NOT LISTED FOR SALE

721 Cocoanut Ave Sarasota, FL 34236

Downtown Sarasota Neighborhood

Estimated Value: $897,000 - $1,176,000

3 Beds
2.5 Baths
2,210 Sq Ft
$492/Sq Ft Est. Value

Last Sold May 31, 2019

Last sale price $616,105 $279 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $6,716/month

279 Days on Market

Highlights

  • Media Room
  • Built in 2016 | Newly Remodeled
  • Open Floorplan
  • Booker High School Rated A-
  • The property is located in a historic district
  • Deck

About This Home

As of May 2019

Under Construction. Valencia at Rosemary Place PHASE II Townhomes, New Construction with completion schedule for Late 2017. Located in the Downtown Sarasota Rosemary District. The Barcelona floor plan feature 2,210 sq ft, 3 bedrooms, 2.5 baths, 2 car garage, Front Porch, Corner/End Unit, Lots of windows for Natural lighting. Interior features include; premium hardwood floors, designer European style wood cabinetry with 42" cabinets and crown molding, Kitchen Aide Stainless Steel Appliances (gas), granite countertops, and choice of 3 elegant designer finish packages in multiple styles. Walking distance to all of what downtown Sarasota has to offer, across from the Van Wezel Performing Arts Hall, near Ringling Museum, St Armand Circle, Lido Key and Longboat Key beaches, short distance to Sarastoa/Bradenton Airport and much more! This is a fee simple townhome ownership (not condominium). HOA is $447 a month, which includes; water/sewer/trash, common area electric, Amenity Area with beautiful wall fountain, trellised arbor with columns, multiple seating areas, ornamental pots and accent brick paving. Renderings are subject to change.

Last Agent to Sell the Property

Geoffrey Moore

CRESTVIEW REALTY GROUP LLC License #3086294 Listed on: 07/05/2016

Last Buyer's Agent

Ryan Studzinski

CRESTVIEW REALTY GROUP LLC License #3289644

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,928

Year Built

  • Built in 2016 | Newly Remodeled

Lot Details

  • 1,734 Sq Ft Lot
  • End Unit

HOA Fees

  • $447 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Bi-Level Home
  • Slab Foundation
  • Tile Roof
  • Block Exterior

Interior Spaces

  • 2,210 Sq Ft Home
  • Open Floorplan
  • Great Room
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • Media Room
  • Laundry in unit

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Outdoor Features

  • Deck
  • Patio
  • Porch

Location

  • Property is near public transit
  • The property is located in a historic district
  • City Lot

Schools

  • Southside Elementary School
  • Booker Middle School
  • Riverview High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Fiber Optics Available

Listing and Financial Details

Community Details

Overview

  • Association fees include escrow reserves fund, maintenance structure, ground maintenance, maintenance repairs, pest control, private road, sewer, trash, water
  • 30 Units
  • Rosemary Park Community
  • Valencia Rosemary Place Townhomes Subdivision
  • The community has rules related to deed restrictions
  • Rental Restrictions

Pet Policy

  • 2 Pets Allowed
  • Breed Restrictions

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,928

Year Built

Built in 2016 | Newly Remodeled

Lot Details

1,734 Sq Ft Lot

HOA Fees

$447 per month

Parking

2

Listing Details

  • HOA Fee Includes: Escrow Reserves Fund, Maintenance Structure, Maintenance Grounds, Maintenance Repairs, Pest Control, Private Road, Sewer, Trash, Water
  • Property Type: Residential
  • Property Condition: Under Construction
  • Property Sub Type: Townhouse
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 2210
  • Lot Size Acres: 0.03
  • New Construction: Yes
  • Year Built: 2016
  • Building Area Total: 2654
  • Lot Size Sq Ft: 1734
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=T2828044&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=T2828044&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: No
  • Number Of Pets: 2
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Subdivision Num: 3186
  • Property Description: Corner Unit, End Unit
  • Call Center Phone Number: 813-928-5383
  • Projected Completion Date: 2017-06-30T04:00:00.000Z
  • Ratio: Close Price\List Price: 1.05155
  • Price per Sq Ft: 278.78
  • Close to Original List Price Ratio: 1.08872
  • Ratio: Current Price\Building Area Total: 232.14
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: Builder
  • Tax Year: 2018
  • Special Features: 4098

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interior Amenities: Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Electric Water Heater, Microwave, Oven, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: Two
  • Room Count: 8
  • Additional Rooms: Great Room, Media Room
  • ResoLivingAreaSource: Builder

Exterior Features

  • Roof: Tile
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Deck, Patio, Porch
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

  • Utilities: Fiber Optics, Gas, Public, Street Lights
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions
  • Association Fee: 447
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Senior Community: No
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 5364
  • Monthly HOA Fee: 447
  • Total Monthly Fees: 447

Schools

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

Lot Info

  • Zoning: DTE
  • Parcel Number: 2026050121
  • Additional Parcels: No
  • Lot Features: Historic District, City Lot, Near Public Transit, Sidewalk
  • Millage Rate: 16.38
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Breed Restrictions, Yes
  • Minimum Lease: 1 Month
  • Approval Process: Provided in HOA Documents
  • Num Timesper Year: 1
  • Pet Restrictions: aggressive breeds
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: After 1st year, Tenant must be approved, only can be rented once per year minimum 30 day lease.

Multi Family

  • Number Of Units Total: 30

Tax Info

  • Tax Annual Amount: 1928
  • Tax Block: 1
  • Tax Book Number: 49
  • Tax Lot: 19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2016
Closed on
Apr 29, 2019
Sold by
Rosemary Place Townhomes Llc
Bought by
Furman Richard L and Furman Melissa M
Seller's Agent
Geoffrey Moore
CRESTVIEW REALTY GROUP LLC
Buyer's Agent
Ryan Studzinski
CRESTVIEW REALTY GROUP LLC
List Price
$565,900
Sold Price
$616,105
Premium/Discount to List
$50,205
8.87%
Current Estimated Value
$1,088,146

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$472,041
Avg. Annual Appreciation
8.72%
Original Mortgage
$554,494
Outstanding Balance
$493,433
Interest Rate
5.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$594,713
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Furman Richard L $616,200 Windward Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Furman Richard L $554,494
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2019 05/31/19 Sold $616,105 +5.2% $279 / Sq Ft
07/03/2017 07/03/17 Price Changed $585,900 +3.5% $265 / Sq Ft
04/11/2017 04/11/17 Pending -- -- --
07/05/2016 07/05/16 For Sale $565,900 -- $256 / 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 $7,280 $524,131 -- --
2024 $7,063 $509,360 -- --
2023 $7,063 $494,524 $0 $0
2022 $6,846 $480,120 $0 $0
2021 $6,867 $466,136 $0 $0
2020 $6,942 $459,700 $187,500 $272,200
2019 $2,086 $129,700 $129,700 $0
2018 $1,928 $119,400 $119,400 $0
2017 $1,932 $117,700 $0 $0
2016 $1,777 $107,000 $107,000 $0
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2019

    Geoffrey Moore

    CRESTVIEW REALTY GROUP LLC

  • R

    Buyer's Agent in 2019

    Ryan Studzinski

    CRESTVIEW REALTY GROUP LLC

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Map

Source: Stellar MLS

MLS Number: T2828044

Stellar MLS

APN: 2026-05-0121

Florida Sarasota County Sarasota 34236 Downtown Sarasota

721 Cocoanut Ave, Sarasota, FL

Not Listed for Sale

Townhouses

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Stellar MLS Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. 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.
Based on information submitted to the MLS GRID

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

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