Commercial Land with Dual Street
For Sale
$109,000
DR MARTIN LUTHER KING JR Way, Sarasota, FL 34234
Land, SARASOTA, FL
Property SizeContact for details
Lot Size0.17 Acres
Days on Market201
Property Features for DR MARTIN LUTHER KING JR Way
General Information
Property type
Land
Property subtype
Other
Zoning
CBN
Subdivision
NEWTOWN 1ST ADD TO
Directions
From US-301 S, turn right onto Dr. Martin Luther King Jr. Way and continue for approximately 9.8 miles. Property will be on your left.
Standard status
Active
APN
2024020104
Lot size
0.17 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
LOT 2 LESS THAT PART LYING ALG 33RD ST FOR RD ROW BLK 15 1ST ADD TO NEWTOWN
Tax Annual Amount
713
Legal Description
LOT 2 LESS THAT PART LYING ALG 33RD ST FOR RD ROW BLK 15 1ST ADD TO NEWTOWN
Utilities
Utilities
Water Available
Sewer type
Public Sewer
Water source
Public
Listing Agency:
PREFERRED SHORE LLC
(941) 999-1179
Listed By:
Amanda Andrews · License #3576665
(401) 390-5513
Added: Mar 10
Changed: Sep 17
Last Checked: Sep 26 at 2:06PM
MLS# TB8484737
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.
Investment Insights
Based on property information with market context.
This 0.17-acre commercial parcel contains approximately 7,575 square feet and is designated CBN for commercial use. Separate entrances from two streets provide multiple access points for site planning. The property’s current use is identified as 0010 - VACANT MULTI-FAMILY, while the source information also describes potential for a mixed-use project with commercial space below residential units. Any building facing Dr Martin Luther King Jr Way must include commercial space on the ground floor.
Public water and public sewer are available. The property is in Sarasota, with access to major roads, shopping, restaurants, and everyday services. No HOA is required, and flood insurance is not required. A survey is available. Short-term rentals are not permitted, and building requirements, zoning regulations, and development possibilities must be verified with Sarasota County.
Public water and public sewer are available. The property is in Sarasota, with access to major roads, shopping, restaurants, and everyday services. No HOA is required, and flood insurance is not required. A survey is available. Short-term rentals are not permitted, and building requirements, zoning regulations, and development possibilities must be verified with Sarasota County.
Key Highlights
- Approximately 7,575 SQ. FT. commercial parcel
- 0.17‑acre site zoned CBN
- Access from two streets with two separate entrances
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
836
Businesses Nearby
Explore this area
Business Placement
Demographics for 34234, FL
20,858
Population
10,257
Households
2
Avg Household Size
42
Median Age
28%
College-Educated
86%
High-School Grad
6.5 sq mi
ZIP Area
3,209
Density / Sq Mi
$56,607
Median Household Income
$33,536
Median Earnings
$1,352
Median Rent
$222,900
Median Home Value
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Frequently Asked Questions
What type of property is this?
Commercial land - CBN-zoned parcel with access from two streets plus public water and sewer service.
Where is this commercial 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 $109,000.
What are key features of this property?
This property features: Approximately 7,575 SQ. FT. commercial parcel; 0.17‑acre site zoned CBN; Access from two streets with two separate entrances
