1504 Cocoanut Avenue, Sarasota, FL 34236

$555,000
3
BD
1
BA
1,072
SqFt

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List Price
$555,000
Price Change
▲ $5,000 1771887829
MLS#
A4669404
Bedrooms
3
Bathrooms
1
Sq. Ft
1,072
Lot Size
12,000
Subtype
Single Family
County
Sarasota
Community
No Deed Restriction
Subdivision
Valencia Terrace
Year Built
1951

Property 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.

Additional Information

Construction
Asbestos
Cooling
Central Air
Heating
Central
Roof
Shingle
Utilities
Sewer Connected, Water Connected
Stories
1
Acres
0.27
Price Per Sqft
$517

Listing courtesy of CENTURY 21 ROSEBAY. Contact: 941-366-7673

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