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Dr Martin Luther King Jr Way

Sarasota, FL 34234

– beds
– baths
– sqft
9,728 sqft lot
– on site

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.

Listing courtesy of STELLAR_MLS / COMPASS FLORIDA LLC

Last checked: Checking… • Last updated Jul 11, 2025 •

MLS# A4657664 —

The Building

Building Area Units:

Square Feet

Room Dimensions

Living Area Units:

Square Feet

Location

Directions:

Start on US-41 (Tamiami Trail) heading toward downtown Sarasota. Turn east onto Dr. Martin Luther King Jr. Way (also labeled as MLK Jr. Way). If you're coming from the north, you’ll turn left. If you're coming from the south, you’ll turn right. Continue east on Dr. Martin Luther King Jr. Way for approximately 1.5 miles. The property is located near the intersection with 27th Street and Palmadelia Avenue, within the Newtown Redevelopment Area.
Latitude:

27.359669
Longitude:

-82.530235
Coordinates:

-82.530235, 27.359669

The Property

Parcel Number:

2024020103
Property Type:

Land
Lot Size Acres:

0.22
Lot Size Area:

9728
Lot Size SqFt:

9728
Lot Size Dimensions:

149 x 64
Lot Size Units:

Square Feet
Total Acres:

0 to less than 1/4
Zoning:

CBN
Current Use:

Commercial
View:

false
Water Source:

Public
Road Surface Type:

Paved
Flood Zone Code:

X500
Flood Zone Panel:

12115C0131G
Additional Parcels:

false
Price Per Acre:

568182

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Lot:

1
Tax Block:

15
Tax Legal Description:

LOT 1 LESS THAT PART LYING WITHIN 30 FT OF C/L OF 27TH ST DESC IN OR 1057/854 TO CITY BLK 15 & E 1/2 VAC ALLEY FIRST ADD TO NEWTOWN IN OR 414 PG 891
Tax Book Number:

A-53
Tax Annual Amount:

$434

The Listing

Virtual Tour URL Unbranded:

https://www.propertypanorama.com/instaview/stellar/A4657664
Special Listing Conditions:

None

Utilities

Utilities:

BB/HS Internet Available
Sewer:

Public Sewer

Schools

Elementary School:

Brentwood Elementary
Middle Or Junior School:

McIntosh Middle
High School:

Riverview High

The Community

Subdivision Name:

NEWTOWN 1ST ADD TO
Waterview:

false
Water Access:

false
Waterfront:

false
Ownership:

Fee Simple

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Max Internet Speed

Frontier

Provided by BroadbandNow®

Sale history

Date	Event	Source	Price	% Change
7/10/25 Jul 10, 2025	Listed / Active	STELLAR_MLS	$125,000	78.6%
5/16/25 May 16, 2025	Listed / Active	STELLAR_MLS
2/3/25 Feb 3, 2025		STELLAR_MLS	$70,000	-12.5%

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This plot of land located in Amaryllis Park, Sarasota, FL 34234 is currently for sale for $125,000. Dr Martin Luther King Jr Way is a – square foot plot of land with – beds and – baths that has been on Estately for 3 days. Dr Martin Luther King Jr Way is in the Amaryllis Park neighborhood of Sarasota and has a WalkScore® of 67, making it somewhat walkable. This plot of land is in the attendance area of Booker Middle School, Sarasota High School, and Emma E. Booker Elementary School.

Listing Courtesy of: STELLAR_MLS and COMPASS FLORIDA LLC.

Based on information from the My Florida Regional MLS DBA Stellar MLS 2025.

All information provided is deemed reliable but is not guaranteed and should be independently verified. Stellar MLS, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. Stellar MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. For any questions please call (407) 499-8911.