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Property Description

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 was just raised $300.00 a month, not included in above figures.

Features
Central, Electric, Zoned, Exhaust Fan
Zoned, Central Air
Screened, Covered, Rear Porch, Enclosed
Unfurnished
Accessible Kitchen, Central Living Area
Exhaust Fan, Microwave, Refrigerator, Electric Water Heater, Range, Range Hood
Fenced, Rain Gutters, Sliding Doors, Lighting, Storage
Ceramic Tile, Engineered Hardwood, Luxury Vinyl
Open Floorplan, Living Room/dining Room Combo, Solid Wood Cabinets, Solid Surface Counters, Thermostat, Window Treatments, Primary Bedroom Main Floor, Ceiling Fan(s)
Laundry Room, Outside, Washer Hookup, Electric Dryer Hookup, Same Floor As Condo Unit
In County, Oversized Lot, Landscaped, Private
Driveway, Assigned, Guest, Off Street, On Street, Covered, Curb Parking, Tandem
Shingle
Smoke Detector(s)
Public Sewer
Cable Connected, Electricity Connected, Sewer Connected, Public, Phone Available, Fiber Optics, Water Connected, Fire Hydrant, Private
Address Map
FL
Sarasota
SARASOTA
34231
5311 OLIVE AVENUE
0
W83° 29' 36.6''
N27° 16' 34.4''
Between 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
SUN HAVEN
Additional Info
SUNSET REALTY
Yvonne Blackburn
2
Block, Stucco, Concrete
0
Gulf Gate Elementary
Slab
Riverview High
One
281501308
281502337
Cash, Conventional, Trade
Brookside Middle
2
Other
Completed
Street Paved
No
$4,486
2024
Public
RSF3
03/11/2025 17:33:31
$0

5311 OLIVE AVENUE, SARASOTA, Florida 34231

5311 OLIVE AVENUE, SARASOTA, Florida 34231

4 Bedrooms
1,680 Sqft
$425,000
Listing ID #A4642653
Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : A4642653
Price : $425,000
Bedrooms : 4
Square Footage : 1,680 Sqft
Year Built : 1972
Lot Area : 8,560 Sqft
Standard Status : Active
Building Area : 2,605 Sqft
MLS Status : Active
Property Type : Duplex
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