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.
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
MLS #:
A4669404
Status:
Active
Beds:
3
Baths:
1
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
VALENCIA TERRACE REV
Neighborhood:
34236sarasota
Listed Date:
Oct 23, 2025
Finished Sq Ft:
1,072
Total Sq Ft:
1,115
Lot Size:
12,000 sqft / 0.27 acres (approx)
Year Built:
1951
See this Listing
Schools
Elementary School:
Bay Haven Sch of Basics Plus Elementary
Middle School:
Sarasota Middle
High School:
Riverview High
Interior
Appliances
Range, Refrigerator, Washer
Bathrooms
1 Full Bathroom
Cooling
Central Air
Flooring
Tile, Hardwood
Heating
Central
Interior Features
Living Room/Dining Room Combo
Laundry Features
In Garage
Levels
One
Exterior
Attached Garage YN
1
Construction Materials
Asbestos
Covered Spaces
1
Direction Faces
West
Exterior Features
Other, Private Mailbox, Sidewalk
Garage Spaces
1
Roof
Shingle
Financial
Tax Year
2024
Taxes
$3,422
Map
Community
- Address1504 COCOANUT AVENUE SARASOTA FL
- SubdivisionVALENCIA TERRACE REV
- CitySARASOTA
- CountySarasota
- Zip Code34236
Market Summary
Current real estate data for Single Family in SARASOTA as of Aug 29, 2026
1,868
Single Family Listed
116
Avg DOM
471
Avg $ / SqFt
$1,427,796
Avg List Price
Property Summary
- Located in the VALENCIA TERRACE REV subdivision, 1504 COCOANUT AVENUE SARASOTA FL is a Single Family for sale in SARASOTA, FL, 34236. It is listed for $555,000 and features 3 beds, 1 baths, and has approximately 1,072 square feet of living space, and was originally constructed in 1951. The current price per square foot is $518. The average price per square foot for Single Family listings in SARASOTA is $471. The average listing price for Single Family in SARASOTA is $1,427,796. To schedule a showing of MLS#a4669404 at 1504 COCOANUT AVENUE in SARASOTA, FL, contact your InvestPro Properties, Inc. agent at 561-203-7022.
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Courtesy of CENTURY 21 ROSEBAY. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Orlando/Tampa – FL. Detailed information about real estate listings held by brokerage firms other than InvestPro Properties, Inc. include the name of the listing broker. Neither the listing company nor InvestPro Properties, Inc. shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. Orlando/Tampa – FL. All rights reserved. 1504 COCOANUT AVENUE
SARASOTA, FL