1106 COCOANUT AVENUE
About This Property
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 2, 2025 | Sold | ||
| Sold | |||
| Apr 10, 2025 | Listed by THE SARASOTA REAL ESTATE COMP. | $379,000 | |
| Listed by THE SARASOTA REAL ESTATE COMP. | |||
| Feb 15, 2025 | In contract | - | |
| In contract | |||
| Aug 20, 2024 | Listed | $879,000 | |
| Listed | |||
| | |||
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Under contract-accepting backup offers. Pre-Construction. To be built. Discover the perfect canvas for your dream home in one of Sarasota’s most sought-after locations. This lot, ideally situated near Pioneer Park and Downtown Sarasota, offers a rare opportunity to build your custom oasis just a short distance away from the city’s best beaches, Sarasota Bay, and a vibrant array of restaurants, shops, art galleries, theaters, and more.
Explore the limitless possibilities with the Yoder Homes Custom design and floor plan for this prime vacant land listing. Imagine crafting your perfect home with a custom-designed layout that maximizes the unique features of the property. The proposed floor plan features a stunning 3-bedroom, 2-bathroom home with modern finishes throughout. Designed with both style and resilience in mind, the home will include hurricane impact doors and windows, ensuring peace of mind during storm season. The spacious 2-car garage provides ample storage, while the screened-in paver lanai offers the perfect spot to relax and enjoy Florida’s beautiful weather year-round. This design includes open-concept living spaces, a luxurious master suite, a gourmet kitchen, and outdoor areas ideal for entertaining. Imagine designing your dream home just minutes from the vibrant heart of Sarasota, where you can enjoy a perfect blend of urban convenience and coastal serenity.
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| Apr 20, 2016 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017