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2100 Dr Martin Luther King Jr Way, Sarasota
$215,000
Humphreys Subdivision SubDv. ⋅ 34234 Zip Code
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.

2100 Dr Martin Luther King Jr Way, Sarasota

2154 Dr Martin Luther King Jr Way, Sarasota
$140,000
Humphreys Subdivision SubDv. ⋅ 34234 Zip Code
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!!

2154 Dr Martin Luther King Jr Way, Sarasota