Overview
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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.
Address
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Address: LEONARD REID
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City: SARASOTA
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State/county: Sarasota
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Zip/Postal Code: 34234
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Area: NEWTOWN FARMS
Details
Updated on April 19, 2026 at 2:28 am-
Property ID A4672595
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Price $699,000
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Land Area 1.7 Acres
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Bathroom 0
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Property Status Land
Additional details
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BridgeModificationTimestamp April 17, 2026 at 06:01pm
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ContractStatusChangeDate 2025-11-19
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CumulativeDaysOnMarket 149
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DaysOnMarket 149
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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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ElementarySchool Gocio Elementary
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FeedTypes IDX
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HighSchool Booker High
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IDXParticipationYN 1
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InternetAddressDisplayYN 1
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InternetAutomatedValuationDisplayYN 1
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InternetEntireListingDisplayYN 1
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ListAOR Sarasota - Manatee
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ListAgentAOR Sarasota - Manatee
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ListAgentEmail Jessica@ReRobbins.com
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ListAgentFullName Jessica Burdick
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ListAgentKey 92826feef592d704fd13d8087c5dcfe5
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ListAgentMlsId 281516025
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ListAgentPreferredPhone 941-302-4641
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ListOfficeKey 132b1833fe9e5eed3f79b832e30b24cd
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ListOfficeMlsId 281542613
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ListOfficeName LOYD ROBBINS & CO. LLC
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ListOfficePhone 941-957-9300
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ListingContractDate 2025-11-18
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ListingKey 0a7487f6b2aee798f88b60a7ed1406ed
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ListingKeyNumeric 775460404
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ListingTerms Cash, Conventional
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LotSizeArea 1.7
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LotSizeDimensions 266 x 311 x 218 x 364
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LotSizeSquareFeet 74052
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MLSAreaMajor 34234 - Sarasota
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MiddleOrJuniorSchool Booker Middle
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MlsStatus Active
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ModificationTimestamp April 17, 2026 at 05:54pm
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OnMarketDate 2025-11-19
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OriginalEntryTimestamp November 19, 2025 at 02:57pm
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OriginalListPrice 699000
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OriginatingSystemKey stellar
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OriginatingSystemName Stellar MLS
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Ownership Fee Simple
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ParcelNumber 0028040032
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PhotosChangeTimestamp November 19, 2025 at 03:02pm
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PhotosCount 7
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RoadSurfaceType Paved
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STELLAR_AlternateKeyFolioNum 0028040032
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STELLAR_CalculatedListPriceByCalculatedSqFt 9.44
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STELLAR_CensusBlock 2
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STELLAR_CensusTract 001101
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STELLAR_CurrentAdjacentUse Church
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STELLAR_CurrentPrice 699000
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STELLAR_FloodZoneCode AE
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STELLAR_ListOfficeContactPreferred 941-957-9300
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STELLAR_ListOfficeHeadOfficeKeyNumeric 691203256
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STELLAR_ListSource MATRIX
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STELLAR_ListSourceOriginal MATRIX
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STELLAR_MlsMajorChangeType New Listing
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STELLAR_OfficeIDXOfficeParticipationYN 1
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STELLAR_OfficeSyndicateTo Apartments.com, International MLS, Realtor.com, Zillow Rental, SkySlope Offers
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STELLAR_PricePerAcre 411176
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STELLAR_RATIO_CurrentPrice_By_CalculatedSqFt 9.44
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STELLAR_RealtorInfo Phase 1 Environmental Report
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STELLAR_SWSubdivCommunityName Newtown Farms
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STELLAR_ShowingRequirements Go Direct
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STELLAR_ThirdPartyYN 1
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STELLAR_TotalAcreage 1 to less than 2
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STELLAR_TotalAnnualFees 0
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STELLAR_TotalMonthlyFees 0
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STELLAR_WaterfrontFeetTotal 0
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Sewer None
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SourceSystemKey 775460404
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SpecialListingConditions None
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StateOrProvince FL
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StatusChangeTimestamp November 19, 2025 at 02:57pm
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StreetName LEONARD REID
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StreetSuffix AVENUE
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TaxAnnualAmount 3643.61
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TaxBookNumber 4-38
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TaxLegalDescription N 285.5 FT OF LOT 13 NEWTOWN FARMS
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TaxLot 13
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TaxYear 2024
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Utilities Electrical Nearby
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WaterSource None
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Zoning RMF2
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