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.
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.
Property Details
Price:
$109,000
MLS #:
TB8484737
Status:
Active
Beds:
0
Baths:
0
Type:
Land
Subdivision:
NEWTOWN 1ST ADD TO
Neighborhood:
34234sarasota
Listed Date:
Mar 10, 2026
Lot Size:
7,575 sqft / 0.17 acres (approx)
See this Listing
Schools
Interior
Exterior
Financial
Tax Year
2025
Taxes
$713
Map
Community
- Address0 DR MARTIN LUTHER KING JR WAY SARASOTA FL
- SubdivisionNEWTOWN 1ST ADD TO
- CitySARASOTA
- CountySarasota
- Zip Code34234
Market Summary
Property Summary
- Located in the NEWTOWN 1ST ADD TO subdivision, 0 DR MARTIN LUTHER KING JR WAY SARASOTA FL is a Land for sale in SARASOTA, FL, 34234. It is listed for $109,000 and features 0 acres. To schedule a showing of MLS#tb8484737 at 0 DR MARTIN LUTHER KING JR WAY in SARASOTA, FL, contact your InvestPro Properties, Inc. agent at 561-203-7022.
Similar Listings Nearby
Courtesy of PREFERRED SHORE LLC. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Orlando/Tampa – FL. Detailed information about real estate listings held by brokerage firms other than InvestPro Properties, Inc. include the name of the listing broker. Neither the listing company nor InvestPro Properties, Inc. shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. Orlando/Tampa – FL. All rights reserved. 0 DR MARTIN LUTHER KING JR WAY
SARASOTA, FL