1116 COCOANUT AVE, Sarasota, FL 34236 – A4557567 - Ricardo Simon

$836,000

Est. payment -/mo

$875,000

4.5%

Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

3 Beds

2 Baths

2,013 SqFt

SOLD DATE : 04/10/2023

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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Ricardo Simon

ricardo.simon@lptrealty.com +1(407) 476-6263

Our team is ready to help you sell your home for the highest possible price ASAP

Listed by PREMIER SOTHEBYS INTL REALTY
Bought with PREMIER SOTHEBYS INTL REALTY

"After my 14-year service to the U.S. NAVY, I have dedicated my life to the real estate industry for the last decade. Now, my mission is to provide you with a smooth and beneficial experience in buying or selling real estate in Central Florida. Call me to learn more."

+1(407) 476-6263

ricardo.simon@lptrealty.com