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$109,000
5 Days On Site

DR MARTIN LUTHER KING JR WAY
SARASOTA, FL 34234

For Sale|Land|Active
Subdivision:
NEWTOWN 1ST ADD TO
County:
Sarasota
Call Now: (941) 444-5444
Is this the listing for you? We can help make it yours.
(941) 444-5444
DR MARTIN LUTHER KING JR WAYDR MARTIN LUTHER KING JR WAYDR MARTIN LUTHER KING JR WAYDR MARTIN LUTHER KING JR WAY
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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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Listing Snapshot
Price 
$109,000
Days On Site 
5 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.17 Acres
Year Built 
N/A
MLS® Number 
TB8484737
Status 
Active
Property Tax 
$712.96
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
4 days agoListing updated with changes from the MLS®
5 days agoStatus changed to Active
6 days agoListing first seen on site
General Features
Acres 
0.17
Additional Property Use 
Commercial
Sewer 
Public Sewer
Utilities 
Electricity AvailableWater Available
Water Source 
Public
Zoning 
CBN
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Exterior Features
Frontage 
50
Community Features
Financing Terms Available 
Cash
MLS Area 
34234 - Sarasota
Roads 
Asphalt
Township 
36S
Listing courtesy of PREFERRED SHORE LLC (401) 390-5513



Listing information is provided by Participants of the Stellar MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Properties displayed may be listed or sold by various participants in the MLS Copyright 2026, Stellar MLS.
Last checked: 2026-03-15 07:17 PM EDT

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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