Dr Martin Luther King Jr Way, SARASOTA, FL 34234

Local realty services provided by:Better Homes and Gardens Real Estate Thomas Group
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Dr Martin Luther King Jr Way,SARASOTA, FL 34234
$125,000
Virtual Tour
  • 0.22 Acres
  • Lots / Land
  • Active
Listed by:renne' rupp, pllc
Office:compass florida llc.
MLS#:A4657664
Source:MFRMLS

Price summary

  • Price:$125,000

About this home

Prime development Parcel in the Newtown Area – Sarasota, FL. Strategically located within the heart of the Newtown, this 9,728 sq ft parcel on Dr. Martin Luther King Jr. Way presents a high-impact opportunity for forward-thinking development in one of Sarasota’s most historically significant and economically revitalizing neighborhoods. Zoned CBN (Commercial Business Newtown), this property supports a wide range of uses—including mixed-use, retail, live/work, multifamily, and community-serving enterprises—all designed to align with the Newtown Community Redevelopment Plan. The lot sits along a prominent commercial corridor with direct access to US-301, downtown Sarasota, and public transit routes, making it ideal for projects that seek to activate and engage the local economy. Situated on a visible corner in the Newtown 1st Addition subdivision, and surrounded by local businesses, civic centers, and ongoing public-private initiatives, this site is primed for investment that

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Home facts

  • Listing Id #:A4657664
  • Added:34 day(s) ago
  • Updated:August 14, 2025 at 11:45 AM

Structure and exterior

  • Lot area:0.22 Acres

Schools

  • High school:Riverview High
  • Middle school:McIntosh Middle
  • Elementary school:Brentwood Elementary

Utilities

  • Water:Public, Water Available
  • Sewer:Public Sewer, Sewer Available

Finances and disclosures

  • Price:$125,000
  • Tax amount:$434 (2024)
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