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Active - Land for sale

LEONARD REID AVENUE, Sarasota, FL

Facts & features

Land Property type
361 days on Beycome
74,052 sqft Lot size

Why you’ll love it

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.

Translating description...

Listings courtesy of LOYD ROBBINS & CO. LLC as distributed by MLS GRID.

Listed by: Jessica Burdick • Jessica@ReRobbins.com • LOYD ROBBINS & CO. LLC

Co-listed by: LOYD ROBBINS & CO. LLC

Source: Stellar MLS as distributed by MLS GRID, MLS#: A4672595 Stellar MLS as distributed by MLS GRID logo

Based on info available as of Nov 13, 2026 at 12:33 PM EST.

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Affordability

$390,000$810,000
1%20%
0%90%
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Estimated monthly payment

$3,338/mo

  • Mortgage$3,034
  • Property tax$304
  • HOA fee
  • Homeowners insurance
Due at closing$477,000
Down payment held in escrow$120,000
Closing costs$9,000
beycome credit Est.$12,000

Beycome estimates only. Actual amounts and terms vary by lender and location.

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Travel times

About Newtown Farms

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This local overview has been generated by Artur AI, for informational purposes only. Please verify all details independently before relying on it.

Disclaimer

Based on information submitted to the MLS GRID as of Nov 13, 2026 at 12:33pm EST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

$600,000 Listed price

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