Pending

2100 Dr Martin Luther King Jr Way

SARASOTA, FL 34234
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SqFt55,550

Sqft(Lot)

Acres1.28

Acres(Lot)

Under contract-accepting backup offers. 1.28 ACRES IN PRIME SARASOTA LOCATION ZONED RMF2 (RESIDENTIAL MULTI FAMILY) READY FOR DEVELOPMENT!! Unlock the potential of this vacant residential lot in the heart of Sarasota! Zoned RMF2, this property allows for the development of up to 11 multi-family units with a....35 FOOT HEIGHT LIMIT, making it an ideal investment for builders and developers looking to capitalize on Sarasota’s thriving real estate market. Key Features: Prime Location – Just minutes from downtown Sarasota and World-Famous Beaches, offering easy access to shopping, dining, entertainment, and cultural attractions. Multi-Family Potential – RMF2 zoning permits high-density residential development, perfect for rental properties or condominiums. Convenient Access – Close to major ro ads, including US-41, ensuring seamless connectivity to surrounding areas. Growing Community – Sarasota is a sought-after destination with strong demand for housing, making this an excellent investment opportunity.

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Detail Ic Property Details

Property Type : Land

Price : $340,000

AD Id : 68639837

MLS Id : MFRA4671656

Lot Size : 1.28 Acres(Lot)

Living Area Size : 55,550

County : Sarasota

Subdivision: Humphreys Sub

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Feature Features

  • Water Source

    WaterSource: Public

  • Lot Information

    Lot Dimensions: 192x294 Lot Square Feet: 55550 Lot Acres: 1.28 Lot Size (SqMt): 5161

    Property Information

    Property Type: Land

  • Listing Price Information

    Original List Price:$425000

  • Tax Information

    Tax Book Number: 5-6 Tax Lot: 1 Tax Legal Description: BEG AT NW COR OF LOT 1 TH E 191 FT ALG N LINE OF SAID LOT 1 TH SELY & PARALLEL TO WLY LINE OF SAID LOT 293.5 FT M/L TO S LINE OF SAID LOT 1 TH W 191 FT ALG S LINE OF SAID LOT TO WLY LINE OF LOT TH Annual Tax: $2529.73 Tax Year: 2024 Parcel Number: 0043040012

  • Utility Information

    Public Sewer: Public Sewer Water Source: Public
  • Location Information

    Subdivision: HUMPHREYS SUB City: SARASOTA Direction: Going north on US 301 from Downtown Sarasota turn right on Dr. Martin Luther King Blvd. Property is just over the railroad tracks on the right.
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
4122 N Lockwood Ridge R.., Sarasota, FL, 34234 $1,100,000 -- -- 87,120 2 Acres(Lot)
4116 Locust Avenue, Sarasota, FL, 34234 $250,000 -- -- 17,850 0.41 Acre(Lot)
17th Street, Sarasota, FL, 34234 $115,000 -- -- 4,762 0.11 Acre(Lot)
Leonard Reid Avenue, Sarasota, FL, 34234 $699,000 -- -- 74,052 1.70 Acres(Lot)
1792 Midlothian Street, Sarasota, FL, 34234 $69,900 -- -- 3,406 0.08 Acre(Lot)
Dr Martin Luther King J.., Sarasota, FL, 34234 $109,000 -- -- 7,575 0.17 Acre(Lot)
1626 22nd Street, Sarasota, FL, 34234 $250,000 -- -- 7,328 0.17 Acre(Lot)
4913 Oakland Hills Avenue, Sarasota, FL, 34234 $49,000 -- -- 4,188 0.10 Acre(Lot)
1484 22nd Street, Sarasota, FL, 34234 $135,900 -- -- 10,764 0.25 Acre(Lot)
1472 22nd Street, Sarasota, FL, 34234 $104,900 -- -- 6,061 0.14 Acre(Lot)
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ByOwner last updated this listing 06/24/2026 @ 06:20

MLS: MFRMLS #A4671656 LISTED BY: Brian Gibson, WHITE SANDS REALTY GROUP FL 941-260-3350 SOURCE: MFRMLS (My Florida Regional MLS DBA Stellar MLS) (Listings courtesy of MFRMLS (My Florida Regional MLS DBA Stellar MLS) as distributed by MLS GRID)

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