1221 Cocoanut Avenue
Sarasota, Florida FL 34236-2531
Price: $750,000
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Listing ID: A4542460
Status: Pending
Bedrooms: 4 Bed
Total Baths: 3 Bath
SqFt: 2,972 Sq Ft
Acres: 0.280 Acres
Subdivision: Valencia Terrace Rev
Year Built: 1952

Investment Opportunity for a Multi-Family Property close to Downtown. Completely Re done with new Wood Like Plank Flooring, New Kitchens with Custom Cabinetry, Appliances, and Granite Tops, and New Vanities in Baths, new Lighting and Fans, and Custom Wood Blinds. Two Units Feature 2 Bed/ 1 Bath/ Bonus Room which could function as Dining Room or Office/ 1 Car Carport/ and each its own Laundry Room. Each unit has a very large Great Room/Living Room with Charming Restored Fireplaces, creating a cool Mid Century Modern Vibe. One Unit is an Efficiency with a New Custom Murphy Bed/ Kitchen/ and Bath. Live in One Unit while Renting the others, or Rent all Three Units, there are no rental restrictions! Two Minute Walk to Publix, 5 Minute Walk to Downtown Restaurants, Whole Foods, and Shopping, and a short drive to St Armand's Circle and Lido Beach. Also directly next to Pioneer Park with Tennis, Basketball, and Playground.

Primary Features

County: Sarasota
Price Before Reduction: 799000
Price Reduction Date: 2022-10-04T02:39:19+00:00
Property Sub Type: Triplex
Property Type: Residential Income
Subdivision: Valencia Terrace Rev
Year Built: 1952
Zoning: RMF3


Appliances: Dishwasher, Disposal, Dryer, Range, Refrigerator, Washer
Building Area Units: Square Feet
Cooling Type: Central Air, Wall/Window Unit(s)
Fireplace: yes
Fireplace Features: Living Room
Flooring: Ceramic Tile, Vinyl
Heating Type: Central, Wall Units / Window Unit
Interior Features: Built-in Features, Master Bedroom Main Floor, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Thermostat
Levels: One
Living Area Meters: 276.11
Living Area Source: Public Records
Living Area Units: Square Feet


Carport: yes
Carport Spaces: 2
Construction Materials: Block
Exterior Features: Rain Gutters, Sidewalk
Foundation Details: Slab
Garage: no
Homestead: no
Lot Features: Corner Lot
Lot Size Dimensions: 103x119
Lot Size SqFt: 12298
Lot Size Square Meters: 1143
Number Of Units Total: 3
Parking Features: Driveway
Patio And Porch Features: Porch
Pool Private: no
Property Condition: Completed
Road Responsibility: Public Maintained Road
Road Surface Type: Asphalt
Roof: Shingle
Sewer: Public Sewer
Total Acreage: 1/4 to less than 1/2
Total Number of Buildings: 1
Unit Count: 3
Utilities: BB/HS Internet Available, Cable Available, Electricity Connected, Fire Hydrant, Phone Available, Public, Sewer Connected, Street Lights
View Type: City
Water Access: no
Water Extras: no
Water Source: Public
Water View: no
Waterfront: no


Association: no
Association Approval Required: no
Community Development District: no
Country: US
Elementary School: Gocio Elementary
Flood Zone Code: X
High School: Riverview High
Middle Or Junior School: Booker Middle
MLS Area Major: 34236 - Sarasota
SW Subdivision Community Name: Valencia Terrace
Township: 36S


Additional Lease Restrictions: Zoned as a 3 family dwelling (0830) RMF3/Residential, Multi-Family (13 units per acre) No restrictions
Available For Lease: yes
Current Price: 750000.00
Disclosures: Lead Paint
Listing Terms: Cash, Conventional
Minimum Lease: No Minimum
Ownership: Fee Simple
Special Listing Conditions: None
Tax Annual Amount: 2772.01
Tax Block: A
Tax Book Number: 1-45
Tax Lot: 12
Tax Year: 2021

Zoning Info

Listing information courtesy of Bright Realty.

Listing information ©My Florida Regional MLS DBA Stellar MLS 2022. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale. Availability of any listing should always be independently verified. Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may violate relevant federal and state law. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Data last updated on Friday, October 7th, 2022 at 08:39:44 AM.
#IDX-primaryPhoto,#idx-details-header Listed by: Bright Realty 941-552-6036

Contact - Listing ID A4542460

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Carla Lord

108 E Ft King
Ocala, FL 34471
Phone: 3523906009
Phone Alt: 3522666181
Fax: 3523908263

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