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.
Single-familyProperty Type
1966Year Built
0.46 acresLot Size
$553Est. Price/Sq.Ft.
2 car garageParking
Listed by Beverly St Hilaire• MICHAEL SAUNDERS & COMPANY
Listed by Tak Konstantinou• MICHAEL SAUNDERS & COMPANY
Nestled in the secluded Cocoanut Bayou neighborhood on North Siesta Key, this nearly half-acre lushly landscaped wooded property offers an array of possibilities for enjoying a tranquil island lifestyle. An Old Florida-style 2-bedroom, 3.5-bath cottage with a circular driveway currently sits on the 19,888-square foot lot, offering you an opportunity to start fresh and build your island dream home. Cocoanut Bayou is a community of about 50 homes ranging from magnificent waterfront estates to beach bungalows dating back to the 1950s and 60s. For an annual fee this property is eligible to join the Coconut Bayou Association, granting private beach access and is a short stroll to Out-of-Door Academy, less than a mile from charming Siesta Village, 2 miles from world-renowned Siesta Beach and 5 miles from vibrant downtown Sarasota’s dining, shopping and cultural arts scene.
Public Records
Jan 10, 1994
Sold
$164,000
$76/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$10,740 (−7.4%)
$671,500 + $187,900
$859,400
2024
$11,600 (+209.4%)
$724,100 + $209,100
$933,200
2023
$3,749 (+2.3%)
2022
$3,665 (+0.3%)
2021
$3,655
2020
$3,656 (+3.6%)
2019
$3,530 (+2.4%)
2018
$3,446 (+0.5%)
2017
$3,430 (+1.5%)
2016
$3,378 (−1.7%)
2015
$3,435 (+0.4%)
2014
$3,422
2013
$3,419 (+2.6%)
2012
$3,332
Tax history for 651 Mangrove Point Rd
Year
Property tax
Land + Additions
Assessment*
2025
$10,740 (−7.4%)
$671,500 + $187,900
$859,400
2024
$11,600 (+209.4%)
$724,100 + $209,100
$933,200
2023
$3,749 (+2.3%)
2022
$3,665 (+0.3%)
2021
$3,655
2020
$3,656 (+3.6%)
2019
$3,530 (+2.4%)
2018
$3,446 (+0.5%)
2017
$3,430 (+1.5%)
2016
$3,378 (−1.7%)
2015
$3,435 (+0.4%)
2014
$3,422
2013
$3,419 (+2.6%)
2012
$3,332
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
2
Baths
2
Stories
2
Lot width
—
Lot depth
—
Lot size
0.46 Acres
Year renovated
1996
Sq. Ft.
2,167
Year built
1966
Style
Single Family Residential
County
Sarasota County
APN
0079070024
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 10, 2026.
RSF-1
SKOD
Residential Single-Family District
The RSF Districts permit single-family residential densities, which may take the form of single-family detached or cluster subdivisions; Cluster subdivisions may include lot line, traditional, patio, villa, atrium, duplex, or townhouse units. The nature of the use of property is the same in all RSF Districts, with variation among the RSF-1, RSF-2, RSF-3 and RSF-4 Districts in the requirements for density, lot area and width, and yards; A limited number of nonresidential uses are allowed, subject to the restrictions and requirements necessary to preserve and protect the single-family residential character of the neighborhood; The RSF Districts are generally used to implement the Comprehensive Plan within those areas shown as Low Density, Moderate Density and Medium Density Residential on the Future Land Use Map and on the Barrier Islands where the application of the district would not increase the density of development or hamper hurricane evacuation planning and disaster mitigation efforts. Locations on the Barrier Islands that have existing RSF zoning are acknowledged, and are considered to be consistent with the Future Land Use Map. The RSF-4 District is also used to implement the Comprehensive Plan in the areas shown as Office/Multifamily Residential Area and Corridor on the Future Land Use; The RSF-4 District, while not a primary implementing district, may also be allowed in Regional, Community, Village I, Village II, and Neighborhood Commercial Centers. Appropriate densities within the Low; Moderate or Medium Density Residential areas shall be guided by the density ranges as outlined in Future Land Use Policy 1.1.1, Objective 2.3, and Policy 2.3.1 of the Comprehensive Plan; These densities shall also be determined, in part, by the land use designations and developed residential areas surrounding the parcel.