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Listed price in listed location currency (USD).
$240,000

210

MLS® N6138685

  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 520 sqft
Garage No
Taxes $926
Days Active 259
Lot Size 0.28 acres
Approx. Age 1956
Avg. Price Per Sqft $461
MLS® Number N6138685

Property Address: 5106 S Lockwood Ridge Rd, SARASOTA, FL, 34231-7428

Average square foot calculated using Size range provided by listing agent.

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.
MLS® NumberN6138685
Laundry LevelOther
Central VacNo
FireplaceNo
Acreage0.28
Exterior
GarageNo
Approx. Age1956
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Rooms

Bedroom 2:First FloorNot available
Other:First FloorNot available
Living Room:First FloorNot available
Other:First FloorNot available
Kitchen:First FloorNot available

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

May 1, 2025List Date
$240,000List Price

Home Estimate Zoopraisal®

This property is estimated to sell between: $240,000 and $412,000.
Similar properties in this area sold on average for: $354,107
Expected to sell very soon! Similar properties sold in 71 days. This home has been on Zoocasa for 259 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

  • Commute

Commute

Starting Address
Destination Address
5106 S Lockwood Ridge Rd, SARASOTA, FL

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