DR MARTIN LUTHER KING JR WAY Sarasota, FL $ 109,000
DR MARTIN LUTHER KING JR WAY
$ 109,000
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DR MARTIN LUTHER KING JR WAY

Sarasota, FL, 34234
$ 109,000
Baths0.0

Monthly Estimate*

$ 671

DR MARTIN LUTHER KING JR WAY, Sarasota, FL 34234 - Image 1
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DR MARTIN LUTHER KING JR WAY, Sarasota, FL 34234 - Image 7
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Studio

Lots and Land for sale in Sarasota, FL

for $109,000. The lot size is 0.17.

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.

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Lots and Land Active

Price

$ 109,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 712

Style

Lot Size

0.17

Town/City

Sarasota

County/Region

Sarasota

MLS | Web ID

TB8484737

Features
General
Sewer Public Sewer
Utilities Electricity Available Water Available
Zoning CBN
Tax Year 2025
Current Use Commercial
Ownership Fee Simple
County Sarasota
Property Type Land
Subdivision Name NEWTOWN 1ST ADD TO
Status Active
Directions From 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.
City SARASOTA
MLS Area 34234 - Sarasota
Lot Size Units Square Feet
Lot Size Square Feet 7575
Listing Terms Cash
Tax Annual Amount 712.96
Additional Parcels Y/N false
Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8484737
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Tax Lot 2
Legal Description LOT 2 LESS THAT PART LYING ALG 33RD ST FOR RD ROW BLK 15 1ST ADD TO NEWTOWN
Water Access Y/N false
Water View Y/N false
Flood Zone Code x
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Interior
Total Baths 0
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Exterior
Water Source Public
Lot Size Area 7575
Lot Dimensions 50 x 154
Lot Size Acres 0.17
Road Surface Type Asphalt
Waterfront Y/N false
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* Excluded Features
List By
Preferred Shore Llc

Broker

meamandaandrews@hotmail.com

Email

Affordability Calculator

$730
Per Month
92%
8%
0%
Monthly Principal & Interest
$671
Monthly Property Taxes
$59
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/11/2026$109,000 Listed Price

Map


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DR MARTIN LUTHER KING JR WAY, Sarasota, FL, 34234 is a Lots and Land for sale at $109,000 with a lot size of 0.17. DR MARTIN LUTHER KING JR WAY is a studio with 0.0 baths. The property's zip code is 34234 which is in Sarasota, FL