EntranceAccessible KitchenCentral Living Area
Financing Terms Available 
CashConventionalTrade
MLS Area 
34231 - Sarasota/Gulf Gate Branch
Roads 
AsphaltPaved
Township 
37S
Schools
School District
Unknown
Elementary School
Gulf Gate Elementary
Middle School
Brookside Middle
High School
Riverview High
Listing courtesy of SUNSET REALTY 9413506398



Listing information is provided by Participants of the Stellar MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Properties displayed may be listed or sold by various participants in the MLS Copyright 2025, Stellar MLS.
Last checked: 2025-03-27 10:35 PM EDT

Neighborhood & Commute
Source: Walkscore
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