4122 N LOCKWOOD RIDGE RD, SARASOTA, FL, 34234
$1,100,000
Land
Lot Size
87,120 Sqft
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 Details
Property Features Property Features
MLS ID: MFRA4636342 Year Built:
Country: US County Or Parish: Sarasota
Current Use: Multi Family Direction Faces: West
Listing Agreement: Exclusive Right To Sell Lot Features: Buildable, Curb and Gutters, In County
Other Structures: Other Property Type: Land
Road Frontage Type: Access Road, County Road Road Surface Type: Asphalt, Gravel
Sewer: Public Sewer Showing Requirements: Call Listing Agent
Special Listing Conditions: None Standard Status: Active
State Or Province: FL Utilities: BB/HS Internet Available, Electricity Available, Public, Sewer Connected, Water Connected
Vegetation: Mature Landscaping, Wooded Water Source: Public
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