$508,000
$525,000
3.2%For more information regarding the value of a property, please contact us for a free consultation.
3 Beds
2 Baths
1,404 SqFt
SOLD DATE : 02/20/2024
Key Details
Sold Price $508,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,404 sqft
Price per Sqft $361
Subdivision Valencia Terrace Rev
MLS Listing ID A4596330
Sold Date 02/20/24
Bedrooms 3
Full Baths 2
HOA Y/N No
Originating Board Stellar MLS
Year Built 1940
Annual Tax Amount $3,820
Lot Size 10,454 Sqft
Acres 0.24
Lot Dimensions 100x106
Property Description
Welcome to Cocoanut Bungalow, an exceptional residence located just minutes from downtown Sarasota. This property is distinguished by not one, but two structures. The detached studio serves as a versatile Airbnb, presenting an excellent opportunity for additional income, a convenient mother-in-law suite, or a stylish home office. The main structure, being used as a permanent residence, features two bedrooms and one bathroom, and has great Airbnb or long-term rental potential. The additional structure is a studio-style one-bedroom, one-bathroom unit with a remarkable rental history on Airbnb. While the home has undergone many updates, its original charm remains intact. Recent enhancements include a new roof (2020), a fully updated bathroom, upgraded appliances (2020), a completely renovated studio (2020) a partial update to the studio bathroom, new fencing, exterior doors, and landscaping, among many other improvements. Take advantage of the expansive lot to create your ideal outdoor space. This property's prime location is just 5 minutes from the new Bay Front Park, 7 minutes to downtown Sarasota, and a mere 10 minutes to Lido Beach. The combination of functionality and an ideal location makes this property the perfect match for your needs.
Location
State FL
County Sarasota
Community Valencia Terrace Rev
Zoning RSF4
Interior
Interior Features Ceiling Fans(s)
Heating Central
Cooling Central Air
Flooring Ceramic Tile, Laminate, Wood
Fireplace false
Appliance Cooktop, Dishwasher, Refrigerator
Laundry Inside
Exterior
Exterior Feature Lighting, Private Mailbox, Sidewalk
Garage Spaces 1.0
Fence Fenced
Utilities Available Cable Available, Electricity Connected, Sewer Connected
Waterfront false
Roof Type Shingle
Attached Garage true
Garage true
Private Pool No
Building
Lot Description Oversized Lot
Story 1
Entry Level One
Foundation Crawlspace
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Wood Siding
New Construction false
Schools
Elementary Schools Gocio Elementary
Middle Schools Booker Middle
High Schools Riverview High
Others
Pets Allowed Yes
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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Bought with GULF SHORES REALTY
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