Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
Coconut Palm Capital Investors II, Ltd.
  2. Issuer Name and Ticker or Trading Symbol
SUNAIR SERVICES CORP [SNR]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director __X__ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last)
(First)
(Middle)
595 SOUTH FEDERAL HIGHWAY, SUITE 600, 
3. Date of Earliest Transaction (Month/Day/Year)
10/17/2008
(Street)

BOCA RATON, FL 33432
4. If Amendment, Date Original Filed(Month/Day/Year)
6. Individual or Joint/Group Filing(Check Applicable Line)
___ Form filed by One Reporting Person
_X_ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 10/17/2008   J(1)   139,400 D (2) 71,000 D (3)  

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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(Month/Day/Year)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Warrants (right to buy) $ 7 10/17/2008   J(1)     69,700 02/08/2005 02/08/2010 Common Stock 69,700 (2) 2,568,834 D (3)  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
Coconut Palm Capital Investors II, Ltd.
595 SOUTH FEDERAL HIGHWAY, SUITE 600
BOCA RATON, FL 33432
    X    
Coconut Palm Capital Investors II, Inc.
C/O COCONUT PALM CAPITAL INVESTORS II
595 SOUTH FEDERAL HIGHWAY, SUITE 600
BOCA RATON, FL 33432
    X    
ROCHON RICHARD C
C/O COCONUT PALM CAPITAL INVESTORS II
595 SOUTH FEDERAL HIGHWAY, SUITE 600
BOCA RATON, FL 33432
  X   X    
Ferrari Mario
C/O COCONUT PALM CAPITAL INVESTORS II
595 SOUTH FEDERAL HIGHWAY, SUITE 600
BOCA RATON, FL 33432
  X   X    

Signatures

 /s/ Richard C. Rochon, President of Coconut Palm Capital Investors II, Inc., the General Partner of the Designated Filer   11/20/2008
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) The reported securities were distributed to a limited partner of Coconut Palm Capital Investors II, Ltd. upon the redemption of his limited partnership interest.
(2) The limited partner paid an aggregate of $250 to Coconut Palm Capital Investors II, Ltd. for the redemption of his limited partnership interest.
(3) Coconut Palm Capital Investors II, Ltd. is the direct owner of the reported securities. Coconut Palm Capital Investors II, Inc., Richard C. Rochon and Mario Ferrari are indirect owners of the reported securities. Each of Messrs. Rochon and Ferrari disclaims beneficial ownership of these securities except to the extent of their respective pecuniary interests therein, and this report shall not be deemed an admission that either of Messrs. Rochon and Ferrari are the beneficial owners of such securities for purposes of Section 16.
 
Remarks:
Exhibit List: Exhibit 99 - Joint Filer Information

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