$600,000
ActiveLeonard Reid Ave, Sarasota, FL 34234 · MLS# A4672595
1.7 acre lot
Listing courtesy of LOYD ROBBINS & CO. LLC · MLS# A4672595
343 days on market
Refreshed from the Stellar MLS feed . This listing’s MLS record last changed .
About this home
What’s special
- 1.7 acres undeveloped land
- RMF-2 zoning
- 265 feet frontage
- Development potential
- Legacy Trail expansion
AI-selected highlights from the listing description below.
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.
Facts
- Property type
- Land
- Lot size
- 1.7 acres
- Flood zone
- AE
- Annual taxes
- $3,644/yr
- Listed
- Nov 18, 2025
- MLS #
- A4672595
Price & status history
- Listed for $699,000
- Price reduced to $675,000
- Price reduced to $600,000
Virtual tour
- Video tour on YouTubeyoutu.be
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Estimate the monthly payment
Estimate by Lasbury Tracy Realty — not a loan offerStarting figures for LEONARD REID AVE. Everything below is editable.
AssumptionNot a quoted rate. Ask a lender what you actually qualify for today.
From this listingThe seller's most recent annual tax bill as reported to the MLS. Your bill will differ — Florida reassesses on sale and homestead caps reset.
Editable estimateA placeholder, not a quote. On the Gulf Coast this is the line item most likely to be wrong: premiums swing on roof age, wind mitigation, elevation, and carrier appetite. Get a real quote before you rely on this number.
Starts at $0Deliberately zero until you enter a figure — we will not inflate a payment with a guess. Many homes here need it; ask us for the property's flood zone and the current policy's premium.
Include condo, HOA, and master-association dues. CDD assessments usually arrive on the tax bill instead.
AssumptionNot applied — your down payment is 20% or more.
Estimated total monthly payment
$3,838
$3,034 of that is principal & interest. 21% is taxes, insurance and fees — which is why those inputs matter more here than the rate does.
- Principal & interest
- $3,034
- Property taxes
- $304
- Homeowners insurance
- $500
- Flood insurance
- $0
- HOA / condo fees
- $0
- Mortgage insurance (PMI)
- $0
- Total per month
- $3,838
Over the life of the loan
- Loan amount
- $480,000
- Down payment
- $120,000
- Total interest
- $612,214
- Principal + interest paid
- $1,092,214
- Paid off in
- 2056
Interest is the exact schedule total for a fixed-rate loan held to term and assumes no extra payments. Taxes, insurance and fees are not included in these lifetime figures because they change every year.
Calculated on this page from the figures above — nothing is sent anywhere and no lender is quoting you. Figures are estimates for planning only, not a pre-approval, commitment to lend, or a statement of the taxes and insurance you will actually be charged. Lasbury Tracy Realty Inc. is a real estate brokerage, not a lender or an insurance agent.
Take a tour
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Leonard Reid Ave, Sarasota, FL 34234
Listing courtesy of LOYD ROBBINS & CO. LLC · MLS# A4672595 · Active
Where this home is
Opens on aerial — on this coast the canal, the lot and the neighbours answer more questions than a street grid does.
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