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.
Listed By
Agency Name: REALTY ONE GROUP SUNSHINE
Agency Contact: 727-325-5843
Shown By
Agency Title: Florida Executive Realty - Agent Recruiting
Agency Phone: 813-908-8500
Estimated Payment
$ 3,304.54 per month $2,448.12 Principal & Interest $535.58 Property Tax $320.83 Homeowner's Insurance
4122 N Lockwood Ridge Road | MLS# A4636342
This land located at 4122 N Lockwood Ridge Road, Sarasota, FL 34234 is currently listed for sale with an asking price of $1,100,000. The property has approximately 2.00 Acres. Search Sarasota real estate on www.rebrokertalk.com today.