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1116 COCOANUT AVE Sarasota, FL 34236
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Key Details
Sold Price $836,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,013 sqft
Price per Sqft $415
Subdivision Boulevard Add To Sarasota
MLS Listing ID A4557567
Sold Date 04/10/23
Bedrooms 3
Construction Status Inspections
HOA Y/N No
Originating Board Stellar MLS
Year Built 1935
Annual Tax Amount $6,458
Lot Size 7,405 Sqft
Acres 0.17
Lot Dimensions 50x125
Property Description
Desirable apartment building with tenants in place. The property has lush low-maintenance landscaping with inviting common areas that have just been upgraded to include a new parking area. Close to restaurants, nightlife and grocery stores. One block to bayfront water. There are tennis courts and a park directly across the street Upgrades include a renovated unit, new roof, new mini split air conditioners, and a new commercial dryer. The units are bright and nicely appointed. Gross income is $61,100 and the net income is approximately $48,000. Great tenants in place. The Sarasota-Bradenton international airport is a 10-minute drive, 3.9 miles. Easy to see with 24-hour notice.
Location
State FL
County Sarasota
Community Boulevard Add To Sarasota
Zoning RMF3
Interior
Interior Features Ceiling Fans(s), High Ceilings, Solid Wood Cabinets
Heating Central
Cooling Mini-Split Unit(s)
Flooring Carpet, Laminate, Tile, Wood
Furnishings Unfurnished
Fireplace false
Appliance Electric Water Heater, Range, Refrigerator
Laundry Inside, Laundry Room, Upper Level
Exterior
Exterior Feature Fence, Lighting, Rain Gutters, Sidewalk, Tennis Court(s)
Parking Features Common, Guest, Open
Community Features Park, Sidewalks, Tennis Courts
Utilities Available Electricity Connected, Public, Sewer Connected, Street Lights, Water Connected
View Park/Greenbelt
Roof Type Membrane
Garage false
Private Pool No
Building
Lot Description City Limits, Level, Near Public Transit, Sidewalk, Paved
Foundation Crawlspace
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Stucco, Wood Frame
New Construction false
Construction Status Inspections
Schools
Elementary Schools Bay Haven Sch Of Basics Plus Elementary
Middle Schools Booker Middle
High Schools Booker High
Others
Pets Allowed Yes
Senior Community No
Pet Size Very Small (Under 15 Lbs.)
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Num of Pet 1
Special Listing Condition None
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Bought with PREMIER SOTHEBYS INTL REALTY