Hang on a second...
USDAProperties.com is almost done...

 

 

 

$330,000   Price Analysis
USDAProperties Agent Contact Page  Agent Details  share icon     map icon  QR
5106 S Lockwood Ridge Rd
Sarasota, 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

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, 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

Bedrooms: 2
Primary Bedroom Level: First
Bedroom 2 Level: First

Total Rooms: 4
Living Room Level: First

Total Bathrooms: 1
Full Bathrooms: 1

Ceiling Fans(s)
Flooring: Laminate

Range
Refrigerator

Cooling Features: Wall/Window Unit(s)
Heating Features: Wall Units / Window Unit

Kitchen Level: First

Storage
Road Surface Type: Paved

Additional Parcels Description: 0087110001
Additional Parcels: Yes
Lot Size Acres: 0.28
Number of Lots: 2
Lot Size Square Feet: 12177

Calculated Total Monthly Association Fees: 0

Lease Term: Minimum Lease: 1 Month

Annual Tax Amount: 923.79
Source Listing Status: Active
County: Sarasota
Directions: Headed west on Clark Rd turn right on S Lockwood Ridge and the home is located on the corner of Grafton St
Tax Year: 2023
Ownership: Fee Simple
Source Property Type: Residential
Area: 34231 - Sarasota/Gulf Gate Branch
Source Neighborhood: ALL STATES PARK
Parcel Number: 0087110001
Postal Code Plus 4: 7428
Subdivision: ALL STATES PARK
Township: 37S
Zoning: RSF3
Property Subtype: Single Family Residence
Source System Name: C2C

YearAssessments
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

Listed 2024-07-03
$330,000
StellarMLS

Total Square Feet Living: 520
Year Built: 1956
Building Area Source: Public Records
Building Area Total: 520
Construction Materials: Wood Frame
Direction Faces: East
Foundation Details: Crawlspace
Levels: One
Property Age: 68
Roof: Shingle
Levels or Stories: 1
Building Total Stories: 1

Sewer: Public Sewer
Public
Water Source: Public

Wilkinson Elementary School is a public elementary school located approximately 0.9 miles away.
directions icon Map directions

Riverview High School is a public high school located approximately 0.9 miles away.
directions icon Map directions

Brookside Middle School is a public middle school located approximately 1.9 miles away.
directions icon Map directions

Incarnation Catholic School is a private elementary and middle school located approximately 1.5 miles away.
directions icon Map directions

Click Thumbnail Images To View Full Size
garagehouse_viewyardyardhouse_view
house_viewunknownhouse_viewhouse_viewkitchen
kitchenbathroombedroombedroomliving_room
living_room

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.