$152,000 - $182,000
RENTED JAN 24, 2025

2650 Coconut Bay Ln Unit 525 Sarasota, FL 34237

Downtown Sarasota Neighborhood
2 Beds
2 Baths
866 Sq Ft
10 Acres

Last Sold July 15, 2020

Last sale price $113,000 $130 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $1,047/month

Highlights

  • Fitness Center
  • Cabana
  • Community Lake
  • Booker High School Rated A-
  • Gated Community
  • 2-minute walk to Tuttle Walkway Park

About This Home

As of January 2025

Darling 2 bed 2 bath condo in the gated community of Sarasota Palms. Condo is on second floor. Elevators for your convenience. Laundry room is on the same floor. Lovely huge swimming pool, playground, tennis courts, picnic area, and a dog run. Close to downtown Sarasota. EV charging stations.

Last Agent to Rent the Property

Bruce Thompson

CONCORDIA REALTY LLC Brokerage Phone: 941-404-5392 License #3265178 Listed on: 01/02/2025

Last Renter's Agent

Bruce Thompson

CONCORDIA REALTY LLC Brokerage Phone: 941-404-5392 License #3265178 Listed on: 01/02/2025

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,885

Year Built

  • Built in 1974

Lot Details

  • Dog Run
  • Landscaped

Interior Spaces

  • 866 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Combination Dining and Living Room

Kitchen

  • Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Hall

Home Security

Parking

  • Electric Vehicle Home Charger
  • Open Parking
  • Parking Fee Frequency: Onetime
  • Parking Fee Amount: 15

Pool

  • Cabana
  • In Ground Pool

Schools

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

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Electric Water Heater

Additional Features

  • Reclaimed Water Irrigation System
  • Covered patio or porch

Listing and Financial Details

  • Residential Lease
  • Security Deposit $1,700
  • Property Available on 1/2/25
  • The owner pays for grounds care, internet, pest control, pool maintenance, trash collection
  • 12-Month Minimum Lease Term
  • $150 Application Fee
  • Assessor Parcel Number 2028011167

Community Details

Overview

  • No Home Owners Association
  • $50 One-Time Association Dues
  • Bruce Thompson Association, Phone Number (850) 573-2063
  • Sarasota Palms Community
  • Sarasota Palms Subdivision
  • The community has rules related to vehicle restrictions
  • Community Lake

Amenities

  • Sauna
  • Clubhouse
  • Laundry Facilities
  • Elevator

Recreation

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

Pet Policy

  • Pets up to 45 lbs
  • Pet Size Limit
  • 2 Pets Allowed
  • Dogs and Cats Allowed
  • Breed Restrictions

Security

  • Card or Code Access
  • Gated Community
  • Fire and Smoke Detector

Condo Details

Home Type

Condominium

Est. Annual Taxes

$1,885

Year Built

Built in 1974

Lot Details

0

Rental Info

  • Furnished: Unfurnished
  • Lease Amount Frequency: Monthly
  • Pets Allowed: Breed Restrictions, Cats OK, Dogs OK, Number Limit, Size Limit
  • Available Date: 2025-01-02
  • Terms Of Lease: 1st Last and Sec Dep Required
  • Long Term YN: 1
  • Security Deposit: 1700
  • Additional Applicant Fee: 150

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Condominium
  • Fireplace: No
  • Living Area: 866
  • New Construction: No
  • Year Built: 1974
  • Building Area Total: 929
  • Lease Term: Twelve Months
  • Owner Pays: Grounds Care, Internet, Pest Control, Pool Maintenance, Trash Collection
  • Directions to Property: From Fruitville Road, turn North onto Tuttle Avenue. Turn Left at the first light into Sarasota Palms.
  • Status: Leased
  • ResoBuildingAreaSource: PublicRecords
  • Floor Number: 2
  • List Office Head Office Key Nume: 1047837
  • Number Of Pets: 2
  • RATIO Current Price By Calculate: 1.96
  • Unit Number YN: 0
  • Water Access YN: 0
  • Property Description: Corner Unit,End Unit
  • Other Assoc Fees Tenants: 50
  • Other Assoc Fees Tenants Frequen: One-Time
  • Security Deposit Terms: Security Deposit to be paid upon signing lease. First and Last month rent due at move in.
  • Parking Fee Tenants: 15
  • Parking Fee Tenants Frequency: One-Time
  • MFR_BedroomClosetType: Walk-in Closet
  • MFR_InLawSuiteYN: 0
  • MFR_CommunityAssociationWaterFeatures: Lake
  • Attribution Contact: 941-404-5392
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Laminate, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Living Room/Dining Room Combo, Solid Surface Counters, Solid Wood Cabinets, Stone Counters, Thermostat, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Electric Water Heater, Exhaust Fan, Microwave, Range, Refrigerator
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 3
  • Window Features: Blinds
  • Street Number Modifier: 2650
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 80.45
  • Room Count: 5

Exterior Features

  • Other Structures: Cabana, Kennel/Dog Run, Tennis Court(s)
  • Pool Features: In Ground
  • Exterior Features: Dog Run, Irrigation System, Sliding Doors, Tennis Court(s)
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Covered, Screened
  • Road Surface Type: Paved
  • Disclosures: Association Rules & Regulations Available, Lead Paint
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Electric Vehicle Charging Station(s), Open

Utilities

  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Common Area, Corridor Access, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Clubhouse, Dog Park, Fitness Center, Gated Community - No Guard, Irrigation-Reclaimed Water, Playground, Sidewalks, Tennis Courts
  • Association Amenities: Clubhouse, Elevator(s), Fitness Center, Gated, Lobby Key Required, Playground, Pool, Sauna, Tennis Court(s), Vehicle Restrictions
  • Association Name: Bruce Thompson
  • Phone: 850-573-2063
  • Association: No
  • Security: Fire Alarm, Gated Community, Smoke Detector(s)
  • Senior Community: No
  • Pet Restrictions: Dogs and cats allowed. No dangerous breeds. Only one dog per unit. Dogs must be visually inspected and approved by a board member. Non-refundable pet fee of $35.00 due monthly with rent.
  • Building Name Number: 2650
  • Max Pet Weight: 45
  • Pet Size: Medium (36-60 Lbs.)
  • Association Approval Fee: 150

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00
  • Application Fee: 150

Schools

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

Lot Info

  • Parcel Number: 2028011167
  • Lot Features: City Limits, Landscaped, Level, Paved
  • Lot Size Square Meters: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2020
Closed on
Jul 14, 2020
Sold by
Knokke Llc
Bought by
Rafie Shawn and Rafie Augustin
Seller's Agent
Bruce Thompson
CONCORDIA REALTY LLC
Buyer's Agent
Bruce Thompson
CONCORDIA REALTY LLC
List Price
$119,000
Sold Price
$113,000
Premium/Discount to List
-$6,000
-5.04%
Current Estimated Value
$161,221

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,221
Avg. Annual Appreciation
7.59%

Purchase Details

Closed on
Jul 17, 2017
Sold by
Lierna Llc
Bought by
Knokke Llc

Purchase Details

Closed on
Jan 6, 2012
Sold by
Diamante Group Llc
Bought by
Lierna Llc

Purchase Details

Closed on
Feb 19, 2010
Sold by
Anderson Derek and Anderson Lori An
Bought by
Diamante Group Llc

Purchase Details

Closed on
Aug 23, 2005
Sold by
Sarasota Palms Llc
Bought by
Anderson Derek M and Anderson Lori An

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,792
Interest Rate
5.71%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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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
Rafie Shawn $113,000 Florida Abstract & Security
Knokke Llc -- Attorney
Lierna Llc -- Attorney
Diamante Group Llc $50,000 Alliance Group Title Llc
Anderson Derek M $176,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Knokke Llc $400,000
Previous Owner Anderson Derek M $140,792
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/24/2025 01/24/25 Rented $1,700 0.0% --
01/02/2025 01/02/25 For Rent $1,700 0.0% --
07/15/2020 07/15/20 Sold $113,000 -5.0% $130 / Sq Ft
06/29/2020 06/29/20 Pending -- -- --
06/15/2020 06/15/20 For Sale $119,000 -- $137 / 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 $1,885 $114,466 -- --
2023 $1,885 $126,600 $0 $126,600
2022 $1,745 $117,300 $0 $117,300
2021 $1,506 $86,000 $0 $86,000
2020 $1,471 $81,700 $0 $81,700
2019 $1,437 $79,900 $0 $79,900
2018 $1,462 $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

Agents Affiliated with this Home

  • Bruce Thompson

    Landlord's Agent in 2025

    Bruce Thompson

    CONCORDIA REALTY LLC

    (850) 573-2063

    22 in this area

    132 Total Sales

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Map

Source: Stellar MLS

MLS Number: A4634015

Stellar MLS

APN: 2028-01-1167

Florida Sarasota County Sarasota 34237 Downtown Sarasota

2650 Coconut Bay Ln Unit 525, Sarasota, FL

This home is located at 2650 Coconut Bay Ln Unit 525, Sarasota, FL 34237 since 02 January 2025 and is currently priced at $164,878. This property was built in 1974. 2650 Coconut Bay Ln Unit 525 is a home located in Sarasota County with nearby schools including Tuttle Elementary School, Booker Middle School, and Booker High 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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