332 Cocoanut

332 Cocoanut Homes for Sale – Sarasota, Florida 34236

A mixed-use condominium in the Rosemary District, 332 Cocoanut Avenue was developed in step with the 2014 decision of the city of Sarasota to allow residential density of up to 75 units per acre in the district. This higher density cap, three times the prior maximum, has notably resulted in the construction after four years of over 1,500 units, thus dramatically expanding this district’s slice in the stock of Sarasota condos for sale.

The developer of 332 Cocoanut Avenue is none other than the owner of the site himself, Mark Famiglio, president and chairman of the popular international event Sarasota Film Festival that the city has hosted annually for over 20 years.

Planned with a construction budget of $8 million, this condominium simply derived its name from the property’s Cocoanut Avenue location on the southeast corner of 4th Street. The concept of 332 Cocoanut Avenue is that of a boutique condominium with a modern flair that fits Sarasota’s warm and inviting environment.

Award-winning DSDG Architects designed this condominium which is planned for five stories expected for completion in the first quarter of 2020. DSDG’s handiwork is already on display in some city landmarks like the Sarasota Yacht Club and Ringling Square, as well as in the condominium Orange Club in Laurel Park and Infinity on Longboat Key.

Quaint Condo Mix

Famiglio’s 332 Cocoanut Avenue is set for 36 residential condos. These residences are laid out over approximately 10,000 square feet of commercial space on the condominium’s first two floors.

An 800-square-foot coffee shop in the building’s first floor welcomes both condo residents and walk-in customers. The office of Sarasota Film Festival, which was originally holding fort on the site, will also be in the condominium building and with a potential for use as a shared co-work space.

The cinema-centric flavor in 332 Cocoanut Avenue condo looms to be reinforced too, as Famiglio bids to acquire as a property feature the Marilyn Monroe statue in her iconic up-skirt pose in The Seven-Year Itch film. This Forever Marilyn sculpture is a rendition by the noted artist Seward Johnson who also brought to Sarasota the landmark statue Unconditional Surrender at the city’s bayfront.

Varied Price Points

A strata of choices comprise the 36 condos of 332 Cocoanut Avenue. Picks start from its 18 units in layouts of about 900 square feet designed with one bedroom and one bath. The price quotes of these condos start from the upper $400s.

The pricing increases up to the $500s‒$700s range for units with floor areas of 1,150 and 1,600 square feet featuring two bedrooms and two baths. The crown jewel of this condominium is its market-listed penthouse with a floor plan of nearly 2,100 priced at $1.38 million.

From the ground up, the condominium building is of post-tension concrete construction. A balcony is designed in each unit so that its residents can share in the charming views of the urban environment of Rosemary District. Parking is set on a ground-floor garage accessible from an alley.

This condominium flaunts a walkability score of 94 out of 100. Helping bring about this rating are the shops and restaurants in and around Rosemary District. Additional score points are likewise drawn from nearby venues for arts and culture as well as from the Gulf Coast attractions of Lido Beach just past the Ringling Bridge to the West.

332 Cocoanut Homes For Sale

Below are the current real estate listings available in 332 Cocoanut.

Please contact me if you would like to schedule a tour of any of the listed properties below.