Dr Martin Luther King Jr Way, Sarasota, FL 34234
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Priced at Only: $125,000
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Address: Dr Martin Luther King Jr Way, Sarasota, FL 34234
Property Location and Similar Properties
- MLS#: A4657664 ( Land )
- Street Address: Dr Martin Luther King Jr Way
- Viewed: 2
- Price: $125,000
- Price sqft: $0
- Waterfront: No
- Year Built: Not Available
- Bldg sqft: 0
- Days On Market: 1
- Additional Information
- Geolocation: 27.3597 / -82.5302
- County: SARASOTA
- City: Sarasota
- Zipcode: 34234
- Subdivision: Newtown 1st Add To
- Elementary School: Brentwood
- Middle School: McIntosh
- High School: Riverview
- Provided by: COMPASS FLORIDA LLC
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DescriptionPrime development Parcel in the Newtown Area Sarasota, FL. Strategically located within the heart of the Newtown, this 9,728 sq ft parcel on Dr. Martin Luther King Jr. Way presents a high impact opportunity for forward thinking development in one of Sarasotas most historically significant and economically revitalizing neighborhoods. Zoned CBN (Commercial Business Newtown), this property supports a wide range of usesincluding mixed use, retail, live/work, multifamily, and community serving enterprisesall designed to align with the Newtown Community Redevelopment Plan. The lot sits along a prominent commercial corridor with direct access to US 301, downtown Sarasota, and public transit routes, making it ideal for projects that seek to activate and engage the local economy. Situated on a visible corner in the Newtown 1st Addition subdivision, and surrounded by local businesses, civic centers, and ongoing public private initiatives, this site is primed for investment that contributes to both economic growth and community enrichment. City water, sewer, and utilities are available nearby. Parcel includes Lot 1, Block 15, and the adjacent east of Palmadelia Ave, offering flexible site planning options. Invest in a future focused location where revitalization, innovation, and community impact come together. Buyer to verify all zoning, development options, and utility access with the City of Sarasota.
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Features
Building and Construction
- Covered Spaces: 0.00
- Living Area: 0.00
School Information
- High School: Riverview High
- Middle School: McIntosh Middle
- School Elementary: Brentwood Elementary
Garage and Parking
- Garage Spaces: 0.00
- Open Parking Spaces: 0.00
Eco-Communities
- Water Source: Public
Utilities
- Carport Spaces: 0.00
- Sewer: PublicSewer
- Utilities: CableAvailable, ElectricityAvailable, HighSpeedInternetAvailable, SewerAvailable, WaterAvailable
Finance and Tax Information
- Home Owners Association Fee: 0.00
- Insurance Expense: 0.00
- Net Operating Income: 0.00
- Other Expense: 0.00
- Pet Deposit: 0.00
- Security Deposit: 0.00
- Tax Year: 2024
- Trash Expense: 0.00
Other Features
- Country: US
- Current Use: Commercial
- Legal Description: LOT 1 LESS THAT PART LYING WITHIN 30 FT OF C/L OF 27TH ST DESC IN OR 1057/854 TO CITY BLK 15 & E 1/2 VAC ALLEY FIRST ADD TO NEWTOWN IN OR 414 PG 891
- Area Major: 34234 - Sarasota
- Parcel Number: 2024020103
- The Range: 0.00
- Zoning Code: CBN
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- Natalie Gorse, REALTOR ®
- Tropic Shores Realty
- Office: 352.684.7371
- Mobile: 352.584.7611
- Fax: 352.584.7611
- nataliegorse352@gmail.com