Development Parcel Near Downtown
For Sale
$1,100,000
4122 N LOCKWOOD RIDGE ROAD, Sarasota, FL 34234
2.14 acres with development potential near downtown Sarasota.
Property SizeContact for details
Lot Size2.00 Acres
Days on Market1013
Property Features for 4122 N LOCKWOOD RIDGE ROAD
General Information
Standard status
Active
Lot size
2.00 Acres
Property subtype
Land or Vacant Lot
Taxes and HOA fees
Annual Taxes
$6,428
Amenities
Pool
Public Pool
Buildable
Curb and Gutters
Listing Agency:
REALTY ONE GROUP SUNSHINE
(727) 293-5100
Listed By:
TROY FUNK · License #0476336
Source:
Corcoran
Added: Nov 21, 2023
Changed: Aug 8
Last Checked: Aug 30 at 8:12PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of REALTY ONE GROUP SUNSHINE
Investment Insights
Based on property information with market context.
This parcel offers multiple development possibilities, encompassing approximately 2.14 acres in an ideal location. It is situated in close proximity to downtown Sarasota, the International Airport, and the UTC Mall. The property currently features two single-family homes, which have the potential to generate over $4000 a month in combined gross rental income. One home borders Lockwood Ridge Road, while the second home is adjacent to the front home on 42nd Street. Beyond the two homes is a large, open, and private space that is wooded and borders the back of a fire department. Recent flood maps indicate a good report for the site. The entire parcel presents various options, including maintaining the property as it currently exists, using it as one large private homesite, or dividing the property for multiple residences.
Key Highlights
- Development potential on 2.14 acres in an ideal location near downtown Sarasota, the International Airport, and UTC Mall.
- Two existing single‑family homes with potential for $4000+ monthly gross rental income.
- Large, private, wooded open space behind the existing homes.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
222
Businesses Nearby
Explore this area
Business Placement
Demographics for 34234, FL
20,858
Population
10,257
Households
2
Avg Household Size
42
Median Age
28%
College-Educated
86%
High-School Grad
6.5 sq mi
ZIP Area
3,209
Density / Sq Mi
$56,607
Median Household Income
$33,536
Median Earnings
$1,352
Median Rent
$222,900
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - 2.14 acres with development potential near downtown Sarasota.
Where is this residential land & home lot located?
The property is located at 4122 N LOCKWOOD RIDGE ROAD Sarasota, FL.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Development potential on 2.14 acres in an ideal location near downtown Sarasota, the International Airport, and UTC Mall.; Two existing single‑family homes with potential for $4000+ monthly gross rental income.; Large, private, wooded open space behind the existing homes.
