5106 S LOCKWOOD RIDGE ROAD at

5106 S LOCKWOOD RIDGE ROAD

For sale Days on market 106

$240,000

$462/sq ft

$79,500
Price Decreased

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Overview

Bedroom

Bath

Year Built

1956

Sqft

520

Property Type

Single Family Residence

Property Description

Situated in the heart of Sarasota, this exceptional 12,177-square-foot corner lot presents a rare and highly valuable opportunity for investors, developers, and builders. Offered for land value only, the property’s existing 520-square-foot structure holds no contributory value and is ready to be replaced with a brand-new build. This prime location offers the perfect canvas for creating a modern single-family home, with the added option to include an accessory dwelling unit (ADU) of up to 750 square feet—ideal for extra income or multigenerational living. The generous lot size and strategic position allow for flexibility in design and layout, making it an ideal foundation for high-quality new construction that will appeal to today’s buyers. Located directly across from Red Bug Slough Preserve, the property offers a unique blend of urban convenience and natural beauty, with walking trails, dog paths, a tranquil lake, fishing piers, and picnic pavilions just steps away. The surrounding area is rich with amenities, including parks, schools, shopping, and dining, while world-famous Siesta Key Beach is just a 10-minute drive away. As Sarasota continues to grow in popularity for its lifestyle, culture, and coastal charm, demand for well-located buildable lots remains strong. This is a rare opportunity to secure valuable land and bring an exceptional new residential project to life in one of Florida’s most vibrant markets.

Property Details

MLS#

N6138685

Address

5106 LOCKWOOD RIDGE S

City

Sarasota

State/county

Zip/Postal Code

34231

Area

All States Park

Country

United States

HOA

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$926

Maint Fee

$--

Tax Year

2024

Other

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