Property Description

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.

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Included Appliances

RangeRefrigeratorWasher

Property Details

Interior

Appliances

RangeRefrigeratorWasher

Bathrooms Total Decimal

Yes

Building Area Total

1115

Cooling

Central Air

Flooring

TileHardwood

Heating

Central

Interior Features

Living Room/Dining Room Combo

Laundry Features

In Garage

Living Area

1072

Rooms Total

4

Construction

Building Area Source

Public Records

Building Area Units

Square Feet

Construction Materials

Asbestos

Direction Faces

West

Foundation Details

CrawlspaceOther

Levels

One

Living Area Source

Public Records

Living Area Units

Square Feet

Roof

Shingle

Stories Total

Yes

Year Built

1951

Site & Exterior

Covered Spaces

Yes

Exterior Features

OtherPrivate MailboxSidewalk

Flood Zone Code

x

Garage Spaces

Yes

I D X Participation

Yes

Lot Size Acres

0.27

Lot Size Area

12000

Lot Size Dimensions

103 x 116

Lot Size Square Feet

12000

Lot Size Units

Square Feet

Public Survey Range

18E

Public Survey Section

18

Road Surface Type

Concrete

Sewer

Public Sewer

Total Acreage

1/4 to less than 1/2

Utilities

Sewer ConnectedWater Connected

Water Source

Public

Zoning

RSF4

Financials

Calculated List Price By Calculated Sq Ft

517.72

Contract Status Change Date

2025-10-23

Currency Monthly Rent Amt

1700

Current Price

555000

Feed Types

BBO

Lease Considered

Yes

Minimum Lease

1 Week

Owner Name

ESTHER W LENNOX

Ownership

Fee Simple

Parcel Number

2025040030

Public Survey Township

36S

Tax Annual Amount

3422.29

Tax Block

G

Tax Book Number

1-45

Tax Legal Description

LOTS 1 & 2 BLK G REV PLAT OF VALENCIA TERRACE

Tax Lot

Yes

Tax Year

2024

Neighborhood & Lifestyle

Community & Association

M L S Area Major

34236 - Sarasota

S W Subdiv Community Name

Valencia Terrace

Subdivision Name

VALENCIA TERRACE REV

Schools

Ratings

Elementary

Bay Haven Sch of Basics Plus Elementary

Middle

Sarasota Middle

High

Riverview High

Listing provided courtesy of STELLAR via IDX. Updated: Mar 23, 2026, 9:38am.

1504 COCOANUT AVENUE

1504 COCOANUT AVENUE

Property Description

Property Details

Interior

Construction

Site & Exterior

Financials

Neighborhood & Lifestyle

Community & Association

Schools

Este Lennox

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$200

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1504 COCOANUT AVENUE

1504 COCOANUT AVENUE

Property Description

Property Details

Interior

Construction

Site & Exterior

Financials

Neighborhood & Lifestyle

Community & Association

Schools

Este Lennox