$250,000

5106 S LOCKWOOD RIDGE ROAD, Sarasota, FL 34231

  • 2 beds |
  • 1 bath |
  • 520 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1956
  • Property Lot Size Icon0.28acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $481/sqft
  • Property List Date Icon Listed 4 months ago

Property Description

Situated in the heart of Sarasota, this exceptional 12,177-square-foot corner lot presents a rare and highly valuable opportunity for investors, developers, and builders. Offered for land value only, the property’s existing 520-square-foot structure holds no contributory value and is ready to be replaced with a brand-new build. This prime location offers the perfect canvas for creating a modern single-family home, with the added option to include an accessory dwelling unit (ADU) of up to 750 square feet—ideal for extra income or multigenerational living. The generous lot size and strategic position allow for flexibility in design and layout, making it an ideal foundation for high-quality new construction that will appeal to today’s buyers. Located directly across from Red Bug Slough Preserve, the property offers a unique blend of urban convenience and natural beauty, with walking trails, dog paths, a tranquil lake, fishing piers, and picnic pavilions just steps away. The surrounding area is rich with amenities, including parks, schools, shopping, and dining, 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 buildable lots remains strong. This is a rare opportunity to secure valuable land and bring an exceptional new residential project to life in one of Florida’s most vibrant markets.

Listing Status:
Active
Date Added:
May 1, 2025 at 05:00AM
Listing Office:
KELLER WILLIAMS ON THE WATER S : 941-803-7522
Listing Agent:
Patrick Brogley : 941-361-9031
MLS ID:
N6138685
  • General: Ceiling Fan(s)
  • Appliances: Other
  • Laundry: Other
  • Flooring: Laminate
  • A/C: Wall/Window Unit(s)
  • Heating: Wall Units / Window Unit

This listing courtesy of Patrick Brogley, KELLER WILLIAMS ON THE WATER S

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

W

Wilkinson Elementary School

3400 Wilkinson Rd, Sarasota, FL, 34231

Grades PK-5

0.84 miles away

S

Sarasota Virtual Academy (Virtual Franchise)

4748 Beneva Rd, Sarasota, FL, 34233

Grades KG-12

0.67 miles away

R

Riverview High School

1 Ram Way, Sarasota, FL, 34231

Grades 9-12

0.89 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.