NOT LISTED FOR SALE

1062 Cocoanut Ave Sarasota, FL 34236

Downtown Sarasota Neighborhood

Estimated Value: $374,323 - $492,000

2 Beds
1 Bath
912 Sq Ft
$474/Sq Ft Est. Value

Sale Details

Date Sold: May 24, 2019

Last sale price $237,500 $260 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $2,703 / mo

359 Days on Market

Highlights

  • Full Bay or Harbor Views
  • Florida Architecture
  • Separate Outdoor Workshop
  • Riverview High School Rated A
  • No HOA
  • 4-minute walk to Pioneer Park

About This Home

As of May 2019

Enjoy close proximity to everything Sarasota has to offer. This two-bedroom, one-bath house is located minutes from the heart of downtown Sarasota, the Sarasota bayfront and the Rosemary District. The house is situated less than a quarter-mile to the future home of the Bayfront 2020 project and boat ramp accessibility at Centennial Park. Just a ten-minute drive from the beautiful Lido Beach, near the renowned shopping destination, St. Armands Circle. Directly across the street, the Broadway Promenade provides convenience of shopping at Publix, a 24-hour gym and much more. A few doors down, the Starlight Room restaurant offers dining and local entertainment. To the north, Pioneer Park features tennis courts and other recreational activities and Ringling College of Art and Design is just one mile away. The house is a concrete block structure that was improved in 2012 with a new roof, hurricane impact-resistant windows, a completely new AC system and an updated kitchen and bath. It has a detached garage that is also concrete block, with impact-resistant windows and a metal roof. From the front of the house, you can see a glimpse of the bay and the back is accessed by an alley with parking inside your gated and fenced yard. This property has great investment potential, with the possibility for redevelopment.

Last Agent to Sell the Property

Reid Gerletti

PREMIER SOTHEBY'S INTERNATIONAL REALTY License #3343406 Listed on: 05/01/2018

PREMIER SOTHEBY'S INTERNATIONAL REALTY

Last Buyer's Agent

Reid Gerletti

PREMIER SOTHEBY'S INTERNATIONAL REALTY License #3343406 Listed on: 05/01/2018

PREMIER SOTHEBY'S INTERNATIONAL REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,948

Year Built

  • Built in 1950

Lot Details

  • 6,225 Sq Ft Lot
  • Lot Dimensions are 50x125
  • West Facing Home
  • Property is zoned RMF3

Parking

  • 1 Car Garage
  • Workshop in Garage
  • Secured Garage or Parking

Home Design

  • Florida Architecture
  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 912 Sq Ft Home
  • ENERGY STAR Qualified Windows
  • Blinds
  • Family Room
  • Tile Flooring
  • Full Bay or Harbor Views
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Home Security

  • Security Gate
  • Storm Windows
  • Fire and Smoke Detector

Outdoor Features

  • Patio
  • Separate Outdoor Workshop

Location

  • City Lot

Schools

  • Gocio Elementary School
  • Booker Middle School
  • Riverview High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Boulevard Add To Sarasota Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,948

Year Built

Built in 1950

Lot Details

6,225 Sq Ft Lot

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Florida
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 912
  • Lot Size Acres: 0.14
  • New Construction: No
  • Year Built: 1950
  • Building Area Total: 1474
  • Lot Size Sq Ft: 6225
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4401391&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4401391&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: Yes
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Subdivision Num: 60
  • Call Center Phone Number: 941-364-4014
  • Ratio: Close Price\List Price: 0.79167
  • Price per Sq Ft: 260.42
  • Close to Original List Price Ratio: 0.75397
  • Ratio: Current Price\Building Area Total: 161.13
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2018
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Other, Tile
  • Full Bathrooms: 1
  • Interior Amenities: Eating Space In Kitchen
  • Appliances Included: Microwave
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Window Features: Blinds, ENERGY STAR Qualified Windows, Storm Window(s)
  • Room Count: 4
  • Additional Rooms: Family Room
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: West
  • Other Structures: Workshop
  • Exterior Features: Other
  • Roof: Shingle
  • Pool Private: No
  • Water Body Name: Sarasota Bay
  • Waterfront: No
  • Patio and Porch Features: Patio
  • Water View: Bay/Harbor - Partial
  • Water View Y N: Yes
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12115C0131F
  • Additional Water Information: Partial bay view over parking lot.
  • Disclosures: Lead Paint

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Workshop in Garage
  • Covered Parking Spaces: 1
  • Open Parking: No

Utilities

  • Utilities: Cable Connected, Public, Street Lights
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Security: Secured Garage/Parking, Security Gate, Smoke Detector(s)
  • Senior Community: No
  • Association Approval Required YN: No

Schools

  • Elementary School: Gocio Elementary
  • High School: Riverview High
  • Middle Or Junior School: Booker Middle

Lot Info

  • Zoning: RMF3
  • Parcel Number: 2025130043
  • Additional Parcels: No
  • Lot Features: City Lot
  • Lot Dimensions: 50x125
  • Flood Zone Code: AE
  • Flood Zone Date: 2016-11-04
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Efficiency: Windows

Rental Info

  • Pets Allowed: Yes
  • Minimum Lease: No Minimum
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 1948
  • Tax Block: 4
  • Tax Book Number: A-31
  • Tax Lot: 23

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2018
Closed on
May 24, 2019
Sold by
Bought by
Seller's Agent
Reid Gerletti
PREMIER SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
Reid Gerletti
PREMIER SOTHEBY'S INTERNATIONAL REALTY
List Price
$315,000
Sold Price
$237,500
Premium/Discount to List
-$77,500
-24.6%
Current Estimated Value
$432,081

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$194,581
Avg. Annual Appreciation
8.68%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$237,500 Attorney
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $48,705
Previous Owner $42,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/24/2019 05/24/19 Sold $237,500 -20.8% $260 / Sq Ft
04/25/2019 04/25/19 Pending -- -- --
10/19/2018 10/19/18 Price Changed $300,000 -1.6% $329 / Sq Ft
08/01/2018 08/01/18 Price Changed $305,000 -3.2% $334 / Sq Ft
07/23/2018 07/23/18 For Sale $315,000 0.0% $345 / Sq Ft
07/16/2018 07/16/18 Pending -- -- --
05/01/2018 05/01/18 For Sale $315,000 -- $345 / Sq Ft
Source: Stellar MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,191 $222,836
2024 $4,085 $202,578
2023 $4,085 $379,200 $214,800 $164,400
2022 $3,867 $364,300 $214,500 $149,800
2021 $2,516 $152,200 $50,800 $101,400
2020 $2,418 $142,100 $46,200 $95,900
2019 $1,744 $100,100 $37,600 $62,500
2018 $1,948 $110,700 $48,200 $62,500
2017 $515 $46,084 $0 $0
2016 $518 $87,200 $25,100 $62,100
2015 $520 $73,700 $22,200 $51,500
2014 $429 $43,809 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2019

    Reid Gerletti

    PREMIER SOTHEBY'S INTERNATIONAL REALTY

    (941) 376-1159

    4 in this area

    22 Total Sales

    Reid Gerletti
    Section Image
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Map

Source: Stellar MLS

MLS Number: A4401391

Stellar MLS

APN: 2025-13-0043

Florida Sarasota County Sarasota 34236 Downtown Sarasota

1062 Cocoanut Ave, Sarasota, FL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS 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. Some IDX listings have been excluded from this website. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID
Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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