Commercial Land with Two 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 Market151
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: Jul 31
Last Checked: Aug 7 at 8:06PM
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.
Vacant commercial land in Sarasota offers access from two streets with two separate entrances, giving flexibility for future development plans. The lot is zoned CBN (commercial) and is listed with a current use of vacant multi-family, which supports a range of potential configurations subject to Sarasota County requirements.
The property is approximately 7,575 SF and totals 0.17 acres. It has utilities available including public water and public sewer. A survey is available. Any building facing MLK must include commercial space on the ground floor. Short-term rentals are not permitted.
Ownership terms include no HOA and no flood insurance required. Prospective buyers are responsible for verifying building requirements, zoning regulations, and development possibilities with Sarasota County.
The property is approximately 7,575 SF and totals 0.17 acres. It has utilities available including public water and public sewer. A survey is available. Any building facing MLK must include commercial space on the ground floor. Short-term rentals are not permitted.
Ownership terms include no HOA and no flood insurance required. Prospective buyers are responsible for verifying building requirements, zoning regulations, and development possibilities with Sarasota County.
Key Highlights
- Access from two streets with two separate entrances
- Approximately 7,575 SF vacant commercial lot
- Zoned CBN commercial, current use vacant multi‑family
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
929
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 - Vacant commercial lot zoned CBN with access from two streets, plus public water and sewer.
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: Access from two streets with two separate entrances; Approximately 7,575 SF vacant commercial lot; Zoned CBN commercial, current use vacant multi‑family
