SARASOTA, FL 34234 0 DR MARTIN LUTHER KING JR WAY
$109,000



2 more


Presented By: PREFERRED SHORE LLC with 941-999-1179. - 941-999-1179
Home Details
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 INSURANCE REQUIRED, helping keep ownership costs lower.
SURVEY AVAILABLE.
Short-term rentals are not permitted. 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 0 DR MARTIN LUTHER KING JR WAY
Bathrooms
Total Baths
General for 0 DR MARTIN LUTHER KING JR WAY
Additional Parcels Y/NNo
Building Area UnitsSquare Feet
CitySARASOTA
CountySarasota
Current UseUnimproved
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 0 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
Liseth Ferraro
Realtor®
