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    Dr Martin Luther King Jr Way Sarasota, FL 34234

    For Sale
    $425,000

    Land - SARASOTA, FL

    Lot size:
    1.28 Acres
    Days on Market:
    28
    Last Refresh:
    Dec 9 at 11:06 pm

    Property Features for Dr Martin Luther King Jr Way

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    RMF2
    APN
    0043040012
    Lot size
    1.28 Acres

    Building Details

    Architectural style
    Other

    White Sands Realty Group Florida (941) 345-3953 [email protected]

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

    Listing date Nov 12, 2025

    MLS# A4671656 Listing URL

    Copyright © 2025 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.

    Overview

    Sarasota Land Ready For Development

    This 1.28-acre vacant residential lot is located in Sarasota and is zoned RMF2 (Residential Multi Family), allowing for the development of up to 11 multi-family units with a 35-foot height limit. The property is positioned as an investment for builders and developers. Its location is just minutes from downtown Sarasota and beaches, providing access to shopping, dining, entertainment, and cultural attractions. The property is close to major roads, including US-41, ensuring connectivity to surrounding areas. Sarasota is described as a sought-after destination with strong demand for housing.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Sarasota
    County
    Manatee
    State
    Florida
    Longitude
    -82.52725238
    Latitude
    27.35927832

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    FAQs

    What type of property is this?
    Land - 1.28 acres in prime location, ready for development.
    Where is this land located?
    The property is located at Dr Martin Luther King Jr Way Sarasota, FL.
    What is the asking price?
    The asking price for this property is $425,000.
    What are key features of this property?
    This property features: - Prime Sarasota location, minutes from downtown and beaches.; - Zoned RMF2, allowing development of up to 11 multi-family units.; - Excellent investment opportunity in a growing community with high housing demand.
    (941) 260-3350
    Request Owner's contact information
    Dr Martin Luther King Jr Way Sarasota, FL 34234
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Dr Martin Luther King Jr Way Sarasota, FL 34234
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