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$ 425,000
Est. payment /mo
Active
DR MARTIN LUTHER KING JR WAY Sarasota, FL 34234
1.28 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Residential
Listing Status Active
Purchase Type For Sale
Subdivision Humphreys Sub
MLS Listing ID A4671656
HOA Y/N No
Annual Tax Amount $2,529
Lot Size 1.280 Acres
Acres 1.28
Lot Dimensions 192x294
Property Sub-Type Residential
Source Stellar MLS
Property Description
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.
Location
State FL
County Sarasota
Community Humphreys Sub
Area 34234 - Sarasota
Zoning RMF2
Exterior
Utilities Available Public
Building
Lot Size Range 1 to less than 2
Sewer Public Sewer
Water Public
Others
Ownership Fee Simple
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/stellar/A4671656
© 2025 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Listed by Brian Gibson WHITE SANDS REALTY GROUP FL
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