This work proposes the synthesis of strontium ferrite by two different methods: sol-gel (SG), using powdered coconut water (PCW) as a precursor, and laser floating zone (LFZ). The SG samples were after treated at temperatures of 700, 1000, and 1200 °C, while the samples obtained by LFZ were grown at pulling rates of 10, 50, and 100 mm/h. All samples studied were subjected to structural characterization techniques, as well as electrical (AC and DC) and magnetic characterization. Through X-ray diffraction, it was possible to observe that all the samples presented strontium ferrites, but none were single phase. The phases detected in XRD were confirmed by Raman spectroscopy. Scanning electron micrography allowed the observation of an increase in grain size with the temperature of SG samples and the reduction of the porosity with the decrease in growth rate for LFZ fibers. Through electrical analysis, it was observed that the most suitable samples for energy storage were the samples grown at 100 mm/h (εr′ = 430,712; εr″ = 11,577; tan δ = 0.84; σac = 0.0006 S/m, at 1 kHz). The remaining samples had high dielectric losses and can be applied in electromagnetic shielding. The SG 700 °C sample presented the highest magnetization (38.5 emu/g at T = 5 K).