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1504 Cocoanut Ave, Sarasota, FL, 34236

3beds
1baths
1,072sqft
$555,000
$518price/sqft
$4,185/moest. monthly cost
$167,400/yrincome needed

About This Home

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.

Getting Around

68
WalkingSomewhat Walkable
36
TransitSome Transit
71
BikeVery Bikeable

Schools

2/10
Gocio Elementary SchoolGrades PK-52.9 mi
5/10
Booker Middle SchoolGrades 6-81.7 mi
7/10
Riverview High SchoolGrades PK,9-125.0 mi

Construction

Condition

  • Year built: 1951

Materials

  • Foundation: Crawlspace,Other
  • Roof: Shingle
  • Construction materials: Asbestos

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Range,Refrigerator,Washer
  • Laundry features: In Garage

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full bathrooms: 1

Dining Room

  • Level: First
  • Area: 108
  • Dimensions: 9x12

Features

  • Living Room/Dining Room Combo
  • Flooring: Tile,Hardwood

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,115
  • Total interior livable area: 1,072 sqft

Kitchen

  • Level: First
  • Area: 144
  • Dimensions: 12x12

Living Room

  • Level: First
  • Area: 225
  • Dimensions: 15x15

Primary Bedroom

  • Features: Built-in Closet
  • Level: First
  • Area: 132
  • Dimensions: 12x11

Property

Details

  • Parcel number: 2025040030
  • Zoning: RSF4
  • Special condition: None

Features

  • Levels: One
  • Stories: 1
  • Exterior features: Other,Private Mailbox,Sidewalk

Lot

  • Lot size: 0.28 Acres
  • Lot size dimensions: 103 x 116

Parking

  • Total spaces: 1
  • Parking features: Garage - Attached
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1