$4,572 Closing Credit¹
#A4639411, Zita Bowers, Listing Office: MICHAEL SAUNDERS & COMPANY
$389,000 List price
3042 Lockwood Ter Sarasota, FL 34231
$4,619
Closing credit¹
2 beds
2 full
1,390 sqft
0.2 acres
$280 / sqft
House
Property details
About 3042 Lockwood Ter
Under contract-accepting backup offers. 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
Home typeSingle Family Residence
HeatingElectric
StatusSale Pending
(Pending)
(Pending)
CoolingCentral Air, Wall/Window Unit(s)
Size1,390 sqft
Lot size0.21 Acres
Year built1965
ParkingCovered, Driveway, On Street
MLS #A4641991
FireplaceElectric
ViewTrees/Woods
Summary
- Full Bathrooms: 2
- Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Freezer, Gas Water Heater, Ice Maker, Microwave, Range, Refrigerator, Washer
- Flooring Type: Carpet, Ceramic Tile
- Interior: Crown Molding
- Fireplace: Electric
- Total Bedroom Count: 2
- Private Pool: No
- Parking: Covered, Driveway, On Street
- View: Trees/Woods
- Exterior: Garden, Private Mailbox, Sidewalk, Storage
- Heating: Electric
- Cooling: Central Air, Wall/Window Unit(s)
- List Price: $389,000
- Price/SqFt: $279
- Annual Tax Amount: $1,608
- Tax Year: 2023
- Lot: Cleared, Landscaped, Level, Near Golf Course, Sidewalk, Paved
- Directions: Gulf Gate Drive to Aruba Lane to Lockwood Terrace
- Year Built: 1965
- Stories: 1
- Living Area: 1,390 SqFt
- Lot Size: 0.21 Acres
- MLS Number: A4641991
- MLS Name: MFRMLS
- Office Name: COLDWELL BANKER SARASOTA CENT.
- Office Phone: (941) 487-5600
- Listing Agent: Mary Ann Keenan
Listings courtesy of Stellar MLS as distributed by MLS GRID.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.
Copyright 2025 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/2/2025, 10:19:59 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$389,000
3042 Lockwood Ter
$4,619
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
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. Typical income of Sarasota, FL residents is less than $<35k annually. Most families are single, no kids. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
45%
<35k
38%
35k-100k
16%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
55%
Single, No Kids
9%
Single, with Kids
24%
Married, No Kids
12%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
11%
<11 yrs old
5%
12-17 yrs old
15%
18-34 yrs old
46%
35-64 yrs old
23%
65+ yrs old
What do the neighbors do for fun?
Horse Races
Hiking/backpacking
Figure Skating
Where do the neighbors shop?
Stein Mart
Nordstrom Rack
Chico's
Where do the neighbors go to eat?
LongHorn Steakhouse
Chipotle
Bob Evans
What do the neighbors drive?
Buick
Mazda
Oldsmobile
What do the neighbors listen to?
Contemporary Inspirational
Rock
News
All data provided by Home Junction and Claritas
Similar homes for sale
$4,928 Closing Credit¹
#A4641401, Marcia McLaughlin, Listing Office: RE/MAX ALLIANCE GROUP
Tour
$5,225 Closing Credit¹
#A4648976, Toni Zarghami, Listing Office: KW COASTAL LIVING III
Tour
$4,038 Closing Credit¹
#TB8348800, Lisa Marie Carroll PA, Listing Office: MIHARA & ASSOCIATES INC.
Tour
$3,907 Closing Credit¹
#A4645684, Kristina Rain, Listing Office: MICHAEL SAUNDERS & COMPANY
$3,859 Closing Credit¹
#A4643919, Donna Portale, Listing Office: MICHAEL SAUNDERS & COMPANY
Tour
$3,848 Closing Credit¹
#A4630834, Bill Cantrell, Listing Office: FLORIDA HOME TEAM LLC
Tour
$5,463 Closing Credit¹
#A4638201, Brandi Furlan, Listing Office: KW COASTAL LIVING III
$4,750 Closing Credit¹
#A4648176, Kendall Williams, Listing Office: HOUSE MATCH
Tour
$4,156 Closing Credit¹
#A4638966, Jennifer Putnam, Listing Office: COLDWELL BANKER SARASOTA CENT.
Frequently asked questions
Living in Sarasota, FL
Sarasota's transportation network includes a variety of options for residents and visitors. The Sarasota County Area Transit (SCAT) provides bus services with routes covering key areas of the city. For those who prefer private transport, ride-sharing services like Uber and Lyft are readily available. The city is also connected by several major roads, including Interstate 75 and U.S. Route 41, facilitating travel to nearby cities and attractions. Efforts to enhance walkability and bikeability are evident in the downtown area and along the scenic waterfront.
The city is served by a robust educational system, including multiple public and private schools that offer a range of educational programs. Sarasota Memorial Hospital stands as a major healthcare provider, offering comprehensive services from emergency care to specialized treatments. The public library system is well-established, providing residents with access to a wealth of knowledge and resources. Retail and dining options are plentiful, reflecting the local culture with a blend of international cuisines and boutique shopping experiences.
Sarasota prides itself on its vibrant arts scene and cultural richness, with numerous galleries, theaters, and the renowned Ringling Museum of Art. The community's character is further enhanced by its proximity to pristine beaches and a variety of outdoor recreational activities, making it a desirable location for both retirees and families. Annual events like the Sarasota Film Festival and the Sarasota Music Festival celebrate the city's artistic heritage and community spirit.
Sarasota's housing market is diverse, offering a mix of single-family homes, condominiums, and townhouses that cater to a range of preferences and budgets. Architectural styles vary widely, with a notable presence of Mediterranean-inspired designs alongside modern and contemporary structures. The area has seen a steady growth in new developments, particularly in the condominium sector, which adds a modern touch to the city's skyline.
About 3042 Lockwood Ter
The listing price of 3042 Lockwood Ter property is $389,000.
The property 3042 Lockwood Ter is a house located in Sarasota, Florida, 34231.
Sale Pending: 3042 Lockwood Ter is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.
The nearby schools for 3042 Lockwood Ter are: Gulf Gate Elementary School (GreatSchools Rating 7/10), Wilkinson Elementary School (GreatSchools Rating 5/10), Phillippi Shores Elementary School (GreatSchools Rating 8/10), Imagine School at Palmer Ranch (GreatSchools Rating 5/10), Sarasota Middle School (GreatSchools Rating 8/10), Brookside Middle School (GreatSchools Rating 6/10), Riverview High School (GreatSchools Rating 6/10), Suncoast Polytechnical High School (GreatSchools Rating 9/10), Sarasota Virtual Instruction Program (GreatSchools Rating 6/10).
According to the records, the last property tax for 2023 is $1,608 (source: MLS/based on county public records data).
The property at 3042 Lockwood Ter has 2 bedrooms and 2 bathrooms.
The property 3042 Lockwood Ter is 1,390 SqFt (source: MLS/tax record).
The year of construction for 3042 Lockwood Ter is 1965.
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.
While more than 35 listings in Sarasota, FL in April 2025 were sold above asking price, there were more than 77 listings sold at asking price, and more than 421 were sold below. The number of homes for sale in Sarasota, FL increased by 1.6% between March and April 2025. The median list price of listings available in April 2025 was $500,494, while the average time on the real estate market was 69 days.
From Rocket Homes Real Estate and based on county public records data.