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Leonard Reid ave 1.7 Acres of Commercial Land Offered at $949,941 CAD 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, zoning allows for 9 units/acre. A thoughtfully designed daycare facility for either children or adults would be a great addition to the area with a special exception. A Phase I Environmental assessment has already been completed, streamlining the path toward development.
Financial Summary (Actual - 2025) Click Here to Access |
Annual (CAD) | Annual Per AC (CAD) |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
Property Facts
1 Lot Available
Lot 13
| Price | $949,941 CAD | Lot Size | 1.70 AC |
| Price Per AC | $558,788.81 CAD |
| Price | $949,941 CAD |
| Price Per AC | $558,788.81 CAD |
| 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 CAD |
| Land Assessment | $426,333 CAD | Total Assessment | $426,333 CAD |
Property Taxes
Parcel Number
0028-04-0032
Land Assessment
$426,333 CAD
Improvements Assessment
$0 CAD
Total Assessment
$426,333 CAD
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Leonard Reid ave
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