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.
Property Details
Price:
$675,000
MLS #:
A4672595
Status:
Active
Beds:
0
Baths:
0
Type:
Land
Subdivision:
NEWTOWN FARMS
Neighborhood:
34234sarasota
Listed Date:
Nov 19, 2025
Lot Size:
74,052 sqft / 1.70 acres (approx)
See this Listing
Schools
Elementary School:
Gocio Elementary
Middle School:
Booker Middle
High School:
Booker High
Interior
Exterior
Financial
Tax Year
2024
Taxes
$3,644
Map
Community
- AddressLEONARD REID AVENUE SARASOTA FL
- SubdivisionNEWTOWN FARMS
- CitySARASOTA
- CountySarasota
- Zip Code34234
Market Summary
Property Summary
- Located in the NEWTOWN FARMS subdivision, LEONARD REID AVENUE SARASOTA FL is a Land for sale in SARASOTA, FL, 34234. It is listed for $675,000 and features 2 acres. To schedule a showing of MLS#a4672595 at LEONARD REID AVENUE in SARASOTA, FL, contact your InvestPro Properties, Inc. agent at 561-203-7022.
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Courtesy of LOYD ROBBINS & CO. LLC. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Orlando/Tampa – FL. Detailed information about real estate listings held by brokerage firms other than InvestPro Properties, Inc. include the name of the listing broker. Neither the listing company nor InvestPro Properties, Inc. shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. Orlando/Tampa – FL. All rights reserved. LEONARD REID AVENUE
SARASOTA, FL
