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    5106 S Lockwood Ridge Rd Sarasota, FL 34231

    For Sale
    $240,000

    Land - SARASOTA, FL

    Lot size:
    0.28 Acres
    Days on Market:
    50
    Last Refresh:
    Dec 10 at 12:06 am

    Property Features for 5106 S Lockwood Ridge Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    RSF3
    APN
    0087110001
    Pets allowed
    Yes
    Lot size
    0.28 Acres

    Building Details

    Architectural style
    Other

    Keller Williams on the Water Sarasota (941) 803-7522 [email protected]

    Listing agent Patrick Brogley (941) 803-7522 License #3360491

    Listing date Oct 22, 2025

    MLS# N6139377 Listing URL

    Copyright © 2025 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Sarasota Corner Lot Development Opportunity

    Located in Sarasota, this 12,177 square foot corner lot offers an opportunity for investors, developers, and builders. The property is located in a desirable and fast-growing area. While there is an existing 520-square-foot structure on the property, the value is in the land and its development potential. The size and location allow flexibility in design and layout for new builds that will appeal to buyers seeking modern homes. In addition to building a single-family home, the buyer can also create an accessory dwelling unit (ADU) of up to 750 square feet. Located directly across from Red Bug Slough Preserve, the property offers access to walking trails, dog paths, a lake, fishing piers, and picnic pavilions. The surrounding area includes parks, schools, shopping centers, and dining options. Siesta Key Beach is a 10-minute drive away. This property represents a chance to build and capitalize on demand in Florida’s market.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Sarasota
    County
    Manatee
    State
    Florida
    Longitude
    -82.506087
    Latitude
    27.278692

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    FAQs

    What type of property is this?
    Land - Prime 12,177 sq ft corner lot in desirable Sarasota location.
    Where is this land located?
    The property is located at 5106 S Lockwood Ridge Rd Sarasota, FL.
    What is the asking price?
    The asking price for this property is $240,000.
    What are key features of this property?
    This property features: - Large 12,177 sq ft corner lot in a desirable, fast-growing Sarasota location, ideal for new home development.; - Significant investment upside due to strong demand for well-located residential properties in Sarasota.; - Potential to build an accessory dwelling unit (ADU) of up to 750 sq ft for income or multigenerational living.
    (941) 803-7522
    Request Owner's contact information
    5106 S Lockwood Ridge Rd Sarasota, FL 34231
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    Sarasota, FL 34231
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5106 S Lockwood Ridge Rd Sarasota, FL 34231
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