CENTURY 21 Edge
$3,270,0003 bd3.5 ba3,270 sqft$1,000 /sqft$19,031 /mo all-in ↓

290 COCOANUT AVENUE UNIT 601, SARASOTA, FL, 34236

Active414 days on marketListed Jun 16, 2025MLS #A4655024

New constructionCondominiumTHE EDGE SARASOTA

Come see it

Upcoming open houses

Wed, Aug 5

1:00 PM – 3:00 PM

Open House at Sales Gallery located @ 1801 Main St. Always Available by Appointment

Thu, Aug 6

1:00 PM – 3:00 PM

Open House at Sales Gallery located @ 1801 Main St. Always Available by Appointment

Fri, Aug 7

12:00 PM – 12:00 PM

Schedule your next Hard Hat Tour, We’re Always Available by Appointment

Sat, Aug 8

12:00 AM – 12:00 PM

Schedule your next Hard Hat Tour, We’re Always Available by Appointment

Sun, Aug 9

12:00 PM – 12:00 PM

Schedule your next Hard Hat Tour, We’re Always Available by Appointment

Mon, Aug 10

12:00 PM – 12:00 PM

Schedule your next Hard Hat Tour, We’re Always Available by Appointment

Tue, Aug 11

12:00 AM – 12:00 PM

Schedule your next Hard Hat Tour, We’re Always Available by Appointment

Wed, Aug 12

1:00 PM – 3:00 PM

Open House at Sales Gallery located @ 1801 Main St. Always Available by Appointment

About this home

290 COCOANUT AVENUE UNIT 601

Pre-Construction. To be built. Discover a rare opportunity at The Edge Sarasota—where boutique living meets vibrant city life. Residence A is a premier 3-bedroom, 3-bathroom corner residence offering over 3,200 square feet of open, modern living in one of Sarasota’s most in-demand downtown locations. From the 6th floor, this light-filled residence wraps the northwest side of the building offers exceptional natural light with floor-to-ceiling walls of glass. Step out onto your generous wraparound terrace and watch the sunset over the city. Designed to be as unique as you, the home features a great room and separate living room that connects to a chef’s kitchen with Italian cabinetry, Wolf and Sub-Zero appliances including a gas cooktop, a large island with waterfall edge and a butler’s pantry for easy entertaining. A thoughtfully designed owners’ suite provides a true retreat with a gracious foyer, midnight bar, walk-in closet and en suite bathroom featuring dual vanities, private water closets, glass enclosed shower and soaking tub. Beyond your residence, enjoy a curated collection of luxury amenities including a resort-style pool deck with hot and cold plunge pools, cabanas and two outdoor kitchens. The owners’ club focuses on wellness and entertainment with a fully equipped fitness center complete with a yoga room and infrared sauna. Two treatments rooms afford plenty of space for your personal massage therapist or a physical therapy session. The social room includes a lounge, bar, game room and catering kitchen. For more intimate gatherings, reserve the private dining room featuring resident wine lockers and a separate bar area. The building’s boutique size—only 27 residences—creates a community feel in the heart of Sarasota’s vibrant Arts District. Walk to acclaimed restaurants, galleries, boutiques, and the Bayfront, embracing a lifestyle that combines culture, convenience, and sophistication. Construction is progressing with limited opportunities to customize your finishes—secure your place at The Edge today and invest in a rare downtown Sarasota address with lasting appeal. Images shown are artist renderings intended to illustrate the interior finishes and design concepts for this community.

Facts & features

The home at a glance

3

Bedrooms

3.5

Bathrooms

3,270

Sqft

0.55 ac

Lot size

2

Garage

2025

Year built

One

Levels

$1,000

Per sqft

City & Park/Greenbelt & Pool & Trees/Woods & Water view

Inside

FlooringPorcelain Tile
AppliancesBuilt-In Oven · Cooktop · Dishwasher · Disposal · Dryer · Electric Water Heater · Exhaust Fan · Indoor Grill · Range Hood · Refrigerator · Washer · Wine Refrigerator
InteriorEating Space In Kitchen · Elevator · High Ceilings · Living Room/Dining Room Combo · Open Floorplan · Primary Bedroom Main Floor · Solid Surface Counters · Split Bedroom · Stone Counters · Walk-In Closet(s) · Wet Bar
LaundryInside · Laundry Room
CoolingCentral Air · Zoned
HeatingCentral · Exhaust Fan · Natural Gas · Zoned

Outside & construction

RoofConcrete · Other
ConstructionBlock · Concrete · Stucco
FoundationSlab
ViewCity · Park/Greenbelt · Pool · Trees/Woods · Water
FacesNorthwest
ParkingAssigned · Guest · Under Building
ExteriorBalcony · Dog Run · Lighting · Sidewalk · Sliding Doors

Community & fees

Taxes (2025)$0/yr
PetsNumber Limit
CommunityDeed Restrictions · Fitness Center · Pool · Sidewalks · Special Community Restrictions · Wheelchair Access

Utilities & systems

UtilitiesBB/HS Internet Available · Cable Available · Electricity Connected · Natural Gas Connected · Public · Sewer Connected · Water Connected
WaterPublic

The numbers

What it really costs

Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.

$19,031 /mo · 10% down Conventional, 30-yr fixed at 6%

Principal & interest$17,645
PMI (est., until 20% equity)$1,226
Property tax — 2025 actual bill$0
Insurance (FL estimate)$160

The assumptions

Loan typeConventionalDown payment10% · $327,000Loan30-yr fixed at 6%Mortgage insuranceIncludedTaxesActual bill on recordInsuranceFlorida estimate

Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.

These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:

Andrew Acosta

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Run your own numbers

Loan type

FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.

Down payment10% · $327,000
Interest rate6.00%
Loan term

Estimated payment

$22,029/mo

Principal & interest$17,645
PMI (est., until 20% equity)$1,226
Est. property taxes$2,998
Est. insurance$160

Includes estimated PMI — it drops off once you reach 20% equity. Estimates only — taxes at 1.1%/yr and typical insurance; your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.

Value check

Is the price right?

The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.

List $3.3M
$1.6MedgeAI estimate $2,419,928 · range $1.7M$2.7M$3.4M

vs edgeAI estimate

+35.1%

$/sqft vs Sarasota actives

$1,000 vs $343

Days on market

414 vs 62 typical

Where $1,000/sqft sits among the 400 Sarasota actives

222
59
36
36 · this home
17
30
$157–381$381–604$604–828$828–1051$1051–1275$1275+

The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.

Where it sits

Inside Five Points

Map of 290 COCOANUT AVENUE UNIT 601 inside its neighborhood boundary

Drive times from this address

Downtown Tampa64 min
Tampa Int’l Airport (TPA)71 min

Estimated driving times, typical traffic. Data © OpenStreetMap contributors.

Get to know Sarasota. See the full Sarasota guide →

Five Points — neighborhood snapshot

Population

1,252

Median age

68

Median income

$78,978

Median home value

$869,264

Avg household

1

Households w/ children

22%

For the school run

Sarasota County School District

HighSarasota High School★★★★★
ElementarySouthside Elementary School★★★★★
MiddleBooker Middle School★★★★

School assignments and ratings via edgeAI — always verify with the district.

The numbers that matter

The Sarasota market

Seller’s marketLeans seller4.6 months of inventoryBuyer’s market

$475K$495K

Sarasota median sold, yr/yr

95.2%

Sale-to-list ratio (12 mo)

161 of 400

Sarasota actives have cut their price

Median sold price, Sarasota, trailing 36 months (3-month rolling) · live MLS data.

This home is listed 287% above the SARASOTA 34236 median. See the full Sarasota market guide →

Paper trail

This home's history

Jun 16, 2025Listed at $3,270,000 · 414 days on market since
2025Built · THE EDGE SARASOTA

Reality check

What actually sold near 290 COCOANUT AVENUE UNIT 601

Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.

948 CITRUS AVENUESold · Jun ’26

$2,950,000

948 CITRUS AVENUE

4 bd · 3.5 ba · 3,266 sqft · $903/sqft · 81 DOM

1504 S ORANGE AVENUESold · Mar ’26

$1,750,000

1504 S ORANGE AVENUE

3 bd · 3 ba · 3,238 sqft · $540/sqft · 3 DOM

430 PHEASANT WAYSold · Jan ’26

$3,717,500

430 PHEASANT WAY

4 bd · 4.5 ba · 3,461 sqft · $1,074/sqft · 165 DOM

Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.

Your home team

The pros in your corner

Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.

Lacie Springstead

Your agent

Lacie Springstead

REALTOR® · CENTURY 21 Edge

Tours, negotiation, and every question about 290 COCOANUT AVENUE UNIT 601 — start here.

Andrew Acosta

Your lender

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Pre-approval, rates, and the real monthly number for 290 COCOANUT AVENUE UNIT 601 — before you fall in love.

See it in person

Schedule a tour

Live availability from Lacie's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.

Straight answers

290 COCOANUT AVENUE UNIT 601 FAQs

What would the monthly payment be for 290 COCOANUT AVENUE UNIT 601?+

With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $19,031/mo — principal and interest, estimated property taxes and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.

What are the property taxes on 290 COCOANUT AVENUE UNIT 601?+

The most recent tax bill on record (2025) was $0. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.

Are pets allowed at 290 COCOANUT AVENUE UNIT 601?+

The listing reports pets: Number Limit. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.

How does the price compare to other homes in Sarasota?+

At $3,270,000, this home is listed about 474% above the Sarasota median of $569,945. The market section on this page shows how the area is trending.

Which schools are assigned to 290 COCOANUT AVENUE UNIT 601?+

Sarasota High School (high), Southside Elementary School (elementary), Booker Middle School (middle) — Sarasota County School District. Always verify school assignments with the district before relying on them.

The brief

Four things that matter here

01Positioned at the premium end

$3,270,000 runs 287% above the SARASOTA 34236 median — but at 3,270 sqft it's also nearly twice the size of the typical Sarasota listing.

02City & Park/Greenbelt & Pool & Trees/Woods & Water views

The city and park/greenbelt and pool and trees/woods and water view is part of what you're buying — views hold value independently of the structure.

03Time on market is leverage

414 days on market against a Sarasota median of 62 — sellers in this position are usually ready to negotiate.

04Strong assigned schools

Sarasota High School, Southside Elementary School, Booker Middle School — Southside Elementary School rates 5 of 5. Always verify assignments with the district.

Listing courtesy of MICHAEL SAUNDERS & COMPANY · Steven Moore. MLS #A4655024.

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 is deemed reliable but is not guaranteed accurate by Stellar MLS.

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