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.
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
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
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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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
7
/10
Bay Haven School of Basics Plus
2901 W Tamiami Cir
Distance between this listing and this school0.50 miles
Public Magnet Grades KG-5
4
/10
Emma E. Booker Elementary School
2350 Dr Martin Luther King Way
Distance between this listing and this school1.26 miles
Public District Grades PK-5
4
/10
Tuttle Elementary School
2863 8th St
Distance between this listing and this school2.19 miles
Public District Grades PK-5
Nearby Schools
7
/10
Sarasota School of Arts/Sciences
717 Central Ave
Distance between this listing and this school1.19 miles
Public Charter Grades 6-8
3
/10
Booker Middle School
2250 Myrtle St
Distance between this listing and this school1.33 miles
Public Magnet Grades 6-8
2
/10
Suncoast School for Innovative Studies
845 S School Ave
Distance between this listing and this school3.13 miles
Public Charter Grades PK-8
Nearby Schools
3
/10
Booker High School
3201 N Orange Ave
Distance between this listing and this school0.50 miles
Public Magnet Grades 9-12
4
/10
Sarasota Military Academy
801 N Orange Ave
Distance between this listing and this school1.12 miles
Public Charter Grades 6-12
4
/10
Sarasota High School
2155 Bahia Vista St
Distance between this listing and this school2.64 miles
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.
Interested in 2590 Dr Martin Luther King Jr Way? Let's connect.
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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.