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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.

Features
Electric
Mini-split Unit(s)
Fenced, Sidewalk, Lighting, Balcony, Storage, Courtyard
Open Floorplan, Ceiling Fan(s)
Laundry Room, Common Area, Washer Hookup, Electric Dryer Hookup
Membrane
Public Sewer
Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Public, Street Lights, Fiber Optics, Water Connected
Address Map
FL
Sarasota
SARASOTA
34236
525 RAWLS AVENUE
0
W83° 27' 44''
N27° 19' 55.7''
Downtown Sarasota between Orange & Osprey. North of Oak St and South of Laurel St. At the corner of Rawls Ave & Cherry Ln
BURNS REALTY
Additional Info
QUEST PROPERTIES INC
Timothy Bloch
Brick, Wood Frame, Block, Stucco
0
Slab
281516427
281518551
5
No
$12,863
2024
Public
RSM9
04/23/2025 23:08:46
$0

    525 RAWLS AVENUE, SARASOTA, Florida 34236

    525 RAWLS AVENUE, SARASOTA, Florida 34236

    1,316 Sqft
    $1,150,000
    Listing ID #A4650013
    Basic Details
    Property Type : Residential Income
    Listing Type : For Sale
    Listing ID : A4650013
    Price : $1,150,000
    Square Footage : 1,316 Sqft
    Year Built : 1920
    Lot Area : 3,952 Sqft
    Standard Status : Active
    MLS Status : Active
    Property Type : Multi Family
    Agent Info
    Randall Ureña
    Contact Agent
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