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$219,950   Price Analysis
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2755 Coconut Bay Ln # 114
Sarasota, FL 34237
2 bed 2 bath 1,010 SqFt ($217/SqFt)
Built 1974
Listed 2023-04-14, HOA $422, Taxes $1,756
Ⓧ USDA Ineligible
due to location

near Sarasota

Under contract-accepting backup offers.

* Sale Pending *

Welcome to the luxurious gated community of Sarasota Palms! This beautifully updated first-floor condo is a perfect blend of comfort, convenience and elegance. As you enter the home, you will be greeted by the attractive tray ceilings and the warmth of the solid wood cabinetry and granite countertops in the kitchen, with the same tasteful upgrades carrying on into both bathrooms. This home also features a brand new (May 2023) water heater added chair rails and crown molding, beautifully updated laminate flooring in the bedrooms, recently installed double paned hurricane windows and sliding doors and a screened in porch for you to sit outside and enjoy your morning coffee. The clubhouse is a fantastic amenity for residents, featuring a fully equipped fitness center, sauna, upgraded theatre room, billiards room and business center, complete with WiFi throughout the community.

You'll also have access to the largest pool and fitness center of any association n Sarasota County. Bring your furry friend to the large fenced dog park or enjoy the playground and tennis courts. Host a barbecue in the grilling and picnic area or take a relaxing walk around the lake. This condo is conveniently located near the Ed Smith Stadium, the spring training home for the Baltimore Orioles. You'll also be minutes away from downtown Sarasota and the nearby marina. For beach lovers, St. Armand's Circle and Lido Key are 5 miles away, offering some of the most charming powder sand beaches in the world. Plus, the Sarasota/Bradenton International Airport is a short 5-mile drive away. This condo is perfect for those who value comfort, convenience and luxury living. Whether its a primary residence, sec ond home or an investment, don't miss out on the opportunity to make this yours. Seller financing and rent-to-own options are available. Seller financing available with 40% down payment, at a 6.9% interest rate with a 1 year balloon period on a 10 year amortization schedule. Other terms can be offered with 20% down.


Presented by Amber Koepke at
LPT REALTY LLC.
Listing Agent Photo

Property MLS #S5082989 from StellarMLS

Bedrooms: 2
Primary Bedroom Dimensions: 17 x 11
Bedroom 2 Dimensions: 13 x 10
Primary Bedroom Level: First
Bedroom 2 Level: First

Total Rooms: 7
Living Room Dimensions: 27 x 13
Living Room Level: First

Total Bathrooms: 2
Full Bathrooms: 2
Bathroom 2 Level: First

Ceiling Fans(s)
Chair Rail
Crown Molding
Living Room/Dining Room Combo
Primary Bedroom Main Floor
Open Floorplan
Solid Wood Cabinets
Stone Counters
Thermostat
Walk-In Closet(s)
Window Treatments
Flooring: Laminate, Tile

Dishwasher
Dryer
Microwave
Range
Refrigerator
Washer
Laundry Features: In Kitchen

Cooling Features: Central Air
Heating Features: Central

Kitchen Dimensions: 10 x 9
Kitchen Level: First

Tennis Court(s)
Road Surface Type: Asphalt
Porch Dimensions: 13 x 5
Porch Level: First

Association: Yes
Association Amenities: Clubhouse, Elevator(s), Fitness Center, Gated, Playground, Pool, Tennis Court(s)
Association Fee: 422
Association Fee Frequency: Monthly
Association Fee Includes: Pool, Internet, Recreational Facilities
Calculated Total Monthly Association Fees: 422
Association Name: Bruce Thompson
Association Phone: 9413665561
Pets Allowed: Number Limit, Size Limit
Pet Description: Pet Restrictions: 2 Cats, or 1 Cat and 1 Dog, but not 2 Dogs, Pet Size: Medium (36-60 Lbs.), Max Pet Weight: 45, Number Of Pets: 2
Cats Allowed: Yes
Dogs Allowed: Yes

Elementary School: Tuttle Elementary
High School: Booker High
Middle School: Booker Middle

Tuttle Elementary School is a public elementary school located approximately 0.2 miles away.
directions icon Map directions

Booker Middle School is a public middle school located approximately 1.7 miles away.
directions icon Map directions

Booker High School is a public high school located approximately 2 miles away.
directions icon Map directions

Agape Christian School Of Sarasota is a private elementary, middle and high school located approximately 0.5 miles away.
directions icon Map directions

Unit Floor In Building: 1

Lease Term: Minimum Lease: 8-12 Months

Community Features: Buyer Approval Required, Clubhouse, Fitness Center, Playground, Pool, Tennis Courts

Annual Tax Amount: 1756.89
Source Listing Status: Pending
County: Sarasota
Directions: From I-75 S Take exit 210 toward Sarasota/St Armands, keep right at fork, merge onto FL-780 W/Fruitville Rd, turn right on N Tuttle Ave, Turn left at 8th St stoplight and immediately turn right toward Coconut Bay Ln.
Tax Year: 2022
Ownership: Fee Simple
Source Property Type: Residential
Area: 34237 - Sarasota
Property Subtype: condo
Source Neighborhood: SARASOTA PALMS
Parcel Number: 2028011004
Postal Code Plus 4: 3036
Subdivision: SARASOTA PALMS
Township: 36S
Zoning: RMF5
Property Subtype: Condominium
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$unknown + $unknown
$94,930
$1,756
2021$86,300 + $unknown
$86,300
$1,520
2020$84,500 + $unknown
$84,500
$1,524
2019$82,900 + $unknown
$82,900
$1,493
2018$84,400 + $unknown
$84,400
$1,520
2017$78,300 + $unknown
$78,300
$1,435
2016$75,700 + $unknown
$75,700
$1,475
2015$unknown + $unknown
$51,425
$1,189
2014$unknown + $unknown
$46,750
$1,156
2013$unknown + $unknown
$42,500
$942
2012$unknown + $unknown
$42,000
$918
2011$unknown + $unknown
$38,400
$849
2010$unknown + $unknown
$43,500
$953
2009$unknown + $unknown
$65,800
$1,342
2008$unknown + $unknown
$99,000
$1,824
2007$unknown + $unknown
$130,300
$2,332

Price Changed 2023-05-06
$219,950
StellarMLS
Listed 2023-04-14
$229,950
StellarMLS
Listing removed 2023-04-07
$237,950
StellarMLS
Listing removed 2023-04-02
$237,950
StellarMLS
Listed 2022-02-14
$237,950
StellarMLS
Listing removed 2022-01-08
$237,950
StellarMLS
Price Changed 2021-11-04
$237,950
StellarMLS
Price Changed 2021-10-30
$222,950
StellarMLS
Listing removed 2021-10-12
$1,400
StellarMLS
Listing removed 2021-10-06
$0
StellarMLS
Listed for rent 2021-10-05
$1,400
StellarMLS
Listed 2021-06-03
$212,950
StellarMLS
Sold 2005-11-22
$144,500
Public Record

Total Square Feet Living: 1010
Year Built: 1974
Building Area Source: Public Records
Building Area Total: 1073
Building Name: 2755
Construction Materials: Cement Siding
Direction Faces: South
Foundation Details: Slab
Levels: One
Property Age: 50
Roof: Built-Up
Levels or Stories: 1
Building Total Stories: 1

Sewer: Public Sewer
Electricity Connected
Water Connected
Water Source: Public

Security Features: Gated Community
Click Thumbnail Images To View Full Size
porchlaundry_roomkitchendining_roomliving_room
living_roomliving_roombedroombedroombathroom
bedroombathroomunknownliving_roomporch
poolunknownporch

The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.