Address
1504 Cocoanut Avenue, SARASOTA, FL
Price
$ 555,000
Property Attributes
- MLS#A4669404
- TypeSingle Family
- Listing Status Active
- CountySarasota
- CitySARASOTA
- AreaSarasota
- NeighborhoodVALENCIA TERRACE REV
- Zip34236
- StyleSingle Family Residence
- Year Built1951
- Taxes$ 3422
- Price$ 555,000
- Bedrooms3
- Full Bathrooms1
- Half Bathrooms0
- Sqr Footage1072
- Lot Size0.27 Acres
Data Source:
Stellar MLS
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.
| Elementary School | Middle School | High School |
|---|---|---|
| Bay Haven Sch of Basics Plus Elementary Elementary School | Sarasota Middle Middle School | Riverview High High School |
| Price History | |
|---|---|
| 2/23/2026 | Listed $550,000 |
| 2/23/2026 | 1$555,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Central |
| Cooling | Central Air |
| Utilities | Sewer Connected,Water Connected |
| Roof | Shingle |
| Appliances | Range,Refrigerator,Washer |
| Zoning | RSF4 |
| Garage Spaces | 1 |
| Construction Materials | Asbestos |
| Year Built | 1951 |
| Levels | One |
| Property Subtype | Single Family Residence |
| Tax Year | 2024 |
| Ownership | Fee Simple |
| County | Sarasota |
| New Construction | false |
| Property Type | Residential |
| Attached Garage | true |
| Subdivision Name | VALENCIA TERRACE REV |
| Facing Direction | West |
| Garage Y/N | true |
| Total Rooms | 4 |
| Full Baths | 1 |
| Status | Active |
| Directions | US 41, 15th St, go straight and pass cocoanut ave. Corner Lot. |
| High School | Riverview High |
| City | SARASOTA |
| Senior Community Y/N | false |
| MLS Area | 34236 - Sarasota |
| Lot Size Units | Square Feet |
| Lot Size Square Feet | 12000 |
| Carport Y/N | false |
| Elementary School | Bay Haven Sch of Basics Plus Elementary |
| Land Lease Y/N | false |
| Tax Annual Amount | 3422.29 |
| Middle/Junior High School | Sarasota Middle |
| Additional Parcels Y/N | false |
| Lease Considered Y/N | true |
| Virtual Tour | https://www.propertypanorama.com/instaview/stellar/A4669404 |
| Building Area Units | Square Feet |
| Living Area Units | Square Feet |
| Standard Status | Active |
| Occupancy Type | Tenant |
| Tax Lot | 1 |
| Legal Description | LOTS 1 & 2 BLK G REV PLAT OF VALENCIA TERRACE |
| Minimum Lease | 1 Week |
| Water Access Y/N | false |
| Water View Y/N | false |
| Flood Zone Code | x |
| In Law Suite YN | false |
| Flood Zone Code X | Yes |
Interior Features
| Interior Amenities | Living Room/Dining Room Combo |
|---|---|
| Flooring | Tile,Hardwood |
| Total Stories | 1 |
| Air Conditioning Y/N | true |
| Heating Y/N | true |
| Fireplace Y/N | false |
| Laundry Features | In Garage |
| Total Bedrooms | 3 |
| LivingAreaSource | Public Records |
| Total Baths | 1 |
Exterior Features
| Exterior Amenities | Other,Private Mailbox,Sidewalk |
|---|---|
| Water Source | Public |
| Lot Size Area | 12000 |
| Foundation Details | Crawlspace,Other |
| Building Area Total | 1115 |
| Lot Dimensions | 103 x 116 |
| Lot Size Acres | 0.27 |
| Road Surface Type | Concrete |
| Private Pool | false |
| Waterfront Y/N | false |
| Covered Spaces | 1 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 34236
Price
Taxes
Year Built
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All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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.
Updated on August 22, 2026 8:32 PM UTC
