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.
Property Details
- Lot Features
- Buildable, Curb and Gutters, In County
- Lot Description
- Buildable, Curb and Gutters, In County
- Acres
- 2.0
- Property Type
- Purchase
- Sewer Information
- Public Sewer
- Utility Source
- Public
- Utility Features
- BB/HS Internet Available, Electricity Available, Public, Sewer Connected, Water Connected
- Elementary School
- Gocio Elementary
- Middle School
- Booker Middle
- High School
- Booker High
- County
- Sarasota
- Region
- SARASOTA
- Zoning
- RSF2
- Original List Price
- $1,100,000
- Days on Market (Cumulative)
- 1036
- Taxes Annual
- $6,427
- Ownership
- Fee Simple
- MLS #
- A4636342
- Property Subtype
- Land
- Parcel Number
- 0029100001
- MLS #
- A4636342
- Date Listed
- January 16, 2025
- Address
- 4122 LOCKWOOD RIDGE ROAD
Location
Legal
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: George Fleischmann | AveNew Realty
Provided By
Listed by Troy Funk (#MFR281500804)
Listing Office: REALTY ONE GROUP MVP (#MFR281543971)
