1504 COCOANUT AVE, SARASOTA, FL 34236

$555,000

Active · 278 days on market · MLS# MFRA4669404

Bedrooms3
Bathrooms1
Living area1,072 sq ft
Lot size0.27 acres
Year built1951
Property typeSingle Family Residence
Garage spaces1
Private poolYes
WaterfrontYes
Annual taxes$3,422
CountySarasota

About this home

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.

Listing courtesy of Este Lennox, CENTURY 21 ROSEBAY. Presented by MC Homes Realty Inc · 727432218.

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