Active

$945,000

Features:
  • 5 Bedrooms
  • 2 Bathrooms
  • 1589 sq ft
Overview
  • ID: MFRA4533057
  • Bedrooms: 5
  • Bathrooms: 2
  • Size: 1589 sq ft
Property Details
Remarks
Opportunity Awaits - 2+/- Acre parcel with two separate, residential, income producing homes currently on site. The potential exists to use the land for development of multiple residences for resale, rental income, vacation rentals, a grand estate, a family compound to build several homes or ideal for 1031 Exchange to hold for future appreciation and potential. Excellent location with close proximity to downtown Sarasota, UTC Mall, SRQ International Airport with less than 20-30 minutes to the beaches. To define the location, the two existing homes currently are located at the corner of Lockwood Ridge and 42nd St., From 42nd Street the property runs contiguous behind the residences on 42nd Street and borders the back of NE County Fire Station, which is defined as a large wooded field with mature landscaping.
Financial Considerations
Price:
$945,000
HOA Fee:
N/A
Tax Amount:
$4484
Price per SqFt:
$594.71
Tax Legal Description:
BEG NW COR OF SW 1/4 OF NE 1/4 SEC 9 TH E 294 FT TH S 100 FT TH E 300 FT TH S 149 FT TH W 419 FT TH N 120 FT TH W 175 FT TH N 129 FT TO POB LESS W 50 FT FOR RD R/W
Exterior Features
Lot Size:
87120
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Metal
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
5
Bathrooms:
2
Heating:
Electric
Cooling:
Central Air
Appliances:
None
Furnished:
No
Floor:
Carpet
Levels:
One
Additional Features
Property Sub Type:
Single Family Residence
Style:
N/A
Year Built:
1949
Construction Type:
Block, Concrete
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
North
Pets Allowed:
No
Special Condition:
None
Additional Features:
Other
Additional Features 2:
N/A
Map
  • Address
    4122 N LOCKWOOD RIDGE RD
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