NOT LISTED FOR SALE

5527 Lockwood Ridge Rd Sarasota, FL 34243

Desoto Acres Neighborhood

Estimated Value: $240,000 - $259,173

0.75 Acre
$336,724 Price per Acre
32,670 Sq Ft Lot

Last Sold October 31, 2023

Last sale price $180,000 $200 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $1,514/month

1 Day on Market

About This Lot

As of October 2023

Nice deep lot. 100ft frontage, 316ft deep. Nestled in multi-acres homes, minutes from University shopping. Easy access to highway. Call for access.

Property is zoned RE1 (1 unit/2 acres). House on premises is no value. It would cost more to repair than it would be worth. Soil is rich, leading to heavy vegetation that will need to be cleared prior to surveys, etc.

Last Agent to Sell the Property

William Steinhoff

Jonathan Solomon Realty License #3560663 Listed on: 10/11/2023

Last Buyer's Agent

William Steinhoff

Jonathan Solomon Realty License #3560663 Listed on: 10/11/2023

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,851

Lot Details

  • 0.75 Acre Lot
  • East Facing Home
  • Paved or Partially Paved Lot
  • Site Plan Filed
  • Property is zoned RE1

Community Details

  • 0694 Van Dame Estates Unit 1 Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$1,851

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Residential
  • Property Sub Type Additional: Residential
  • Directions: Starting at Desoto Rd and Lockwood Ridge going North, it is the first Driveway on the west side of Lockwood ridge. Park on the sidewalk and easement
  • Special Features: None

Exterior Features

  • Road Surface Type: Paved
  • Waterfront: No
  • Disclosures: Owner Is Listing Agent
  • Direction Faces: East

Lot Info

  • Development Status: Site Plan Filed
  • Lot Size Acres: 0.75
  • Lot Size: 31,615
  • Number Of Lots: 1
  • Zoning Description: RE1

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 1851.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 1, 2025
Sold by
Srq Holdings Company Llc
Bought by
Elite Holdings Of Southwest Florida Llc
Current Estimated Value
$252,543

Purchase Details

Listed on
Oct 11, 2023
Closed on
Oct 31, 2023
Sold by
Bist Development Llc
Bought by
Srq Holdings Company Llc
Seller's Agent
William Steinhoff
Jonathan Solomon Realty
Buyer's Agent
William Steinhoff
Jonathan Solomon Realty
List Price
$195,000
Sold Price
$180,000
Premium/Discount to List
-$15,000
-7.69%
Views
3

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.55%

Purchase Details

Closed on
Mar 28, 2016
Sold by
Magac Marilyn
Bought by
Bist Development Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Elite Holdings Of Southwest Florida Llc $260,000 None Listed On Document
Srq Holdings Company Llc $180,000 None Listed On Document
Bist Development Llc $85,000 Alliance Group Title Llc
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2023 10/31/23 Sold $180,000 -7.7% $200 / Sq Ft
10/13/2023 10/13/23 Pending -- -- --
10/11/2023 10/11/23 For Sale $195,000 -- $216 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,320 $139,300 $137,500 $1,800
2023 $2,320 $200,200 $173,200 $27,000
2022 $1,929 $149,300 $116,900 $32,400
2021 $1,811 $119,000 $98,200 $20,800
2020 $1,583 $91,100 $68,100 $23,000
2019 $1,512 $90,000 $68,100 $21,900
2018 $1,364 $78,500 $64,800 $13,700
2017 $1,296 $71,700 $58,100 $13,600
2016 $768 $68,500 $54,300 $14,200
2015 $776 $69,500 $45,500 $24,000
2014 $774 $53,788 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2023

    William Steinhoff

    Jonathan Solomon Realty

    (954) 240-2007

    1 in this area

    2 Total Sales

    William Steinhoff
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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10404315

BeachesMLS (Greater Fort Lauderdale)

APN: 0020-14-0008

Florida Sarasota County Sarasota 34243 Desoto Acres

5527 Lockwood Ridge Rd, Sarasota, FL

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BeachesMLS (Greater Fort Lauderdale) All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2025 Beaches Multiple Listing Service, Inc. 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.

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