Sold

525 Rawls Avenue, Sarasota, FL 34236

Sqft
1,316

View property features, location on map, relevant school information and overview from seller's agent.

Listed byQUEST PROPERTIES INC
  • 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

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Sourced from: Stellar MLS MLS®#: A4650013 Last checked:

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