5106 S LOCKWOOD RIDGE RD Active Save Request In-Person Tour Request Virtual Tour
Sarasota,FL 34231
Key Details
Property Type Vacant Land
Sub Type Residential
Listing Status Active
Purchase Type For Sale
Subdivision All States Park
MLS Listing ID N6139377
Annual Tax Amount $926
Lot Size 0.280 Acres
Property Sub-Type Residential
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. The potential to develop brand-new homes in one of Sarasota's most desirable and fast-growing areas makes this a prime investment with significant upside. While the existing 520-square-foot structure currently occupies the property, the true value lies in the land and its future development potential. The expansive size and strategic location provide flexibility in design and layout, creating the perfect foundation for high-quality new builds that will appeal to today's buyers seeking modern homes in a well-connected neighborhood. In addition to building a brand-new single-family home, the buyer can also create an accessory dwelling unit (ADU) of up to 750 square feet—offering even more potential for income or multigenerational living. Located directly across from Red Bug Slough Preserve, the property offers both creative exposure and a unique blend of urban convenience and natural beauty. Future homeowners will enjoy immediate access to walking trails, dog paths, a tranquil lake, fishing piers, and picnic pavilions. The surrounding area is rich with amenities, including parks, schools, shopping centers, and dining options, 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 residential properties remains strong. This property represents a rare chance to build and capitalize on that demand. Whether you're a seasoned investor or a developer seeking your next project, this is a can't-miss opportunity to create something exceptional in one of Florida's most vibrant markets.
Location
State FL
County Sarasota
Community All States Park
Area 34231 - Sarasota/Gulf Gate Branch
Zoning RSF3
Exterior
Utilities Available Cable Connected,Electricity Available,Sewer Connected,Water Connected
Building
Sewer Public Sewer
Water Public
Schools
Elementary Schools Wilkinson Elementary
Middle Schools Brookside Middle
High Schools Riverview High
Others
Acceptable Financing Cash,Conventional,FHA,VA Loan
Listing Terms Cash,Conventional,FHA,VA Loan
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/stellar/N6139377