1045 Cocoanut Ave | Sarasota, FL 34236
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- LoopNet Team
1045 Cocoanut Ave
Sarasota, FL 34236
Promenade Apartments · Multifamily Property For Sale
·
29 Units
INVESTMENT HIGHLIGHTS
- In-place rents approximately $161 per unit below market
- Elevator allows for easy access to the second and third floors
- Concrete block construction with concrete sub-flooring and a pitched roof
- Substantial exterior greenspace allows for future amenity additions such as a pool or dog-run
- Offers the ability for a future condominium conversion
- Adjacent to a Publix-anchored shopping center, providing convenient access to shopping necessities
PROPERTY FACTS
| No. Units | 29 | Lot Size | 0.88 AC |
| Property Type | Multifamily | Building Size | 16,182 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1975 |
| Building Class | C | ||
| Zoning | RMF3 | ||
| No. Units | 29 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.88 AC |
| Building Size | 16,182 SF |
| No. Stories | 3 |
| Year Built | 1975 |
| Zoning | RMF3 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Oven
- Range
- Tub/Shower
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 29 | - | - |
PROPERTY TAXES
| Parcel Number | 2025-13-0056 | Improvements Assessment | $3,745,000 |
| Land Assessment | $1,692,400 | Total Assessment | $5,437,400 |
PROPERTY TAXES
Parcel Number
2025-13-0056
Land Assessment
$1,692,400
Improvements Assessment
$3,745,000
Total Assessment
$5,437,400
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