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5106 S Lockwood Ridge Road

SARASOTA, FL 34231

2 beds
1 bath
520 sqft
12,177 sqft lot
$614 per sqft
1956 build
– on site

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. With zoning that allows the property to be divided into two separate, buildable lots, this double parcel is ideally positioned for new residential construction. 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. Located directly across from Red Bug Slough Preserve, the property offers 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.

Listing courtesy of STELLAR_MLS / KELLER WILLIAMS ON THE WATER S

Last checked: Checking… • Last updated May 3, 2025 •

MLS# N6138685 —

The Building

Year Built:

1956
New Construction:

false
Construction Materials:

Metal Siding
Levels:

One
Roof:

Shingle
Foundation Details:

Slab
Building Area Total:

520
Building Area Units:

Square Feet
Building Area Source:

Public Records

Interior

Interior Features:

Ceiling Fan(s)
Flooring:

Laminate
Fireplace:

false

Room Dimensions

Living Area:

520
Living Area Units:

Square Feet
Living Area Source:

Public Records

Location

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.
Latitude:

27.278692
Longitude:

-82.506087
Coordinates:

-82.506087, 27.278692

The Property

Parcel Number:

0087110001
Property Type:

Residential
Property Subtype:

Single Family Residence
Lot Size Acres:

0.28
Lot Size Area:

12177
Lot Size SqFt:

12177
Lot Size Units:

Square Feet
Total Acres:

1/4 to less than 1/2
Zoning:

RSF3
Direction Faces:

East
View:

false
Exterior Features:

Storage
Water Source:

Public
Road Surface Type:

Asphalt
Flood Zone Code:

X
Flood Zone Panel:

12115C0144G
Additional Parcels:

true
Additional Parcels Description:

0087110001
Homestead:

true
Lease Restrictions:

false
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Lot:

23
Tax Block:

C
Tax Legal Description:

LOTS 23 & 24, BLK C, LESS W 15 FT THEREOF, LESS S 4 FT OF SAID LOT 24, LESS E 4 FT FOR R/W IN RPB 2/2, ALL STATES PARK, OR 2654/141
Tax Book Number:

1-188
Tax Annual Amount:

$926

Beds

Bedrooms Total:

2

Baths

Total Baths:

1
Total Baths:

1
Full Baths:

1

The Listing

Special Listing Conditions:

None

Heating & Cooling

Heating:

Wall Units / Window Unit
Heating:

true
Cooling:

Wall/Window Unit(s)
Cooling:

true

Utilities

Utilities:

Public
Sewer:

Public Sewer

Appliances

Appliances:

Other
Laundry Features:

Other

Schools

Elementary School:

Wilkinson Elementary
Middle Or Junior School:

Brookside Middle
High School:

Riverview High

The Community

Subdivision Name:

ALL STATES PARK
Senior Community:

false
Waterview:

false
Water Access:

false
Waterfront:

false
Pool Private:

false
Association:

false
Ownership:

Fee Simple

Parking

Garage:

false
Carport:

false

Monthly cost estimate

Asking price

$319,500

Expense	Monthly cost
Mortgage	$1,710
Taxes	$77
Insurance	$87
Utilities	$110 See report
Total	$1,984/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

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Sale history

Date	Event	Source	Price
5/1/25 May 1, 2025	Pending	STELLAR_MLS	$319,500
9/5/24 Sep 5, 2024	Relisted	STELLAR_MLS
9/5/24 Sep 5, 2024	Pending	STELLAR_MLS

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This house located in All States Park, South Gate Ridge, FL 34231 is currently pending sale for $319,500. 5106 S Lockwood Ridge Road is a 520 square foot house with 2 beds and 1 bath that has been on Estately for 13 days. 5106 S Lockwood Ridge Road is in the All States Park neighborhood of South Gate Ridge and has a WalkScore® of 23, making it car-dependent. This house is in the attendance area of Wilkinson Elementary School, Riverview High School, and Brookside Middle School.

Listing Courtesy of: STELLAR_MLS and KELLER WILLIAMS ON THE WATER S.

Based on information from the My Florida Regional MLS DBA Stellar MLS 2025.

All information provided is deemed reliable but is not guaranteed and should be independently verified. Stellar MLS, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. Stellar MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. For any questions please call (407) 499-8911.