4495 Cocoanut Ave Sarasota, FL 34234
Bayou Oaks Neighborhood
3
Beds
3
Baths
1,524
Sq Ft
7,428
Sq Ft Lot
Highlights
- Screened Pool
- View of Trees or Woods
- No HOA
- Booker High School Rated A-
- Stone Countertops
- Mature Landscaping
About This Home
As of January 2025**THIS PROPERTY QUALIFIES FOR A 1.5% LENDER INCENTIVE IF USING PREFERRED LENDER. INQUIRE FOR MORE DETAILS.** Unlock the potential of this updated pool home, perfectly designed for multi-generational living or generating rental income. Located on a quiet, tree-lined dead-end street, this unique property stands strong, having weathered the recent storms without a scratch—making it an even more appealing choice for your next investment. With two separate living units—the main home and an attached mother-in-law (MIL) suite—each featuring its own entrance and outdoor area, this home offers the privacy and flexibility you need. However, the backyard spaces do connect by a gate, allowing the MIL suite to benefit from the use of the sparkling pool. Whether you’re looking for a family retreat or a lucrative investment, this home is ready to deliver. Step inside the main house to discover a spacious layout featuring two large bedrooms and two beautifully updated bathrooms. The primary suite opens directly onto the lanai, inviting you to take a refreshing dip in the sparkling pool. The heart of the home is the expansive kitchen, designed for both functionality and style. With generous counter space, abundant cabinetry, and stainless steel appliances, this kitchen is ideal for culinary enthusiasts and entertainers alike. Connected through the interior but with its own private entrance, the attached MIL suite provides a world of possibilities. Complete with a cozy living area, kitchenette, bedroom, and bathroom, this suite offers ultimate flexibility for visiting family, long-term guests, or even a short-term rental income. The private courtyard adds an extra touch of serenity, ensuring guests enjoy their own space while staying connected to the main home. Outside, the property continues to impress with an expansive paver driveway, offering plenty of parking for vehicles, a boat, or an RV—no HOA or deed restrictions to limit your lifestyle. The fully fenced backyard is a true private oasis, where the sparkling pool and spacious yard create the perfect setting for outdoor relaxation year-round. A spacious shed with electricity in the backyard adds even more functionality to this incredible space. This home has seen updates like a solar hot water heater and a durable metal roof, providing energy efficiency and lasting peace of mind. Conveniently located just minutes from SRQ International Airport, this property is particularly enticing for short-term rentals, attracting visitors looking for easy access to the beautiful attractions of Sarasota. Ideally situated near downtown Sarasota, UTC, and Ed Smith Stadium, this home places you at the heart of the action while maintaining a peaceful retreat. Plus, you’re centrally located to an array of the area's Gulf beaches. Whether you're seeking an exceptional living space or an investment with incredible potential, this property offers it all.
Last Agent to Sell the Property
KW COASTAL LIVING III Brokerage Phone: 941-900-4151 License #3283821 Listed on: 10/18/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $962
Year Built
- Built in 1979
Lot Details
- 7,428 Sq Ft Lot
- Street terminates at a dead end
- East Facing Home
- Wood Fence
- Mature Landscaping
- Level Lot
- Property is zoned RSF2
Parking
- Driveway
Property Views
- Woods
- Pool
Home Design
- Slab Foundation
- Metal Roof
- Block Exterior
- Stucco
Interior Spaces
- 1,524 Sq Ft Home
- 1-Story Property
- Chair Railings
- Ceiling Fan
- Window Treatments
- French Doors
- Living Room
- Dining Room
- Tile Flooring
Kitchen
- Eat-In Kitchen
- Breakfast Bar
- Built-In Oven
- Cooktop
- Dishwasher
- Stone Countertops
Bedrooms and Bathrooms
- 3 Bedrooms
- Split Bedroom Floorplan
- En-Suite Bathroom
- Walk-In Closet
- In-Law or Guest Suite
- 3 Full Bathrooms
- Single Vanity
- Dual Sinks
- Bathtub with Shower
- Shower Only
Laundry
- Laundry in Kitchen
- Dryer
- Washer
Eco-Friendly Details
- Solar Water Heater
Pool
- Screened Pool
- In Ground Pool
- Gunite Pool
- Fence Around Pool
Outdoor Features
- Screened Patio
- Exterior Lighting
- Shed
- Rain Gutters
Schools
- Tuttle Elementary School
- Booker Middle School
- Booker High School
Utilities
- Central Air
- Heating Available
- Thermostat
- High Speed Internet
- Cable TV Available
Community Details
- No Home Owners Association
- Homewood Community
- Homewood Subdivision
Listing and Financial Details
- Visit Down Payment Resource Website
- Tax Lot 18
- Assessor Parcel Number 0026040097
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 18, 2024
Closed on
Jan 15, 2025
Sold by
Bell Karen and Phillips Karen
Bought by
Spires Raymond Hunter
Seller's Agent
Toni Zarghami
KW COASTAL LIVING III
Buyer's Agent
Anthony Rudolph
PREFERRED SHORE LLC
List Price
$525,000
Sold Price
$495,000
Premium/Discount to List
-$30,000
-5.71%
Views
38
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
-$22,195
Avg. Annual Appreciation
-9.90%
Original Mortgage
$486,034
Outstanding Balance
$484,757
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
-$11,952
Purchase Details
Closed on
Dec 28, 2016
Sold by
Neipert James and Bell Karen
Bought by
Bell Karen and Bell Lily
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
4.03%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 16, 2005
Sold by
Lockwood Karen
Bought by
Neipert James and Neipert Karen L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,600
Interest Rate
6.04%
Mortgage Type
New Conventional
Similar Homes in Sarasota, FL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $495,000 | Modern Edge Title Llc | |
| Warranty Deed | $495,000 | Modern Edge Title Llc | |
| Quit Claim Deed | $74,000 | Attorney | |
| Warranty Deed | -- | Attorney |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $486,034 | New Conventional | |
| Closed | $486,034 | New Conventional | |
| Previous Owner | $139,500 | New Conventional | |
| Previous Owner | $20,000 | Commercial | |
| Previous Owner | $148,000 | New Conventional | |
| Previous Owner | $189,000 | New Conventional | |
| Previous Owner | $30,593 | Unknown | |
| Previous Owner | $205,600 | New Conventional | |
| Previous Owner | $30,097 | Credit Line Revolving | |
| Previous Owner | $98,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/15/2025 01/15/25 | Sold | $495,000 | 0.0% | $325 / Sq Ft |
| 11/19/2024 11/19/24 | Pending | -- | -- | -- |
| 11/11/2024 11/11/24 | Price Changed | $495,000 | -5.7% | $325 / Sq Ft |
| 10/18/2024 10/18/24 | For Sale | $525,000 | -- | $344 / Sq Ft |
Source: Stellar MLS
Tax History Compared to Growth
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 | $938 | $87,399 | -- | -- |
| 2023 | $938 | $84,853 | $0 | $0 |
| 2022 | $885 | $82,382 | $0 | $0 |
| 2021 | $843 | $79,983 | $0 | $0 |
| 2020 | $841 | $78,879 | $0 | $0 |
| 2019 | $809 | $77,106 | $0 | $0 |
| 2018 | $787 | $75,668 | $0 | $0 |
| 2017 | $779 | $74,112 | $0 | $0 |
| 2016 | $780 | $125,100 | $17,900 | $107,200 |
| 2015 | $793 | $118,200 | $10,400 | $107,800 |
| 2014 | $788 | $69,868 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Toni Zarghami
Seller's Agent in 2025
Toni Zarghami
KW COASTAL LIVING III
(941) 356-5076
10 in this area
1,089 Total Sales
-
Anthony Rudolph
Buyer's Agent in 2025
Anthony Rudolph
PREFERRED SHORE LLC
(702) 286-5251
1 in this area
123 Total Sales
Map
Source: Stellar MLS
MLS Number: A4624680
APN: 0026-04-0097
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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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