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5106 S Lockwood Ridge Road, 
Sarasota, FL 34231

$319,500


2

Beds


1

Bath


520

Sq Ft


Single Family

Pending

Listed by

Patrick Brogley

Keller Williams On The Water S

Last updated:

May 7, 2025, 07:42 AM

MLS#

N6138685

Source:

MFRMLS

About This Home

5106 S Lockwood Ridge Road

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.

Home Facts

Single Family

1 Bath

2 Bedrooms

Built in 1956

Price Summary

319,500

$614 per Sq. Ft.

MLS #:

N6138685

Last Updated:

May 7, 2025, 07:42 AM

Added:

a month ago


Rooms & Interior

Bedrooms

Total Bedrooms:

2

Bathrooms

Total Bathrooms:

1

Full Bathrooms:

1

Interior

Living Area:

520 Sq. Ft.


Structure

Structure

Building Area:

520 Sq. Ft.

Year Built:

1956


Lot

Lot Size (Sq. Ft):

12,177


Finances & Disclosures

Finances

Price:

$319,500

Price per Sq. Ft:

$614 per Sq. Ft.

MLS Logo
The information being provided by My Florida Regional MLS DBA Stellar MLS. is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the My Florida Regional MLS DBA Stellar MLS.. Keller Williams On The Water S is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Keller Williams On The Water S, a broker participant of My Florida Regional MLS DBA Stellar MLS.. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by My Florida Regional MLS DBA Stellar MLS. and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Properties in listings may have been sold or may no longer be available. Copyright 2025 My Florida Regional MLS DBA Stellar MLS.. All rights reserved.

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