Presented By: QUEST PROPERTIES INC with 941-504-1111. - 941-504-1111
MLS# A4650013
04/23/2025
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SQFT • 1,316
Home Details
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.
Presented By: QUEST PROPERTIES INC with 941-504-1111. - 941-504-1111
Interior Features for 525 RAWLS AVENUE
Bedrooms
Total Bedrooms
Bathrooms
Total Baths
Other Interior Features
LivingAreaSourcepublic records
Air Conditioning Y/NYes
Fireplace Y/NNo
Heating Y/NYes
Interior Amenitiesceiling fan(s), open floorplan
Laundry Featurescommon area, electric dryer hookup, laundry room, washer hookup
General for 525 RAWLS AVENUE
Additional Parcels Y/NNo
Building Area Unitssquare feet
Carport Y/NNo
Citysarasota
Construction Materialsblock, brick, stucco, wood frame
Coolingmini-split unit(s)
Countysarasota
Directionsdowntown sarasota between orange & osprey. north of oak st and south of laurel st. at the corner of rawls ave &
cherry ln
Flood Zone Codex
Flood Zone Code XY
Garage Y/NNo
Gross Income100740
HOANo
Heatingelectric
Land Lease Y/NNo
Legal Descriptions 71.2 ft of lot 18 sub of lots 3 & 4 blk g aka burns realty co resub of lots 1 thru 8 inc blk g plat of sarasota
Living Area Unitssquare feet
Lot Size Square Feet3952
Lot Size Unitssquare feet
MLS Area34236 - sarasota
ModificationTimestamp2025-04-24t09:26:35.507z
New ConstructionNo
Number Of Units Total5
Ownershipfee simple
Property Subtypemulti family
Property Typeresidential income
Roofmembrane
Senior Community Y/NNo
Sewerpublic sewer
Standard Statusactive
Statusactive
Subdivision Nameburns realty
Tax Annual Amount12863.4
Tax Lot18
Tax Year2024
Utilitiescable connected, electricity connected, fiber optics, natural gas connected, public, sewer connected, street lights, water connected
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