#A4642474, Leidy Vizcaino, Listing office: MICHAEL SAUNDERS & COMPANY
Property details
About 5106 S Lockwood Ridge Rd
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. The potential to develop brand-new homes in one of Sarasota’s most desirable and fast-growing areas makes this a prime investment with significant upside. While the existing 520-square-foot structure currently occupies the property, the true value lies in the land and its future development potential. The expansive size and strategic location provide flexibility in design and layout, creating the perfect foundation for high-quality new builds that will appeal to today’s buyers seeking modern homes in a well-connected neighborhood. In addition to building a brand-new single-family home, the buyer can also create an accessory dwelling unit (ADU) of up to 750 square feet—offering even more potential for income or multigenerational living. Located directly across from Red Bug Slough Preserve, the property offers both creative exposure and a unique blend of urban convenience and natural beauty. Future homeowners will enjoy immediate access to walking trails, dog paths, a tranquil lake, fishing piers, and picnic pavilions. The surrounding area is rich with amenities, including parks, schools, shopping centers, and dining options, 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 residential properties remains strong. This property represents a rare chance to build and capitalize on that demand. Whether you're a seasoned investor or a developer seeking your next project, this is a can’t-miss opportunity to create something exceptional in one of Florida’s most vibrant markets.
Highlights
Home typeOther
StatusActive
Lot size0.28 Acres
MLS #N6139377
Virtual tour
Summary
- List Price: $250,000
- HOA Amount: $0
- Annual Tax Amount: $923
- Tax Year: 2023
- Directions: From Sarasota via S Tamiami Trl: Head south on S Washington Blvd toward Ringling Blvd. Merge onto S Tamiami Trl. Turn left onto Proctor Rd. Turn right onto Camphor Ave. Turn left onto Gypsy St. Turn right onto S Lockwood Ridge Rd. Destination will be on the right.
- Lot Size: 0.28 Acres
- MLS Number: N6139377
- MLS Name: MFRMLS
- Office Name: KELLER WILLIAMS ON THE WATER S
- Office Phone: (941) 803-7522
- Listing Agent: Patrick Brogley
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Last updated on: 7/30/2025, 11:34:28 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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 | $59,312 | $923 |
| 2022 | $57,584 | $882 |
| 2021 | $55,907 | $882 |
| 2020 | $55,135 | $914 |
| 2019 | $53,895 | $857 |
| 2018 | $52,890 | $658 |
| 2017 | $51,802 | $636 |
History based on county public records data.
Nearby schools
5
Wilkinson Elementary School
Public District PK-5
0.8 mi
•3400 Wilkinson Rd
7
Gulf Gate Elementary School
Public District PK-5
1.2 mi
•6500 S Lockwood Ridge Rd
8
Phillippi Shores Elementary School
Public Magnet PK-5
1.4 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 $46,038. The most common annual income of people living in Sarasota, FL is between $35k-100k. Most families are single, no kids. Most residents in this area have high school diploma education.
How much money do the neighbors make?
38%
<35k
55%
35k-100k
7%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
53%
Single, No Kids
11%
Single, with Kids
25%
Married, No Kids
11%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
9%
<11 yrs old
8%
12-17 yrs old
18%
18-34 yrs old
50%
35-64 yrs old
15%
65+ yrs old
What do the neighbors do for fun?
Horse Races
Hiking/backpacking
Extreme Sports
Where do the neighbors shop?
Stein Mart
Nordstrom Rack
Sam's Club
Where do the neighbors go to eat?
LongHorn Steakhouse
Chipotle
White Castle
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
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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 5106 S Lockwood Ridge Rd
The listing price of 5106 S Lockwood Ridge Rd property is $250,000.
The property 5106 S Lockwood Ridge Rd is land located in Sarasota, Florida, 34231.
Active Listing: 5106 S Lockwood Ridge Rd is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 5106 S Lockwood Ridge Rd are: Wilkinson Elementary School (GreatSchools Rating 5/10), Gulf Gate Elementary School (GreatSchools Rating 7/10), Phillippi Shores Elementary School (GreatSchools Rating 8/10), Imagine School at Palmer Ranch (GreatSchools Rating 5/10), Brookside Middle School (GreatSchools Rating 6/10), Sarasota Middle School (GreatSchools Rating 8/10), Suncoast Polytechnical High School (GreatSchools Rating 9/10), Riverview High School (GreatSchools Rating 6/10), Triad (GreatSchools Rating 1/10).
According to the records, the last property tax for 2023 is $923 (source: MLS/based on county public records data).
The property 5106 S Lockwood Ridge Rd is 0.28 acres.
This home is located at 5106 S Lockwood Ridge Rd in Sarasota, FL and zip code 34231. Features: 0 bathroom. It has been listed on Rocket Homes since June 20, 2025 and is currently priced at $250,000.
While more than 23 listings in Sarasota, FL in June 2025 were sold above asking price, there were more than 51 listings sold at asking price, and more than 364 were sold below. The inventory of homes for sale in Sarasota, FL between May and June 2025 decreased by 2%. Listings spent 72 days on the market in June 2025, and had a median list price of $495,118 during the same period.
From Rocket Homes Real Estate and based on county public records data.