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Description
GREAT OPPORTUNITY TO OWN A COMMERCIAL LOT in a CENTRALLY LOCATED AREA OF SARASOTA, just MINUTES FROM DOWNTOWN. The lot offers ACCESS FROM TWO STREETS WITH TWO SEPARATE ENTRANCES, providing flexibility when planning future development.The lot features approximately 7,575 SQ. FT. and is zoned CBN - COMMERCIAL. The current property use is 0010 - VACANT MULTI-FAMILY, offering several possibilities for future use. One potential concept could be building OFFICES OR RETAIL SPACE ON THE FIRST FLOOR WITH APARTMENTS ON THE SECOND FLOOR, creating a mixed-use opportunity.Conveniently located with easy access to major roads, shopping, restaurants, and everyday amenities.Another benefit is NO HOA AND NO FLOOD INSURANCE REQUIRED, helping keep ownership costs lower.ZONING: CBN - COMMERCIALPROPERTY USE: 0010 - VACANT MULTI-FAMILYBuyer is responsible for verifying all BUILDING REQUIREMENTS, ZONING REGULATIONS, AND DEVELOPMENT POSSIBILITIES WITH SARASOTA COUNTY.
Property Highlights
Property Type: Land - Commercial
Lot Size: 0.17 Acres
Taxes: $712
General Information
County: Sarasota
Subdivision: NEWTOWN 1ST
Listed By:
Amanda Andrews
PREFERRED SHORE LLC
941-999-1179
MLS ID: TB8484737
Property Features
Directions: From US-301 S, turn right onto Dr. Martin Luther King Jr. Way and continue for approximately 9.8 miles. Property will be on your left.
Flood Zone Code: x
Home Warranty Y/N: No
Listing Terms: Cash
Lot Dimensions: 0.17
Ownership: Fee Simple
Property Attached Y/N: No
Sewer: Public Sewer
Showing Instructions: Go Direct
Special Sale Provisions: None
Utilities: Electricity Available, Water Available
Water: Public
Water Access Y/N: No
Zoning: CBN
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Dr Martin Luther King Jr Way , Sarasota, FL 34234.
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Estimated Payment
$ 458.76 per month $367.64 Principal & Interest $59.33 Property Tax $31.79 Homeowner's InsuranceChange Payment Information
About this area
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.”
Learn More About Living in Sarasota, Florida
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