4122 N Lockwood Ridge Road, Sarasota, FL 34234

$1,100,000

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List Price
$1,100,000
Status
Active
Days on Market
557
MLS#
A4636342
Lot Size
87,120
Acres
2
Total Acreage
2 to less than 5
Community Name
Lockwood Meadows
MLS Area Major
Sarasota

Property Description

Multiple possibilities exist for development on this parcel with approximately 2.14 Acres in ideal location, with close proximity to downtown Sarasota, International Airport, and UTC Mall. The property has two existing single, family homes on the site that has the potential to produce over $4000 a month in combined gross rental income. One of the homes boarders on Lockwood Ridge Road with the 2nd home adjacent to the front home, on a side road known as 42nd Street. Past the two homes is a large open space inclusive of the existing homes which boarders the back of Fire Department. This large, open (private) space is wooded with recent flood maps showing a good report for the site. Overall the entire parcel has many options. Such possibilities could be to keep the property as it currently exists, to be used as one large private homesite or divide the property for multiple residences.

Additional Information

Taxes
$6427
Location
Buildable, Curb and Gutters, In County
Community Features
No Deed Restriction
Zoning
RSF2
Utilities
BB/HS Internet Available, Electricity Available, Public, Sewer Connected, Water Connected
Pool
No Pool
Elementary School
Gocio Elementary
Middle School
Booker Middle
High School
Booker High
Flood Zone Code
X
Parcel ID
0029100001
Legal Description
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

Listing courtesy of REALTY ONE GROUP MVP. 800-896-8790

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