Sarasota, FL 34231,5306-5312 S LOCKWOOD RIDGE RD
Sarasota, FL 34231,5306-5312 S LOCKWOOD RIDGE RD
Sarasota, FL 34231,5306-5312 S LOCKWOOD RIDGE RD
Sarasota, FL 34231,5306-5312 S LOCKWOOD RIDGE RD
Sarasota, FL 34231,5306-5312 S LOCKWOOD RIDGE RD
Sarasota, FL 34231,5306-5312 S LOCKWOOD RIDGE RD
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$1,850,000

$1,895,000

2.4%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

4,975 SqFt


SOLD DATE : 02/01/2022

Key Details

Sold Price $1,850,000

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Square Footage 4,975 sqft

Price per Sqft $371

Subdivision Sun Haven

MLS Listing ID A4507885

Sold Date 02/01/22

HOA Y/N No

Year Built 1969

Annual Tax Amount $10,207

Lot Size 1.250 Acres

Acres 1.25

Property Description

Take advantage of this incredible and unique investment opportunity. Three adjacent duplexes and one single family home across the street are located just minutes from some of the best public schools in Sarasota and the beaches of Siesta Key. Both units in two of the duplexes are currently rented with the potential for increased rent. Third duplex being updated with potential rent per unit of $1,600 or greater. Fencing surrounds all three yards creating one amazing backyard for all duplex units. Each unit has either a private garage or a carport (or screened-in carport) as well as additional parking. The single-family home is on an oversized 16,000 plus square foot lot and features newer roof and windows. With some basic updates it would make a great rental. There may also be potential to divide the single-family home lot. Neighborhood in transition with new-build estate properties as well as traditional single-family homes. Great investor opportunity, live in one and rent the others out or create a unique multi-generational situation. Lots of options here particularly with the hot rental market. Price may increase as more improvements are made.

Location

State FL

County Sarasota

Community Sun Haven

Zoning RSF3

Interior

Interior Features Ceiling Fans(s), Living Room/Dining Room Combo, Open Floorplan, Solid Surface Counters, Stone Counters, Thermostat

Heating Central, Electric

Cooling Central Air

Fireplace false

Appliance Dishwasher, Dryer, Range, Washer

Exterior

Exterior Feature French Doors

Parking Features Garage Door Opener

Garage Spaces 2.0

Utilities Available BB/HS Internet Available, Cable Available, Electricity Connected, Phone Available, Public, Sewer Connected, Water Connected

Roof Type Metal,Shingle

Attached Garage true

Garage true

Private Pool No

Building

Lot Description In County, Paved

Foundation Slab

Lot Size Range 1/2 to less than 1

Sewer Public Sewer

Water Public

Structure Type Block,Stucco

New Construction false

Schools

Elementary Schools Gulf Gate Elementary

Middle Schools Sarasota Middle

High Schools Riverview High

Others

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition None

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Stellar MLS
Listed by PREMIER SOTHEBYS INTL REALTY
Bought with SRQ PROPERTIES

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Megan & Patrick Finke

REALTORS®

+1(941) 253-7900

10752 Deerwood Park Blvd Suite 100, Jacksonville, Fl

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