681 Cocoanut AVENUE, Sarasota, FL, 34236 | $1,350,000

Under contract-accepting backup offers. Rarely available! This unique three-bedroom townhome featuring a private, enclosed courtyard is ideally in the heart of downtown Sarasota. On a quiet, tree-lined street, this home boasts a rare combination of peaceful living and prime location. The artfully designed floor plan lives like a single-family home, with open-concept living and entertaining space on the first level and three restful bedrooms on the second. The private courtyard leads to a detached two-car garage. Completed in 2019, this nearly new townhome features impact glass windows, tile and hardwood flooring, high ceilings, crown molding, premium finishes and a tankless hot water heater. The chef's kitchen is bright and spacious with solid wood cabinets, quartz countertops, a built-in pantry and a gas range. An ample breakfast bar creates plenty of room for cooking and entertaining. The kitchen opens to an expansive dining room and comfortable living space. French doors open from the dining room to the private courtyard patio, which has been plumbed for an outdoor kitchen. This completely private outdoor space is unique to this floorplan and highly desired in the downtown area. The primary retreat is on the second level and features a generous primary bath and large walk-in closet. Two comfortably sized guest rooms with a second bath and a convenient second-floor laundry room round out the second level. The oversized, detached two-car garage includes a separate entry door and plenty of room for storage. Valencia at Rosemary Place is a boutique townhome community uniquely in the Rosemary District. It is less than a quarter mile from The Bay Sarasota, the new 53-acre park on Sarasota Bay boasting nature trails, boardwalk, kayak launch, splash pad, fitness activities, concerts and social events, and just a short distance from the shops and restaurants of Main Street and Palm Avenue. Access to the hotel pool and fitness facilities at The Sarasota Modern across the street is available at an additional fee.

Features

  • Rooms: 10
  • Bedrooms: 3
  • Baths: 2 full / 1 half
  • Laundry: Inside, Laundry Closet, Upper Level
  • Style: Mediterranean, Traditional
  • Year Built: 2018
  • Garage: 2-car Alley Access, Garage Door Opener, Garage Faces Rear, Ground Level, Guest, Off Street
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 1,997
  • Acreage: 0.05
  • Est. Taxes: $7,021
  • HOA Fee: $480 Monthly
  • Lot Desc: City Lot, Landscaped, Near Marina, Sidewalk
  • View: City
  • Elem. School: Alta Vista Elementary
  • Middle School: Booker Middle
  • High School: Booker High
  • Pet Policy: Breed Restrictions, Cats OK, Dogs OK, Number Limit, Yes
  • Appliances: Built-In Oven, Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Tankless Water Heater, Washer
  • MLS#: A4624893
  • Days on Market: 5 days
  • Website: https://www.raveis.com
    /eprop/A4624893/681cocoanutavenue_sarasota_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 11/25/2024 2:06:50 PM)
Listing courtesy of PREMIER SOTHEBYS INTL REALTY   Phone: 941-364-4000

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NMLS Mortgage Loan Originator ID 16953

917.838.7300

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681 Cocoanut AVENUE, Sarasota, FL, 34236

$1,350,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,080,000 $1,080,000 $1,080,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.750% 6.625% 6.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.321% 6.750% 7.038%
Monthly Tax Payment $585 $585 $585
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $7,005 $6,915 $9,557
Total Monthly Payment $7,715 $7,625 $10,267

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.