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$550,000

5408 EVORA AVENUE, SARASOTA, FL 34235

Active69 days on market

Beds

4

Baths

3

Sq Ft

2,006 sq ft

Year Built

1976

Lot Size

0.24 acres

Garage

5

About This Property

INVESTMENT OPPORTUNITY WITH TENANT IN PLACE! This spacious Sarasota pool home is currently tenant occupied at $3,900 monthly, offering an investor the opportunity to acquire a property with existing rental income from day one. Beyond its investment potential, this home offers something increasingly hard to find—space, flexibility, incredible outdoor living, and NO HOA. Featuring 4 bedrooms, 3 full baths, a den/flex room, and a detached multi-purpose building, the property provides numerous possibilities. Step inside to a bright, open living and dining area highlighted by a charming bay window and an updated kitchen with abundant cabinetry, generous counter space, stainless steel appliances and breakfast bar. The flexible floor plan includes two en-suite bedrooms, providing an excellent setup for guests or extended family. The primary retreat features wood flooring, a large walk-in closet, dual vanities and a jetted tub, while the nearby den offers additional space for an office, nursery, fitness room or quiet retreat. Recent improvements include a NEW ROOF in 2023, NEW WINDOWS in 2024, updated ceramic tile downstairs, NuCore engineered wood flooring upstairs, and A/C replaced in 2017. The outdoor space is a true highlight. French doors open to an expansive screened lanai and impressive 32-foot pool, creating an outstanding setting for entertaining and enjoying the Florida lifestyle year-round. The screened outdoor area measures approximately 55' x 27', providing plenty of room for dining and lounging. Beyond the pool is a large fenced backyard surrounded by mature landscaping and lemon, lime and mango trees. The detached air-conditioned building with electricity adds even more versatility as a home office, studio, workshop, hobby space or other creative use, complete with a covered wood deck overlooking the backyard. Located in De Soto Lakes, enjoy convenient access to UTC shopping and dining, Nathan Benderson Park, I-75, Lakewood Ranch, SRQ Airport, Downtown Sarasota, golf, parks and Sarasota's renowned Gulf beaches.

Property Overview

Property TypeResidential
Sub TypeSingle Family Residence
MLS #A4699401
StatusActive
Year Built1976
Stories2
Total Rooms8
ConstructionBlock, Stone, Stucco, Vinyl Siding, Wood Frame
RoofShingle
FoundationSlab
FacesWest
SubdivisionDE SOTO LAKES
CountySarasota
OwnershipFee Simple

Interior Features

InteriorBuilt-in Features, Ceiling Fan(s), Kitchen/Family Room Combo, Living Room/Dining Room Combo, PrimaryBedroom Upstairs, Split Bedroom, Walk-In Closet(s)
FlooringCeramic Tile, Laminate, Hardwood
AppliancesDishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
LaundryLaundry Room
CoolingCentral Air
HeatingCentral, Electric, Heat Pump

Exterior & Lot

ExteriorPermeable Paving, Private Mailbox, Private Yard, Sliding Doors
Lot Size0.24 acres (10,422 sq ft)
Lot Dimensions80 x 117
Road SurfacePaved

Pool & Spa

Private PoolYes
Pool FeaturesGunite, In Ground, Screen Enclosure

Utilities

WaterPublic
SewerPublic Sewer
UtilitiesBB/HS Internet Available, Cable Connected, Public

Parking

GarageYes (5 spaces)

HOA & Community

HOANo
Senior CommunityNo

Financial Details

List Price$550,000
Annual Taxes$5,523 (2025)
FinancingCash, Conventional, FHA, VA Loan
ZoningRSF3
Parcel #0019020013

Schools

ElementaryEmma E. Booker Elementary
MiddleBooker Middle
HighBooker High

Directions

UNIVERSITY PKWY TO DESOTO RD TO EVORA AVE

Location

5408 EVORA AVENUE, SARASOTA, FL 34235

Listing Information

OfficeKW SUNCOAST
ListedJuly 29, 2026

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Home Price

$550,000

20% ($110,000)
6.75%

Loan Term

Principal & Interest$2,854
Property Tax (est.)$504
Insurance (est.)$150
Total Monthly$3,508
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Nearby Schools

How to Buy This Home

Multiple financing options available for this $550,000 home in SARASOTA.

🏛️

FHA Loan

$19,250 Down

Government-backed, low down payment. Credit scores as low as 580.

🎖️

VA Loan

$0 Down

Zero down for eligible veterans, active duty, and military families.

🏦

Conventional

$27,500 Down

Traditional financing. As low as 3-5% down with good credit.

Florida Down Payment Assistance Programs

You may qualify for up to $35,000 in assistance to cover your down payment and closing costs.

Florida Hometown Heroes

Up to $35,000

First-time buyers working in FL

FL Assist

Up to $10,000

FHA, VA, or USDA borrowers

FL HLP Second Mortgage

Up to $10,000

First-time buyers, 0% deferred

Sarasota County SHIP

Varies

Income-qualifying Sarasota residents

Can You Afford This Home?

Quick check based on the 28% debt-to-income rule. Not a guarantee — just a starting point.

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Listing information is deemed reliable but not guaranteed. All measurements and data should be independently verified. This information is provided by the Stellar MLS. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: September 24, 2026.

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