5106 S Lockwood Ridge Rd., Sarasota, FL 34231

5106 S Lockwood Ridge Rd., Sarasota, FL 34231
Photo 1 of 16
$330,000
Beds Baths Sq. Ft. Taxes Built
2 1.00 520 $924 1956
On the market: 174 days

Est. Monthly Payment:

$1,964($1,887 + $77 taxes*)

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View full details, 15 photos, school info, and price history
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.
Listing courtesy of Joey Lamielle, RE/MAX ALLIANCE GROUP