$1,100,000
4122 Lockwood Ridge Road
Sarasota, FL 34234
Listing updated: May 14, 2026 at 3:42 PM ET
Listing courtesy of Realty One Group Mvp · Troy Funk · MLS #A4636342 · Active · 800-896-8790Property type
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
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.
Local Insight
At $13 per square foot for a 2-acre parcel with no HOA and X flood zone designation, you're looking at a relatively affordable development opportunity in Sarasota, though you'll want to verify what utilities are available and whether the property has direct road access on all sides. The Lockwood Ridge location puts you in an established residential area with decent school assignments, but this is raw land so your actual cost will depend heavily on site prep, infrastructure, and local zoning restrictions—it's worth having a civil engineer assess it before committing.
AI-generated insight based on listing data and neighborhood context. Verify independently.
Estimated monthly payment
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history481 days on market
- Status: ActiveJan 2, 2026
- Listed$1,100,000Jan 16, 2025
- Price increased$1,100,000
Facts & features
- Property type
- Land
- Status
- Active
- Days on market
- 481
- Cumulative DOM
- 919
- County
- Sarasota
- Price/sq ft
- $13
- Lot size
- 87,120 sq ft
- Lot category
- 2 to less than 5
- Flood zone
- X (12115C0132G)
- Annual taxes
- $6,428 (2024)
- Parcel #
- 0029100001
- Zoning
- RSF2
- MLS #
- A4636342
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Interior Details
- Direction faces
- West
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- CDD
- No
- Ownership
- Fee Simple
Exterior & Construction
- Road surface
- Asphalt, Gravel
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- BB/HS Internet Available, Electricity Available, Public, Sewer Connected, Water Connected
Schools
Letter grades: Florida DOE 2024–25 school grades (Orange, Seminole, Lake, Osceola, Brevard). Assigned schools from the listing agent — verify enrollment with the district.
Listing Details
- Listing date
- 2025-01-16
- On market date
- 2025-01-16
- Original list price
- $1,100,000
- MLS area
- 34234 - Sarasota
- Listing AOR
- Sarasota - Manatee
- Status changed
- 2026-01-02
- 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
Flood risk
Minimal-risk area outside the mapped floodplain. Flood insurance is optional and typically low-cost.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
On the corner of Lockwood Ridge Road and 42nd Street. 42nd Street is a gravel road and the subject property is immediately to the right of this (South West) intersection, with two single family homes adjacent to one another (part of this property) and then an open area to drive back and see the rest of the site, which is adjacent to the Fire Department).
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Listings courtesy of Stellar MLS as distributed by MLS GRID
IDX information 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.
Based on information submitted to the MLS GRID as of May 14, 2026 at 3:42 PM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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