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Tammy Hall

tammy@tammyhallhomes.com +1(386) 473-2757

$ 675,000

Est. payment | -/mo

1.7 Acres Lot

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$ 675,000

Est. payment | -/mo

Save Virtual Tour

1.7 Acres Lot

Key Details

Property Type Multi-Family, Multi Unit, Duplex/Multi Unit Lot

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Subdivision Newtown Farms

MLS Listing ID A4672595

HOA Y/N No

Annual Tax Amount $3,643

Lot Size 1.700 Acres

Acres 1.7

Lot Dimensions 266x311x218x364

Property Sub-Type Multi Family

Source Stellar MLS

Property Description

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.

Location

State FL

County Sarasota

Community Newtown Farms

Area 34234 - Sarasota

Zoning RMF2

Exterior

Utilities Available Electrical Nearby

View Y/N No

Water Access No

Building

Lot Size Range 1 to less than 2

Sewer None

Water None

Schools

Elementary Schools Gocio Elementary

Middle Schools Booker Middle

High Schools Booker High

Others

Ownership Fee Simple

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

Virtual Tour https://youtu.be/oNVyy-EmGjo?si=imkXTgkyKqrK3fUG

Listed by Jessica Burdick LOYD ROBBINS & CO. LLC

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LEONARD REID AVE Sarasota, FL 34234