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2154 Dr Martin Luther King Jr Way Sarasota, FL 34234

Sponsored
For Sale
$215,000

Land - SARASOTA, FL

Lot size:
0.50 Acres
Days on Market:
5
Last Refresh:
Feb 16 at 4:06 am

Property Features for 2154 Dr Martin Luther King Jr Way

General Information

Property type
Land
Property subtype
Other
Standard status
Active
Zoning
RMF2
APN
0043040010
Lot size
0.50 Acres

Building Details

Architectural style
Other

We can help!

Listing Contact
Brian Gibson

White Sands Realty Group Florida (941) 345-3953

Listing agent Brian Gibson (941) 260-3350 License #3447608

Listing date Feb 12, 2026

MLS# A4682128 Listing URL

Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

Sarasota Multifamily Development Opportunity

This vacant residential lot presents a development opportunity in Sarasota. The property is a 0.496-acre parcel, which equals 21,590 square feet. It is located in the Humphreys Subdivision and zoned Residential Multi Family RMF 2, allowing for the construction of up to four multifamily units. The property is positioned directly beside an additional 1.28-acre parcel that is also for sale. The neighboring parcel is also zoned RMF 2 and allows for up to eleven multifamily dwellings. Combined, the two parcels provide the opportunity to develop up to 15 units. The location provides proximity to various destinations, including downtown Sarasota (five minutes), Lido Beach (ten to twelve minutes), and Siesta Key (fifteen minutes). The site also offers quick access to shopping, dining, cultural venues, and major roadways. The zoning and location make it suitable for multifamily residences, long or short-term rentals, or modern townhomes.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Residential land & home ...

Map

City
Sarasota
County
Manatee
State
Florida
Longitude
-82.52664084
Latitude
27.35943078

FAQs

What type of property is this?
Residential land & home lot - Vacant residential lot near downtown and beaches.
Where is this residential land & home lot located?
The property is located at 2154 Dr Martin Luther King Jr Way Sarasota, FL.
What is the asking price?
The asking price for this property is $215,000.
What are key features of this property?
This property features: - Prime location: Just 5 minutes to Downtown Sarasota.; - RMF 2 zoning allows for multifamily development of up to 4 units.; - Development opportunity: Option to combine with adjacent parcel to develop up to 15 units.
More about this property
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