Sarasota's Premier Homes

DR MARTIN LUTHER KING JR WAY

SARASOTA , FL 34234

MLS#: A4657664

$125,000

Status: Active
Listing number: A4657664
Listing provided by: COMPASS FLORIDA LLC
Listing agent phone: None
Last update: 10 days ago
On site: 12 days ago
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NEWTOWN 1ST ADD TO - Land

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

None

Lot size

0.22 acres

Price per SqFt

N/A

Prime development Parcel in the Newtown Area – Sarasota, FL. 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.

Features & Amenities

Interior

Exterior

  • Garage

    No

Area & Lot

  • Lot Size(acres)

    0.22

  • Property Type

    Land

Financial

  • Sales Price

    $125,000

  • Tax Amount

    434.0

Property Features

  • Senior Community YN

    No

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Location

County

Sarasota

Elementary School

Brentwood Elementary

Middle School

McIntosh Middle

High School

Riverview High

Listing Courtesy of Renne' Rupp, PLLC , COMPASS FLORIDA LLC

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Agent MichaelGraf

Business Coach | Executive Sales Associate | Realtor®

MichaelGraf

Call Michael today to schedule a private showing.

(941) 315-6980

michael@thegrafgroupvip.com


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Prime development Parcel in the Newtown Area – Sarasota, FL. 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.

DR MARTIN LUTHER KING JR WAY

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