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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.
Property Details
Price: $555,000
Sq Ft: 1,072
($518 per
sqft)
Bedrooms: 3
Bathrooms: 1
City: Sarasota
County: Sarasota
Type: Single Family
Development: Valencia Terrace
Subdivision: Valencia Terrace Rev
Acres: 0.2700
Virtual Tour/Floorplan:
View
Year Built: 1951
Listing Number: A4669404
Status Code: A-Active
Taxes: $3,422.29
Tax Year: 2024
Garage:
1
/
Y
Interior Features:
Living Room/Dining Room Combo
Financial Information:
Taxes: $3,422.29
Tax Year: 2024
Exterior Features:
Other
Private Mailbox
Sidewalk
Equipment:
Range
Refrigerator
Washer
School Information:
Elementary School: Bay Haven Sch Of Basics Plus Elementary
Middle School: Sarasota Middle
Junior High: Sarasota Middle
High School: Riverview High
Additional Information:
MLS Area: 34236 - Sarasota
Total Square Footage: 1,115
Price per Square Feet: $517.72
Total Floors: 1
Water: Public
Construction: Asbestos
Date Listed: 2025-10-23 00:00:00
Garage Description: Y
Garage Spaces: 1
Attached Garage: Y
Flooring: Tile, Wood
Roof: Shingle
Heating: Central
Cooling: Central Air
Laundry: In Garage
Sewer: Public Sewer
Parcel ID: 2025040030
Map of 1504 Cocoanut Avenue, Sarasota, FL 34236
Listing Courtesy Of: Century 21 Rosebay
estelennox@verizon.net