#A4641401, Marcia McLaughlin, Listing Office: RE/MAX ALLIANCE GROUP
3042 Lockwood Ter Sarasota, FL 34231
Property details
About 3042 Lockwood Ter
Charming Gulf Gate Gem! Move-In Ready, Renovated 2-Bedroom, 2-Bathroom home plus 37 x 16 bonus flex space in the highly sought-after Gulf Gate neighborhood – Only Minutes from the World-Famous #1 Beach in America, Siesta Key! Welcome to this meticulously maintained, renovated single-family home located on a quiet street in the heart of Gulf Gate. This one-story oasis offers 2 bedrooms, 2 full bathrooms, and a fully updated kitchen featuring stainless-steel appliances, modern countertops, and stylish fixtures. The laundry room and pantry are located right off the kitchen, adding extra convenience to everyday living. The bright and airy family room, with a built-in electric fireplace, is the perfect place to relax and entertain. A cozy space off the kitchen offers an area ideal for relaxing after a glorious day at the beach. The large second living space in the rear of the home offers versatility, whether you envision it as a dining area, office, or additional living space. Large plank, wood-inspired tile floors flow throughout the entire home creating a cohesive and inviting environment. Crown molding adds a lovely touch of sophistication. Step outside to a massive patio with elegant pavers, seamlessly connected to a beautifully landscaped yard. This outdoor area is ready for your personal touch—whether you envision a pool, lanai, or expanded outdoor living space. The absolute coolest feature of this home is the MASSIVE, FULLY PERMITTED flex space in the rear of the home! The 37 x 16 attached space is drywalled and equipped with A/C & electrical. The possibilities for this room are endless—perfect for a home gym, workshop, studio, home office, pool house or guest suite. It won’t take much to finish off the space! Gulf Gate is known for its large, flat lots, giving owners ample room to grow, with potential for future home additions and amazing outdoor spaces. Convenience is key with this property’s central location. Endless shopping options, including Publix, Costco, highly rated local restaurants, and more are just minutes away. Whether you’re heading out for a day on Siesta Key’s powdered sugar sands, exploring downtown Sarasota, St. Armands Circle, and beyond, every destination is extremely convenient. The shops and restaurants in Gulf Gate are a quick walk or bike ride from your front door! This home has been beautifully cared for and offers a rare opportunity to own a renovated gem in one of Sarasota’s most desirable neighborhoods. If you are looking for an investment property, this home offers tremendous opportunities for rental income. The roof was replaced, and the interior re-piped in 2009. An ADT alarm system and several newer hurricane windows give you peace of mind. Buyers, this is a great time to make a purchase in a highly desirable area of Sarasota!
Highlights
(Pending)
Summary
- MLS Number: A4641991
- MLS Name: MFRMLS
- Office Name: COLDWELL BANKER SARASOTA CENT.
- Office Phone: (941) 487-5600
- Listing Agent: Mary Ann Keenan
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Last updated on: 4/8/2025, 11:49:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$389,000
3042 Lockwood Ter
$4,619
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $136,026 | $1,608 |
2022 | $132,064 | $1,584 |
2021 | $124,625 | $1,584 |
2020 | $122,904 | $1,527 |
2019 | $120,141 | $1,442 |
2018 | $117,901 | $1,397 |
2017 | $115,476 | $1,388 |
History based on county public records data.
Nearby schools
7
Gulf Gate Elementary School
Public District PK-5
0.5 mi
•6500 S Lockwood Ridge Rd
5
Wilkinson Elementary School
Public District PK-5
2.4 mi
•3400 Wilkinson Rd
8
Phillippi Shores Elementary School
Public Magnet PK-5
2.6 mi
•4747 S Tamiami Trl
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $40,283. The most common annual income of people living in Sarasota, FL is less than $<35k. The most common type of family is single, no kids. The most common level of education of people living in this area is post secondary degree.
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Frequently asked questions
Living in Sarasota, FL
About 3042 Lockwood Ter
This home is located at 3042 Lockwood Ter in Sarasota, FL and zip code 34231. This 1,390 square foot home, which was built in 1965, sits on a 0.21 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 4, 2025 and is currently priced at $389,000.
Sarasota, FL housing market in March 2025 saw over 33 listings sold above listed price, more than 73 sold at listed price and over 387 sold below. The number of homes for sale in Sarasota, FL increased by 8.2% between February and March 2025. In March 2025, listings were on the market for 61 days. During the same period, the median list price in this real estate market was $505,057.