SARASOTA, FL 34231 5311 OLIVE AVENUE

Pending
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Presented By: SUNSET REALTY with 941-923-3351. - 941-923-3351
  • MLS# A4642653
  • 03/11/2025
  • Request Tour
  • Request Info
  • Beds • 4
  • Baths • 2
  • SQFT • 1,680

Home Details

Under contract-accepting backup offers. 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.
Presented By: SUNSET REALTY with 941-923-3351. - 941-923-3351

Interior Features for 5311 OLIVE AVENUE

Bedrooms

Total Bedrooms4

Bathrooms

Total Baths2

Other Interior Features

LivingAreaSourcepublic records
Air Conditioning Y/NYes
Fireplace Y/NNo
Flooringceramic tile, engineered hardwood, luxury vinyl
Furnished Y/Nunfurnished
Heating Y/NYes
Interior Amenitiesceiling fan(s), living room/dining room combo, open floorplan, primary bedroom main floor, solid surface counters, solid wood cabinets, thermostat, window treatments
Laundry Featureselectric dryer hookup, laundry room, outside, same floor as condo unit, washer hookup
Window Featuresblinds, window treatments

General for 5311 OLIVE AVENUE

Accessibilityaccessible kitchen, central living area
Additional Parcels Y/NNo
Applianceselectric water heater, exhaust fan, microwave, range, range hood, refrigerator
Building Area Unitssquare feet
Carport Spaces2
Carport Y/NYes
Citysarasota
Construction Materialsblock, concrete, stucco
Coolingcentral air, zoned
Countysarasota
Directionsbetween clark road and proctor road (north and south) and between swift and lockwood ridge, (east and west) one street west of lockwood ridge, 2 doors south of ashton road on olive, 5313 olive
Elementary Schoolgulf gate elementary
Flood Zone Codex
Flood Zone Code XY
Garage Y/NNo
Green Indoor Air Qualityno smoking-interior buildg, no/low voc cabinets/counters, no/low voc flooring
Gross Income24600
HOANo
Heatingcentral, electric, exhaust fan, zoned
High Schoolriverview high
Land Lease Y/NNo
Lease Considered Y/NYes
Legal Descriptionlot 13 sun haven unit 5
Levelsone
Listing Termscash, conventional, trade
Living Area Unitssquare feet
Lot Size Square Feet8560
Lot Size Unitssquare feet
MLS Area34231 - sarasota/gulf gate branch
Middle/Junior High Schoolbrookside middle
ModificationTimestamp2025-04-21t13:16:42.493z
New ConstructionNo
Number Of Units Total2
Occupancy Typetenant
Other Structuresother
Ownershipfee simple
Patio/Porch Featurescovered, enclosed, rear porch, screened
Possessionclose of escrow
Property Conditioncompleted
Property Subtypeduplex
Property Typeresidential income
Roofshingle
Security Featuressmoke detector(s)
Senior Community Y/NNo
Sewerpublic sewer
Standard Statuspending
Statuspending
Subdivision Namesun haven
Tax Annual Amount4486.24
Tax Lot13
Tax Year2024
Tenant Payselectricity
Total Actual Rent2350
Utilitiescable connected, electricity connected, fiber optics, fire hydrant, phone available, private, public, sewer connected, water connected
Virtual TourClick here
Water Access Y/NNo
Water View Y/NNo
Waterfront Y/NNo
Year Built1972
Zoningrsf3

Exterior for 5311 OLIVE AVENUE

Building Area Total2605
Covered Spaces2
Exterior Amenitiesfenced, lighting, rain gutters, sliding doors, storage
Foundation Detailsslab
Lot Dimensions80 x 107
Lot Featuresin county, landscaped, oversized lot, private
Lot Size Acres0.2
Lot Size Area8560
Number of Buildings1
Number of Lots1
Number of Separate Electric Meters2
Number of Separate Water Meters1
Open Parking Y/NYes
Parking Featuresassigned, covered, curb parking, driveway, guest, off street, on street, tandem
Private PoolNo
Road Frontage Typestreet paved
Road Responsibilitypublic maintained road
Road Surface Typepaved, asphalt
SpaNo
Water Sourcepublic

Additional Details

Price History

Schools

High School Riverview High
Elementary School Gulf Gate Elementary
Middle School Brookside Middle

Andre LaFountain

Realtor / Coach
Price $425,000
MLS#A4642653
List Date 03/11/2025
Property Type Pending
Phone 518.569.7173
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