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$174,950

2700 COCONUT BAY LANE UNIT 419, SARASOTA, FL 34237

3D Tour
Active487 days on market

Beds

1

Baths

1

Sq Ft

714 sq ft

Year Built

1974

Lot Size

—

Garage

—

About This Property

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 beautiful tray ceilings and the warmth of the solid wood cabinetry and granite countertops in the kitchen, with the same tasteful upgrades carrying on into the bathroom. This home also features updated laminate flooring in the bedroom, 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 in 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 just minutes away from downtown Sarasota and the nearby marina. For beach lovers, St. Armand's Circle and Lido Key are only 5 miles away, offering some of the most beautiful powder sand beaches in the world. Plus, the Sarasota/Bradenton International Airport is just a short 5-mile drive away. This condo is perfect for those who value comfort, convenience, and luxury living. Whether it’s a primary residence, second 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.

Property Overview

Property TypeResidential
Sub TypeCondominium
MLS #S5127342
StatusActive
Year Built1974
Stories3
Total Rooms5
ConstructionCement Siding
RoofBuilt-Up
FoundationSlab
FacesNorth
SubdivisionSARASOTA PALMS
CountySarasota
OwnershipFee Simple

Interior Features

InteriorCeiling Fan(s), Crown Molding, Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Solid Wood Cabinets, Stone Counters, Thermostat, Tray Ceiling(s), Walk-In Closet(s), Window Treatments
FlooringLaminate, Tile
AppliancesDishwasher, Disposal, Microwave, Range, Refrigerator
LaundryCorridor Access, Inside, Upper Level
WindowsBlinds, Double Pane Windows
CoolingCentral Air
HeatingCentral
SecurityGated Community

Exterior & Lot

ExteriorDog Run, Tennis Court(s)
FencingOther
Road SurfaceAsphalt
0

Utilities

WaterPublic
SewerPublic Sewer
UtilitiesElectricity Connected, Water Connected

Parking

GarageNo

HOA & Community

HOAYes
HOA Fee$299 / Monthly
Senior CommunityNo

Financial Details

List Price$174,950
Original Price$154,950
Annual Taxes$1,696 (2024)
FinancingCash, Conventional, Lease Purchase, Private Financing Available
ZoningRMF5
Parcel #2028011123

Schools

ElementaryTuttle Elementary
MiddleBooker Middle
HighBooker High

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.

Location

2700 COCONUT BAY LANE UNIT 419, SARASOTA, FL 34237

Listing Information

OfficeLPT REALTY, LLC
ListedJune 6, 2025

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Home Price

$174,950

20% ($34,990)
6.75%

Loan Term

Principal & Interest$908
Property Tax (est.)$160
Insurance (est.)$150
Total Monthly$1,218
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Nearby Schools

How to Buy This Home

Multiple financing options available for this $174,950 home in SARASOTA.

🏦

Conventional

$8,748 Down

Traditional financing. As low as 3-5% down with good credit.

Florida Down Payment Assistance Programs

You may qualify for up to $35,000 in assistance to cover your down payment and closing costs.

Florida Hometown Heroes

Up to $35,000

First-time buyers working in FL

FL Assist

Up to $10,000

FHA, VA, or USDA borrowers

FL HLP Second Mortgage

Up to $10,000

First-time buyers, 0% deferred

Sarasota County SHIP

Varies

Income-qualifying Sarasota residents

Can You Afford This Home?

Quick check based on the 28% debt-to-income rule. Not a guarantee — just a starting point.

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Listing information is deemed reliable but not guaranteed. All measurements and data should be independently verified. This information is provided by the Stellar MLS. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. IDX information is provided exclusively 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. Data last updated: September 29, 2026.

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