525 Rawls Avenue, SARASOTA, FL 34236

Local realty services provided by:Better Homes and Gardens Real Estate Lifestyles Realty
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525 Rawls Avenue,SARASOTA, FL 34236
$1,150,000
Virtual Tour
  • - Beds
  • - Baths
  • 1,316 sq. ft.
  • Multi-family
  • Pending
Listed by:timothy bloch
Office:quest properties inc
MLS#:A4650013
Source:MFRMLS

Price summary

  • Price:$1,150,000
  • Price per sq. ft.:$873.86

About this home

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.

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Home facts

  • Year built:1920
  • Listing Id #:A4650013
  • Added:59 day(s) ago
  • Updated:August 14, 2025 at 07:40 AM

Rooms and interior

  • Living area:1,316 sq. ft.

Heating and cooling

  • Cooling:Ductless
  • Heating:Electric

Structure and exterior

  • Roof:Membrane
  • Year built:1920
  • Building area:1,316 sq. ft.
  • Lot area:0.09 Acres

Utilities

  • Water:Public, Water Connected
  • Sewer:Public, Public Sewer, Sewer Connected

Finances and disclosures

  • Price:$1,150,000
  • Price per sq. ft.:$873.86
  • Tax amount:$12,863 (2024)
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