NOT LISTED FOR SALE

2009 Cocoanut Ave Sarasota, FL 34234

Downtown Sarasota Neighborhood

Estimated Value: $649,000 - $877,000

4 Beds
4 Baths
2,321 Sq Ft
$343/Sq Ft Est. Value

Last Sold August 17, 2020

Last sale price $550,000 $237 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $5,034/month

24 Days on Market

Highlights

  • Newly Remodeled
  • Open Floorplan
  • Solid Surface Countertops
  • Riverview High School Rated A
  • High Ceiling
  • No HOA

About This Home

As of August 2020

Incredible investment opportunity..New construction from the slab up 4 unit Income producing multi family. This property location is perfectly situated in an area of phenomenal growth. The rapidly expanding wave of neighborhood redevelopment taking place North of downtown Sarasota as well as The Ringling School of Art and Design's ever expanding campus will continue to have a positive impact on property values. Amenities include: granite kitchen countertops, spacious bathrooms with extensive use of hand crafted marble , custom travertine floors throughout, all new appliances including stacked laundry in each unit. Each unit has separate utilities. This property's location easily allows for delightful walks, or enjoying passing through charming historic neighborhoods while riding bikes to downtown Sarasota. Priced for quick sale, this one won't be around for long! To be considered - Initial deposit and verifiable proof of funds and or Mortgage Approval must accompany all offers.

Last Agent to Sell the Property

Tom Wentzel

FINE PROPERTIES License #3205205 Listed on: 05/28/2020

FINE PROPERTIES

Co-Listed By

Jim Mast

KELLER WILLIAMS ON THE WATER S License #3013599

Last Buyer's Agent

Philip Pisano, III

MICHAEL SAUNDERS & COMPANY License #3373819

MICHAEL SAUNDERS & COMPANY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,967

Year Built

  • Built in 1925 | Newly Remodeled

Lot Details

  • 9,375 Sq Ft Lot
  • Lot Dimensions are 75x125
  • Fenced

Home Design

  • Quadruplex
  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 2,321 Sq Ft Home
  • Open Floorplan
  • High Ceiling
  • Combination Dining and Living Room
  • Terrazzo Flooring
  • Fire and Smoke Detector

Kitchen

  • Range
  • Microwave
  • Solid Surface Countertops

Laundry

  • Laundry closet
  • Dryer

Schools

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

Utilities

  • Central Heating and Cooling System
  • Tankless Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Edgewater On The Gulf Community
  • Edgewater Subdivision

Listing and Financial Details

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,967

Year Built

Built in 1925 | Newly Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Condition: Completed
  • Property Sub Type: Quadruplex
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 2321
  • Lot Size Acres: 0.22
  • New Construction: Yes
  • Year Built: 1925
  • Lot Size Sq Ft: 9375
  • Directions to Property: From N. Tamiami Tr. to 18th St. Go East(right) on 18th St to Cocoanut Ave. Turn left, go North to 2009 on left.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4468307?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4468307?w=Customer
  • Unit Count: 4
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Call Center Phone Number: 800-746-9464
  • Ratio: Close Price\List Price: 1
  • Price per Sq Ft: 236.97
  • Close to Original List Price Ratio: 1
  • View: No
  • Co List Office Mls Id: 281521326
  • Co List Office Phone: 941-803-7522
  • Ownership: Fee Simple
  • Tax Year: 2019
  • Special Features: 4098

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Terrazzo
  • Interior Amenities: High Ceiling(s), Living Room/Dining Room Combo, Open Floorplan, Solid Surface Counters
  • Appliances Included: Dryer, Microwave, Range, Refrigerator, Tankless Water Heater
  • Foundation Details: Slab
  • Levels: One
  • Street Number Modifier: 2009
  • Number Of Buildings: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Exterior Features: Fenced, Sidewalk
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Disclosures: None

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No

Utilities

  • Utilities: Cable Available, Electricity Connected, Public, Sewer Connected, Water - Multiple Meters
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Laundry Closet
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Security: Fire Alarm, Smoke Detector(s)
  • Senior Community: No
  • S W Subdiv Condo Num: 384

Schools

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

Lot Info

  • Zoning: RSF3
  • Parcel Number: 2024120006
  • Additional Parcels: No
  • Lot Dimensions: 75x125
  • Flood Zone Code: X
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 1

Tax Info

  • Tax Annual Amount: 1966.81
  • Tax Block: D
  • Tax Book Number: 3-41
  • Tax Lot: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 28, 2021
Sold by
Joplin William H and Joplin Barbara J
Bought by
Kruck Bradford B and The Bbk Trust
Current Estimated Value
$795,543

Purchase Details

Closed on
Mar 5, 2021
Sold by
Kruck Bradford B and Mau Jenny Y
Bought by
Joplin William H and Joplin Barbara J

Purchase Details

Listed on
May 28, 2020
Closed on
Aug 17, 2020
Sold by
Yavalar Investments Llc
Bought by
Kruck Bradford B and Mau Jenny Y
Seller's Agent
Tom Wentzel
FINE PROPERTIES
Buyer's Agent
Philip Pisano, III
MICHAEL SAUNDERS & COMPANY
List Price
$550,000
Sold Price
$550,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.43%

Purchase Details

Closed on
Aug 16, 2019
Sold by
Yavalar Ufuk
Bought by
Yavalar Investment Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
3.7%
Mortgage Type
Commercial

Purchase Details

Closed on
May 3, 2019
Sold by
Yavalar Ufuk
Bought by
Yavalar Investment Llc

Purchase Details

Closed on
Aug 1, 2016
Bought by
Yavalar Ufuk
Source: Public Records

Range of Values:

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Average Value
Not Available
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

Date Buyer Sale Price Title Company
Kruck Bradford B -- Accommodation
Joplin William H -- Accommodation
Kruck Bradford B $550,000 Git Florida Title Services
Yavalar Investment Llc -- Stewart Title Company
Yavalar Investment Llc -- Attorney
Yavalar Ufuk $51,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Yavalar Investment Llc $175,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/17/2020 08/17/20 Sold $550,000 0.0% $237 / Sq Ft
06/21/2020 06/21/20 Pending -- -- --
05/28/2020 05/28/20 For Sale $550,000 -- $237 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

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
2024 $9,603 $673,200 $178,800 $494,400
2023 $9,603 $619,000 $150,600 $468,400
2022 $9,154 $587,500 $174,100 $413,400
2021 $7,214 $438,200 $135,000 $303,200
2020 $2,857 $153,800 $85,600 $68,200
2019 $1,967 $164,000 $90,300 $73,700
2018 $1,201 $59,300 $46,600 $12,700
2017 $1,033 $39,400 $29,700 $9,700
2016 $697 $29,700 $21,600 $8,100
2015 $622 $21,200 $14,300 $6,900
2014 $624 $17,380 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2020

    Tom Wentzel

    FINE PROPERTIES

    (941) 306-8258

    1 in this area

    27 Total Sales

    Tom Wentzel
    Section Image

  • J

    Seller Co-Listing Agent in 2020

    Jim Mast

    KELLER WILLIAMS ON THE WATER S

    (941) 803-7522

    17 Total Sales

    Jim Mast
    Section Image
  • Philip Pisano, III

    Buyer's Agent in 2020

    Philip Pisano, III

    Michael Saunders

    (941) 468-8603

    9 in this area

    60 Total Sales

    Philip Pisano, III
    Section Image
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Map

Source: Stellar MLS

MLS Number: A4468307

Stellar MLS

APN: 2024-12-0006

Florida Sarasota County Sarasota 34234 Downtown Sarasota

2009 Cocoanut Ave, Sarasota, FL

This home is located at 2009 Cocoanut Ave, Sarasota, FL 34234 since 28 May 2020 and is currently estimated at $795,543, approximately $342 per square foot. This property was built in 1925. 2009 Cocoanut Ave is a home located in Sarasota County with nearby schools including Gocio Elementary School, Riverview High School, and Booker Middle School.

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 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.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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