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Property for sale at LEONARD REID AVENUE, SARASOTA, FL, 34234
Property for sale at LEONARD REID AVENUE, SARASOTA, FL, 34234
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Leonard Reid AvenueSarasota, FL, 34234

1.7 acresLot size
Land
$600,000
For sale
$699,000−$99,000 (14%)
Days on market
337
Listed
Nov 19, 2025
Last reduction
−$75,000
Oct 8, 2026
MLS #A4672595Updated Oct 8, 2026

About this property

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.

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Property details

Property type
Land
Street address
Leonard Reid Avenue
City
Sarasota
State
FL
ZIP code
34234

Stellar MLSThe data relating to real estate displayed on this website comes in part from the Internet Data Exchange (IDX) Program of Stellar MLS. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; the availability of any listing should always be independently verified. Listing information is provided for consumers' personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law.Stellar (MFR) data last updated at October 20, 2026 at 8:01 AM EDT

Price & sale history

Asking price reduced by $99,000 (14.2%) since first listed.

EventPrice
Price reducedMLS #A4672595$600,000Change: −14.2%−$99,000
Listed for saleMLS #A4672595$699,000
History may be incomplete.
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Location

Property for sale at LEONARD REID AVENUE, SARASOTA, FL, 34234
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