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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.
Property Highlights
Property Type: Land - Multiple
Lot Size: 2.00 Acres
Taxes: $6,427
General Information
County: Sarasota
High School: Booker High
Subdivision: Lockwood Meadows
Listed By:
Troy Funk
REALTY ONE GROUP SUNSHINE
727-293-5100
MLS ID: A4636342
Property Features
Days on Site: 411
Directions: On the corner of Lockwood Ridge Road and 42nd Street. 42nd Street is a gravel road and the subject property is immediately to the right of this (South West) intersection, with two single family homes adjacent to one another (part of this property) and th
Flood Zone Code: X
Home Warranty Y/N: No
Lot: Buildable, Curb and Gutters, In County
Lot Dimensions: 2
Other Structures: Other
Ownership: Fee Simple
Property Attached Y/N: No
Sewer: Public Sewer
Showing Instructions: Call Listing Agent
Special Sale Provisions: None
Utilities: BB/HS Internet Available, Electricity Available, Public, Sewer Connected, Water Connected
Vegetation: Mature Landscaping, Wooded
Water: Public
Water Access Y/N: No
Zoning: RSF2
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4122 N Lockwood Ridge Road, Sarasota, FL 34234.
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Estimated Payment
$ 4,566.53 per month $3,710.12 Principal & Interest $535.58 Property Tax $320.83 Homeowner's InsuranceChange Payment Information
About this area
About Sarasota
Sarasota, FL is a cultural gem. Once home to the Ringling Brothers Circus, Sarasota boasts a rich arts scene that brings people from all over the area to enjoy world-class theater, music, and other performing arts. Sarasota is also a haven with spectacular scenery, turquoise water and white sandy beaches. It offers a delightful downtown with a variety of small boutiques and exceptional restaurants. With its dynamic culture and arts scene and incredible natural beauty, Sarasota is a wonderful place to call “home.”
Learn More About Living in Sarasota, Florida
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