$330,000 Price Analysis 5106 S Lockwood Ridge RdSarasota, FL 34231 2 bed 1 bath 520 SqFt ($634/SqFt) 0.28 acre lot. Built 1956 Listed 2024-07-03, Taxes $882 | Ⓧ USDA Ineligible due to location near Sarasota |
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, ths property is ideal for a visionary builder looking to capitalize on its prime location and development potential. Key Features: Lo t 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 Pristine 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 charming 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. Dont miss out on this rare opportunity to develop in one of Sarasotas most coveted locations. Whether youre looking to build 2 custom homes or attractive spec properties, this lot offers limitless possibilities.
Presented by JOSEPH LAMIELLE at
RE/MAX Alliance Group.
Property MLS #A4615934 from StellarMLS
Year | Assessments Building + Land Total | Tax |
---|---|---|
2022 | $unknown + $unknown $57,584 | $882 |
2021 | $unknown + $unknown $55,907 | $914 |
2020 | $unknown + $unknown $55,135 | $900 |
2019 | $unknown + $unknown $53,895 | $857 |
2018 | $unknown + $unknown $52,890 | $658 |
2017 | $unknown + $unknown $51,802 | $636 |
2016 | $unknown + $unknown $50,737 | $638 |
2015 | $unknown + $unknown $50,384 | $651 |
2014 | $unknown + $unknown $49,984 | $650 |
2013 | $unknown + $unknown $49,245 | $645 |
2012 | $unknown + $unknown $48,422 | $644 |
2011 | $unknown + $unknown $47,012 | $620 |
2010 | $unknown + $unknown $46,317 | $638 |
2009 | $unknown + $unknown $45,099 | $626 |
2008 | $unknown + $unknown $45,054 | $638 |
2007 | $unknown + $unknown $43,742 | $624 |
The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.