Dr Martin Luther King Jr Way, Sarasota, FL 34234

Local realty services provided by:Better Homes and Gardens Real Estate Atchley Properties
Dr Martin Luther King Jr Way,Sarasota, FL 34234
$425,000
Virtual Tour
  • 1.28 Acres
  • Lots / Land
  • Active
Listed by: brian gibson
Office: white sands realty group fl
MLS#:A4671656
Source:MFRMLS

Price summary

  • Price:$425,000

About this home

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 roads, 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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Home facts

  • Listing ID #:A4671656
  • Added:2 day(s) ago
  • Updated:November 15, 2025 at 03:04 PM

Structure and exterior

  • Lot area:1.28 Acres

Utilities

  • Water:Public
  • Sewer:Public, Public Sewer

Finances and disclosures

  • Price:$425,000
  • Tax amount:$2,530 (2024)
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