Dr Martin Luther King Jr Way, Sarasota, FL 34234

Sarasota
Local realty services provided by:Better Homes and Gardens Real Estate Atchley Properties
Dr Martin Luther King Jr Way,Sarasota, FL 34234
$109,000
Virtual Tour
  • 0.17 Acres
  • Lots / Land
  • Active
Listed by: amanda andrews, mariana rascassi
Office: preferred shore llc.
MLS#:TB8484737
Source:MFRMLS

Price summary

  • Price:$109,000

About this home

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. Per zoning, 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 INSURANCE REQUIRED, helping keep ownership costs lower. SURVEY AVAILABLE. Short-term rentals are not permitted. Buyer is responsible for verifying all BUILDING REQUIREMENTS, ZONING...

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Home facts

  • Listing ID #:TB8484737
  • Added:45 day(s) ago
  • Updated:April 25, 2026 at 02:32 PM

Structure and exterior

  • Lot area:0.17 Acres
  • Levels:1 Story

Utilities

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

Finances and disclosures

  • Price:$109,000
  • Tax amount:$713 (2025)

Features and amenities

  • Amenities:Electricity Available
  • Pool features:Public Pool
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