5311 OLIVE AVE new Save Request In-Person Tour Request Virtual Tour
Sarasota,FL 34231
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,680 sqft
Price per Sqft $252
Subdivision Sun Haven
MLS Listing ID A4642653
Bedrooms 4
Construction Status Completed
HOA Y/N No
Originating Board Stellar MLS
Year Built 1972
Annual Tax Amount $4,486
Lot Size 8,712 Sqft
Acres 0.2
Lot Dimensions 80x107
Property Sub-Type Duplex
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's have just now been raised and the Gross Income is $2350.00 monthly.
Location
State FL
County Sarasota
Community Sun Haven
Zoning RSF3
Interior
Interior Features Ceiling Fans(s),Living Room/Dining Room Combo,Open Floorplan,Primary Bedroom Main Floor,Solid Surface Counters,Solid Wood Cabinets,Thermostat,Window Treatments
Heating Central,Electric,Exhaust Fan,Zoned
Cooling Central Air,Zoned
Flooring Ceramic Tile,Hardwood,Luxury Vinyl
Furnishings Unfurnished
Fireplace false
Appliance Electric Water Heater,Exhaust Fan,Microwave,Range,Range Hood,Refrigerator
Laundry Electric Dryer Hookup,Laundry Room,Outside,Same Floor As Condo Unit,Washer Hookup
Exterior
Exterior Feature Fence,Lighting,Rain Gutters,Sliding Doors,Storage
Parking Features Assigned,Covered,Curb Parking,Driveway,Guest,Off Street,On Street,Tandem
Utilities Available Cable Connected,Electricity Connected,Fiber Optics,Fire Hydrant,Phone Available,Private,Public,Sewer Connected,Water Connected
Roof Type Shingle
Porch Covered,Enclosed,Rear Porch,Screened
Garage false
Private Pool No
Building
Lot Description In County,Landscaped,Oversized Lot,Private,Paved
Entry Level One
Foundation Slab
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Block,Concrete,Stucco
New Construction false
Construction Status Completed
Schools
Elementary Schools Gulf Gate Elementary
Middle Schools Brookside Middle
High Schools Riverview High
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash,Conventional,Trade
Listing Terms Cash,Conventional,Trade
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/stellar/A4642653