$525,000

1621 Dr Martin Luther King Way

Sarasota, FL 34234

Listing updated: April 13, 2026 at 3:36 PM ET

Active

Beds

Baths

2,075

Sq Ft

0.12

Acres

2009

Built

◆Fireplace◆$253/sqft

Single Family Residence

Property type

2009

Year built

5,177 sqft

Lot size

$253

Price / sq ft

No HOA

HOA dues

Days on market

Garage spaces

Flood zone

About this home

This multi-tribe property at 1621 Dr Martin Luther King Way is a fantastic investment opportunity. Open concept layout with an elegant fireplace in the living room and a kitchen design for entertaining with stainless steel appliances and granite countertops. Conveniently located near shopping, dining, and public transportation. This home is 10 minutes from Sarasota's nearest award winning sugar sand beach, the library, Van Wenzel performing Art Hall, restaurants, walking distance to downtown Sarasota, hospital, major shopping Mall, Ringling Museum and Ringling Art school, five minutes from Sarasota - Bradenton airport. The property provides easy access to everything the area has to accord. The exterior boasts well-maintained landscaping, providing a welcoming first impression. Don't miss the chance to own this versatile income-producing property. The home has two bedrooms with attached bathrooms, one on the first floor, and the other on the second floor.

Estimated monthly payment

Principal & interest$2,655

Property taxes$119

Home insurance (est.)$241

Down payment

20%

$105,000 downRate

6.5%

Term

Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.

Price & listing history11 days on market

Status: Active
Apr 2, 2026
Listed$525,000
Apr 2, 2026
Price increased$525,000

Facts & features

Property type: Residential
Sub type: Single Family Residence
Status: Active
Days on market: 11
Cumulative DOM: 899
Subdivision: Newtown Heights First Add To
County: Sarasota
Year built: 2009
Living area: 2,075 sq ft
Price/sq ft: $253
Lot size: 5,177 sq ft
Lot category: 0 to less than 1/4
Flood zone: AE (12115C0131G)
Garage: 2 spaces
Annual taxes: $1,424 (2026)
Parcel #: 2020150025
Zoning: CBN
MLS #: O6395721

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Interior Details

Bedrooms: 4
Full bathrooms: 3
Flooring: Ceramic Tile, Laminate
Appliances: Bar Fridge, Cooktop, Dishwasher, Disposal, Electric Water Heater, Exhaust Fan, Microwave, Range Hood, Refrigerator, Washer, Wine Refrigerator
Interior features: Ceiling Fans(s), High Ceilings, Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, PrimaryBedroom Upstairs, Solid Wood Cabinets, Stone Counters, Tray Ceiling(s), Vaulted Ceiling(s), Walk-In Closet(s)
Laundry: In Garage
Stories / Levels: Two
Direction faces: South
Fireplace: Yes

Heating & Cooling

Heating: Central
Cooling: Central Air

Parking

Garage spaces: 2
Attached garage: Yes

HOA & Financial

Total monthly fees: $0/mo
Total annual fees: $0
CDD: No
Homestead exemption: Yes
Min lease term: 1-7 Days
Listing terms: Cash, Conventional, FHA, Other, VA Loan
Ownership: Fee Simple
Available for lease: Yes
Lease restrictions: No

Exterior & Construction

Exterior features: Balcony, Courtyard, French Doors, Garden, Lighting, Private Mailbox, Sidewalk
Construction materials: Block
Roof: Tile
Foundation: Concrete Perimeter
Road surface: Asphalt

Utilities

Sewer: Public Sewer
Water source: Public
Utilities: BB/HS Internet Available, Cable Connected, Electricity Available, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected

Community

Pets allowed: Yes

Room Details

Room	Level	Dimensions
Primary Bedroom	First	20x18
Primary Bedroom	Second	23x14
Bedroom 3	Second	12x16
Bedroom 4	Second	11x12
Balcony/Porch/Lanai	First
Kitchen	First	9x14
Living Room	First	10x15
Dining Room	First
Primary Bathroom	First	8.5x6.5

Listing Details

Listing date: 2026-04-02
On market date: 2026-04-02
Original list price: $525,000
Occupant type: Owner
MLS area: 34234 - Sarasota
Listing AOR: Orlando Regional
Status changed: 2026-04-02
Tax legal description: COM AT SE COR OF LOT 24, BLK J, TH N 10 FT TH N-89-18-50-W 46.77 FT ALG R/W FOR MARTIN LUTHER KING JR WAY FOR POB TH N-89-18-50-W 62.57 FT TH N 86.01 FT TH S-89-18-50-E 47.34 FT TH S-29-26-03-E

Flood risk

High riskFEMA Zone AEPanel 12115C0131G

FEMA Special Flood Hazard Area (1% annual-chance / “100-year” floodplain). Flood insurance is generally required by mortgage lenders.

Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.

Location

Directions

Directions: From I-75 South: Exit 210 (Fruitville Rd) - Left On 301 - Left On MLK - House On The Right Before Orange Avenue. From I-75 North: Exit 213 (University Parkway) Left On 301 Toward Downtown Sarasota - Right On MLK - House On The Right. From 41 South : Right On MLK - House On The Right After Orange Avenue. From 41 North : Left On MLK - House On The Left After Orange Avenue.

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Listings courtesy of Stellar MLS as distributed by MLS GRID

IDX information 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.

Based on information submitted to the MLS GRID as of April 13, 2026 at 3:36 PM ET. 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.

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