Dr Martin Luther King Jr Way, Sarasota, FL 34234
- $109,000
- List Price
- $109,000
- Status
- Active
- Days on Market
- 139
- MLS#
- TB8484737
- Lot Size
- 7,575
- Acres
- 0.17
- Total Acreage
- 0 to less than 1/4
- Legal Subdivision Name
- Newtown 1st Add To
- Community Name
- Newtown
- MLS Area Major
- Sarasota
Property Description
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.
Additional Information
- Taxes
- $712
- Community Features
- No Deed Restriction
- Zoning
- CBN
- Utilities
- Electricity Available, Water Available
- Pool
- No Pool
- Flood Zone Code
- x
- Parcel ID
- 2024020104
- Legal Description
- LOT 2 LESS THAT PART LYING ALG 33RD ST FOR RD ROW BLK 15 1ST ADD TO NEWTOWN
Listing courtesy of PREFERRED SHORE LLC. 941-999-1179
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