About This Home

This 3-bedroom, 1-bathroom single family at 1504 COCOANUT Avenue in Sarasota, FL is listed for $555,000 ($518 per sqft). Built in 1951, the home offers 1,072 sqft of living space on a 0.27 acres lot.

Key Features

  • Built in 1951
  • 0.27 acre lot

Property Details

1 story
1 full
1-car garage
1951

Amenities

A/C
Listing 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.

Monthly Cost Estimate

$2,968/mo

20% down · 6.5% · 30 years

Principal$401
Interest$2,405
Insurance$162

Estimates only. Actual payments may vary.

Location

1504 COCOANUT Avenue

Sarasota, FL 34236

VALENCIA TERRACE REV

Features & Amenities

Interior Features

Living Room/Dining Room Combo

Exterior Features

Private MailboxSidewalk

Property Details

Flooring

WoodTile

Construction

Asbestos

Heating

Central

Cooling

Central Air

Appliances

RangeRefrigeratorWasher

Questions & Answers

This 3-bedroom, 1-bathroom single family at 1504 COCOANUT Avenue is listed at $555,000 ($518/sqft). The estimated monthly payment is $2,968 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1951, 0.27 acre lot. Interior Features: Living Room/Dining Room Combo. Exterior Features: Private Mailbox, Sidewalk.

This property is listed by Este Lennox.

EL

Este Lennox

Agent at RoseBay International Realty, Inc.

Listed by RoseBay International Realty, Inc. · Broker phone: (941) 366-7673 · View on Broker Site · Broker website

MLS# A4669404· Source: Stellar MLS· 370 days on PropertySimple

Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1504 COCOANUT Avenue, Sarasota, FL 34236

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