5106 S Lockwood Ridge Road, SARASOTA, FL

$240,000

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2

Beds

1

Bath

520

Square feet

0.28

Acres

About 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. Offered for land value only, the property’s existing 520-square-foot structure holds no contributory value and is ready to be replaced with a brand-new build. This prime location offers the perfect canvas for creating a modern single-family home, with the added option to include an accessory dwelling unit (ADU) of up to 750 square feet—ideal for extra income or multigenerational living. The generous lot size and strategic position allow for flexibility in design and layout, making it an ideal foundation for high-quality new construction that will appeal to today’s buyers. Located directly across from Red Bug Slough Preserve, the property offers a unique blend of urban convenience and natural beauty, with walking trails, dog paths, a tranquil lake, fishing piers, and picnic pavilions just steps away. The surrounding area is rich with amenities, including parks, schools, shopping, and dining, 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 buildable lots remains strong. This is a rare opportunity to secure valuable land and bring an exceptional new residential project to life in one of Florida’s most vibrant markets.

Features of 5106 S Lockwood Ridge Road

MLS® # N6138685
Price $240,000
Bedrooms 2
Bathrooms 1.00
Full Baths 1
Square Footage 520
Acres 0.28
Year Built 1956
Type Residential
Sub-Type Single Family Residence
Status Active
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Listing Details

OfficeKELLER WILLIAMS ON THE WATER S

Listing Map

Neighborhood Information for 5106 S Lockwood Ridge Road

Stable Population, Moderate Residential Turnover, Coastal Area

Weather

Highs


January 74.90℉
July 93.00℉

Lows


January 71.30℉
July 71.30℉
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Precipitation


58.91

Statistics

Number of Listings

Population Age

Home Listings Prices

Nearby Schools

Great Schools School Name Distance  
Great School

Suncoast Polytechnical High School

Public - 9Th Grade to 12Th Grade - Closest High School
1 Miles
Great School

Suncoast Technical College

Public - to
1 Miles
Great School

Sarasota Virtual Academy (Virtual Franchise)

Public - 9Th Grade to - Closest Middle School
1 Miles
Great School

Riverview High School

Public - 9Th Grade to 12Th Grade
1 Miles
Great School

Wilkinson Elementary School

Public - Preschool to 5Th Grade - Closest Elementry School
1 Miles
Great School

Triad

Public - 6Th Grade to 12Th Grade
1 Miles
Great School

Gulf Gate Elementary School

Public - Preschool to 5Th Grade
1 Miles

School data provided by GreatSchools

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