1. Florida
  2. Sarasota
  3. 525 RAWLS AVENUE
$1,150,000

525 RAWLS AVENUE, Sarasota, FL 34236

  • 1,316 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1920
  • Property Lot Size Icon3,920sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $874/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

Investor’s Dream - 5-Unit Rental Gem! High ROI potential, zoned for weekly rentals. Welcome to a rare opportunity to own a cash-flowing multifamily building perfectly positioned to capitalize on the booming short-term rental market. 4 of the 5 Units have been renovated with new kitchens. All 5 units have new mini-split AC systems and have large private terraces. One unit is turnkey furnished with proven revenue history in this high-demand area! The other 4 apartments are currently rented to annual tenants, but could easily be converted to short-term rental units. There are also 10 mini garage units that are leased to tenants for storage at an average of $125/month. Location, Location, Location: This Laurel Park location is minutes from downtown, the entertainment venues and restaurants of Burns Court, and other cultural hotspots. This prime income property is ready for a new owner to step in and start earning from day one. Pro-forma statement available upon request.

Listing Status:
Active
Date Added:
April 23, 2025 at 05:00AM
Listing Office:
QUEST PROPERTIES INC : 941-504-1111
Listing Agent:
Timothy Bloch : 941-504-1111
MLS ID:
A4650013
  • General: Ceiling Fan(s)Open Floorplan
  • Laundry: Common AreaElectric Dryer HookupLaundry RoomWasher Hookup
  • A/C: Mini-Split Unit(s)
  • Heating: Electric

This listing courtesy of Timothy Bloch, QUEST PROPERTIES INC

Location

Schools Nearby

A

Alta Vista Elementary School

1050 S Euclid Ave, Sarasota, FL, 34237

Grades PK-5

1.25 miles away

S

Sarasota School of Arts/Sciences

717 Central Ave, Sarasota, FL, 34236

Grades 6-8

0.78 miles away

S

Sarasota Military Academy

801 N Orange Ave, Sarasota, FL, 34236

Grades 6-12

0.82 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.