$220,000
$10K PRICE INCREASE

2650 Coconut Bay Ln Unit 521 Sarasota, FL 34237

Downtown Sarasota Neighborhood

Estimated payment $1,683/month

Total Views 7,690
2 Beds
2 Baths
866 Sq Ft
$254 Price per Sq Ft

Highlights

  • Fitness Center
  • Sauna
  • 9.63 Acre Lot
  • Booker High School Rated A-
  • Gated Community
  • 2-minute walk to Tuttle Walkway Park

About This Home

Sarasota Palms is a luxurious gated resort community offering fabulous amenities, including a gorgeous clubhouse, fully equipped fitness center, theater room, sauna, billiard room and business center. Outdoor enthusiasts will enjoy the junior olympic-sized pool, tennis courts, dog park and scenic picnic area and grills. Stroll around the beautiful lake. Step inside the updated 2 bedroom, 2 bath unit to your sparkling white kitchen with stone countertops and stainless steel appliances complimented by Italian tile floors throughout the home. Enjoy morning coffee in the screened-in lanai featuring serene views of the Tuttle Walkway's bike trail. This well managed condo is conveniently situated near Ed Smith Stadium and downtown Sarasota, SRQ airport, and world class beaches. There is a possibility of seller financing and rent-to-own options as welll as low HOA fees. Don't miss out on this terrific opportunity.

Listing Agent

Sue Ann Levin

COLDWELL BANKER REALTY Brokerage Phone: 941-388-3966 License #3112133 Listed on: 05/29/2025

COLDWELL BANKER REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,961

Year Built

  • Built in 1974

Lot Details

  • South Facing Home
  • Dog Run

HOA Fees

  • $363 Monthly HOA Fees

Parking

  • Guest Parking

Home Design

  • Entry on the 2nd floor
  • Block Foundation
  • Slab Foundation
  • Concrete Roof
  • Concrete Siding
  • Stucco

Interior Spaces

  • 866 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Sliding Doors
  • Great Room
  • Combination Dining and Living Room
  • Sauna
  • Ceramic Tile Flooring

Kitchen

  • Eat-In Kitchen
  • Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Home Security

Eco-Friendly Details

  • Reclaimed Water Irrigation System

Outdoor Features

  • Pool Lighting
  • Balcony
  • Exterior Lighting
  • Private Mailbox

Schools

  • Tuttle Elementary School
  • Booker Middle School
  • Booker High School

Utilities

  • Central Air
  • Heat Pump System
  • Thermostat
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include common area taxes, pool, escrow reserves fund, maintenance structure, ground maintenance, management, pest control, trash
  • Bruce Thompson Association, Phone Number (941) 366-5561
  • Visit Association Website
  • Sarasota Palms Condos
  • Sarasota Palms Community
  • Sarasota Palms Subdivision
  • The community has rules related to deed restrictions

Amenities

  • Clubhouse
  • Laundry Facilities

Recreation

  • Tennis Courts
  • Community Playground
  • Fitness Center
  • Community Pool
  • Park
  • Dog Park

Pet Policy

  • 2 Pets Allowed
  • Dogs and Cats Allowed
  • Medium pets allowed

Security

  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,961

Year Built

Built in 1974

Lot Details

0

HOA Fees

$363 per month

Listing Details

  • HOA Fee Includes: Common Area Taxes, Pool, Escrow Reserves Fund, Maintenance Structure, Maintenance Grounds, Management, Pest Control, Trash
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Concrete, Stucco
  • Fireplace: No
  • Living Area: 866
  • Lot Size Acres: 9.63
  • New Construction: No
  • Year Built: 1974
  • Building Area Total: 960
  • Lot Size Sq Ft: 419344
  • Status: Active
  • Ownership: Condominium
  • Escrow City: Sarasota
  • Escrow State: FL
  • Escrow Street Name: 1st Street
  • Floor Number: 2
  • Minimum Lease: 3 Months
  • Number Of Pets: 2
  • RATIO Current Price By Calculate: 254.04
  • Water Access YN: 0
  • Condo Fees Term: Monthly
  • Amenities Additional Fees: Storage, EV Charging, Laundry
  • MFR_InLawSuiteYN: 0
  • Attribution Contact: 941-388-3966
  • Tax Year: 2024
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Eat-in Kitchen, Elevator, Living Room/Dining Room Combo, Open Floorplan, Solid Wood Cabinets, Stone Counters, Thermostat
  • Appliances Included: Dishwasher, Electric Water Heater, Exhaust Fan, Microwave, Range, Refrigerator
  • Foundation Details: Block, Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 3
  • Living Area Meters: 80.45

Exterior Features

  • Direction Faces: South
  • Pool Features: Lighting
  • Exterior Features: Balcony, Dog Run, Lighting, Private Mailbox, Sauna, Sliding Doors, Tennis Court(s)
  • Roof: Concrete
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Paved
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Panel: 12115C0132G

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Guest

Utilities

  • Utilities: Cable Available, Electricity Connected, Sewer Connected, Sprinkler Recycled
  • Cooling: Central Air
  • Heating: Heat Pump
  • Laundry Features: Common Area, Same Floor As Condo Unit
  • Sewer: Public Sewer
  • Water Source: See Remarks

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Clubhouse, Deed Restrictions, Dog Park, Fitness Center, Gated Community - No Guard, Park, Playground, Pool, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Association Name: Bruce Thompson
  • Phone: 941-366-5561
  • Association: Yes
  • Security: Gated Community, Smoke Detector(s)
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Complex Community Name Nccb: SARASOTA PALMS
  • Pet Restrictions: Dogs and cats allowed. No dangerous breeds. Dogs must be visually inspected and approved by a board member. Only one dog per unit.
  • Association Fee Requirement: Required
  • Condo Fees: 363
  • Condo Land Included YN: 0
  • Association Email: office@sarasotapalms.com
  • Monthly Condo Fee Amount: 363
  • Pet Size: Medium (36-60 Lbs.)
  • Association URL: www.sarasotapalms.com

Fee Information

  • Total Annual Fees: 4356.00
  • Total Monthly Fees: 363.00

Schools

  • Elementary School: Tuttle Elementary
  • High School: Booker High
  • Middle Or Junior School: Booker Middle

Lot Info

  • Zoning: RMF5
  • Parcel Number: 2028011163
  • Additional Parcels: No
  • Flood Zone Code: X

Rental Info

  • Pets Allowed: Cats OK, Dogs OK
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Club house pass card $25. Gate access sticker $15. Use of electric vehicles charging station $30.-$100. per month depending on vehicle. New P.O. Box lock and key $25.

Tax Info

  • Tax Annual Amount: 1961
  • Tax Lot: 20-36e

Multi Family

  • Approval Process: Application fee: $150. per adult. 30 day waiting period.

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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 $1,808 $110,739 -- --
2023 $1,808 $118,800 $0 $118,800
2022 $1,680 $111,200 $0 $111,200
2021 $1,463 $83,200 $0 $83,200
2020 $1,448 $81,700 $0 $81,700
2019 $1,365 $79,900 $0 $79,900
2018 $1,320 $81,300 $0 $81,300
2017 $1,238 $59,443 $0 $0
2016 $1,242 $72,100 $0 $72,100
2015 $1,129 $59,800 $0 $59,800
2014 $1,102 $40,600 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/19/2025 06/19/25 Price Changed $1,750 0.0% $2 / Sq Ft
05/30/2025 05/30/25 Price Changed $220,000 +4.8% $254 / Sq Ft
05/29/2025 05/29/25 For Sale $210,000 0.0% $242 / Sq Ft
05/02/2025 05/02/25 For Rent $1,800 -2.7% --
09/03/2022 09/03/22 Rented $1,850 0.0% --
08/23/2022 08/23/22 For Rent $1,850 -- --
Source: Stellar MLS

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $132,000 --
Source: Public Records

Source: Stellar MLS

MLS Number: A4654073

Stellar MLS

APN: 2028-01-1163

Florida Sarasota County Sarasota 34237 Downtown Sarasota

2650 Coconut Bay Ln Unit 521, 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 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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Sue Ann Levin
Listing Agent
Sue Ann Levin
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COLDWELL BANKER REALTY
(941) 837-5780