Veterans Escrow and Title Services, LLC, Title Companies, Wesley Chapel, FL
$1,100,000
For Sale

4122 N LOCKWOOD RIDGE ROAD

Sarasota, FL 34234
Browse 8 photos
Type:Purchase
Structure:Land
Zone:Residential

Description

Multiple possibilities exist for development on this parcel with approximately 2.14 Acres in ideal location, with close proximity to downtown Sarasota, International Airport, and UTC Mall. The property has two existing single, family homes on the site that has the potential to produce over $4000 a month in combined gross rental income. One of the homes boarders on Lockwood Ridge Road with the 2nd home adjacent to the front home, on a side road known as 42nd Street. Past the two homes is a large open space inclusive of the existing homes which boarders the back of Fire Department. This large, open (private) space is wooded with recent flood maps showing a good report for the site. Overall the entire parcel has many options. Such possibilities could be to keep the property as it currently exists, to be used as one large private homesite or divide the property for multiple residences.

  • Property Details
      • Utility FeaturesBB/HS Internet Available, Electricity Available, Public, Sewer Connected, Water Connected
      • Lot DescriptionBuildable, Curb and Gutters, In County
      • Elementary SchoolGocio Elementary
      • Middle SchoolBooker Middle
      • Sewer InformationPublic Sewer
      • High SchoolBooker High
      • Original List Price$1,100,000
      • Property TypePurchase
      • CountySarasota
      • MLS #A4636342
      • MLS #A4636342
      • Cost1100000
      • Utility SourcePublic
      • Taxes Annual$6,427
      • Property SubtypeLand
      • Days on Market (Cumulative)489
      • Acres2

Location

Adam WilliamsReal Estate Group

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6.0%

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