1504 COCOANUT AVENUE

SARASOTA, FL 34236

Listing courtesy of CENTURY 21 ROSEBAY · MLS# A4669404

$555,000

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view from 15th St

Property Details

Bedrooms

Bathrooms

Square Feet

1,072

MLS#

A4669404

Listed

October 23, 2025

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.

Facts & Costs

Property type: Single Family Residence
Year built: 1951
Lot size: 0.27 acres
Stories: 1
Garage: 1 spaces
Price per sq ft: $518
Days on market: 343
Private pool: No
Waterfront: No
Community: Valencia Terrace
Subdivision: VALENCIA TERRACE REV
County: Sarasota
Flood zone: x

Monthly & yearly costs

Property taxes: $3,422 / year (2024)

As reported by the listing agent. Verify with the HOA and county.

Construction & systems

Heating: Central
Cooling: Central Air
Flooring: Tile, Wood
Roof: Shingle
Construction: Asbestos

Payment Estimate

$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.

Location

Features & Amenities

Range
Refrigerator
Washer
Living Room/Dining Room Combo
Other
Private Mailbox
Sidewalk

Information deemed reliable but not guaranteed.

Listings courtesy of Stellar MLS as distributed by MLS GRID

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