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333 Cocoanut Avenue, SARASOTA, FL – $5,500,000

  • $5.5M Price
  • .36 Acres
  • 484 DOM
  • $5.5M Price
  • .36 Acres
  • 484 DOM

333 Cocoanut Avenue

333 COCOANUT - JUMP ON THIS PRIME DOWNTOWN SARASOTA DEVELOPMENT OPPORTUNITY! This 15,750 sq ft mixed use lot is zoned DTC (Downtown Core) and can be constructed up to 10 stories with up to 18 residential units. Already have due diligence which can be shared, including The location of this phenomenal corner lot places it directly at the base of the very popular Cocoanut corridor; the most popular crossing across Fruitville Rd. Those residents lucky enough to purchase into any development created here at 333 Cocoanut, will be able to walk to the bayfront or downtown in under 5 minutes! Penthouses will be able to have bay views with a very attractive cost per square foot. Please click on the links to be taken to websites and videos which show exactly how enticing this lot is. Its a clean slate just waiting for the right developer to come in and create 18 luxurious units at a great time in the market. 3 lots being sold as one. 1274 4th, 1282 4th, 1290 4th

Essential Information

  • MLS® #A4556199
  • Price$5,500,000
  • Bathrooms0.00
  • Acres0.36
  • TypeLand
  • Sub-TypeLand
  • StatusActive

Community Information

  • Address333 Cocoanut Avenue
  • AreaSarasota
  • SubdivisionPLAT OF SARASOTA EXHIBIT
  • CitySARASOTA
  • CountySarasota
  • StateFL
  • Zip Code34236

Exterior

Lot Description

Cleared, City Limits, Near Marina, Near Public Transit, Paved

School Information

  • ElementaryAlta Vista Elementary
  • MiddleBooker Middle
  • HighBooker High

Additional Information

  • Date ListedJanuary 20th, 2023
  • Days on Market484
  • ZoningDTC
  • Taxes$7,766
  • HOA Fees$0

Listing Details

  • OfficeCOLDWELL BANKER REALTY
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Listing data comes from My Florida Regional MLS DBA Stellar MLS.

Listing information last updated on May 18th, 2024 at 11:34am EDT.