$250,000

5106 S LOCKWOOD RIDGE ROAD, Sarasota, FL 34231

  • Property Icon Land
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon0.28acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 9 days ago

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.

Listing Status:
Active
Date Added:
June 20, 2025 at 05:00AM
Listing Office:
KELLER WILLIAMS ON THE WATER S : 941-803-7522
Listing Agent:
Patrick Brogley : 941-361-9031
MLS ID:
N6139377
  • Road/Access: Asphalt
  • Originating MLS: Stellar MLS
  • County: Sarasota

This listing courtesy of Patrick Brogley, KELLER WILLIAMS ON THE WATER S

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

W

Wilkinson Elementary School

3400 Wilkinson Rd, Sarasota, FL, 34231

Grades PK-5

0.84 miles away

S

Sarasota Virtual Academy (Virtual Franchise)

4748 Beneva Rd, Sarasota, FL, 34233

Grades KG-12

0.67 miles away

R

Riverview High School

1 Ram Way, Sarasota, FL, 34231

Grades 9-12

0.89 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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