Leonard Reid Avenue, FLLeonard Reid Avenue, FLLeonard Reid Avenue, FL
Stellar MLS
1 / 7

$699,000

Leonard Reid Avenue

Sarasota, FL 34234

Listing updated: April 17, 2026 at 1:55 PM ET

Active
Stellar MLSListing courtesy of Loyd Robbins & Co. Llc · Jessica Burdick · MLS #A4672595 · Active · 941-957-9300
0
Baths
1.7
Acres
1.7 acres$9/sqft
Land

Property type

74,052 sqft

Lot size

$9

Price / sq ft

No HOA

HOA dues

149

Days on market

AE

Flood zone

About this home

1.7-acre parcel offering a versatile multi-family development opportunity in the heart of Newtown. Ideally positioned one block east of US-301, 2.5 miles from downtown Sarasota, and 3 miles from SRQ International Airport. The site also sits directly across from Dreamer’s Academy and only 2 blocks from Booker Middle School, providing strong visibility and accessibility. The future expansion plans for the Legacy Trail will run right behind this property. This location would be perfect for a small townhome community or a thoughtfully designed daycare facility for either children or adults. Phase I Environmental assessment has already been completed, streamlining the path toward development.

Estimated monthly payment

Principal & interest$3,535
Property taxes$304
Home insurance (est.)$320

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 history149 days on market

  1. Status: Active
    Nov 19, 2025
  2. Listed$699,000
    Nov 19, 2025
  3. Price increased$699,000

Facts & features

Property type
Land
Status
Active
Days on market
149
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

ElementaryGocio ElementaryGreatSchools ↗
MiddleBooker MiddleGreatSchools ↗
High SchoolBooker HighGreatSchools ↗

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

High riskFEMA Zone AE

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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MLS GRID

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 April 17, 2026 at 1:55 PM 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.

Ryan Solberg, Broker · MaxLife Realty LLC · FL License #BK3354351 · Equal Housing Opportunity · Full disclaimer · DMCA