FL
Sarasota
SARASOTA
34234
2154 DR MARTIN LUTHER KING JR WAY
2154 DR MARTIN LUTHER KING JR WAY, SARASOTA, FL 34234
Share Listing
Listing Type
Lots/Land
Listing Status
Active
18
$215,000

Home Details for 2154 DR MARTIN LUTHER KING JR WAY

Price
$215,000
Type
Land
Bedrooms
0
Bathrooms
Square feet
NaN
Lot size acres
0.5
County
Sarasota
Garage
Days on site
11
MLS Listing#
A4682128
Property Description

Prime Development Opportunity in Sarasota. RMF 2 Multifamily Lot Near Downtown and World-Famous Beaches Discover an exceptional investment and development opportunity in the heart of Sarasota. This nearly half acre parcel (0.496 acres / 21,590 sq ft) is a vacant residential lot positioned directly beside an additional 1.28-acre parcel also for sale. Together, these properties create a rare chance to assemble a sizable multifamily development site in one of the city’s fastest growing corridors. The 0.496 acre lot offers RMF 2 zoning with the ability to build up to four multifamily units. The neighboring 1.28 acre parcel is also zoned RMF 2 and allows for up to eleven multifamily dwellings. Combined, the two parcels provide the opportunity to develop up to 15 units! An exceptional offering this close to Downtown Sarasota. Located within the Humphreys Subdivision and designated as Residential Multi Family RMF 2, the site provides outstanding flexibility for builders, investors, and developers seeking to create income producing housing in a high demand area. Enjoy unbeatable proximity to Sarasota’s top destinations…..Five minutes to Downtown Sarasota….. Ten to twelve minutes to Lido Beach…..Fifteen minutes to Siesta Key…..Quick access to shopping, dining, cultural venues, and major roadways Whether your vision includes boutique multifamily residences, long/short term rentals, or modern townhomes, this site delivers the location, zoning, and scale to bring that vision to life. Opportunities of this caliber, so close to downtown, beaches, and Sarasota’s premier attractions, are increasingly rare!!

Property Features
  • Water Features
    • Public
Listing Courtesy: WHITE SANDS REALTY GROUP FL - 941-260-3350
Listings courtesy of Stellar MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided for consumers? personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright ©2026 MLS GRID. All Rights Reserved.
Last Updated: 2026-02-12 10:50:19
Transportation
Check the walk, transit, and bike score for
Neighborhood Market Statistics
See average values in the proximity of this property
Median Listing Price
Median Days on Site
Median Square Feet
Market statistics compiled from data from Stellar MLS.
EXIT KING REALTY
8728 East State Rd 70, Bradenton, FL 34202
Office
941 497 6060
Request more details
Code: