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5408 EVORA AVENUE
About This Property
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.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
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Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
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Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 25, 2026 | Price Decreased |
$550,000
↓ $10K
(1.8%) | |
| Price Decreased | |||
| Aug 3, 2026 | Price Increased |
$560,000
↑ $10K
(1.8%) | |
| Price Increased | |||
| Jul 29, 2026 | Listed by KW SUNCOAST | $550,000 | |
| Listed by KW SUNCOAST | |||
| Nov 12, 2025 | Price Decreased |
$569,000
↓ $20K
(3.4%) | |
| Price Decreased | |||
| Oct 19, 2025 | Listed | $589,000 | |
| Listed | |||
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Fun in the Sun! Spacious 5BR/3BA Pool Home in De Soto Lakes – Where Every Day Feels Like a Vacation! Enjoy the best of Florida living in this beautifully updated home near University Park, UTC Mall, Benderson Park, golf courses, and Sarasota’s top beaches. Light-filled open floor plan with bay window dining area, built-in shelving, and stylish finishes. The kitchen features stainless steel appliances, farmhouse lighting, breakfast bar, and ample storage. French doors open to a large screened pool area with new screening—perfect for entertaining or relaxing. Detached building with A/C and power is ideal for a studio or workshop, plus a covered wood deck overlooking the pool and backyard. Two en-suite bedrooms include a spacious primary suite with double vanity and jetted tub. New ceramic tile downstairs, NuCore engineered wood upstairs. Major updates: new roof (2023), new windows (2024), A/C (2017). Brick paver driveway, tropical landscaping, and no HOA! Perfect for Airbnb or enjoying the Florida lifestyle.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017