tomo logo

$330,000

Beds
2
Baths
1.0
sq ft
520

5106 S Lockwood Ridge Rd, Sarasota, FL 34231

5106 S Lockwood Ridge Rd

SARASOTA, FL 34231

  • 94 days on market
Buildable lots ready for 2 new homes. This exceptional 12,177 SqFt corner lot offers an unparalleled opportunity to build 2 homes in the heart of Sarasota. Positioned directly across from the scenic Red Bug Slough Preserve, this property is ideal for a visionary builder looking to capitalize on its prime location and development potential. Key Features: Lot Size: 12,177 SqFt (117ft x 106ft) Development Potential: Can be divided into two separate lots Location: Prime corner lot in a sought-after Sarasota neighborhood Proximity: Directly across the street from the picturesque Red Bug Slough Preserve Existing Structure: Home built in the 1950s, currently a teardown Why This Property? Perfect for New Construction: The expansive lot size and the potential to split into two separate parcels provide ample space for building two brand-new homes, maximizing your investment return. Desirable Location: Nestled in a vibrant community with easy access to local amenities, parks, schools, and shopping centers. The proximity to Red Bug Slough Preserve offers future homeowners stunning views and recreational opportunities right at their doorstep. High Demand Area: Sarasota is known for its beautiful landscapes, thriving cultural scene, and high quality of life. New homes in this area are in high demand, ensuring a quick turnaround on your investment. Don’t miss out on this rare opportunity to develop in one of Sarasota’s most coveted locations. Whether you’re looking to build 2 custom homes or attractive spec properties, this lot offers endless possibilities.

Details

Property type

Single Family Residence

Lot size

0.28 acres

Price per sq ft

$635

Year built

1956

Annual property taxes

$923.79

Price History

09/05/2024
StellarMLS

StellarMLS #A4615934

Listed
$330,000
09/05/2024
StellarMLS

StellarMLS #A4615934

Pending
$330,000
07/03/2024
StellarMLS

StellarMLS #A4615934

Listed
$330,000

Schools & Community

Neighborhood: 

Ridge Wood Heights

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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Status: Active

Tomo last checked: 10/04/2024 at 8:10 PM

Listing updated: 09/05/2024 at 3:26 PM

Listed by: Joey Lamielle, RE/MAX ALLIANCE GROUP Phone #: (941) 954-5454

MLS: StellarMLS #A4615934

StellarMLS logo

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