Leonard Reid Ave

Leonard Reid Ave, Sarasota, FL 34234

Property Information

  • For Sale $699,000
  • Property Type VacantLand
  • Lot Size 1.7 Acre
  • Date Updated Apr 11, 2026

Description

1 block East of US301 between Dr Martin Luther King Way & Myrtle St in the bustling Newton district. Just 2 miles from Sarasota Bay, 2.5 miles from Downtown Sarasota and 3 miles from SRQ International Airport.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, zoning allows for 9 units/acre. A thoughtfully designed daycare facility for either children or adults would be a great addition to the area with a special exception. A Phase I Environmental assessment has already been completed, streamlining the path toward development.

Contacts

Location

Located at Leonard Reid Ave, Sarasota, FL 34234, this property is part of the Newtown Estates neighborhood and Southwest Florida Coast market.

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