- Land
- 11,055 sqft
Leonard Reid AvenueSarasota, FL, 34234
- Days on market
- 337
- Listed
- Nov 19, 2025
- Last reduction
- −$75,000
- 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.

Property details
- Property type
- Land
- Street address
- Leonard Reid Avenue
- City
- Sarasota
- State
- FL
- ZIP code
- 34234
Price & sale history
Asking price reduced by $99,000 (14.2%) since first listed.
| Date | Event | Price | Change from previous recorded asking price |
|---|---|---|---|
| Price reducedMLS #A4672595 | $600,000Change: −14.2%−$99,000 | −14.2%−$99,000 | |
| Listed for saleMLS #A4672595 | $699,000 | Not applicable |
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