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4495 Cocoanut AVENUE, Sarasota, FL 34234
$495,000 Asking Price
$---/mo Est. Payment Get Prequalified »
3
beds
3
baths
1,524
sqft
Built in
1979
**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.
Features & Amenities
Interior
- General:
- Ceiling Fan(s), Chair Rail, Eating Space In Kitchen, Split Bedroom, Stone Counters, Thermostat, Walk-In Closet(s), Window Treatments
- Rooms:
- Interior In-Law Suite w/Private Entry
- Appliances:
- Built-In Oven, Cooktop, Dishwasher, Dryer, Refrigerator, Solar Hot Water, Washer
- Laundry:
- In Kitchen, Inside
- Flooring:
- Tile
- A/C:
- true, Central Air
- Heating:
- true, Electric
Exterior
- General:
- French Doors, Lighting, Rain Gutters, Shed(s)
- Pool:
- Gunite, In Ground, Screen Enclosure
- Parking:
- Driveway
Construction
- Roofing:
- Metal
- Windows:
- Window Treatments
- General:
- Block, Stucco, One, Slab
Location
- Road/Access:
- Street Dead-End
- Originating MLS:
- Stellar MLS
- County:
- Sarasota
Lot
- Zoning:
- RSF2, LOT 18 AMENDED PLAT OF HOMEWOOD, 0026040097
- View:
- Pool, Trees/Woods
- Fencing:
- Fenced, Wood
Utilities
- Utilities:
- BB/HS Internet Available, Cable Available, Electricity Available, Public, Sewer Available, Water Available
- Water:
- Public
- Sewer:
- Public Sewer
Financial
- Source:
- Stellar MLS
This listing courtesy of:
KELLER WILLIAMS CLASSIC GROUP, Toni Zarghami
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
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About Sarasota, FL
Housing
- Number of Units
- 152,825
- Median Home Value
- $341,369
- Median Rent
- $1,292
27.49% of housing units are renter occupied.
18.88% are vacant.
Commute
- Car
-
66.43%
- Public Transportation
-
0.60%
- Walk to Work
-
0.72%
- Work from Home
-
31.09%
- Other
-
0.55%
The median travel time to work is 16 minutes.
People
- Population
- 264,751
- Median Age
- 51.20
- Median Household Size
- 2.39
Education
- High School
-
26.25%
- Associate’s Degree
-
8.64%
- Bachelor’s Degree
-
22.70%
- Graduate Degree
-
17.31%
Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.
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