$174,950
2700 Coconut Bay Lane
Sarasota, FL 34237
Listing updated: May 25, 2026 at 6:21 PM ET
Property type
Year built
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
Welcome to the luxurious gated community of Sarasota Palms! This beautifully updated first-floor condo is a perfect blend of comfort, convenience and elegance. As you enter the home, you will be greeted by the beautiful tray ceilings and the warmth of the solid wood cabinetry and granite countertops in the kitchen, with the same tasteful upgrades carrying on into the bathroom. This home also features updated laminate flooring in the bedroom, recently installed double paned hurricane windows and sliding doors, and a screened in porch for you to sit outside and enjoy your morning coffee. The clubhouse is a fantastic amenity for residents, featuring a fully equipped fitness center, sauna, upgraded theatre room, billiards room, and business center, complete with WiFi throughout the community. You'll also have access to the largest pool and fitness center of any association in Sarasota County. Bring your furry friend to the large fenced dog park or enjoy the playground and tennis courts. Host a barbecue in the grilling and picnic area or take a relaxing walk around the lake. This condo is conveniently located near the Ed Smith Stadium, the spring training home for the Baltimore Orioles. You'll also be just minutes away from downtown Sarasota and the nearby marina. For beach lovers, St. Armand's Circle and Lido Key are only 5 miles away, offering some of the most beautiful powder sand beaches in the world. Plus, the Sarasota/Bradenton International Airport is just a short 5-mile drive away. This condo is perfect for those who value comfort, convenience, and luxury living. Whether it’s a primary residence, second home, or an investment, don't miss out on the opportunity to make this yours! Seller financing and rent-to-own options are available. Seller financing available with 40% down payment, at a 6.9% interest rate with a 1 year balloon period on a 10 year amortization schedule. Other terms can be offered with 20% down.
Estimated monthly payment
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history353 days on market
- Status: ActiveJun 6, 2025
- Listed$154,950Jun 6, 2025
- Price increased$174,950
Facts & features
- Property type
- Residential
- Sub type
- Condominium
- Status
- Active
- Days on market
- 353
- Subdivision
- Sarasota Palms
- County
- Sarasota
- Year built
- 1974
- Living area
- 714 sq ft
- Price/sq ft
- $245
- Building area
- 777 sq ft (Public Records)
- Flood zone
- AE
- Annual taxes
- $1,696 (2024)
- Parcel #
- 2028011123
- Zoning
- RMF5
- MLS #
- S5127342
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Interior Details
- Bedrooms
- 1
- Full bathrooms
- 1
- Flooring
- Laminate, Tile
- Appliances
- Dishwasher, Disposal, Microwave, Range, Refrigerator
- Interior features
- Ceiling Fans(s), Crown Molding, Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Solid Wood Cabinets, Stone Counters, Thermostat, Tray Ceiling(s), Walk-In Closet(s), Window Treatments
- Laundry
- Corridor Access, Inside, Upper Level
- Stories / Levels
- One
- Direction faces
- North
Heating & Cooling
- Heating
- Central
- Cooling
- Central Air
HOA & Financial
- HOA fee
- $299 / Monthly
- Monthly HOA
- $299/mo
- Total monthly fees
- $299/mo
- Total annual fees
- $3,588
- HOA name
- Bruce Thompson
- CDD
- No
- Min lease term
- 8-12 Months
- Listing terms
- Cash, Conventional, Lease Purchase, Private Financing Available
- Ownership
- Fee Simple
- Available for lease
- Yes
- Lease restrictions
- Yes
- Additional lease restrictions
- HOA has 15 day rental application approval process.
- Approval process
- Renter approval is required.
Exterior & Construction
- Exterior features
- Dog Run, Tennis Court(s)
- Construction materials
- Cement Siding
- Roof
- Built-Up
- Foundation
- Slab
- Road surface
- Asphalt
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- Electricity Connected, Water Connected
Community
- Pets allowed
- Number Limit, Size Limit, Yes
Schools
Letter grades: Florida DOE 2024–25 school grades (Orange, Seminole, Lake, Osceola, Brevard). Assigned schools from the listing agent — verify enrollment with the district.
Room Details
| Room | Level | Dimensions |
|---|---|---|
| Kitchen | First | 9x9 |
| Living Room | First | 20x13 |
| Primary Bedroom | First | 16x11 |
| Primary Bathroom | First | |
| Balcony/Porch/Lanai | First | 13x5 |
Listing Details
- Listing date
- 2025-06-05
- On market date
- 2025-06-06
- Original list price
- $154,950
- Occupant type
- Tenant
- MLS area
- 34237 - Sarasota
- Listing AOR
- Orlando Regional
- Status changed
- 2025-06-06
- Tax legal description
- UNIT 419, BLDG 4, SARASOTA PALMS
Flood risk
FEMA Special Flood Hazard Area (1% annual-chance / “100-year” floodplain). Flood insurance is generally required by mortgage lenders.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
From I-75 S Take exit 210 toward Sarasota/St Armands, keep right at fork, merge onto FL-780 W/Fruitville Rd, turn right on N Tuttle Ave, Turn left at 8th St stoplight and immediately turn right toward Coconut Bay Ln.
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Listings courtesy of Stellar MLS as distributed by MLS GRID
IDX information is provided exclusively 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.
Based on information submitted to the MLS GRID as of May 25, 2026 at 6:21 PM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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