5106 S Lockwood Ridge Road, Sarasota, FL 34231
Local realty services provided by:CENTURY 21 Real Estate Champions
Listed by: patrick brogley
Office: keller williams on the water s
MLS#:N6138685
Source:MFRMLS
Price summary
- Price:$240,000
- Price per sq. ft.:$461.54
About this home
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.
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Home facts
- Year built:1956
- Listing ID #:N6138685
- Added:299 day(s) ago
- Updated:February 24, 2026 at 01:24 PM
Rooms and interior
- Bedrooms:2
- Total bathrooms:1
- Full bathrooms:1
- Living area:520 sq. ft.
Heating and cooling
- Cooling:Wall/Window Unit(s)
- Heating:Ductless
Structure and exterior
- Roof:Shingle
- Year built:1956
- Building area:520 sq. ft.
- Lot area:0.28 Acres
Schools
- High school:Riverview High
- Middle school:Brookside Middle
- Elementary school:Wilkinson Elementary
Utilities
- Water:Public
- Sewer:Public, Public Sewer
Finances and disclosures
- Price:$240,000
- Price per sq. ft.:$461.54
- Tax amount:$926 (2024)
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