Description
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.
-
5BEDS
-
2ACRES
-
2BATHS
-
01/2 BATHS
-
1,589SQFT
-
$595$/SQFT
School Information
Description
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.
Related Properties
© 2024 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2024-09-09T10:45:21.53.