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About this home
5408 Evora Ave is a 1976-built home in DE Soto Lakes, Sarasota. Inside you'll find 4 bedrooms, 3 bathrooms, and 2,006 square feet of living space. Listed at $550,000 (about $274/sqft), 73 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable.
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.
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The essentials
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Details
Districts can re-zone, so verify directly with the district before relying on these.
Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.
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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.
Quick answers.
Price
$550,000
$274 per sq ft
Beds and baths
4 beds, 3 baths
Size
2,006 sq ft
Time on market
73 days
Year built
1976
Monthly payment
About $3,603/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $5,523 annual tax bill, insurance.
Flood zone
Zone X
That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.
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