Land - Real Estate in Sarasota
Listing Price: $675,000 (Mortgage Calculator →)Property Use:
Description of Property
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.
Property Details At A Glance
Property Type: Land
City: Sarasota
County: Sarasota
Subdivision: Newtown Farms
Annual Tax: $3,644
Taxes and fees can change periodically, and other fees may apply. Please check with your Suncoasteam agent for more details.
Schools
Elementary School: Gocio Elementary
Middle/Junior High School: Booker Middle
High School: Booker High
Sewer: None
Water Source: None
Lot Information
Lot Size (acres): 1.7
Lot Size (sq. ft.): 74,052 square feet
Lot Dimensions: 266 x 311 x 218 x 364
Current Adjacent Use: Church
Legal Description & Other Information
Financing Available: Conventional
Parcel Number: 0028040032
Zoning: RMF2
Tax Legal Desc.: N 285.5 FT OF LOT 13 NEWTOWN FARMS
Section: 8
Range: 18E
Listing courtesy of LOYD ROBBINS & CO. LLC. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.