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Marcus E Smith PA

marcus@marcusesmith.com +1(407) 342-3214

$ 1,100,000

Est. payment -/mo

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Active

4122 N LOCKWOOD RIDGE RD Sarasota, FL 34234

2 Acres Lot

UPDATED:

Key Details

Property Type Multi-Family, Multi Unit, Duplex/Multi Unit Lot

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID A4636342

HOA Y/N No

Annual Tax Amount $6,427

Lot Size 2.000 Acres

Acres 2.0

Lot Dimensions 541x257

Property Sub-Type Multi Family

Source Stellar MLS

Property Description

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.

Location

State FL

County Sarasota

Area 34234 - Sarasota

Zoning RSF2

Exterior

Utilities Available BB/HS Internet Available, Electricity Available, Public, Sewer Connected, Water Connected

View Y/N No

Water Access No

Exposure West

Building

Lot Description Buildable, Curb and Gutters, In County

Lot Size Range 2 to less than 5

Sewer Public Sewer

Water Public

Schools

Elementary Schools Gocio Elementary

Middle Schools Booker Middle

High Schools Booker High

Others

Ownership Fee Simple

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/A4636342

Listed by Troy Funk REALTY ONE GROUP MVP

NEARBY SCHOOL & BUSINESS

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