by Global Lifestyle Properties

See Home Value
$350,000
● House - Off Market

4038 OLIVE AVENUE

SARASOTA, FL 34231
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,568 Ft²
$2,123
Est. Monthly

About This Property

One or more photo(s) has been virtually staged. PRICE IMPROVEMENT!! This charming 3-bedroom, 2-bath home combines warmth, functionality, and an unbeatable location. Inside, you'll find durable LVP flooring throughout and a thoughtfully remodeled kitchen featuring custom cabinetry, ample counter space, and a seamless flow into the formal dining area-perfect for hosting gatherings or everyday meals. The spacious primary suite is conveniently located on the first floor, offering privacy and ease of living, while two additional bedrooms, a full bath, and an airy open loft await upstairs-ideal for a home office, media room, or play space. Soaring vaulted ceilings fill the home with natural light and create an inviting, open atmosphere. A 2-car garage with extra storage provides plenty of room for vehicles, tools, and recreational gear. Step outside to your own private backyard retreat, surrounded by lush tropical landscaping-perfect for relaxing evenings or weekend barbecues. Ideally situated just minutes from Bee Ridge Park and a short drive to the powdery sands of Siesta Key Beach, this home also offers convenient access to top-rated schools, shopping, dining, and everyday essentials. Enjoy the best of Florida living in a location that truly has it all.
Unit Size
1,568 Ft²
Days on Market
89 days
Land Size
0.16 acres
Price per sqft
$226
Property Type
House
Property Taxes
$380
HOA Dues
-
Year Built
1989

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Last updated: 6 months ago (Stellar MLS #A4683151)

Price History

Date / Event Date Event Price
May 18, 2026 Sold
Sold
Apr 11, 2026 In contract -
In contract
Apr 8, 2026 Price Decreased $354,900
↓ $15K (4.1%)
Price Decreased
Mar 21, 2026 Price Decreased $369,900
↓ $15K (3.9%)
Price Decreased
Mar 5, 2026 Price Decreased $384,900
↓ $7K (1.8%)
Price Decreased
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Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 2009
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 3
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 15
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 400
  • Parking Space Count: 2
  • Patio Type: 69
  • Porch Type: 111
  • Pool Type: 0
  • Location Influence Type: 125

    Dimensions

  • Lot Size Square Feet: 7,150
  • Lot Size Depth Feet: 1,380
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,968
  • Gross Building Area: 2,264
  • Building Area: 1,568
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,568
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FLORA VILLA FINAL SURVEY
  • Land Acres: 0000000164
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 001
  • Legal Description 1: S 24 FT OF LOT 14 & N 28 FT OF LOT 16 BLK 1 FLORA VILLA

Neighborhood

  • School District Name: Sarasota County School District
  • School Tax School District: A055 F052 G054
  • Census Tract: 001704

Zoning

  • Zoning: RSF3

Geography

  • Assessors Map Reference: 29-4
  • Account Number: 0072060038
  • Subdivision Tract Number: 463
  • Parcel: 0072-06-0038
  • Block: 1
  • Lot: 14,16
  • Meridian: SEC 04 TWN 37S RNG 18E
  • Municipality: SARASOTA COUNTY
  • Latitude: 27.2961
  • Longitude: -82.5073

    Address

  • Full Address: 4038 Olive Ave
  • Address - House Number: 4038
  • Address - Street Name: Olive
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Sarasota
  • Carrier Code: C097
  • 4-Digit Zip Code: 7608
  • Zip Code: 34231

Valuation

    Tax

  • Total Area: 2,072
  • Tax Year: 2023
  • Tax Amount: $464,700
  • Tax Rate Code Area: 0100

    Appraisal Valuation

  • Standard Deviation: 0.193
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 74
  • Final Value: 487,884
  • High Value: 582,055
  • Low Value: 393,712

    Market Valuation

  • Market Total Value: $341,900
  • Market Land Value: $118,400
  • Market Improvement Value: $223,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $341,900
  • Assessed Land Value: $118,400
  • Assessed Improvements Value: $223,500

    Sales

  • Current Sale Contract Date: Jul 30, 2021
  • Current Sale Recording Date: Oct 14, 2021
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021187824
  • Previous Sale Recording Date: May 30, 2002
  • Previous Sale Contract Date: May 29, 2002
  • Previous Sale Amount: $145,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Flora Villa


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Unit for rent at 2500 Monterey Street, SARASOTA, FL, 34231

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2500 Monterey Street, SARASOTA, FL, 34231 Listing by Lisa Warren-Wallace
Unit for rent at 3210 Wood Street, FL, 34237

$8,000 /mo

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3210 Wood Street, FL, 34237 Listing by Adam Kabinoff


Frequently Asked Questions

When was property at 4038 Olive Avenue built and last sold?
The property at 4038 Olive Avenue was built in 1989 and last sold on Jul 30, 2021 for $385,000.
How much is this home worth?
The estimated value of the home located at 4038 Olive Avenue is $367,474.
What are some comparable homes to 4038 Olive Avenue?
There are currently no comparable homes to 4038 Olive Avenue.