Back 511/332 Cocoanut Avenue
Off Market

511/332 Cocoanut Avenue

Sarasota FL 34236

2
1
1
1067 sq. ft.
Condo
Last sold for $720,000
Allison FickenAllison Ficken, last sold this property on 26 March 2025 after 260 days on market.

Overview

ENJOYMENT THROUGHOUT ALL THE SEASONS IS HERE! The perfect luxury pied-?-terre or year-round residence. TOP FLOOR corner end unit 511 SHINES in this 2021 MODERN build boutique downtown condominium located in the flourishing Rosemary District. Location and lifestyle immerse with all the culture and ambiance of city living, tucked into the neighborhood for a calm retreat. In zone X, an area determined to be outside of the floodplains, and at an elevation of 30 ft. A refreshingly low condo fee only $435 monthly. This airy unit lives well with a thoughtful open floor plan, a spacious South-facing 100 square foot private terrace, all comprising 1, 067 total square feet for ultimate enjoyment. This modern building was designed by the award-winning DSDG Architects firm utilizing impressive design elements, post-tension concrete construction, enhanced sound attenuation, and impact windows and terrace doors with Solarban. As you enter the unit your gaze is pulled to the expanse of glass that lines the width of the living space. The views impress and present the downtown city skyline to enjoy sunny day vistas and nights that twinkle. Perched on the 5th floor revealing soaring ceilings in the living area and primary bedroom showcasing open web steel joists?and notice the concrete architectural features further accentuating on the loftlike aesthetic. There are many designer enhancements and upgrades including custom color solid wood cabinets, stylish tile kitchen backsplash, automated Hunter Douglas blinds, custom fitted California Closets system, modern ceiling light fixtures in living area and den, pebble floor tile in the glass walk-in shower, modern vanity light fixture and substantial wood frame vanity mirror. The coastal-vibe wood-look plank floor tile throughout the main living area continues into the den and bathroom. The entryway has a convenient reach in closet that can be imagined to needs. The kitchen is designed with a generous peninsula accommodating ample counter seating, counters of durable Caesarstone quartz and equipped with Samsung stainless steel appliances. Electrolux stacked washer/dryer conveniently hidden behind the laundry closet pocket door in the hallway next to the bathroom. The second bedroom featuring a recessed ceiling provides flexibility of use, be it a den or office, workout space or guest accommodation. Solid wood interior doors with lever handles add to the long list of quality attributes. Top 5th floor residents enjoy an overlook terrace off the corridor looking out over the pool terrace and city beyond. Amenities include an elevated rooftop heated pool and sundeck on the 3rd level, complete with gas grill, and a covered lounge area. 332 Cocoanut has only 36 residential units and is a secure building with fob entry and surveillance, 2 elevators, secure climate-controlled storage room on the second floor, and ground level under building parking. Unit 511 comes with 1 covered parking space and 5 x 10 storage cage. A short 500 yards to Whole Foods Market and the year-round Sarasota Farmers Market. And the experiences of Main Street intersecting from there. Delightful St. Armands Circle and Lido Beach are under 3 miles over the scenic Ringling Bridge. Eateries, Shops, Galleries, Theatre, Opera, Ballet, the Sarasota Bayfront, and Marina, the evolving 53-acre Bay Park, and more, so close just steps from your door. Hop on the Bay Runner to the beach. Catch the Breeze to SRQ airport only 4 miles away.

Features

2 bedrooms
1 bathroom
1 carspace
1 garage space
1067 sq. ft. floor area
Condo

Estimated Value

Based on this property and similar 2 bedroom condos sold in Sarasota over the last 12 months, the estimated median property value of 511/332 Cocoanut Avenue is $970k.

Median value
$970k
Estimated value range
$250k - $2.11m
Median days on market
97
Estimated value trend
-3%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Sarasota. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 511/332 Cocoanut Avenue

2025
Sold
$720,000
26 Mar 2025 by Allison Ficken, of WILLIAM RAVEIS REAL ESTATE
2021
Sold
$562,295
01 Apr 2021 by Christina Stramiello, of ROBERT SLACK LLC

Happy sellers in Sarasota

90%
90% of sellers in Sarasota reported that their sale price either exceeded or met their price expectations.

Sarasota stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 11 reviews in Sarasota over the last 12 months.

Local market activity for 2 bedroom condos in Sarasota

In the last 12 months, 156 two-bedroom condos similar to 511/332 Cocoanut Avenue, have been sold.

This represents a 24% increase in two-bedroom condos sales when compared to the previous 12 months.

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