1504 Cocoanut Avenue, Sarasota, FL 34236
Local realty services provided by:ERA Advantage Realty, Inc.
Listed by: este lennox
Office: century 21 rosebay
MLS#:A4669404
Source:MFRMLS
Price summary
- Price:$555,000
- Price per sq. ft.:$497.76
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....
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Home facts
- Year built:1951
- Subdivision & Development:VALENCIA TERRACE REV
- Listing ID #:A4669404
- Added:916 day(s) ago
- Updated:August 17, 2026 at 08:54 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:1
- Full bathrooms:1
- Flooring:Tile, Wood
- Dining Description:Living Room/Dining Room Combo
- Kitchen Description:Range, Refrigerator
- Basement Description:Crawlspace
- Living area:1,072 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central
- Central air:Yes
Structure and exterior
- Roof:Shingle
- Year built:1951
- Building area:1,072 sq. ft.
- Lot area:0.27 Acres
- Construction Materials:Asbestos
- Exterior Features:Private Mailbox, Sidewalk
- Levels:1 Story
Schools
- High school:Riverview High
- Middle school:Sarasota Middle
- Elementary school:Bay Haven Sch of Basics Plus Elementary
Utilities
- Water:Public, Water Connected
- Sewer:Public Sewer, Sewer Connected
Finances and disclosures
- Price:$555,000
- Price per sq. ft.:$497.76
- Tax amount:$3,422 (2024)
Features and amenities
- Appliances:Range, Refrigerator, Washer
- Laundry features:In Garage, Washer
- Amenities:Living Room/Dining Room Combo
- Pool features:Public Pool
Parking
- Parking description:Attached Garage
- Garage:Yes
- Garage spaces:1
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