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Leonard Reid ave 1.7 Acres of Commercial Land Offered at $699,000 in Sarasota, FL 34234
INVESTMENT HIGHLIGHTS
- Prime development location
- 1 block off busy US-301
- Future site of legacy trail adjacent to property
EXECUTIVE SUMMARY
This location would be perfect for a small townhome community or a thoughtfully designed daycare facility for either children or adults. A Phase I Environmental assessment has already been completed, streamlining the path toward development.
FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access |
ANNUAL | ANNUAL PER AC |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
PROPERTY FACTS
1 LOT AVAILABLE
Lot 13
| Price | $699,000 | Lot Size | 1.70 AC |
| Price Per AC | $411,176.47 |
| Price | $699,000 |
| Price Per AC | $411,176.47 |
| Lot Size | 1.70 AC |
1.7-acre vacant parcel. Raw Land. Zoned RMF2.
DESCRIPTION
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.
PROPERTY TAXES
| Parcel Number | 0028-04-0032 | Improvements Assessment | $0 (2024) |
| Land Assessment | $312,300 (2024) | Total Assessment | $312,300 (2024) |
PROPERTY TAXES
Parcel Number
0028-04-0032
Land Assessment
$312,300 (2024)
Improvements Assessment
$0 (2024)
Total Assessment
$312,300 (2024)
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Leonard Reid ave
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