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5911 Olive Ave, Sarasota, FL, 34231

3beds
2baths
1,324sqft
$375,000
$283price/sqft
$3,078/moest. monthly cost
$123,120/yrincome needed

About This Home

One or more photo(s) has been virtually staged. Located in a quiet residential neighborhood just 3.7 miles from Siesta Key, this well maintained Florida ranch offers a combination that is getting harder to find. Close proximity to the beach, no HOA, and the added peace of mind of being in flood zone X. This three bedroom, two bath home features a split floor plan with a primary suite that includes a walk in closet and en suite bath. The kitchen has been updated with granite countertops and opens into the main living space, creating a comfortable and functional layout for everyday living. Recent updates make this home truly move in ready, including brand new luxury vinyl plank flooring and fresh interior paint in 2026. Additional improvements include roof in 2015, HVAC in 2017, electrical panel in 2015, repipe in 2015, and water heater in 2016. The Florida room offers flexible bonus space that can be used as a home office, additional living area, or seasonal room. Out back, the fully fenced yard provides plenty of space to spread out, whether for pets, play, or storing a boat, trailer, or other toys. With no HOA, you have the flexibility to actually use your property. Whether you are looking for a full time residence, a seasonal place near the beach, or an investment opportunity, this location delivers. Just minutes to Siesta Key, shopping, and dining, with a level of flexibility that is hard to find this close to the water. Schedule your private showing today!

Getting Around

69
WalkingSomewhat Walkable
33
TransitSome Transit
64
BikeBikeable

Schools

5/10
6/10
Brookside Middle SchoolGrades 6-82.5 mi
7/10
Riverview High SchoolGrades PK,9-121.2 mi

Construction

Condition

  • Property condition: Completed
  • Year built: 1957

Materials

  • Foundation: Slab
  • Roof: Shingle
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Florida,Ranch
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dryer,Refrigerator,Washer
  • Laundry features: Inside,Laundry Room

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Ceiling Fan(s),Kitchen/Family Room Combo,Open Floorplan,Primary Bedroom Main Floor,Solid Surface Counters,Split Bedroom,Stone Counters,Thermostat,Walk-In Closet(s)
  • Window features: Window Treatments
  • Flooring: Luxury Vinyl,Travertine

Florida Room

  • Features: Storage Closet
  • Level: First
  • Area: 140
  • Dimensions: 10x14

Heating & Cooling

  • Heating features: Central,Electric
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,324
  • Total interior livable area: 1,324 sqft

Kitchen

  • Features: Breakfast Bar,No Closet
  • Level: First
  • Area: 132
  • Dimensions: 11x12

Living Room

  • Features: No Closet
  • Level: First
  • Area: 182
  • Dimensions: 13x14

Primary Bedroom

  • Features: Walk-In Closet(s)
  • Level: First
  • Area: 143
  • Dimensions: 13x11

Utility Room

  • Features: No Closet
  • Level: First
  • Area: 60
  • Dimensions: 6x10

Property

Details

  • Parcel number: 0101030028
  • Zoning: RSF3
  • Special condition: None

Features

  • Levels: One
  • Stories: 1
  • Exterior features: Private Mailbox
  • Fencing: Wood

Lot

  • Lot size: 8,400 sqft

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hurricane
    HurricaneVery High
  • Lightning
    LightningVery High
  • Inland Flooding
    Inland FloodingModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Lightning
Inland Flooding
Strong Wind
Tornado
Tsunami

FEMA Declared Disasters in Sarasota County and Florida

Coastal Storm
Flood
Hurricane
Severe Storm
Straight Line Winds
Tornado
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,896$22,752
Home Insurance *$562$6,744
Property Taxes $423$5,076
Electricity $197$2,366
Total$3,078$36,936
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$105,531/yr
40% on housing$92,340/yr
45% on housing$82,080/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 15.0%
15.0%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 6.6%
6.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$283This listing

vs Other Active Listings

Avg $/sqft

ZIP 34231$396
Sarasota County$346

vs Homes Sold Last Month

Median $/sqft

ZIP 34231$260
Sarasota County$245

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-27Price change$375,000
2026-04-07Listed for sale$385,000
2026-04-01Listing removed$2,750
2026-03-04Price change$2,750
2025-03-20Listed for rent$3,000
2025-03-19Listing removed$3,000
2024-05-28Price change$3,000
2024-03-30Listed for rent$2,800
2024-03-30Listing removed--
2023-06-09Listed for rent$2,750
2022-05-31Listing removed--
2022-05-18Price change$2,700
2022-05-05Listed for rent$3,195
2022-04-19Sold$380,000
2022-03-08Pending sale$359,000
2022-03-02Listed for sale$359,000
2016-10-19Sold$218,000
2016-10-14Price change$239,900
2016-09-27Listed for sale$229,900
2015-09-18Sold$105,000
2015-07-06Listed for sale$119,900
2015-07-06Pending sale$119,900
2015-07-02Listed for sale$119,900
2015-06-10Pending sale$119,900
2015-04-22Listed for sale$119,900
1998-06-19Sold$57,800
1997-03-24Sold$72,000
1993-06-01Sold$50,000

For Sale by Agent

AgentAshley Wallace
BrokerageCOLDWELL BANKER REALTY

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