$675,000
Leonard Reid Avenue
Sarasota, FL 34234
Listing updated: August 21, 2026 at 9:50 AM ET
Listing courtesy of Loyd Robbins & Co. Llc · Jessica Burdick · MLS #A4672595 · Active · 941-957-9300Property type
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
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 completed. 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.
Estimated monthly payment
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history275 days on market
- Status: ActiveNov 19, 2025
- Listed$699,000Nov 19, 2025
- Price reduced$675,000
Facts & features
- Property type
- Land
- Status
- Active
- Days on market
- 275
- Subdivision
- Newtown Farms
- County
- Sarasota
- Price/sq ft
- $9
- Lot size
- 74,052 sq ft
- Lot category
- 1 to less than 2
- Flood zone
- AE
- Annual taxes
- $3,644 (2024)
- Parcel #
- 0028040032
- Zoning
- RMF2
- MLS #
- A4672595
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HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- Listing terms
- Cash, Conventional
- Ownership
- Fee Simple
Exterior & Construction
- Road surface
- Paved
Utilities
- Sewer
- None
- Water source
- None
- Utilities
- Electrical Nearby
Schools
Letter grades: Florida DOE 2024–25 school grades (Orange, Seminole, Lake, Osceola, Brevard). Assigned schools from the listing agent — verify enrollment with the district.
Listing Details
- Listing date
- 2025-11-18
- On market date
- 2025-11-19
- Original list price
- $699,000
- MLS area
- 34234 - Sarasota
- Listing AOR
- Sarasota - Manatee
- Status changed
- 2025-11-19
- Tax legal description
- N 285.5 FT OF LOT 13 NEWTOWN FARMS
Flood risk
FEMA Special Flood Hazard Area (1% annual-chance / “100-year” floodplain). Flood insurance is generally required by mortgage lenders.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
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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Listings courtesy of Stellar MLS as distributed by MLS GRID
IDX 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.
Based on information submitted to the MLS GRID as of August 21, 2026 at 9:50 AM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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