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.
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.
Property Details
Price:
$1,150,000
MLS #:
A4650013
Status:
Active
Beds:
0
Baths:
0
Address:
525 RAWLS AVENUE
Type:
Multi Family
Subdivision:
BURNS REALTY
Neighborhood:
34236 – Sarasota
City:
SARASOTA
Listed Date:
Apr 23, 2025
State:
FL
Finished Sq Ft:
1,316
ZIP:
34236
Year Built:
1920
Units:
5
Schools
Interior
Cooling
Mini- Split Unit(s)
Heating
Electric
Laundry Features
Common Area, Electric Dryer Hookup, Laundry Room, Washer Hookup
Exterior
Construction Materials
Block, Brick, Stucco, Wood Frame
Exterior Features
Balcony, Courtyard, Fenced, Lighting, Sidewalk, Storage
Roof
Membrane
Financial
Tax Year
2024
Taxes
$12,863
Map
Community
- Address525 RAWLS AVENUE SARASOTA FL
- SubdivisionBURNS REALTY
- CitySARASOTA
- CountySarasota
- Zip Code34236
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Courtesy of QUEST PROPERTIES INC. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Stellar MLS. Detailed information about real estate listings held by brokerage firms other than CENTURY 21 Carioti include the name of the listing broker. Neither the listing company nor CENTURY 21 Carioti shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. Stellar MLS. All rights reserved. 525 RAWLS AVENUE
SARASOTA, FL
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