1504 Cocoanut Ave, Sarasota, FL, 34236
$518/sqft·Valencia Terrace
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At a glance
About this home
1504 Cocoanut Ave is a 1951-built home in Valencia Terrace Rev, Sarasota. Inside you'll find 3 bedrooms, 1 bathrooms, and 1,072 square feet of living space. Listed at $555,000 (about $518/sqft), 278 days on market. Flood zone x - outside the FEMA high-risk areas, which keeps insurance manageable.
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.
The essentials
Location
Elementary
Bay Haven Sch of Basics Plus Elementary
Middle
Sarasota Middle
High
Riverview High
Districts can re-zone, so verify directly with the district before relying on these.
Annual Tax (2024)
$3,422
Parcel #
2025040030
Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.
Subdivision
Valencia Terrace Rev
County
Sarasota
MLS Area
34236 - Sarasota
Lot Size
12,000 sqft
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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.
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