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Active Land

0 DR MARTIN LUTHER KING JR WAY

Sarasota, FL 34234

STELLAR #TB8484737 Updated: May 12, 2026, 8:23pm
$109,000
0 Beds • 0 Baths • 0 SqFt
Property
ActiveLand
1/7
$109,000

0 DR MARTIN LUTHER KING JR WAY

Sarasota, FL 34234
0
Beds
0
Baths
0
SqFt
0.17
Acres
STELLAR
#TB8484737
Updated: May 12, 2026, 8:23pm

Property Description

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.
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Property Details

Site & Exterior
Current Use
Unimproved
Flood Zone Code
x
I D X Participation
Yes
Lot Size Acres
0.17
Lot Size Area
7575
Lot Size Dimensions
50 x 154
Lot Size Square Feet
7575
Lot Size Units
Square Feet
Public Survey Range
18E
Public Survey Section
18
Road Surface Type
Asphalt
Sewer
Public Sewer
Total Acreage
0 to less than 1/4
Utilities
Electricity AvailableWater Available
Water Source
Public
Zoning
CBN
Financials
Calculated List Price By Calculated Sq Ft
14.39
Contract Status Change Date
2026-03-10
Current Price
109000
Feed Types
BBO
Ownership
Fee Simple
Parcel Number
2024020104
Price Per Acre
641176
Public Survey Township
36S
Tax Annual Amount
712.96
Tax Block
15
Tax Book Number
A-53
Tax Legal Description
LOT 2 LESS THAT PART LYING ALG 33RD ST FOR RD ROW BLK 15 1ST ADD TO NEWTOWN
Tax Lot
2
Tax Year
2025
Construction
Building Area Units
Square Feet
Living Area Units
Square Feet

Neighborhood & Lifestyle

Community & Association
M L S Area Major
34234 - Sarasota
S W Subdiv Community Name
Newtown
Subdivision Name
NEWTOWN 1ST ADD TO
Listing provided courtesy of STELLAR via IDX. Updated: May 12, 2026, 8:23pm.
Amanda Andrews

Listing Agent

PREFERRED SHORE LLC

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