SARASOTA, FL 34234 DR MARTIN LUTHER KING JR WAY

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Presented By: PREFERRED SHORE LLC with 941-999-1179. - 941-999-1179
  • MLS# TB8484737
  • 03/10/2026
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Disclaimer: The information contained in this listing has not been verified by Homepride Group at EXP Realty and should be verified by the buyer.

Home Details

GREAT 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. Conveniently located with easy access to major roads, shopping, restaurants, and everyday amenities. Another benefit is NO HOA AND NO FLOOD INSURANCE REQUIRED, helping keep ownership costs lower. ZONING: CBN – COMMERCIAL PROPERTY USE: 0010 – VACANT MULTI-FAMILY Buyer is responsible for verifying all BUILDING REQUIREMENTS, ZONING REGULATIONS, AND DEVELOPMENT POSSIBILITIES WITH SARASOTA COUNTY.
Presented By: PREFERRED SHORE LLC with 941-999-1179. - 941-999-1179

Interior Features for DR MARTIN LUTHER KING JR WAY

Bathrooms

Total Baths

General for DR MARTIN LUTHER KING JR WAY

Additional Parcels Y/NNo
Building Area UnitsSquare Feet
CitySARASOTA
CountySarasota
Current UseCommercial
DirectionsFrom 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.
Flood Zone Codex
Flood Zone Code XY
Legal DescriptionLOT 2 LESS THAT PART LYING ALG 33RD ST FOR RD ROW BLK 15 1ST ADD TO NEWTOWN
Listing TermsCash
Living Area UnitsSquare Feet
Lot Size Square Feet7575
Lot Size UnitsSquare Feet
MLS Area34234 - Sarasota
OwnershipFee Simple
Property TypeLand
SewerPublic Sewer
Standard StatusActive
StatusActive
Subdivision NameNEWTOWN 1ST ADD TO
Tax Annual Amount712.96
Tax Lot2
Tax Year2025
UtilitiesElectricity Available, Water Available
Virtual TourClick here
Water Access Y/NNo
Water View Y/NNo
ZoningCBN

Exterior for DR MARTIN LUTHER KING JR WAY

Lot Dimensions50 x 154
Lot Size Acres0.17
Lot Size Area7575
Road Surface TypeAsphalt
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Schools

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

Steven Pugh

Broker Associate | Team Leader
Price $109,000
MLS#TB8484737
List Date 03/10/2026
Property Type Land
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