1504 COCOANUT, SARASOTA, FL 34236

$555,000

Beds: 3

Baths: 1 Full

Sq. Ft.: 1,072 Sq. Ft.

Year Built: 1951

Lot Size: 0.27 Acres

Garage: 1

Pool: No

DOM: 151

Property Overview

Status: Active

Property Type: Residential

MLS #: b1850754abff1ae997558261225e8521

Subdivision: VALENCIA TERRACE REV

County: Sarasota

HOA Fee: N/A

Year Built: 1951

Construction: Asbestos

Foundation: Crawlspace, Other

Roof: Shingle

Cooling: Central Air

Heating: Central

Sewer: Public Sewer

Water Source: Public

Zoning: RSF4

Tax Amount: $3,422.29 (2024)

Listed On: Oct 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.

Exterior Features

Other, Private Mailbox, Sidewalk

Directions

US 41, 15th St, go straight and pass cocoanut ave. Corner Lot.

School Information

Elementary: Bay Haven Sch of Basics Plus Elementary

Middle: Sarasota Middle

High: Riverview High

Location

Get Directions View on Google Maps

Mortgage Estimator

*Estimate includes Principal & Interest (P&I) only. It does not include taxes, insurance, HOA fees, or PMI. Rates and payments may vary. Consult a lender for accurate figures.

Listing Information

Provided Courtesy of:

ROSEBAY INTERNATIONAL REALTY, INC

Listing Agent: Este Lennox

Information is deemed reliable but not guaranteed. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data last updated: April 7, 2026, 2:46 am UTC

MLS Source: Stellar MLS Copyright © 2026

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