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$109,000 Active

0 Dr Martin Luther King Jr Way, Sarasota, FL 34234

MLS# TB8484737 • NEWTOWN 1ST ADD TO
0
Baths
0.17 ac
Lot
127
Days Listed

About This Home

WHAT AN OPPORTUNITY TO OWN A COMMERCIAL LOT in a CENTRALLY LOCATED AREA OF SARASOTA, just MINUTES FROM DOWNTOWN. The lot offers ACCESS FROM TWO STREETS WITH TWO SEPARATE ENTRANCES, providing flexibility when planning future development. The lot features approximately 7,575 SQ. FT. and is zoned CBN – COMMERCIAL. The current property use is 0010 – VACANT MULTI-FAMILY, offering several possibilities for future use. One potential concept could be building OFFICES OR RETAIL SPACE ON THE FIRST FLOOR WITH APARTMENTS ON THE SECOND FLOOR, creating a mixed-use opportunity. Any building facing MLK must include commercial space on the ground floor. CONVENIENTLY LOCATED with easy access to major roads, shopping, restaurants, and everyday amenities. Another benefit is NO HOA AND NO FLOOD INSURANCE REQUIRED, helping keep ownership costs lower. SURVEY AVAILABLE. Short-term rentals are not permitted. Buyer is responsible for verifying all BUILDING REQUIREMENTS, ZONING REGULATIONS, AND DEVELOPMENT POSSIBILITIES WITH SARASOTA COUNTY.

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Lauralyn Kazimir
Lauralyn “Laurie” Kazimir
Licensed Real Estate Broker
Christian Kazimir
Christian Kazimir
Broker Associate
Call (941) 500-2048
Listing information © 2026 Stellar MLS as distributed by MLS GRID. Listing provided by Amanda Andrews, PREFERRED SHORE LLC. Information deemed reliable but not guaranteed and should be independently verified.

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