5106 S Lockwood Ridge Rd, Sarasota, FL 34231
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Home 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. With zoning that allows the property to be divided into two separate, buildable lots, this double parcel is ideally positioned for new residential construction.
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.
Located directly across from Red Bug Slough Preserve, the property offers 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.
- Elementary School: Wilkinson Elementary
- Middle School: Brookside Middle
- High School: Riverview High
- Interior Features: Ceiling Fans(s)
- Appliances: Other
- Floor Covering: Laminate
- Primary Bathroom Features: Makeup/Vanity Space,Single Vanity,Tub With Shower
- Living Room Features: Ceiling Fan(s)
- Exterior Features: Storage
- Exterior Contruction: Metal Siding
- Foundation: Slab
- Front Exposure: East
- Roof: Shingle
- Building Sqft: 520
Approximate Room Sizes / Descriptions
| Primary Bathroom | | First | |
| Kitchen | | First | |
| Living Room | | First | Laminate |
| Bedroom 2 | | First | |
| Primary Bedroom | | First | |
- Garage: False
- Garage Spaces: 0
- Carport: False
- Carport Spaces: 0
- Air Conditioning: Wall/Window Unit(s)
- Heating: Ductless
- Utilities: Public
- Lot Sqft: 12177.00
- Lot Acres: 0.2800
- Total Acre: 1/4 to less than 1/2
- Lot Num: 23
- Style: Single Family Residence
Neighborhood
The average asking price of a 2 bedroom Sarasota home in this zip code is
$454,288 (42.2% more than this home).
This home is priced at $614/sqft,
which is 41.6% less than similar homes
in the 34231 zip code.
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Financial
- Approx Payment:$1,554*
- Taxes:$926
Area Stats
These statistics are updated daily from the My Florida Regional MLS. For further analysis or
to obtain statistics not shown below please call EasyStreet Realty at
(813) 335-0328 and speak with one of our real estate consultants.
Popular Homes
$3,815,233
$2,995,000
79
0.0%
45.6%
111
$743,731
$599,000
1693
0.6%
58.1%
91
$3,501,363
$2,997,000
30
0.0%
56.7%
138
$1,442,520
$1,497,000
20
0.0%
45.0%
90
$569,456
$509,950
56
1.8%
62.5%
71
$680,007
$474,450
632
0.9%
62.0%
111
$2,839,582
$1,850,000
133
0.0%
52.6%
99
$952,932
$695,000
455
0.0%
68.6%
111
$3,972,789
$2,398,250
138
0.7%
53.6%
127
$1,797,462
$1,200,000
37
0.0%
51.4%
119
$1,078,468
$599,000
411
0.2%
68.6%
121
$380,822
$359,900
1123
1.1%
61.6%
126
$1,640,774
$999,500
88
1.1%
51.1%
106
$560,425
$408,000
433
0.9%
65.6%
85
$510,253
$444,000
985
0.8%
61.2%
94
$1,524,181
$1,072,500
16
6.2%
62.5%
102
$588,116
$499,000
1091
0.5%
66.3%
111
Listing Courtesy of KELLER WILLIAMS ON THE WATER S.
5106 S Lockwood Ridge Rd, Sarasota FL is a single family home of 520 sqft and
is currently priced at $319,500
.
This single family home has 2 bedrooms.
A comparable home for sale at 7795 Wright Ave in Sarasota is listed at $399,999.
In addition to single family homes, EasyStreet also makes it easy to find Homes, Condos, New Homes and Foreclosures
in Sarasota, FL.
Dixie Heights, Baywood Colony and Gulf Gate Manor are nearby neighborhoods.
MLS N6138685 has been posted on this site since 5/1/2025 (today).
2025
5/29/2025.