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$250,000

Est. payment - /mo

0.28 Acres Lot

Active

5106 S LOCKWOOD RIDGE RD Sarasota, FL 34231

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Rebecca Redman-Hamaoui

rebecca@bellatraerealty.com +1(407) 922-8986

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Key Details

Property Type Vacant Land

Sub Type Residential

Listing Status Active

Purchase Type For Sale

Subdivision All States Park

MLS Listing ID N6139377

HOA Y/N No

Annual Tax Amount $926

Lot Size 0.280 Acres

Acres 0.28

Lot Dimensions 116x104.98

Property Sub-Type Residential

Source Stellar MLS

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

Lot Size Range 1/4 to less than 1/2

Sewer Public Sewer

Water Public

Schools

Elementary Schools Wilkinson Elementary

Middle Schools Brookside Middle

High Schools Riverview High

Others

Pets Allowed Yes

Ownership Fee Simple

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

Listed by KELLER WILLIAMS ON THE WATER S

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Rebecca Redman-Hamaoui

Broker | BK3340992

+1(407) 922-8986

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5106 S LOCKWOOD RIDGE RD Sarasota, FL 34231

Rebecca Redman-Hamaoui

Key Details

Location

Exterior

Building

Schools

Others

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5106 S LOCKWOOD RIDGE RD