1504 Cocoanut Avenue, Sarasota, FL 34236

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For sale

$555,000

Listing courtesy of CENTURY 21 ROSEBAY · MLS# A4669404 · Listed October 23, 2025

3Beds
1Baths
1,072Sq ft
1951Built

1-car garage
361 days listed

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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.

Details

Single Family
Type
1951
Year built
0.27 acres
Lot
1 car
Garage
$3,422/yr
Property tax
x
Flood zone
$518
Price per sq ft

Interior

Bedrooms: 3
Bathrooms: 1
Living area: 1,072 sq ft
Stories: 1
Flooring: Tile, Wood

Features

Living Room/Dining Room Combo

Laundry

In Garage

Exterior & lot

Lot size: 0.27 acres
Lot dimensions: 103x116
Garage: 1 spaces
Roof: Shingle
Construction: Asbestos

Features

Private Mailbox
Sidewalk

Community & HOA

Community: Valencia Terrace
Subdivision: Valencia Terrace Rev
County: Sarasota

Show all details (Appliances · Costs & building · Utilities & land) ›

Appliances

Range
Refrigerator
Washer

Costs & building

Property tax: $3,422 (2024)
Flood zone: x
Price per sq ft: $518
Year built: 1951
Heating: Central
Cooling: Central Air
Days listed: 361

Utilities & land

Zoning: RSF4
Water: Public
Sewer: Public Sewer
Road: Concrete

Utilities

Sewer Connected
Water Connected

Location

1504 COCOANUT AVE

Monthly payment

$3,092 / month

Principal & interest: $2,806
Property taxes: $285
HOA: $0
Home insurance: enter below

Down payment (20%)$111,000Interest rate (%)Loan termHome insurance ($/year)

Estimate only, not a loan offer. Rate is a starting value; taxes and HOA are as reported by the listing agent. Florida insurance (including flood) varies widely. Ask George for a lender referral.

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Listings courtesy of Stellar MLS as distributed by MLS GRID

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