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$555,000

1504 Cocoanut Avenue Sarasota, FL 34236 Residential - Single Family Active

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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.

Property Highlights

Property Type: Residential - Single Family
Cooling: Central Air
Garage: 1 car attached
Heating: Central
Lot Size: 0.27 Acres
Roof Type: Shingle
Stories: 1.0
Taxes: $3,422
Year Built: 1951

General Information

Bedrooms: 3
Bathrooms: 1 Full
Sqft: 1,072
County: Sarasota
High School: Riverview High
Subdivision: VALENCIA TERRACE REV
Listed By:
Este Lennox ROSEBAY INTERNATIONAL REALTY, INC 941-366-7673

Amenities

Living Room/Dining Room Combo
Other
Private Mailbox
Sidewalk

Room Information

Living Room: 15x15
Primary Bedroom: 12x11
Dining Room: 9x12
Kitchen: 12x12

Property Features

Appliances: Range, Refrigerator, Washer
Days on Site: 130
Directions: US 41, 15th St, go straight and pass cocoanut ave. Corner Lot.
Exterior: Asbestos
Flood Zone Code: x
Flooring: Tile, Wood
Foundation: Crawlspace, Other
Home Warranty Y/N: No
Lot Dimensions: 0.27
Ownership: Fee Simple
Property Attached Y/N: No
Property Sub-Type: Single Family Residence
Sewer: Public Sewer
Showing Instructions: Call Listing Agent
Special Sale Provisions: None
Utilities: Sewer Connected, Water Connected
Water: Public
Water Access Y/N: No
Zoning: RSF4
$555,000
3beds
1.0baths
1,072sqft
1cars
Active
BEDS3 BATHS1 full SQUARE FEET1,072 MLS#A4669404
STATUSActive PROPERTY TYPEResidential - Single Family SUBDIVISIONVALENCIA TERRACE REV

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1504 Cocoanut Avenue, Sarasota, FL 34236.

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Estimated Payment

$ 2,318.96 per month $1,871.92 Principal & Interest $285.17 Property Tax $161.88 Homeowner's Insurance

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About this area

Florida/Sarasota
Sarasota

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About Sarasota

Sarasota, FL is a cultural gem. Once home to the Ringling Brothers Circus, Sarasota boasts a rich arts scene that brings people from all over the area to enjoy world-class theater, music, and other performing arts. Sarasota is also a haven with spectacular scenery, turquoise water and white sandy beaches. It offers a delightful downtown with a variety of small boutiques and exceptional restaurants. With its dynamic culture and arts scene and incredible natural beauty, Sarasota is a wonderful place to call “home.” 

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