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2725 Coconut Bay Ln
Sarasota, FL 34237 Downtown Sarasota

$21,120,000 USD

Apartments For Sale • 104,464 SF

Property Details

Property Type Apartments
Total Building Size 104,464 SF
Building Class B
Year Built 1974

30 Transit Score

60 Walk Score

                
                    Highlights
                
                                Recent multifamily sale comparables support 25%+ exit valuation increase
                            
                                Seller owns 174 of community’s 182 storage units
                            
                                Sarasota Palms’ location combines proximity to Downtown Sarasota within a residential setting east of the city’s primary commercial and cultural core
                            
                                Situated two blocks north of Fruitville Road, a principal east-west corridor connecting the downtown area with eastern Sarasota and Interstate 75
                            
                                The Pompano Trailhead of The Legacy Trail is located nearby, offering a paved, dog-friendly bicycling and recreation corridor
                            
                                Minutes to vibrant downtown Sarasota, stunning beaches and University Town Center (UTC)

Public Transportation

Airport	Drive	Walk	Distance
Sarasota/Bradenton International	14 min	-	6.4 mi

Ned Roberts 813-334-1184 RPH Multifamily

2725 Coconut Bay Ln Sarasota, FL 34237 Downtown Sarasota

$21,120,000 USD

Property Details

Highlights

Public Transportation

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2725 Coconut Bay Ln
Sarasota, FL 34237 Downtown Sarasota