1504 Cocoanut Ave

SARASOTA, FL 34236

About this property

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.

About this property

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.

Features and Additional Information

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$555,000 Active
3 Bed(s)
1
Bath
1,072 sqft

Presented By Carol and Tony Marino

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Get in touch today! Phone: 1-407-468-2004
Brokerage
CENTURY 21 ROSEBAY
1-941-366-7673
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Area Information

34236 Sarasota | Sarasota County | VALENCIA TERRACE REV

$ 555,000
This listing is play_arrow 0.0% lower than the average in the area
$ 555,000 in the area
1,072 SqFt
This listing is play_arrow 0.0% smaller than the average in the area
1,072 SqFt in the area
$ 518 $/SqFt
This listing is play_arrow 0.0% less than the average in the area
$ 518 $/SqFt in the area
370 days on site
This listing is play_arrow 0.0% below the average in the area
370 days on site in the area

Schools in the Area

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    Elementary School
    Bay Haven Sch of Basics Plus Ele
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    Middle School
    Sarasota Middle
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    High School
    Riverview High

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Listed By Este Lennox
Brokerage: CENTURY 21 ROSEBAY

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