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Leonard Reid Avenue

SARASOTA, FL 34234
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SqFt74,052

Sqft(Lot)

Acres1.70

Acres(Lot)

Approximately 1.7 acres of undeveloped land offering residential development potential in Sarasota’s Newtown area. Zoned RMF-2 with a stated density of up to nine units per acre, the property may accommodate approximately 15 residential units, subject to site design and governmental approvals. The site offers 265' of frontage along Leonard Reid Avenue and is located one block east of US-301, approximately 2.5 miles from downtown Sarasota and 3 miles from Sarasota-Bradenton International Airport. Dreamers Academy is directly across the street, with Booker Middle School nearby. Potential uses include a small townhome or multifamily community, while a childcare or adult daycare facility may be considered through the special-exception process. A Phase I Environmental Site Assessment has been c ompleted. The planned Legacy Trail expansion is expected to extend behind the property. Buyers are responsible for independently verifying zoning, allowable uses, density, utilities, access, development requirements and final unit yield.

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Detail Ic Property Details

Property Type : Land

Price : $675,000

AD Id : 68890051

MLS Id : MFRA4672595

Lot Size : 1.70 Acres(Lot)

Living Area Size : 74,052 Sq. Ft

Tax Amount : $3,643.61

County : Sarasota

Subdivision: Newtown Farms

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Feature Features

  • Water Source

    WaterSource: None

  • Lot Information

    Lot Dimensions: 266x311x218x364 Lot Square Feet: 74052 Lot Acres: 1.7 Lot Size (SqMt): 6880

    Property Information

    Property Type: Land

  • Listing Price Information

    Original List Price:$699000

  • Tax Information

    Tax Book Number: 4-38 Tax Lot: 13 Tax Legal Description: N 285.5 FT OF LOT 13 NEWTOWN FARMS Annual Tax: $3643.61 Tax Year: 2024 Parcel Number: 0028040032

  • School Information

    Elementary School: Gocio Elementary Junior High School: Booker Middle Senior High School: Booker High
  • Utility Information

    Electrical Nearby Sewer: None Water Source: None
  • Location Information

    Subdivision: NEWTOWN FARMS City: SARASOTA Direction: From US 301 & Dr Martin Luther King Jr Way, head North on US-301. Right on Myrtle St. Right on Leonard Reid Ave. Parcel is on your left past the 2 churches.
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
4122 N Lockwood Ridge R.., Sarasota, FL, 34234 $1,100,000 -- -- 87,120 2 Acres(Lot)
4116 Locust Avenue, Sarasota, FL, 34234 $250,000 -- -- 17,850 0.41 Acre(Lot)
17th Street, Sarasota, FL, 34234 $115,000 -- -- 4,762 0.11 Acre(Lot)
Mango Avenue, Sarasota, FL, 34234 $180,000 -- -- 21,344 0.49 Acre(Lot)
1792 Midlothian Street, Sarasota, FL, 34234 $69,900 -- -- 3,406 0.08 Acre(Lot)
Dr Martin Luther King J.., Sarasota, FL, 34234 $109,000 -- -- 7,575 0.17 Acre(Lot)
1626 22nd Street, Sarasota, FL, 34234 $275,000 -- -- 7,328 0.17 Acre(Lot)
4913 Oakland Hills Avenue, Sarasota, FL, 34234 $49,000 -- -- 4,188 0.10 Acre(Lot)
5254 Pebble Beach Avenue, Sarasota, FL, 34234 $59,900 -- -- 3,251 0.07 Acre(Lot)
1800 N Tamiami Trail, Sarasota, FL, 34234 $2,995,000 -- -- 48,351 1.11 Acres(Lot)
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ByOwner last updated this listing 09/21/2026 @ 18:20

MLS: MFRMLS #A4672595 LISTED BY: Jessica Burdick, LOYD ROBBINS & CO. LLC 941-957-9300 SOURCE: MFRMLS (My Florida Regional MLS DBA Stellar MLS) (Listings courtesy of MFRMLS (My Florida Regional MLS DBA Stellar MLS) as distributed by MLS GRID)

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