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Gelfand Realty Miami Properties for Sale - Other Land for Sale

4122 N LOCKWOOD RDG, SARASOTA, FL 34234

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Other Land - for Sale

4122 N LOCKWOOD RDG, SARASOTA, FL 34234

Asking Price$1,100,000

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  • Days on market:

    230 day(s)
  • Original Price:

    $1,100,000
  • Tax Legal Description:

    BEG NW COR OF SW 1/4 OF NE 1/4 SEC 9 TH E 294 FT TH S 100 FT TH E 300 FT TH S 149 FT TH W 419 FT TH N 120 FT TH W 175 FT TH N 129 FT TO POB LESS W 50 FT FOR RD R/W
  • Tax Year:

    2024
  • Property Type:

    Land
  • Elementary School:

    Gocio Elementary
  • Middle School:

    Booker Middle
  • Senior High School:

    Booker High
  • Special Listing Conditions:

    None
  • Lot Features:

    In CountyBuildable Curb and Gutters

Description

$1,100,000

Multiple possibilities exist for development on this parcel with approximately 2.14 acres in ideal location, with close proximity to downtown sarasota, international airport, and utc mall. the property has two existing single, family homes on the site that has the potential to produce over $4000 a month in combined gross rental income. one of the homes boarders on lockwood ridge road with the 2nd home adjacent to the front home, on a side road known as 42nd street. past the two homes is a large open space inclusive of the existing homes which boarders the back of fire department. this large, open (private) space is wooded with recent flood maps showing a good report for the site. overall the entire parcel has many options. such possibilities could be to keep the property as it currently exists, to be used as one large private homesite or divide the property for multiple residences.

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