Newtown Land Development
For Sale
$600,000
LEONARD REID, Sarasota, FL 34234
1.7-acre parcel suitable for multi-family or commercial development.
Property SizeContact for details
Lot Size1.70 Acres
Days on Market334
Property Features for LEONARD REID
General Information
Standard status
Active
Lot size
1.70 Acres
Property subtype
Land
Taxes and HOA fees
Annual Taxes
$3,643
Listed By:
Jessica Burdick
(941) 302-4641
Source:
Elliman
Added: Nov 28, 2025
Changed: Oct 27
Last Checked: Oct 26 at 4:16PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Jessica Burdick
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Investment Insights
Based on property information with market context.
This 1.7-acre parcel presents a multi-family development opportunity in Newtown. The property is located one block east of US-301, 2.5 miles from downtown Sarasota, and 3 miles from SRQ International Airport. It is situated directly across from Dreamers Academy and two blocks from Booker Middle School. The future expansion of the Legacy Trail is planned to run behind the property. The site is suitable for a small townhome community or a daycare facility. A Phase I Environmental assessment has been completed.
Key Highlights
- Versatile 1.7‑acre parcel suitable for multi‑family development, townhomes, or daycare facility.
- Prime location: one block from US‑301, near downtown Sarasota and SRQ International Airport.
- Future Legacy Trail expansion will run directly behind the property.
Property Analytics
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Open Analytics
Location Intelligence
Trade Area within ½ mile
618
Businesses Nearby
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Business Placement
Demographics for 34234, FL
20,858
Population
10,257
Households
2
Avg Household Size
42
Median Age
28%
College-Educated
86%
High-School Grad
6.5 sq mi
ZIP Area
3,209
Density / Sq Mi
$56,607
Median Household Income
$33,536
Median Earnings
$1,352
Median Rent
$222,900
Median Home Value
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Frequently Asked Questions
What type of property is this?
Land - 1.7-acre parcel suitable for multi-family or commercial development.
Where is this land located?
The property is located at LEONARD REID Sarasota, FL.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: Versatile 1.7‑acre parcel suitable for multi‑family development, townhomes, or daycare facility.; Prime location: one block from US‑301, near downtown Sarasota and SRQ International Airport.; Future Legacy Trail expansion will run directly behind the property.
