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0 DR MARTIN LUTHER KING JR WAY

Lotes / Tierras En Venta
$109,000

BTC: 1.31104162

ETH: 41.13207547

202 días
0 room(s)

Visión general

WHAT AN OPPORTUNITY TO OWN A COMMERCIAL LOT in a CENTRALLY LOCATED AREA OF SARASOTA, just MINUTES FROM DOWNTOWN AND THE BEACH. 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.

Ubicación

Detalles

Tipo:
Land
Estacionamiento:
Sin datos
Año de construcción:
Sin datos
Lote:
0.17 Hectáreas
Calefacción:
Sin datos
precio por sq. medidor:
Sin datos
Enfriamiento:
Sin datos
HOA:
Sin datos

Valuation

Our model vs. what's actually selling nearby.
Estimate
$349,900
$117K – $1.1M
Confidence Low
List vs. estimate
$240K below estimate
List $109,000 · -68.8%
Our model says this listing is priced below recent comparable activity. Expect competition.
Based on
5 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Destacados

Annual tax
$712
2025
Más hechos y características
  • Lote

    • Lote: 0.17 Hectáreas

    Otra Información de Propiedad

    • Número de Parcela: 2024020104

    • Zonificación: CBN

  • Tipo y estilo

    • Tipo de propiedad: Land

  • Utilidad

    • Electricity Available

    • Water Available

  • Otra información financiera

    • Importe anual de impuestos: $713

  • Detalles de la fuente

    • MLS ID: TB8484737

    Otros hechos

    • Fuente de agua: Public

    • Tamaño de la parcela: 50 x 154

    • Nombre de subdivisión: NEWTOWN 1ST ADD TO

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: PREFERRED SHORE LLC