New Listing - 04/23/2025
525 RAWLS AVENUE, Sarasota, FL, 34236
0 beds
1920
1,316 sqft
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.
Status:
Active
Type:
Multi-family
Laundry Remarks:
Common Area, Electric Dryer Hookup, Laundry Room, Washer Hookup
Units:
5
Subdivision:
BURNS REALTY
Heating:
Electric
Cooling:
Mini-Split Unit(s)
Acreage:
0.09
Est. Taxes:
$12,863
Construction
Block, Brick, Stucco, Wood Frame
Utilities
Cable Connected, Electricity Connected, Fiber Optics, Natural Gas Connected, Public, Sewer Connected, Street Lights, Water Connected
Days on Market:
1
MLS #:
A4650013
Community Info
School Info
Walk Score
Yelp
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Listing courtesy of Quest Properties Inc Phone: 941-504-1111