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Lasbury Tracy Realty Inc
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$525,000

Active

1621 Dr Martin Luther King Way, Sarasota, FL 34234

4 beds Β· 3 baths Β· 2,075 sq ft

Listing courtesy of BEYCOME OF FLORIDA LLC Β· MLS# O6395721

181 days on market

Refreshed from the Stellar MLS feed . This listing’s MLS record last changed .

About this home

What’s special

  • fireplace
  • award-winning beach access
  • multi-unit property
  • income-producing property
  • downtown location
  • airport proximity

AI-selected highlights from the listing description below.

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.

Facts

Property type
Single Family Residence
Year built
2009
Living area
2,075 sqft
Lot size
0.12 acres
Private pool
No
Exposure
South
Furnished
Negotiable
Flood zone
AE
CDD
No
55+ community
No
Annual taxes
$1,424/yr
Listed
2026-04-02
MLS #
O6395721

Estimate the monthly payment

Estimate by Lasbury Tracy Realty β€” not a loan offer

Starting figures for 1621 DR MARTIN LUTHER KING WAY. Everything below is editable.

AssumptionNot a quoted rate. Ask a lender what you actually qualify for today.

From this listingThe seller's most recent annual tax bill as reported to the MLS. Your bill will differ β€” Florida reassesses on sale and homestead caps reset.

Editable estimateA placeholder, not a quote. On the Gulf Coast this is the line item most likely to be wrong: premiums swing on roof age, wind mitigation, elevation, and carrier appetite. Get a real quote before you rely on this number.

Starts at $0Deliberately zero until you enter a figure β€” we will not inflate a payment with a guess. Many homes here need it; ask us for the property's flood zone and the current policy's premium.

Include condo, HOA, and master-association dues. CDD assessments usually arrive on the tax bill instead.

AssumptionNot applied β€” your down payment is 20% or more.

Estimated total monthly payment

$3,211

$2,655 of that is principal & interest. 17% is taxes, insurance and fees β€” which is why those inputs matter more here than the rate does.

Principal & interest
$2,655
Property taxes
$119
Homeowners insurance
$438
Flood insurance
$0
HOA / condo fees
$0
Mortgage insurance (PMI)
$0
Total per month
$3,211

Over the life of the loan

Loan amount
$420,000
Down payment
$105,000
Total interest
$535,687
Principal + interest paid
$955,687
Paid off in
2056

Interest is the exact schedule total for a fixed-rate loan held to term and assumes no extra payments. Taxes, insurance and fees are not included in these lifetime figures because they change every year.

Calculated on this page from the figures above β€” nothing is sent anywhere and no lender is quoting you. Figures are estimates for planning only, not a pre-approval, commitment to lend, or a statement of the taxes and insurance you will actually be charged. Lasbury Tracy Realty Inc. is a real estate brokerage, not a lender or an insurance agent.

Take a tour

Pick a day that suits you β€” a licensed Lasbury Tracy agent confirms personally, usually within minutes. No account needed.

1621 Dr Martin Luther King Way, Sarasota, FL 34234

Listing courtesy of BEYCOME OF FLORIDA LLC Β· MLS# O6395721 Β· Active

How would you like to see it?
Which day?
What time of day?

In person Β· Thu, Oct 1 Β· Morning (9-12)

No account, no obligation. Prefer to talk? (941) 474-5585

Where this home is

Opens on aerial β€” on this coast the canal, the lot and the neighbours answer more questions than a street grid does.

Similar homes

Listing information is provided in part by Stellar MLS, as distributed by MLS GRID. Based on information submitted to the MLS as of Sep 30, 2026, 7:58 PM (ET). All data is obtained from various sources and may not have been verified by broker or MLS. All information provided is deemed reliable but is not guaranteed and should be independently verified. 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. Some IDX listings have been excluded from this website.

Lasbury Tracy Realty Inc. Β· [email protected]