2154 DR MARTIN LUTHER KING JR WAY, Sarasota, FL 34234

Building Details

Architectural style

Other

Listing agent Brian Gibson License #3447608 Show Phone

Listing office WHITE SANDS REALTY GROUP FL m***@whitesandsfl.com 1990 Main Street, Sarasota, FL Show Phone

Listing date Feb 10, 2026

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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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Overview

This vacant residential lot, spanning 0.496 acres (21,590 sq ft), presents a prime development opportunity in Sarasota. Zoned RMF 2, the property allows for the construction of up to four multifamily units. Situated in the Humphreys Subdivision, the site is designated for Residential Multi Family use. Located near downtown Sarasota and beaches, the property offers proximity to shopping, dining, cultural venues, and major roadways. The location provides convenient access to various destinations, including a five-minute drive to Downtown Sarasota, ten to twelve minutes to Lido Beach, and fifteen minutes to Siesta Key. This site is suitable for constructing income-producing housing in a high-demand area. An adjacent 1.28-acre parcel, also zoned RMF 2 and for sale, allows for up to eleven multifamily dwellings. Combined, the two parcels provide the opportunity to develop up to 15 units.

Map

City

Sarasota

County

Manatee

State

Florida

Longitude

-82.5266408

Latitude

27.3594308

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FAQs

What type of property is this?

Residential land & home lot - Multifamily development site 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 development opportunity in Sarasota's rapidly growing corridor.; RMF 2 zoning allows for multifamily development, up to 4 units.; Potential to combine with adjacent 1.28‑acre parcel for up to 15 units.