Commercial Land with Dual
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 Market178
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: Aug 21
Last Checked: Sep 3 at 2:06AM
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 CBN-zoned commercial land parcel contains approximately 7,575 square feet across 0.17 acres. Access is available from two streets through separate entrances, providing flexibility for site planning. The current property use is identified as 0010 - Vacant Multi-Family.
The site is located on Dr Martin Luther King Jr Way in Sarasota and is described as minutes from downtown, with shopping, restaurants, everyday amenities, and major roads nearby. Public water and public sewer serve the property. Any building facing MLK must include commercial space on the ground floor.
A mixed-use concept with first-floor offices or retail and second-floor apartments is identified as one potential direction, subject to verification of building requirements, zoning regulations, and development possibilities with Sarasota County. A survey is available. Short-term rentals are not permitted, and the property has no HOA or flood insurance requirement.
The site is located on Dr Martin Luther King Jr Way in Sarasota and is described as minutes from downtown, with shopping, restaurants, everyday amenities, and major roads nearby. Public water and public sewer serve the property. Any building facing MLK must include commercial space on the ground floor.
A mixed-use concept with first-floor offices or retail and second-floor apartments is identified as one potential direction, subject to verification of building requirements, zoning regulations, and development possibilities with Sarasota County. A survey is available. Short-term rentals are not permitted, and the property has no HOA or flood insurance requirement.
Key Highlights
- Approximately 7,575 SQ. FT. commercial parcel on 0.17 acres
- CBN zoning designation
- Access from two streets with two separate entrances
Property Analytics
Property Profile
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - CBN-zoned parcel with public water and public sewer available.
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 on 0.17 acres; CBN zoning designation; Access from two streets with two separate entrances
