Seller's Agent in 2023
Robert Sherman
PREMIER SOTHEBY'S INTERNATIONAL REALTY
(941) 313-1301
26 in this area
110 Total Sales
1116 Cocoanut Ave Sarasota, FL 34236
Downtown Sarasota NeighborhoodEstimated Value: $714,000 - $798,826
3
Beds
2
Baths
2,013
Sq Ft
$373/Sq Ft
Est. Value
Highlights
- Tennis Courts
- Property is near public transit
- Park or Greenbelt View
- Riverview High School Rated A
- Wood Flooring
- 2-minute walk to Pioneer Park
About This Home
As of April 2023Desirable apartment building with tenants in place. The property has lush low-maintenance landscaping with inviting common areas that have just been upgraded to include a new parking area. Close to restaurants, nightlife and grocery stores. One block to bayfront water. There are tennis courts and a park directly across the street Upgrades include a renovated unit, new roof, new mini split air conditioners, and a new commercial dryer. The units are bright and nicely appointed. Gross income is $61,100 and the net income is approximately $48,000. Great tenants in place. The Sarasota-Bradenton international airport is a 10-minute drive, 3.9 miles. Easy to see with 24-hour notice.
Last Agent to Sell the Property
PREMIER SOTHEBY'S INTERNATIONAL REALTY License #3099603 Listed on: 01/19/2023
Last Buyer's Agent
PREMIER SOTHEBY'S INTERNATIONAL REALTY License #3099603 Listed on: 01/19/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,459
Year Built
- Built in 1935
Lot Details
- 6,225 Sq Ft Lot
- Lot Dimensions are 50x125
- Fenced
- Level Lot
Home Design
- Quadruplex
- Wood Frame Construction
- Membrane Roofing
- Stucco
Interior Spaces
- 2,013 Sq Ft Home
- High Ceiling
- Ceiling Fan
- Park or Greenbelt Views
Kitchen
- Range
- Solid Wood Cabinet
Flooring
- Wood
- Carpet
- Laminate
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Bathrooms
Laundry
- Laundry Room
- Laundry on upper level
Basement
- Walk-Up Access
- Crawl Space
Parking
- Common or Shared Parking
- Guest Parking
- Open Parking
Outdoor Features
- Tennis Courts
- Exterior Lighting
- Rain Gutters
Location
- Property is near public transit
Schools
- Bay Haven Sch Of Basics Plus Elementary School
- Booker Middle School
- Booker High School
Utilities
- Mini Split Air Conditioners
- Central Heating
- Electric Water Heater
Listing and Financial Details
- Visit Down Payment Resource Website
- Tenant pays for electricity
- Legal Lot and Block 19 / 2
- Assessor Parcel Number 2025120083
Community Details
Overview
- No Home Owners Association
- 2,013 Sq Ft Building
- Blvd Add (To Sarasota) Community
- Boulevard Add To Sarasota Subdivision
Recreation
- Tennis Courts
- Park
Pet Policy
- 1 Pet Allowed
- Very small pets allowed
Building Details
- Gross Income $61,100
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 19, 2023
Closed on
Apr 10, 2023
Sold by
Mather Donald Frederick and Mather Mary
Bought by
Santa Fe Real Estate Investments Llc
Seller's Agent
Robert Sherman
PREMIER SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
Robert Sherman
PREMIER SOTHEBY'S INTERNATIONAL REALTY
List Price
$875,000
Sold Price
$836,000
Premium/Discount to List
-$39,000
-4.46%
Views
154
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$85,793
Avg. Annual Appreciation
-3.62%
Original Mortgage
$418,000
Outstanding Balance
$211,951
Interest Rate
6.5%
Mortgage Type
Seller Take Back
Estimated Equity
$538,256
Purchase Details
Listed on
Sep 1, 2021
Closed on
Dec 17, 2021
Sold by
Spv Holdings 2 Llc
Bought by
Mather Donald Frederick and Mather Mary
Seller's Agent
Margi Beshore
SRQ PROPERTIES
Buyer's Agent
Robert Sherman
PREMIER SOTHEBY'S INTERNATIONAL REALTY
List Price
$975,000
Sold Price
$740,000
Premium/Discount to List
-$235,000
-24.1%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.76%
Original Mortgage
$245,000
Interest Rate
3.09%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 7, 2020
Sold by
Chrondropoma Llc
Bought by
Spv Holdings 2 Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$339,500
Interest Rate
3.74%
Mortgage Type
Commercial
Purchase Details
Closed on
Feb 8, 2010
Sold by
Duffy Glenn E
Bought by
Chrondropoma Llc
Purchase Details
Closed on
Oct 9, 2008
Sold by
Lowery Patrick M
Bought by
Duffy Glenn E
Purchase Details
Closed on
Feb 20, 1997
Sold by
Stevens William J and Gramlich Stretton L
Bought by
Lowery Patrick M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,800
Interest Rate
7.88%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Santa Fe Real Estate Investments Llc | $836,000 | -- | |
| Mather Donald Frederick | $740,000 | Attorney | |
| Spv Holdings 2 Llc | $485,000 | Attorney | |
| Chrondropoma Llc | -- | Attorney | |
| Duffy Glenn E | $80,000 | Sunbelt Title Agency | |
| Lowery Patrick M | $63,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Santa Fe Real Estate Investments Llc | $418,000 | |
| Previous Owner | Mather Donald Frederick | $245,000 | |
| Previous Owner | Spv Holdings 2 Llc | $339,500 | |
| Previous Owner | Lowery Patrick M | $50,800 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/10/2023 04/10/23 | Sold | $836,000 | -4.5% | $415 / Sq Ft | |
| 03/09/2023 03/09/23 | Pending | -- | -- | -- | |
| 01/30/2023 01/30/23 | For Sale | $875,000 | 0.0% | $435 / Sq Ft | |
| 01/21/2023 01/21/23 | Pending | -- | -- | -- | |
| 01/19/2023 01/19/23 | For Sale | $875,000 | +18.2% | $435 / Sq Ft | |
| 12/17/2021 12/17/21 | Sold | $740,000 | -6.2% | $368 / Sq Ft | View Prior Sale |
| 10/29/2021 10/29/21 | Pending | -- | -- | -- | |
| 10/28/2021 10/28/21 | Price Changed | $789,000 | -19.1% | $392 / Sq Ft | |
| 10/22/2021 10/22/21 | For Sale | $975,000 | 0.0% | $484 / Sq Ft | |
| 10/16/2021 10/16/21 | Pending | -- | -- | -- | |
| 10/12/2021 10/12/21 | For Sale | $975,000 | 0.0% | $484 / Sq Ft | |
| 09/21/2021 09/21/21 | Pending | -- | -- | -- | |
| 09/01/2021 09/01/21 | For Sale | $975,000 | -- | $484 / Sq Ft |
Source: Stellar MLS
Tax History
| 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 | $9,436 | $561,900 | $246,000 | $315,900 |
| 2024 | $8,075 | $613,000 | $238,800 | $374,200 |
| 2023 | $8,075 | $520,100 | $214,800 | $305,300 |
| 2022 | $8,549 | $550,800 | $214,500 | $336,300 |
| 2021 | $6,459 | $395,600 | $50,800 | $344,800 |
| 2020 | $3,958 | $406,600 | $46,200 | $360,400 |
| 2019 | $2,166 | $161,600 | $37,600 | $124,000 |
| 2018 | $1,971 | $142,300 | $48,200 | $94,100 |
| 2017 | $1,850 | $67,481 | $0 | $0 |
| 2016 | $1,431 | $91,300 | $25,100 | $66,200 |
| 2015 | $1,300 | $76,700 | $22,200 | $54,500 |
| 2014 | $1,404 | $46,090 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Robert Sherman
-
Margi Beshore
M
Seller's Agent in 2021
Margi Beshore
SRQ PROPERTIES
(941) 504-7233
1 in this area
8 Total Sales
Map
Source: Stellar MLS
MLS Number: A4557567
APN: 2025-12-0083
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Based on information submitted to the MLS GRID
Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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