4122 N Lockwood Ridge ROAD, Sarasota, FL 34234

$945,000 Asking Price

5 beds
2 baths
1,589  sqft
Built in 1949

Opportunity Awaits - 2+/- Acre parcel with two separate, residential, income producing homes currently on site. The potential exists to use the land for development of multiple residences for resale, rental income, vacation rentals, a grand estate, a family compound to build several homes or ideal for 1031 Exchange to hold for future appreciation and potential. Excellent location with close proximity to downtown Sarasota, UTC Mall, SRQ International Airport with less than 20-30 minutes to the beaches. To define the location, the two existing homes currently are located at the corner of Lockwood Ridge and 42nd St., From 42nd Street the property runs contiguous behind the residences on 42nd Street and borders the back of NE County Fire Station, which is defined as a large wooded field with mature landscaping.


Features & Amenities

Interior

General:
Ninguno
Appliances:
None
Flooring:
Carpet
A/C:
true, Central Air
Heating:
true, Electric
Fireplace:
Fireplace

Exterior

General:
Other

Construction

Roofing:
Metal
General:
Block, Concrete, One, Slab

Location

Road/Access:
Asphalt
Originating MLS:
Stellar MLS
County:
Sarasota

Lot

Zoning:
RSF2, BEG NW COR OF SW 1/4 OF NE 1/4 SEC 9 TH E 294 FT TH S 100 FT TH E 300 FT TH S 149 FT TH W 419 FT TH N 120 FT TH W 175 FT TH N 129 FT TO POB LESS W 50 FT FOR RD R/W, 0029100001

Utilities

Utilities:
Electricity Available
Water:
Public
Sewer:
Public Sewer

Financial

Source:
Stellar MLS

This listing courtesy of:
REALTY ONE GROUP SKYLINE, Troy Funk

About Sarasota, FL

Housing

Number of Units
152,825
Median Home Value
$341,369
Median Rent
$1,292

27.49% of housing units are renter occupied.

18.88% are vacant.

Commute

Car
66.43%
Public Transportation
0.60%
Walk to Work
0.72%
Work from Home
31.09%
Other
0.55%

The median travel time to work is 16 minutes.

People

Population
264,751
Median Age
51.20
Median Household Size
2.39

Education

High School
26.25%
Associate’s Degree
8.64%
Bachelor’s Degree
22.70%
Graduate Degree
17.31%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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