$699,000
Leonard Reid Avenue
Sarasota, FL 34234
Listing updated: April 17, 2026 at 1:55 PM ET
Property type
Lot size
Price / sq ft
HOA dues
Days on market
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
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
- Status: ActiveNov 19, 2025
- Listed$699,000Nov 19, 2025
- 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
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 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.
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