Don’t miss this incredible opportunity to relish a tranquil island lifestyle on a rare nearly half-acre wooded property in a well-established neighborhood on North Siesta Key. Nestled in the coveted Cocoanut Bayou community, the property offers exclusive access to the gated Cocoanut Bayou Association’s private, serene beach. Whether you choose to renovate the existing 2-bedroom, 3-bathroom cottage or build your dream home, you can create your own piece of island paradise here. Cocoanut Bayou is a community of about 50 homes, ranging from magnificent waterfront estates to beach bungalows built in the 1950s and 60s. The property’s amazing location is just a short stroll or bike ride from the powdery white sands of Siesta Beach on the Gulf of Mexico and charming Siesta Village, and 5 miles from downtown Sarasota’s dining, shopping and cultural arts scene.
Sold for $1,200,000 on 03/14/24
$1,200,000
651 Mangrove Point Rd, Sarasota, FL 34242
2beds
2,167sqft
Single Family Residence
Built in 1966
0.46 Acres Lot
$1,191,300 Zestimate®
$554/sqft
$7,169 Estimated rent
Home value
$1,191,300
$1.00M - $1.43M
$7,169/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: March 16, 2024 at 09:06am
Listing Provided by:
Beverly St Hilaire 818-416-2505,
MICHAEL SAUNDERS & COMPANY 941-388-4447,
Tak Konstantinou 941-388-4447,
MICHAEL SAUNDERS & COMPANY
Bought with:
Monica LeSuer, 3488404
PREFERRED SHORE LLC
Source: Stellar MLS,MLS#: A4588082
Originating MLS: Sarasota - Manatee
Originating MLS: Sarasota - Manatee
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 3
- Full bathrooms: 3
Primary bedroom
- Features: Walk-In Closet(s)
- Level: First
- Dimensions: 17x17
Bedroom 2
- Level: First
- Dimensions: 12x17
Kitchen
- Level: First
- Dimensions: 20x13
Living room
- Features: Built-In Shelving
- Level: First
- Dimensions: 27x28
Heating
- Central, Heat Pump
Cooling
- Central Air
Appliances
- Included: Oven, Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
- Laundry: Inside, Laundry Room
Features
- Built-in Features, Eating Space In Kitchen, High Ceilings, Open Floorplan, Solid Surface Counters, Split Bedroom, Walk-In Closet(s), Wet Bar
- Flooring: Carpet, Tile
- Doors: Sliding Doors
- Windows: Blinds, Window Treatments
- Basement: Crawl Space
- Has fireplace: Yes
- Fireplace features: Wood Burning
Interior area
- Total structure area: 4,605
- Total interior livable area: 2,167 sqft
Property
Parking
- Total spaces: 2
- Parking features: Boat, Circular Driveway, Garage Door Opener, Guest, Parking Pad, RV Garage
- Attached garage spaces: 2
- Has uncovered spaces: Yes
Features
- Levels: Multi/Split
- Patio & porch: Covered, Deck, Porch, Screened, Side Porch
- Exterior features: Garden, Irrigation System, Lighting, Private Mailbox, Rain Gutters
- Fencing: Chain Link,Wood
- Has view: Yes
- View description: Garden, Trees/Woods
- Waterfront features: Beach - Access Deeded, Gulf/Ocean Access
- Body of water: GULF OF MEXICO
Lot
- Size: 0.46 Acres
- Features: FloodZone, Landscaped, Level, Oversized Lot
- Residential vegetation: Bamboo, Fruit Trees, Mature Landscaping, Oak Trees, Trees/Landscaped
Details
- Parcel number: 0079070024
- Zoning: RSF1
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cottage,Florida
- Property subtype: Single Family Residence
Materials
- Metal Frame, Wood Frame, Wood Siding
- Foundation: Slab
- Roof: Metal
Condition
- New construction: No
- Year built: 1966
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Connected, Phone Available, Public, Sewer Connected
Community & neighborhood
Community
- Community features: Water Access
Location
- Region: Sarasota
- Subdivision: BOYDS
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $67 monthly
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: Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 3/14/2024 | Sold | $1,200,000-14.3%$554/sqft |
Source:  Stellar MLS #A4588082 | ||
| 1/31/2024 | Pending sale | $1,400,000$646/sqft |
Source: Stellar MLS #A4588082 | ||
| 11/2/2023 | Listed for sale | $1,400,000$646/sqft |
Source: Stellar MLS #A4588082 | ||
| 10/25/2023 | Listing removed | -- |
Source:  Michael Saunders & Company | ||
| 5/24/2023 | Price change | $1,400,000+16.7%$646/sqft |
Source: Michael Saunders & Company #A4568377 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $859,400 -7.9% |
| 2024 | $11,600 +209.4% | $933,200 +213.1% |
| 2023 | $3,749 +2.3% | $298,006 +3% |
Find assessor info on the county website
Neighborhood: 34242
Nearby schools
GreatSchools rating
- 9/10Phillippi Shores Elementary SchoolGrades: PK-5Distance: 1.9 mi
- 6/10Brookside Middle SchoolGrades: 6-8Distance: 2.2 mi
- 5/10Sarasota High SchoolGrades: 9-12Distance: 3.2 mi
Schools provided by the listing agent
- Elementary: Phillippi Shores Elementary
- Middle: Brookside Middle
- High: Sarasota 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
$1,191,300
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
$1,191,300