Leonard Reid Ave, photo 1
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Overview

0 baLand
TypeLand
HOANone listed
Lot74,052 sqft

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About this home

Leonard Reid Ave is a home in Newtown Farms, Sarasota. Flood zone AE - confirm flood insurance requirements with your lender.

From the listing

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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The essentials

On market
335 days
Annual tax
$3,644
Flood zone
AE
Lot
74,052 sqft
Type
Land

At a glance

Payment

Est. monthly payment
$3,733/mo
Down payment (20%)
$120,000
Property taxes
$304/mo
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Land
Year Built
-
Lot
74,052 sqft
Cooling
-
Heating
-
Parking
-
Days on Market
335
Elementary
Gocio Elementary
Middle
Booker Middle
High
Booker High

Districts can re-zone, so verify directly with the district before relying on these.

Flood Zone AE
Annual Tax (2024)
$3,644
Parcel #
0028040032

Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.

Subdivision
Newtown Farms
County
Sarasota
MLS Area
34234 - Sarasota
Lot Size
74,052 sqft

Price history

Date
Event
Price
10/8/2026
Price change
Source: Stellar MLS #A4672595
$600,000-11.1%
-
Price change
Source: Stellar MLS #A4672595
$675,000-3.4%
11/18/2025
Listed for sale
Source: Stellar MLS #A4672595
$699,000

Neighborhood

Leonard Reid Ave
Sarasota, FL, 34234 · 34234 - Sarasota

Calculator

Est. monthly payment
$3,733/mo
Principal & interest$3,129
Property taxes$304
Insurance$300
Down payment20% · $120,000
Interest rate6.80%
Loan term

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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.

Quick answers.

Price

$600,000

Time on market

335 days

Monthly payment

About $3,733/mo

That is 20% down on a 30-year fixed at 6.8%, plus the home's $3,644 annual tax bill, insurance.

Flood zone

Zone AE

That is a high-risk designation, so a lender will normally require flood insurance. Confirm the current rate before you write an offer.

Have another question?

Brokered byLOYD ROBBINS & CO. LLCListing agent: Jessica BurdickListing data from Stellar MLS, MLS# A4672595.

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