Sarasota, FL 34236,525 RAWLS AVE
Sarasota, FL 34236,525 RAWLS AVE
Sarasota, FL 34236,525 RAWLS AVE
Sarasota, FL 34236,525 RAWLS AVE
Sarasota, FL 34236,525 RAWLS AVE
Sarasota, FL 34236,525 RAWLS AVE
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$ 1,150,000
Est. payment | /mo

1,316 SqFt


$ 1,150,000
Est. payment | /mo

1,316 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,316 sqft

Price per Sqft $873

Subdivision Burns Realty

MLS Listing ID A4650013

HOA Y/N No

Originating Board Stellar MLS

Year Built 1920

Annual Tax Amount $12,863

Lot Size 3,920 Sqft

Acres 0.09

Property Sub-Type Multi Family

Property Description

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

State FL

County Sarasota

Community Burns Realty

Area 34236 - Sarasota

Zoning RSM9

Interior

Interior Features Ceiling Fans(s), Open Floorplan

Heating Electric

Cooling Ductless

Fireplace false

Laundry Common Area, Electric Dryer Hookup, Laundry Room, Washer Hookup

Exterior

Exterior Feature Balcony, Courtyard, Fence, Lighting, Sidewalk, Storage

Utilities Available Cable Connected, Electricity Connected, Fiber Optics, Natural Gas Connected, Public, Sewer Connected, Street Lights, Water Connected

Roof Type Membrane

Garage false

Private Pool No

Building

Foundation Slab

Lot Size Range 0 to less than 1/4

Sewer Public Sewer

Water Public

Structure Type Block,Brick,Stucco,Frame

New Construction false

Others

Senior Community No

Ownership Fee Simple

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/A4650013

Stellar MLS
Listed by QUEST PROPERTIES INC

GET MORE INFORMATION

agent
Donna DeMeglio

Associate Broker/R.E. Solution Expert | Lic# BK3009304

+1(386) 220-5303

2095 Stone Rd, DeLand, FL, 32720, USA

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525 RAWLS AVE