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1504 Cocoanut Avenue

SARASOTA, FL 34236
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Bed 3

Bed

Bath 1

Bath

SqFt1,072

Sqft

Acres0.27

Acre(Lot)

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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Detail Ic Property Details

Property Type : Residential

Price : $555,000

AD Id : 68017165

MLS Id : MFRA4669404

Beds : 3

Lot Size : 0.27 Acre

Living Area Size : 1,072

Year Built : 1951

Garage : 1

County : Sarasota

Subdivision: Valencia Terrace Rev

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Feature Features

  • Bedroom Information

    Total Bedroom: 3

    Bathroom Information

    Total Baths: 1 Full Baths: 1

    Interior Features

    Living Room/Dining Room Combo Roof: Shingle Appliances: Range, Refrigerator, Washer Laundry Features: In Garage

    Roofing Information

    Shingle
  • Flooring Information

    Flooring: Tile, Wood Construction Materials: Asbestos
  • Heating & Cooling

    Heating: Central Cooling: Central Air WaterSource: Public

  • Building Information

    Year Built: 1951
  • Exterior Features

    Other, Private Mailbox, Sidewalk Construction Materials: Asbestos Foundation Details: Crawlspace, Other

  • Lot Information

    Lot Dimensions: 103x116 Lot Square Feet: 12000 Lot Acres: 0.27 Lot Size (SqMt): 1115

    Property Information

    Property Type: Residential Sub Type: Single Family Residence

  • Listing Price Information

    Original List Price:$550000

  • Tax Information

    Tax Block: G Tax Book Number: 1-45 Tax Lot: 1 Tax Legal Description: LOTS 1 & 2 BLK G REV PLAT OF VALENCIA TERRACE Annual Tax: $3422.29 Tax Year: 2024 Parcel Number: 2025040030

  • School Information

    Elementary School: Bay Haven Sch of Basics Plus Elementary Junior High School: Sarasota Middle Senior High School: Riverview High
  • Utility Information

    Sewer Connected, Water Connected Sewer: Public Sewer Water Source: Public
  • Location Information

    Subdivision: VALENCIA TERRACE REV City: SARASOTA Direction: US 41, 15th St, go straight and pass cocoanut ave. Corner Lot.
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1931 High Point Circle, Sarasota, FL, 34236 $1,495,000 3 2 1,712 1,712 SqFt
1905 Alta Vista Street, Sarasota, FL, 34236 $3,975,000 4 4 3,813 3,813 SqFt
654 Lafayette Court, Sarasota, FL, 34236 $2,795,000 5 7 3,748 3,748 SqFt
1950 Adams Lane, Sarasota, FL, 34236 $995,000 1 1 1,112 1,112 SqFt
1838 Alta Vista Street, Sarasota, FL, 34236 $3,495,000 5 6 4,452 4,452 SqFt
1846 Lincoln Drive, Sarasota, FL, 34236 $2,095,000 3 4 2,618 2,618 SqFt
1903 Oak Street, Sarasota, FL, 34236 $720,000 3 3 1,626 1,626 SqFt
1821 Lincoln Drive, Sarasota, FL, 34236 $5,425,000 4 5 3,906 3,906 SqFt
1798 Lincoln Park Circle, Sarasota, FL, 34236 $2,700,000 4 3 3,783 3,783 SqFt
1862 6th Street, Sarasota, FL, 34236 $749,000 3 3 1,419 1,419 SqFt
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ByOwner last updated this listing 06/06/2026 @ 18:20

MLS: MFRMLS #A4669404 LISTED BY: Este Lennox, ROSEBAY INTERNATIONAL REALTY, INC 941-366-7673 SOURCE: MFRMLS (My Florida Regional MLS DBA Stellar MLS) (Listings courtesy of MFRMLS (My Florida Regional MLS DBA Stellar MLS) as distributed by MLS GRID)

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