525 Rawls Avenue, Sarasota, FL 34236
- Sqft
- 1,316
View property features, location on map, relevant school information and overview from seller's agent.
- 5
- 0
Overview
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.
Location
Full feature list
Basic info
- Property type
- Multi-family
- Square feet
- 1,316
- Lot size (acres)
- 0.09
- Year built
- 1920
Utilities
- Heating
- Electric
- Cooling
- Ductless
- Sewer
- Public sewer
- Water
- Public
Taxes
- Tax Annual Amount (2024)
- $12,863.40
Public schools
Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.
Sourced from: Stellar MLS MLS®#: A4650013 Last checked: …
