Sarasota, FL 34231,5331 OLIVE AVE
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Sarasota, FL 34231,5331 OLIVE AVE
Sarasota, FL 34231,5331 OLIVE AVE
Sarasota, FL 34231,5331 OLIVE AVE
Sarasota, FL 34231,5331 OLIVE AVE

$375,000

Est. payment /mo

$375,000

Est.Price: ?

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5331 OLIVE AVE Sarasota, FL 34231

1,311 SqFt

SOLD DATE : 12/07/2021

Key Details

Sold Price $375,000

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Square Footage 1,311 sqft

Price per Sqft $286

Subdivision Sun Haven

MLS Listing ID A4512580

Sold Date 12/07/21

HOA Y/N No

Year Built 1967

Annual Tax Amount $2,770

Lot Size 8,712 Sqft

Acres 0.2

Lot Dimensions 80x107

Property Description

This updated, concrete block duplex in a desirable Sarasota location is a breeze to own and operate. 2 bedroom/1 bath on one side (5331) with a 1/1 on the other (5333). Both units are easily rented with renovated kitchens and baths, carports, private screened porches and their own utility/storage rooms with W/D hookups. Located on a quiet block of mainly single-family homes - just 3 miles to Siesta Key and under 15 minutes to downtown Sarasota, and surrounded by great restaurants and shops in Gulf Gate and along Clark Road - there is tremendous upside potential in this property. The new owner can continue operating as annual rentals (while increasing rents to market rate), live in one side and rent the other or transition into short-term rentals. The property was connected to sewer in 2018 and all capacity and connection fees have been paid. Other updates include: new electric panels in 2011, new metal roof in 2013, all new windows and front doors in 2015, rear patio pavers and hurricane shutters in 2020 along with a full drain line replacement in 2020 for 5333 (the previous owners replaced interior water lines throughout the property). Additionally, a home warranty is provided. Just kick back and enjoy the updates and ease of maintenance of your new investment property!

Location

State FL

County Sarasota

Community Sun Haven

Zoning RSF3

Interior

Interior Features Ceiling Fans(s), Solid Wood Cabinets, Window Treatments

Heating Electric, Wall Units / Window Unit

Cooling Wall/Window Unit(s)

Flooring Terrazzo, Tile

Fireplace false

Appliance Dishwasher, Disposal, Microwave, Range, Range Hood, Refrigerator

Exterior

Exterior Feature Hurricane Shutters, Lighting

Utilities Available Cable Available, Cable Connected, Electricity Connected, Public, Sewer Connected, Water Connected

Waterfront false

Roof Type Metal

Garage false

Private Pool No

Building

Entry Level One

Foundation Slab

Lot Size Range 0 to less than 1/4

Sewer Public Sewer

Water Public

Structure Type Block

New Construction false

Schools

Elementary Schools Gulf Gate Elementary

Middle Schools Brookside Middle

High Schools Riverview High

Others

Senior Community No

Ownership Fee Simple

Special Listing Condition None

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Stellar MLS
Listed by ALLISON JAMES ESTATES & HOMES
Bought with KELLER WILLIAMS CLASSIC GROUP

Stephen Michalakos

Senior Real Estate Advisor | License ID: SL3408427

+1(727) 601-8676

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