Dr Martin Luther King Jr Way
SARASOTA, FL 34234
7,575Sqft(Lot)
0.17Acre(Lot)
WHAT AN OPPORTUNITY TO OWN A COMMERCIAL LOT in a CENTRALLY LOCATED AREA OF SARASOTA, just MINUTES FROM DOWNTOWN. The lot offers ACCESS FROM TWO STREETS WITH TWO SEPARATE ENTRANCES, providing flexibility when planning future development. The lot features approximately 7,575 SQ. FT. and is zoned CBN – COMMERCIAL. The current property use is 0010 – VACANT MULTI-FAMILY, offering several possibilities for future use. One potential concept could be building OFFICES OR RETAIL SPACE ON THE FIRST FLOOR WITH APARTMENTS ON THE SECOND FLOOR, creating a mixed-use opportunity. Any building facing MLK must include commercial space on the ground floor. CONVENIENTLY LOCATED with easy access to major roads, shopping, restaurants, and everyday amenities. Another benefit is NO HOA AND NO FLOOD INSURA
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Water Source
WaterSource: Public
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Lot Information
Lot Dimensions: 50x154 Lot Square Feet: 7575 Lot Acres: 0.17 Lot Size (SqMt): 704Property Information
Property Type: Land
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Listing Price Information
Original List Price:$109000
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Tax Information
Tax Block: 15 Tax Book Number: A-53 Tax Lot: 2 Tax Legal Description: LOT 2 LESS THAT PART LYING ALG 33RD ST FOR RD ROW BLK 15 1ST ADD TO NEWTOWN Annual Tax: $712.96 Tax Year: 2025 Parcel Number: 2024020104
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Virtual Tour
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Utility Information
Electricity Available, Water Available Sewer: Public Sewer Water Source: Public -
Location Information
Subdivision: NEWTOWN 1ST ADD TO City: SARASOTA Direction: From US-301 S, turn right onto Dr. Martin Luther King Jr. Way and continue for approximately 9.8 miles. Property will be on your left.
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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) |
| 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) |
| 5254 Pebble Beach Avenue, Sarasota, FL, 34234 | $59,900 | -- | -- | 3,251 | 0.07 Acre(Lot) |
Similar Land To Dr Martin Luther King Jr Way
Nearby For Sale
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ByOwner last updated this listing 06/23/2026 @ 06:20
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