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About This Home
This 3-bedroom, 1-bathroom single family at 1504 COCOANUT AVENUE in SARASOTA, FL is listed for $555,000 ($518 per sqft). Built in 1951, the home offers 1,072 sqft of living space on a 0.27 acres lot.
Beautiful Double Lot Near Downtown Sarasota and The Bay.
Prime opportunity for future land development north of downtown Sarasota and The Bay. The value lies in the spacious double lot, nestled in a highly desirable residential neighborhood close to the international airport, Bayfront, and vibrant downtown Sarasota, close to top-rated restaurants, bars, and boutique shops. Enjoy easy access to the public boat ramp on 10th Street, offering a direct route to the Gulf of Mexico for boating and water recreation. Schematic plans and renderings for two homes, each 2500sqft illustrating what can potentially be built on 1504 Cocoanut Ave. should the buyer choose to subdivide the lot.
Just a few blocks away, the renowned Ringling College of Art and Design adds to the neighborhood’s prestige. This property is ideal for a two-family home site, a strong investment opportunity in one of Sarasota’s most sought-after areas. The existing home currently generates rental income with a tenant in place. Survey available upon request.
Key Features
- Built in 1951
- 0.27 acre lot
Property Details
Monthly Cost Estimate
$2,968/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1504 COCOANUT AVENUE
SARASOTA, FL 34236
VALENCIA TERRACE REV
Features & Amenities
Interior Features
Exterior Features
Property Details
Flooring
Construction
Parking
Heating
Cooling
Appliances
Questions & Answers
This 3-bedroom, 1-bathroom single family at 1504 COCOANUT AVENUE is listed at $555,000 ($518/sqft). The estimated monthly payment is $2,405 based on 20% down at 6.5% interest.
Key features include: Built in 1951, 0.27 acre lot. Interior Features: Living Room/Dining Room Combo. Exterior Features: Private Mailbox, Sidewalk.
This property is listed by Este Lennox and can be reached at 9413667673 or estelennox@verizon.net.