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.
Sold for $508,000
$508,000
1361 16th St, Sarasota, FL 34236
3beds
1,404sqft
Single Family Residence
Built in 1940
10,550 Square Feet Lot
$531,500 Zestimate®
$362/sqft
$2,887 Estimated rent
Home value
$531,500
$489,000 - $585,000
$2,887/mo
Zestimate® history
Owner options
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$2,887/mo
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$2,887/mo
Rent Zestimate®
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$3,260/mo
Est. payment
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$3,260/mo
Est. payment
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List your homeWhat's special
Detached studioFully updated bathroomUpgraded appliancesExterior doorsNew roof
Zillow last checked:
Listing updated:
Listing Provided by:
Robert Delaney 941-315-3185,
MICHAEL SAUNDERS & COMPANY 941-388-4447
Bought with:
Tiffany Lawrence, 3543408
GULF SHORES REALTY
Source: Stellar MLS,MLS#: A4596330
Originating MLS: Sarasota - Manatee
Originating MLS: Sarasota - Manatee
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Features: Built-in Closet
- Level: First
Bedroom 2
- Features: Built-in Closet
- Level: First
Dining room
- Level: First
Kitchen
- Level: First
Living room
- Level: First
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Cooktop, Dishwasher, Refrigerator
- Laundry: Inside
Features
- Ceiling Fan(s)
- Flooring: Ceramic Tile, Laminate, Hardwood
- Has fireplace: No
Interior area
- Total structure area: 1,584
- Total interior livable area: 1,404 sqft
Property
Parking
- Total spaces: 1
- Parking features: Garage - Attached
- Attached garage spaces: 1
Features
- Levels: One
- Stories: 1
- Exterior features: Lighting, Private Mailbox, Sidewalk
- Fencing: Fenced
Lot
- Size: 10,550 sqft
- Dimensions: 100 x 106
- Features: Oversized Lot
Details
- Parcel number: 2025040016
- Zoning: RSF4
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Wood Siding
- Foundation: Crawlspace
- Roof: Shingle
Condition
- New construction: No
- Year built: 1940
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Connected, Sewer Connected
Community & neighborhood
Location
- Region: Sarasota
- Subdivision: VALENCIA TERRACE REV
HOA & financial
HOA
- Has HOA: No
Other fees
- Pet fee: $0 monthly
Other financial information
- Total actual rent: 0
Other
Other facts
- Listing terms: Cash,Conventional
- Ownership: Fee Simple
- Road surface type: Brick, Other
Price history
| Date | Event | Price |
|---|---|---|
| 2/20/2024 | Sold | $508,000-3.2%$362/sqft |
Source:  Stellar MLS #A4596330 Report a problem | ||
| 1/25/2024 | Pending sale | $525,000$374/sqft |
Source: Stellar MLS #A4596330 Report a problem | ||
| 1/19/2024 | Listed for sale | $525,000$374/sqft |
Source: Stellar MLS #A4596330 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: Central Cocoanut
Nearby schools
GreatSchools rating
- 2/10Gocio Elementary SchoolGrades: PK-5Distance: 2.8 mi
- 5/10Booker Middle SchoolGrades: 6-8Distance: 1.6 mi
- 7/10Riverview High SchoolGrades: PK,9-12Distance: 5 mi
Schools provided by the listing agent
- Elementary: Gocio Elementary
- Middle: Booker Middle
- High: Riverview High
Source: Stellar MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$531,500
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$531,500
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