5106 S LOCKWOOD RIDGE RD Sarasota, FL 34231
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Pending
Purchase Type For Sale
Square Footage 520 sqft
Price per Sqft $614
Subdivision All States Park
MLS Listing ID N6138685
Bedrooms 2
Full Baths 1
HOA Y/N No
Originating Board Stellar MLS
Year Built 1956
Annual Tax Amount $926
Lot Size 0.280 Acres
Acres 0.28
Property Sub-Type Single Family Residence
Property Description
The potential to develop brand-new homes in one of Sarasota's most desirable and fast-growing areas makes this a prime investment with significant upside.
While the existing 520-square-foot structure currently occupies the property, the true value lies in the land and its future development potential. The expansive size and strategic location provide flexibility in design and layout, creating the perfect foundation for high-quality new builds that will appeal to today's buyers seeking modern homes in a well-connected neighborhood.
Located directly across from Red Bug Slough Preserve, the property offers a unique blend of urban convenience and natural beauty. Future homeowners will enjoy immediate access to walking trails, dog paths, a tranquil lake, fishing piers, and picnic pavilions.
The surrounding area is rich with amenities, including parks, schools, shopping centers, and dining options, 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 residential properties remains strong. This property represents a rare chance to build and capitalize on that demand. Whether you're a seasoned investor or a developer seeking your next project, this is a can't-miss opportunity to create something exceptional in one of Florida's most vibrant markets.
Location
State FL
County Sarasota
Community All States Park
Area 34231 - Sarasota/Gulf Gate Branch
Zoning RSF3
Interior
Interior Features Ceiling Fans(s)
Heating Ductless
Cooling Wall/Window Unit(s)
Flooring Laminate
Fireplace false
Appliance Other
Laundry Other
Exterior
Exterior Feature Storage
Utilities Available Public
Roof Type Shingle
Garage false
Private Pool No
Building
Entry Level One
Foundation Slab
Lot Size Range 1/4 to less than 1/2
Sewer Public Sewer
Water Public
Structure Type Metal Siding
New Construction false
Schools
Elementary Schools Wilkinson Elementary
Middle Schools Brookside Middle
High Schools Riverview High
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Special Listing Condition None
