7
See all 7 photos
$699,000
Est. payment /mo
1.7 Acres Lot
New
LEONARD REID AVE Sarasota, FL 34234
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Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Subdivision Newtown Farms
MLS Listing ID A4672595
HOA Y/N No
Annual Tax Amount $3,643
Lot Size 1.700 Acres
Acres 1.7
Lot Dimensions 266x311x218x364
Property Sub-Type Multi Family
Source Stellar MLS
Property Description
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.
Location
State FL
County Sarasota
Community Newtown Farms
Area 34234 - Sarasota
Zoning RMF2
Exterior
Utilities Available Electrical Nearby
Building
Lot Size Range 1 to less than 2
Sewer None
Water None
Schools
Elementary Schools Gocio Elementary
Middle Schools Booker Middle
High Schools Booker High
Others
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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© 2025 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Listed by Jessica Burdick LOYD ROBBINS & CO. LLC
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