$555,000
1504 Cocoanut Avenue
Sarasota, FL 34236
Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Garage space
Flood zone
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.
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 history151 days on market
- Status: ActiveOct 23, 2025
- Listed$550,000Oct 23, 2025
- Price increased$555,000
Virtual Tour
Facts & features
- Property type
- Residential
- Sub type
- Single Family Residence
- Status
- Active
- Days on market
- 151
- Subdivision
- Valencia Terrace Rev
- County
- Sarasota
- Year built
- 1951
- Living area
- 1,072 sq ft
- Price/sq ft
- $518
- Building area
- 1,115 sq ft (Public Records)
- Lot size
- 12,000 sq ft
- Lot category
- 1/4 to less than 1/2
- Flood zone
- x
- Garage
- 1 spaces
- Annual taxes
- $3,422 (2024)
- Parcel #
- 2025040030
- Zoning
- RSF4
- MLS #
- A4669404
Interior Details
- Bedrooms
- 3
- Full bathrooms
- 1
- Flooring
- Tile, Wood
- Appliances
- Range, Refrigerator, Washer
- Interior features
- Living Room/Dining Room Combo
- Laundry
- In Garage
- Stories / Levels
- One
- Direction faces
- West
Heating & Cooling
- Heating
- Central
- Cooling
- Central Air
Parking
- Garage spaces
- 1
- Attached garage
- Yes
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- CDD
- No
- Min lease term
- 1 Week
- Ownership
- Fee Simple
- Available for lease
- Yes
- Lease restrictions
- No
Exterior & Construction
- Exterior features
- Other, Private Mailbox, Sidewalk
- Construction materials
- Asbestos
- Roof
- Shingle
- Foundation
- Crawlspace, Other
- Road surface
- Concrete
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- Sewer Connected, Water Connected
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 |
|---|---|---|
| Living Room | First | 15x15 |
| Primary Bedroom | First | 12x11 |
| Dining Room | First | 9x12 |
| Kitchen | First | 12x12 |
Listing Details
- Listing date
- 2025-10-23
- On market date
- 2025-10-23
- Original list price
- $550,000
- Occupant type
- Tenant
- MLS area
- 34236 - Sarasota
- Listing AOR
- Sarasota - Manatee
- Status changed
- 2025-10-23
- Tax legal description
- LOTS 1 & 2 BLK G REV PLAT OF VALENCIA TERRACE
Flood risk
Minimal-risk area outside the mapped floodplain. Flood insurance is optional and typically low-cost.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
US 41, 15th St, go straight and pass cocoanut ave. Corner Lot.
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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 March 23, 2026 at 8:16 AM 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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