$240,000

5106 S Lockwood Ridge Road, Sarasota, FL 34231

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$240,000

(10,000) 10/22/2025

5106 S Lockwood Ridge Road Sarasota, FL 34231

For Sale MLS# N6139377

0.28 Acres Lot/Land

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Data current as of 23/12/2025 01:48:45

Details for 5106 S Lockwood Ridge Road

MLS# N6139377

Description for 5106 S Lockwood Ridge Road, Sarasota, FL, 34231


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 Information


Property Type: Lot/Land, Residential

Status: Active

Lot Size: 0.28 Acres

Subdivision: All States Park

Current Use: Residential,Single Family

County: Sarasota

School Information


Elementary: Wilkinson Elementary

Middle: Brookside Middle

High: Riverview High

Utilities


Water: Public

Sewer: Public Sewer

Other Utilities: Cable Connected,Electricity Available,Sewer Connected,Water Connected

Exterior / Lot Features


Lot Dimensions: 116x104.98

Driving Directions


From Sarasota via S Tamiami Trl: Head south on S Washington Blvd toward Ringling Blvd. Merge onto S Tamiami Trl. Turn left onto Proctor Rd. Turn right onto Camphor Ave. Turn left onto Gypsy St. Turn right onto S Lockwood Ridge Rd. Destination will be on the right.

Financial Considerations


Terms: Cash,Conventional,FHA,VA Loan

Tax/Property ID: 0087110001

Tax Amount: 926

Tax Year: 2024

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Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.

Sales History

Date Price Change
Currently not available.

Tax Summary

Tax Year Estimated Market Value Total Tax
Currently not available.

Data powered by ATTOM Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

Schools nearby 5106 S Lockwood Ridge Road

Schools in attendance boundaries Grades Distance Rating
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Schools nearby Grades Distance Rating
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Data powered by ATTOM Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.

SchoolDigger ® Rating

The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.

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