$425,000
Dr Martin Luther King Jr Way Sarasota, FL 34234
For Sale MLS# A4671656
1.28 Acres Lot/Land
Details for Dr Martin Luther King Jr Way
MLS# A4671656
Description for Dr Martin Luther King Jr Way, Sarasota, FL, 34234
1.28 ACRES IN PRIME SARASOTA LOCATION ZONED RMF2 (RESIDENTIAL MULTI FAMILY) READY FOR DEVELOPMENT!! Unlock the potential of this vacant residential lot in the heart of Sarasota! Zoned RMF2, this property allows for the development of up to 11 multi-family units with a....35 FOOT HEIGHT LIMIT, making it an ideal investment for builders and developers looking to capitalize on Sarasota’s thriving real estate market. Key Features: Prime Location – Just minutes from downtown Sarasota and World-Famous Beaches, offering easy access to shopping, dining, entertainment, and cultural attractions. Multi-Family Potential – RMF2 zoning permits high-density residential development, perfect for rental properties or condominiums. Convenient Access – Close to major roads, including US-41, ensuring seamless connectivity to surrounding areas. Growing Community – Sarasota is a sought-after destination with strong demand for housing, making this an excellent investment opportunity.
Listing Information
Property Type: Lot/Land, Residential
Status: Active
Lot Size: 1.28 Acres
Subdivision: Humphreys Sub
Current Use: Residential,Single Family
County: Sarasota
Utilities
Water: Public
Sewer: Public Sewer
Other Utilities: Municipal Utilities
Exterior / Lot Features
Lot Dimensions: 192x294
Driving Directions
Going north on US 301 from Downtown Sarasota turn right on Dr. Martin Luther King Blvd. Property is just over the railroad tracks on the right.
Financial Considerations
Tax/Property ID: 0043040012
Tax Amount: 2529.73
Tax Year: 2024
A broker reciprocity listing courtesy: WHITE SANDS REALTY GROUP FL
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Payment Calculator
Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.
Sales History & Tax Summary for Dr Martin Luther King Jr Way
Sales History
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Tax Summary
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Data powered by ATTOM Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.
Schools
Schools nearby Dr Martin Luther King Jr Way
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Data powered by ATTOM Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.
The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.
SchoolDigger ® Rating
The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.
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