Listing Details for MLS # A4641991
3042 Lockwood Terrace, Sarasota, Fl 34231

Residential Property - Single Family Residence in Sarasota

Listing Price: $419,000Days on Market: 6

Description of Property

Charming Gulf Gate Gem! Move-In Ready, Renovated 2-Bedroom, 2-Bathroom home plus 37 x 16 bonus flex space in the highly sought-after Gulf Gate neighborhood – Only Minutes from the World-Famous #1 Beach in America, Siesta Key! Welcome to this meticulously maintained, renovated single-family home located on a quiet street in the heart of Gulf Gate. This one-story oasis offers 2 bedrooms, 2 full bathrooms, and a fully updated kitchen featuring stainless-steel appliances, modern countertops, and stylish fixtures. The laundry room and pantry are located right off the kitchen, adding extra convenience to everyday living. The bright and airy family room, with a built-in electric fireplace, is the perfect place to relax and entertain. A cozy space off the kitchen offers an area ideal for relaxing after a glorious day at the beach. The large second living space in the rear of the home offers versatility, whether you envision it as a dining area, office, or additional living space. Large plank, wood-inspired tile floors flow throughout the entire home creating a cohesive and inviting environment. Crown molding adds a lovely touch of sophistication. Step outside to a massive patio with elegant pavers, seamlessly connected to a beautifully landscaped yard. This outdoor area is ready for your personal touch—whether you envision a pool, lanai, or expanded outdoor living space. The absolute coolest feature of this home is the MASSIVE, FULLY PERMITTED flex space in the rear of the home! The 37 x 16 attached space is drywalled and equipped with A/C & electrical. The possibilities for this room are endless—perfect for a home gym, workshop, studio, home office, pool house or guest suite. It won’t take much to finish off the space! Gulf Gate is known for its large, flat lots, giving owners ample room to grow, with potential for future home additions and amazing outdoor spaces. Convenience is key with this property’s central location. Endless shopping options, including Publix, Costco, highly rated local restaurants, and more are just minutes away. Whether you’re heading out for a day on Siesta Key’s powdered sugar sands, exploring downtown Sarasota, St. Armands Circle, and beyond, every destination is extremely convenient. The shops and restaurants in Gulf Gate are a quick walk or bike ride from your front door! This home has been beautifully cared for and offers a rare opportunity to own a renovated gem in one of Sarasota’s most desirable neighborhoods. If you are looking for an investment property, this home offers tremendous opportunities for rental income. The roof was replaced, and the interior re-piped in 2009. An ADT alarm system and several newer hurricane windows give you peace of mind. Buyers, this is a great time to make a purchase in a highly desirable area of Sarasota!The average asking price for a 2 bedroom/2 bath single family residence in this Zip code is $529,092. This single family residence is listed at about 79% of the average asking price. There are 15 2 bedroom/2 bath homes between $300,000 and $500,000 currently listed for sale in this Zip code. See other listings like this one »