941-235-7474

Listing Details for MLS #TB8484737
0 Dr Martin Luther King Jr Way, Sarasota, Fl

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Land - Real Estate in Sarasota

Listing Price: $109,000 (Mortgage Calculator →)Property Use:
Days on Market: 184

Description of Property

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.

MLS #TB8484737 - SARASOTA
MLS #TB8484737 - SARASOTA
MLS #TB8484737 - SARASOTA
MLS #TB8484737 - SARASOTA
MLS #TB8484737 - SARASOTA
MLS #TB8484737 - SARASOTA
MLS #TB8484737 - SARASOTA
MLS #TB8484737 - SARASOTA
 

Property Details At A Glance

Property Type: Land
City: Sarasota
County: Sarasota
Subdivision: Newtown 1st Add To
Annual Tax: $713

Taxes and fees can change periodically, and other fees may apply. Please check with your Suncoasteam agent for more details.

Utilities: Water Available
Sewer: Public Sewer
Water Source: Public

Lot Information

Lot Size (acres): 0.17
Lot Size (sq. ft.): 7,575 square feet
Lot Dimensions: 50 x 154

Legal Description & Other Information

Financing Available: Cash
Parcel Number: 2024020104
Zoning: CBN
Tax Legal Desc.: LOT 2 LESS THAT PART LYING ALG 33RD ST FOR RD ROW BLK 15 1ST ADD TO NEWTOWN
Section: 18
Range: 18E

 

Map

 

Listing courtesy of PREFERRED SHORE LLC. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.

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https://suncoasteam.com/details?MLNum=TB8484737