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Medical Campus Land Site
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2046 Dr Martin Luther King Way, Sarasota, FL 34234

4.73-acre medical campus site near U.S. Highway 301/North Washington Boulevard in Sarasota.

Property SizeContact for details
Lot Size4.73 Acres
Days on Market240

Property Features for 2046 Dr Martin Luther King Way

General Information

Standard status Active
Lot size 4.73 Acres
Property subtype LAND

Additional Details

Opportunity Zone Yes
Highway Access Yes
Listing Agency: Ian Black Real Estate, LLC
Listed By: Ian Black
Source: Moodyscre
Added: Dec 8, 2025 Changed: Jul 25 Last Checked: Aug 4 at 1:07PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Ian Black Real Estate, LLC

Investment Insights

Based on property information with market context.

The 4.73-acre Newtown Gateway medical campus site is offered for sale and is suited to development aligned with a medical campus concept. The property is located within the Newtown Community Redevelopment Area and in a federal Opportunity Zone.

The site is north of downtown Sarasota and just east of U.S. Highway 301/North Washington Boulevard, an area that includes ongoing residential development. It also provides direct access to downtown and the Sarasota-Bradenton International Airport, with Gulf Coast beaches, Lakewood Ranch, and Ringling College of Art + Design described as nearby.

Given its location within the redevelopment area and Opportunity Zone, qualifying buyers may be eligible for financial incentives and tax abatements.

Key Highlights

  • 4.73‑acre Newtown Gateway medical campus site in Sarasota
  • Site is north of downtown Sarasota, just east of U.S. Highway 301/North Washington Boulevard
  • Located within the Newtown Community Redevelopment Area

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Dental Office Real Estate Agency Law Firm Skin Care Clinic Hair Salon Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

504
Businesses Nearby

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - 4.73-acre medical campus site near U.S. Highway 301/North Washington Boulevard in Sarasota.
Where is this commercial land located?
The property is located at 2046 Dr Martin Luther King Way Sarasota, FL.
What are key features of this property?
This property features: 4.73‑acre Newtown Gateway medical campus site in Sarasota; Site is north of downtown Sarasota, just east of U.S. Highway 301/North Washington Boulevard; Located within the Newtown Community Redevelopment Area
(941) 586-3456 Call to check price and availability
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