525 RAWLS AVENUE, Sarasota, FL 34236
- $1,150,000
Overview
- Multi Family, Residential Income
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.
Address
Open on Google Maps-
Address: 525 RAWLS AVENUE
-
City: Sarasota
-
State/county: FL
-
Zip/Postal Code: 34236
-
Country: US
Details
Updated on September 25, 2025 at 12:38 am-
Property ID HZA4650013
-
Price $1,150,000
-
Land Area 0.09 Acres
-
Garage Size x x
-
Year Built 1920
-
Property Type Multi Family, Residential Income
-
Property Status Closed
Additional details
-
Roof Membrane
-
Utilities Cable Connected,Electricity Connected,Fiber Optics,Natural Gas Connected,Public,Sewer Connected,Water Connected
-
Sewer Public Sewer
-
Cooling Ductless
-
Heating Electric
-
County Sarasota
-
Property Type Residential Income
-
Community Features Street Lights
Mortgage Calculator
-
Down Payment
-
Loan Amount
-
Monthly Mortgage Payment
-
Property Tax
-
Home Insurance
-
PMI
-
Monthly HOA Fees