Newtown Gateway

2046 Dr Martin Luther King Jr Way, Sarasota, FL 34234

Property Information

  • For Sale By Negotiation
  • Property Type VacantLand
  • Lot Size 4.73 Acre
  • Date Updated May 15, 2026

Description

The 4.73-acre Newtown Gateway medical campus site is located north of downtown Sarasota, just east of U.S. Highway 301/North Washington Boulevard, an area rich in history and culture. It's now also a thriving residential hub that aims to capitalize on its direct access to downtown and the Sarasota-Bradenton International Airport, as well as its close proximity to Gulf Coast beaches, the master-planned community of Lakewood Ranch and educational institutions such as the renowned Ringling College of Art + Design. Because the property is located both within the Newtown Community Redevelopment Area and in a federal Opportunity Zone, various financial incentives and tax abatements are available to those who qualify.The 4.73-acre Newtown Gateway medical campus site is located north of downtown Sarasota, just east of U.S. Highway 301/North Washington Boulevard, an area rich in history and culture. Today the area also is home to thriving residential development that aims to capitalize on its direct access to downtown and the Sarasota-Bradenton International Airport, as well as its close proximity to Gulf Coast beaches, the master-planned community of Lakewood Ranch and educational institutions such as the renowned Ringling College of Art + Design. Because the property is located both within the Newtown Community Redevelopment Area and in a federal Opportunity Zone, various financial incentives and tax abatements are available to those who qualify.The overall 14-acre Newtown Gateway site, of which the 4.73-acre medical campus is a part, is located north of downtown Sarasota, just east of U.S. Highway 301/North Washington Boulevard. The area, which is rich in history and culture, now is also a place of thriving residential development that aims to capitalize on its direct access to downtown and the Sarasota-Bradenton International Airport, as well as its close proximity to Gulf Coast beaches, the master-planned community of Lakewood Ranch and educational institutions, such as the renowned Ringling College of Art + Design. Because the property is located both within the Newtown Community Redevelopment Area and in a federal Opportunity Zone, various financial incentives and tax abatements are available to those who qualify.

Highlights

  • A contiguous 8.5-acre tract has been rezoned for future industrial development.
  • Flexible site plan can accommodate a variety of buildings up to 35,000 square feet.
  • Newtown Gateway is being designed and re-imagined as a premier medical campus that will serve communities throughout North Sarasota.
  • Superior location with easy access to U.S. Highway 301/North Washington Boulevard, one of Sarasota and Manatee counties' most utilized vehicular thoroughfares.
  • This burgeoning area, solidly in the path of growth, contains significant upside for developers, entrepreneurs and medical practitioners alike.

Contacts

Ian Black, CCIM

Ian Black Real Estate

Location

Located at 2046 Dr Martin Luther King Jr Way, Sarasota, FL 34234, this property is part of the Amaryllis Park neighborhood and Southwest Florida Coast market.

Contact Listing Broker
Ian Black, CCIM

Ian Black Real Estate

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