Price Reduced 20.00%
Price History
$425,000
11/12/2025
$390,000
12/24/2025
$340,000
2/16/2026
2100 DR MARTIN LUTHER KING JR WAY, Sarasota, FL, 34234
Under contract-accepting backup offers. 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.
Status:
Pending
Type:
Lot / Acreage
Subdivision:
HUMPHREYS SUB
Lot Size:
192 x 294
Acreage:
1.28
Est. Taxes:
$2,530
Current Use
Residential
Utilities
Public
Days on Market:
82
MLS #:
A4671656
Community Info
School Info
Walk Score
Yelp
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Listing courtesy of WHITE SANDS REALTY GROUP FL 941-260-3350