1621 DR MARTIN LUTHER KING WAY, SARASOTA, FL, 34234
Active137 days on marketListed Apr 2, 2026MLS #O6395721
About this home
1621 DR MARTIN LUTHER KING WAY
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 & features
The home at a glance
4
Bedrooms
3
Bathrooms
2,075
Sqft
0.12 ac
Lot size
2
Garage
2009
Year built
Two
Levels
$253
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$3,601 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$3,601/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
vs edgeAI estimate
+20.8%
$/sqft vs Sarasota actives
$253 vs $349
Days on market
137 vs 63 typical
Where $253/sqft sits among the 400 Sarasota actives
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Amaryllis Park
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know Sarasota. See the full Sarasota guide →
Amaryllis Park — neighborhood snapshot
Population
3,143
Median age
42
Median income
$47,908
Median home value
$258,156
Avg household
3
Households w/ children
431
For the school run
Sarasota County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Sarasota market
$475K → $493K
Sarasota median sold, yr/yr
95.2%
Sale-to-list ratio (12 mo)
179 of 400
Sarasota actives have cut their price
Median sold price, Sarasota, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 62% above the SARASOTA 34234 median. See the full Sarasota market guide →
Paper trail
This home's history
Reality check
What actually sold near 1621 DR MARTIN LUTHER KING WAY
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Dec ’25$305,000
2822 MAPLE AVENUE · same community
4 bd · 2 ba · 1,654 sqft · $184/sqft · 261 DOM
Sold · Nov ’25$175,000
2822 PALMADELIA AVENUE · same community
4 bd · 2 ba · 1,469 sqft · $119/sqft · 10 DOM
Sold · Jun ’26$200,000
1622 29TH STREET · same community
3 bd · 1 ba · 1,146 sqft · $175/sqft · 164 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
Kat Bonelli
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about 1621 DR MARTIN LUTHER KING WAY — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 1621 DR MARTIN LUTHER KING WAY — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to Kat's phone and CRM.
Straight answers
1621 DR MARTIN LUTHER KING WAY FAQs
What would the monthly payment be for 1621 DR MARTIN LUTHER KING WAY?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $3,601/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on 1621 DR MARTIN LUTHER KING WAY?+
The most recent tax bill on record (2026) was $1,424. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Are pets allowed at 1621 DR MARTIN LUTHER KING WAY?+
The listing reports pets: Yes. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Sarasota?+
At $525,000, this home is listed about 5% below the Sarasota median of $555,000. The market section on this page shows how the area is trending.
Which schools are assigned to 1621 DR MARTIN LUTHER KING WAY?+
McIntosh Middle School (middle), Brentwood Elementary School (elementary), Riverview High School (high) — Sarasota County School District. Always verify school assignments with the district before relying on them.
The brief
Three things that matter here
01Positioned at the premium end
$525,000 runs 62% above the SARASOTA 34234 median — but at 2,075 sqft it's also 24% larger than the typical Sarasota listing.
02Time on market is leverage
137 days on market against a Sarasota median of 63 — sellers in this position are usually ready to negotiate.
03Strong assigned schools
McIntosh Middle School, Brentwood Elementary School, Riverview High School — Riverview High School rates 4 of 5. Always verify assignments with the district.
Keep looking
Similar homes nearby
Listing courtesy of BEYCOME OF FLORIDA LLC · Steven Koleno. MLS #O6395721.
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. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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