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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. This location would be perfect for a small townhome community or a thoughtfully designed daycare facility for either children or adults. Phase I Environmental assessment has already been completed, streamlining the path toward development.
Property Highlights
Property Type: Land - Multiple
Lot Size: 1.70 Acres
Taxes: $3,643
General Information
County: Sarasota
High School: Booker High
Subdivision: NEWTOWN FARMS
Listed By:
Jessica Burdick
LOYD ROBBINS & CO. LLC
941-957-9300
MLS ID: A4672595
Property Features
Days on Site: 104
Directions: From US 301 & Dr Martin Luther King Jr Way, head North on US-301. Right on Myrtle St. Right on Leonard Reid Ave. Parcel is on your left past the 2 churches.
Flood Zone Code: AE
Home Warranty Y/N: No
Listing Terms: Cash, Conventional
Lot Dimensions: 1.7
Ownership: Fee Simple
Property Attached Y/N: No
Sewer: None
Showing Instructions: Go Direct
Special Sale Provisions: None
Utilities: Electrical Nearby
Water: None
Water Access Y/N: No
Zoning: RMF2
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Leonard Reid Avenue, Sarasota, FL 34234.
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Estimated Payment
$ 2,865.07 per month $2,357.61 Principal & Interest $303.58 Property Tax $203.88 Homeowner's InsuranceChange Payment Information
About this area
About Sarasota
Sarasota, FL is a cultural gem. Once home to the Ringling Brothers Circus, Sarasota boasts a rich arts scene that brings people from all over the area to enjoy world-class theater, music, and other performing arts. Sarasota is also a haven with spectacular scenery, turquoise water and white sandy beaches. It offers a delightful downtown with a variety of small boutiques and exceptional restaurants. With its dynamic culture and arts scene and incredible natural beauty, Sarasota is a wonderful place to call “home.”