525 Rawls Ave., Sarasota, FL 34236

525 Rawls Ave., Sarasota, FL 34236
Photo 1 of 27
$1,150,000
Beds Baths Sq. Ft. Taxes Built
0.00 1,316 $12,863.40 1920
On the market: 132 days

Est. Monthly Payment:

$7,958($6,886 + $1,072 taxes*)

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APPROVED
View full details, 15 photos, school info, and price history
Under contract-accepting backup offers. 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.
Listing courtesy of Timothy Bloch, QUEST PROPERTIES INC