DR MARTIN LUTHER KING JR WAY Sarasota, FL 34234
9,583 Sqft Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Subdivision Newtown 1St Add To
MLS Listing ID A4657664
HOA Y/N No
Annual Tax Amount $434
Lot Size 9,583 Sqft
Acres 0.22
Lot Dimensions 149x64
Property Sub-Type Commercial
Source Stellar MLS
Property Description
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 Sarasota's most historically significant and economically revitalizing neighborhoods.
Zoned CBN (Commercial Business Newtown), this property supports a wide range of uses—including mixed-use, retail, live/work, multifamily, and community-serving enterprises—all 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 ½ 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.
Location
State FL
County Sarasota
Community Newtown 1St Add To
Area 34234 - Sarasota
Zoning CBN
Exterior
Utilities Available BB/HS Internet Available, Cable Available, Electricity Available, Sewer Available, Water Available
Building
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Schools
Elementary Schools Brentwood Elementary
Middle Schools Mcintosh Middle
High Schools Riverview High
Others
Ownership Fee Simple
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/stellar/A4657664
