Dr Martin Luther King Jr Way

Sarasota FL 34234

7575 sq. ft.

Land

Currently for sale - view listing

Overview

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.

Features

7575 sq. ft. lot size

Land

Property history for Dr Martin Luther King Jr Way

2026

Sold

$45,000

06 Feb 2026 by Eric Greenstein, of APPLE REAL ESTATE LLC

2025

Sold

$70,000

03 Feb 2025 by Pablo Lluveras Matos, of PEOPLE'S CHOICE REALTY SVC LLC

Happy sellers in Sarasota

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