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525 RAWLS AVENUE, SARASOTA, FL 34236
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$1,150,000
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Home Details for 525 RAWLS AVENUE
Price
$1,150,000
Type
Multi Family
Year Build
1920
Sq. Ft.
1316
Lot Size
0.09
County
Sarasota
Tax
$12,863.4
MLS®️ Listing#
A4650013
On exitrealty.com
239 days
Property Description
Under contract-accepting backup offers. 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.
- Utilities
- Cable Available
- Natural Gas Available
- Cable Connected
- Electricity Connected
- Natural Gas Connected
- Sewer Connected
- Water Connected
- Cooling Information
- Ductless
- Heating Information
- Electric
- Water Features
- Public
- House Interior
- Open Floorplan
Listing Courtesy: QUEST PROPERTIES INC - 941-504-1111
Listings courtesy of Stellar MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided for consumers? personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright ©2025 MLS GRID. All Rights Reserved.
Last Updated: 2025-07-24 07:31:42
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$1,150,000
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EXIT KING REALTY
3900 Clark Rd. Unit H3-H4, Sarasota, FL 34233