1504 Cocoanut Avenue, Sarasota, FL 34236

$555,000
3
BD
1
BA
1,072
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$555,000
Status
Active
Days on Market
277
Price Change
▲ $5,000 1771887829
MLS#
A4669404
Property Style
Single Family
Year Built
1951
Bedrooms
3
Bathrooms
1
Living Area
1,072
Lot Size
12,000
Acres
0.27
Total Acreage
1/4 to less than 1/2
Legal Subdivision Name
Valencia Terrace Rev
Community Name
Valencia Terrace
MLS Area Major
Sarasota

Property Description

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.

Additional Information

Taxes
$3422
Minimum Lease
1 Week
Community Features
No Deed Restriction
Property Description
One Story
Zoning
RSF4
Interior Layout
Living Room/Dining Room Combo
Interior Features
Living Room/Dining Room Combo
Floor
Tile, Wood
Appliances
Range, Refrigerator, Washer
Utilities
Sewer Connected, Water Connected
Heating
Central
Air Conditioning
Central Air
Exterior Construction
Asbestos
Exterior Features
Other, Private Mailbox, Sidewalk
Roof
Shingle
Foundation
Crawlspace, Other
Pool
No Pool
Garage Carport
1 Car Garage
Garage Spaces
1
Elementary School
Bay Haven Sch Of Basics Plus Elementary
Middle School
Sarasota Middle
High School
Riverview High
Flood Zone Code
x
Parcel ID
2025040030
Legal Description
LOTS 1 & 2 BLK G REV PLAT OF VALENCIA TERRACE

Listing courtesy of ROSEBAY INTERNATIONAL REALTY, INC. 941-366-7673

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

StellarMLS is the source of this information via Internet Data Exchange Program. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale. Availability of any listing should always be independently verified. Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may violate relevant federal and state law. Data last updated on