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Dr Martin Luther King Jr Way, Sarasota, FL 34234

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For Sale

$425,000

1.28 acres

Estimated Payment

$      /mo. †

APR for 30 years

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  • Other Residential
    Property type

  • Newly Listed
    Time on Century 21

  • 1.3 acres
    Lot size

Explore this Property

1.28 ACRES IN PRIME SARASOTA LOCATION ZONED RMF2 (RESIDENTIAL MULTI FAMILY) READY FOR DEVELOPMENT!! Unlock the potential of this vacant residential lot in the heart of Sarasota! Zoned RMF2, this property allows for the development of up to 11 multi-family units with a....35 FOOT HEIGHT LIMIT, making it an ideal investment for builders and developers looking to capitalize on Sarasota s thriving real estate market. Key Features: Prime Location Just minutes from downtown Sarasota and World-Famous Beaches, offering easy access to shopping, dining, entertainment, and cultural attractions. Multi-Family Potential RMF2 zoning permits high-density residential development, perfect for rental properties or condominiums. Convenient Access Close to major roads, including US-41, ensuring seamless connectivity to surrounding areas. Growing Community Sarasota is a sought-after destination with strong demand for housing, making this an excellent investment opportunity.
MLS# A4671656

Courtesy Of White Sands Realty Group Florida

(941) 260-3350

Property Features

  • Architecture Style
    Other
  • Lot Size
    1.28 Acres

Map and Directions

Directions to Dr Martin Luther King Jr Way, Sarasota, FL 34234

Home seller CENTURY 21 Beggins Enterprises

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Beggins Enterprises

(800) 541-9923
Learn More About Us

Mortgage Calculator

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Monthly Payment Breakdown

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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.