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$340,000

2100 Dr Martin Luther King Jr Way Sarasota, FL 34234 Land - Residential Pending

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Description

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.

Property Highlights

Property Type: Land - Residential
Lot Size: 1.28 Acres
Taxes: $2,529

General Information

County: Sarasota
Subdivision: HUMPHREYS
Listed By:
Brian Gibson WHITE SANDS REALTY GROUP FL 941-260-3350

Property Features

Days on Site: 111
Directions: Going north on US 301 from Downtown Sarasota turn right on Dr. Martin Luther King Blvd. Property is just over the railroad tracks on the right.
Flood Zone Code: AE
Home Warranty Y/N: No
Lot Dimensions: 1.28
Ownership: Fee Simple
Property Attached Y/N: No
Sewer: Public Sewer
Showing Instructions: Go Direct
Special Sale Provisions: None
Utilities: Public
Water: Public
Water Access Y/N: No
Zoning: RMF2
$340,000
Pending
LOT SIZE 1.280 acres MLS#A4671656
STATUSPending PROPERTY TYPELand - Residential SUBDIVISIONHUMPHREYS

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2100 Dr Martin Luther King Jr Way, Sarasota, FL 34234.

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Estimated Payment

$ 1,456.68 per month $1,146.76 Principal & Interest $210.75 Property Tax $99.17 Homeowner's Insurance

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About this area

Florida/Sarasota
Sarasota

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About Sarasota

Sarasota, FL is a cultural gem. Once home to the Ringling Brothers Circus, Sarasota boasts a rich arts scene that brings people from all over the area to enjoy world-class theater, music, and other performing arts. Sarasota is also a haven with spectacular scenery, turquoise water and white sandy beaches. It offers a delightful downtown with a variety of small boutiques and exceptional restaurants. With its dynamic culture and arts scene and incredible natural beauty, Sarasota is a wonderful place to call “home.” 

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