$189,900
$25K PRICE INCREASE

503 Olive Ave Nokomis, FL 34275

Estimated payment $1,176/month

Total Views 9,391
2 Beds
1 Bath
800 Sq Ft
$237 Price per Sq Ft

Highlights

  • No HOA
  • Living Room
  • Wood Siding
  • Laurel Nokomis School Rated A-
  • East Facing Home

About This Home

SITTING ON A DOUBLE LOT **** BRAND NEW WINDOWS - NEW ELECTRICAL - NEW METAL ROOF - PAVER DRIVEWAY - BRAND NEW STUCCO and NEW EXTERIOR PAINT ** There is no better investment in the up-and-coming area of Nokomis than this 2 bedroom, 1 bath sitting on a fantastic double lot. This home provides all the updates and creature comforts you do not want to spend on.. Equity is already established at this low asking price and ready for your interior updates and preference. Perfect starter home or rental property. Incredible value in the lot by itself.. Call Today, Priced to Sell Quickly :)

Listing Agent

Justin Shirley

SHIRLEY INTERNATIONAL REALTY Brokerage Phone: 941-448-4872 License #3116512 Listed on: 02/25/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,540

Year Built

  • Built in 1960

Lot Details

  • 10,500 Sq Ft Lot
  • East Facing Home
  • Property is zoned RC

Home Design

  • Frame Construction
  • Wood Siding

Interior Spaces

  • 800 Sq Ft Home
  • Living Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Septic Tank

Community Details

  • No Home Owners Association
  • Nokomis Manor Natures Park Community
  • Nokomis Manor Natures Park Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,540

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Other, Frame, Wood Siding
  • Fireplace: No
  • Living Area: 800
  • Lot Size Acres: 0.24
  • New Construction: No
  • Year Built: 1960
  • Building Area Total: 800
  • Lot Size Sq Ft: 10500
  • Directions to Property: South on Old Albee Farm. East on Venetia. South on Olive. Follow all the way to the home located @! 503 Olive
  • Status: Active
  • Ownership: Fee Simple
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 1047146
  • Minimum Lease: 1 Month
  • RATIO Current Price By Calculate: 237.38
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 0
  • MFR_InLawSuiteYN: 0
  • Attribution Contact: 941-448-4872
  • Tax Year: 2024
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Other
  • Full Bathrooms: 1
  • Interior Amenities: Other
  • Appliances Included: Other
  • Foundation Details: Other
  • Total Bedrooms: 2
  • Levels: One
  • Street Number Modifier: 503
  • Living Area Meters: 74.32
  • Room Count: 3

Exterior Features

  • Direction Faces: East
  • Exterior Features: Other
  • Roof: Other
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2024-03-27
  • Flood Zone Panel: 12115C0331G

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Utilities: Other
  • Cooling: Other
  • Heating: Other
  • Laundry Features: Other
  • Sewer: Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Lot Info

  • Zoning: RC
  • Parcel Number: 0403050017
  • Additional Parcels: No
  • Flood Zone Code: AE
  • Homestead YN: 0
  • Lot Size Square Meters: 975

Rental Info

  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Inquire with Sarasota County

Tax Info

  • Tax Annual Amount: 1540
  • Tax Book Number: 2-69
  • Tax Lot: 150

Multi Family

  • Approval Process: Inquire with Sarasota County

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $575 $80,000 $73,700 $6,300
2023 $575 $22,063 $0 $0
2022 $555 $21,420 $0 $0
2021 $595 $20,796 $0 $0
2020 $580 $20,509 $0 $0
2019 $548 $20,048 $0 $0
2018 $521 $19,674 $0 $0
2017 $521 $19,269 $0 $0
2016 $521 $20,000 $13,800 $6,200
2015 $521 $20,500 $15,500 $5,000
2014 $521 $28,400 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2025 08/07/25 Price Changed $189,900 -4.6% $237 / Sq Ft
08/01/2025 08/01/25 Price Changed $199,000 +7.6% $249 / Sq Ft
06/10/2025 06/10/25 Price Changed $185,000 +12.1% $231 / Sq Ft
02/25/2025 02/25/25 For Sale $165,000 -- $206 / Sq Ft
Source: Stellar MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $100 None Listed On Document
Warranty Deed $79,000 None Listed On Document
Warranty Deed $17,000 Attorney
Deed $38,000 None Available
Grant Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $30,000 New Conventional
Previous Owner $15,000 Unknown
Previous Owner $15,000 Seller Take Back
Source: Public Records

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Source: Stellar MLS

MLS Number: A4642252

Stellar MLS

APN: 0403-05-0017