3 months on rocket

2590 Dr Martin Luther King Jr Way, Sarasota, FL, 34234

$399,000

1.17 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
MLS #A4618450
Lot Size1.17 Acres
StatusActive

About 2590 Dr Martin Luther King Jr Way

Calling all investors! Do not miss this perfect opportunity to acquire land in a thriving area that is centrally located just minutes away from downtown Sarasota, Gulf Beaches, and the luxurious UTC area. Not to mention the easy access to great shopping plazas and fine dinning experiences. This land is zoned for multi-family units in which one could build six single-family homes or duplexes. A rough draft for the site layout is complete along with the initial survey.

Property Details

Property Features

Listing Office:

  • Office Name: FINE PROPERTIES
  • Office Phone: (941) 782-0000
  • Listing Agent: Chantelle Johnson

Lot Features

Lot Information:

  • Lot Size: 1.17 Acres

Other

Directions Information:

  • Directions: Coming from Fruitville going West, make a left onto Tuttle and left onto Dr. MLK Way. Coming from University going East, turn right onto Tuttle and right onto Dr. MLK Way.

Price Information

Listing Price Info

Price Summary:

  • List Price: $399,000
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Housing Market Comparison

See how this home compares to others in Sarasota, FL.

Med. Sold Price

$520.7K

Med. Price/SqFt

$305

Avg. Days On Market

62

# of Sold Homes

302

2590 Dr Martin Luther King Jr Way vs Sarasota

106 DAYS ON ROCKET

+44 Days

$399,000

-$121.7K Less

KEY TAKEAWAY

This property is $121.7K less than the Median Sold Price in Sarasota, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #A4618450

Listing Office:

  • Office Name: FINE PROPERTIES
  • Office Phone: (941) 782-0000
  • Listing Agent: Chantelle Johnson

IDX Listings courtesy of Stellar MLS as distributed by 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.

IDX Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/10/2024, 4:20:04 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$2,059

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,263

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-842700
7
/10
  • Bay Haven School of Basics Plus

  • 2901 W Tamiami Cir

  • 0.50 miles

  • Public Magnet Grades KG-5

school-card-donut-842701
4
/10
  • Emma E. Booker Elementary School

  • 2350 Dr Martin Luther King Way

  • 1.26 miles

  • Public District Grades PK-5

school-card-donut-842702
4
/10
  • Tuttle Elementary School

  • 2863 8th St

  • 2.19 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $28,467. Residents of Sarasota, FL typically earn less than $35k each year. Typical family type is single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2590 Dr Martin Luther King Jr Way

What is the listing price of this property?

The listing price of 2590 Dr Martin Luther King Jr Way property is $399,000.

What type of property is this?

The property 2590 Dr Martin Luther King Jr Way is land located in Sarasota, Florida, 34234.

Is this property for sale now?

Active Listing: 2590 Dr Martin Luther King Jr Way is For Sale (Active/New) which means the seller is accepting offers.

How much acreage is this property?

The property 2590 Dr Martin Luther King Jr Way is 1.17 acres.
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Rocket Homes›Florida›Sarasota County›Sarasota›34234›2590 Dr Martin Luther King Jr Way

This home is located at 2590 Dr Martin Luther King Jr Way in Sarasota, FL and zip code 34234 in the Central Cocoanut neighborhood. This home sits on a 1.17 acre lot. It has been listed on Rocket Homes since July 27, 2024 and is currently priced at $399,000.

Over 13 listings were sold over their listed price in October 2024 in Sarasota, FL. In the same period over 242 listings were sold below the listed price and 47 listings were sold for the listed price. In October 2024 in Sarasota, FL there were 0.8% less homes for sale than in September 2024. The median list price of listings available in October 2024 was $520,718, while the average time on the real estate market was 62 days.

From Rocket Homes Real Estate and based on county public records data.

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