DR MARTIN LUTHER KING JR WAY, Sarasota, FL 34234
DR MARTIN LUTHER KING JR WAY, Sarasota, FL 34234
DR MARTIN LUTHER KING JR WAY, Sarasota, FL 34234
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Team At The Comerford Group

Team At The Comerford Group

+1(941) 586-3229
$109,000
Est. payment /mo
7,405 Sqft Lot
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UPDATED:

Key Details

Property Type Vacant Land

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Subdivision Newtown 1St Add To

MLS Listing ID TB8484737

HOA Y/N No

Annual Tax Amount $712

Lot Size 7,405 Sqft

Acres 0.17

Lot Dimensions 50x154

Property Sub-Type Commercial

Source Stellar MLS

Property Description

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. Per zoning, 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.

Location

State FL

County Sarasota

Community Newtown 1St Add To

Area 34234 - Sarasota

Zoning CBN

Exterior

Utilities Available Electricity Available, Water Available

Building

Lot Size Range 0 to less than 1/4

Sewer Public Sewer

Water Public

Others

Ownership Fee Simple

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8484737

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Stellar MLS
© 2026 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Listed by Amanda Andrews PREFERRED SHORE LLC

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DR MARTIN LUTHER KING JR WAY

Team At The Comerford Group
Team At The Comerford Group

Team Leader | Broker Associate | License ID: BK3455404

+1(941) 586-3229 | team@thecomerfordgroupfl.com

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