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  • MLS#: A4650013 ( Residential Income )
  • Street Address: 525 Rawls Avenue
  • Viewed: 9
  • Price: $1,150,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1920
  • Bldg sqft: 0
  • Days On Market: 24
  • Additional Information
  • Geolocation: 27.3321 / -82.5378
  • County: SARASOTA
  • City: SARASOTA
  • Zipcode: 34236
  • Subdivision: Burns Realty
  • Provided by: QUEST PROPERTIES INC
  • Contact: Timothy Bloch
  • 941-504-1111
  • mfrmls
  • DMCA Notice
  • Description
    Investors 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.
Property Features
Home Owners Association Fee
  1. 0.00
Carport Spaces
  1. 0.00
Close Date
  1. 0000-00-00
Cooling
  1. Ductless
Country
  1. US
Covered Spaces
  1. 0.00
Exterior Features
  1. Balcony
  2. Courtyard
  3. Fence
  4. Lighting
  5. Sidewalk
  6. Storage
Garage Spaces
  1. 0.00
Heating
  1. Electric
Insurance Expense
  1. 0.00
Interior Features
  1. Ceiling Fans(s)
  2. Open Floorplan
Legal Description
  1. S 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
  1. 1316.00
Area Major
  1. 34236 - Sarasota
Net Operating Income
  1. 0.00
Open Parking Spaces
  1. 0.00
Other Expense
  1. 0.00
Parcel Number
  1. 2027100039
Property Type
  1. Residential Income
Roof
  1. Membrane
Sewer
  1. Public Sewer
Tax Year
  1. 2024
Township
  1. 36S
Utilities
  1. Cable Connected
  2. Electricity Connected
  3. Fiber Optics
  4. Natural Gas Connected
  5. Public
  6. Sewer Connected
  7. Water Connected
Virtual Tour Url
  1. https://www.propertypanorama.com/instaview/stellar/A4650013
Water Source
  1. Public
Year Built
  1. 1920
Zoning Code
  1. RSM9