3042 LOCKWOOD TERRACE SARASOTA FL 34231 MLS #A4641991

3042 LOCKWOOD TERRACE
SARASOTA, FL, 34231
$389,000
2 Beds
2 Baths
2,335 SqFt
0 Acres
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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!

Property Details

Price:
$389,000
MLS #:
A4641991
Status:
Active
Beds:
2
Baths:
2
Address:
3042 LOCKWOOD TERRACE
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
GULF GATE
Neighborhood:
34231 – Sarasota/Gulf Gate Branch
City:
SARASOTA
Listed Date:
Mar 3, 2025
State:
FL
Finished Sq Ft:
2,335
Total Sq Ft:
2,335
ZIP:
34231
Year Built:
1965
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Schools

Elementary School:
Gulf Gate Elementary
Middle School:
Brookside Middle
High School:
Riverview High

Interior

Appliances
Dishwasher, Disposal, Dryer, Electric Water Heater, Freezer, Gas Water Heater, Ice Maker, Microwave, Range, Refrigerator, Washer
Bathrooms
2 Full Bathrooms
Cooling
Central Air, Wall/ Window Unit(s)
Flooring
Carpet, Ceramic Tile
Heating
Electric
Laundry Features
Laundry Room, Washer Hookup

Exterior

Community Features
Sidewalks
Construction Materials
Brick, Concrete
Exterior Features
Garden, Private Mailbox, Sidewalk, Storage
Other Structures
Shed(s), Storage
Parking Features
Covered, Driveway, On Street
Roof
Shingle
Security Features
Security System Leased

Financial

HOA Fee
$75
Tax Year
2024
Taxes
$1,708

Map

Community

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3042 LOCKWOOD TERRACE
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