1. Teri Watford, REALTOR ®
  2. Tropic Shores Realty
  3. Serving America's Heroes in the Central Florida Ocala Area!

525 Rawls Avenue, SARASOTA, FL 34236

Priced at Only: $1,150,000

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  • MLS#: A4650013 ( Residential Income )
  • Street Address: 525 Rawls Avenue
  • Viewed: 42
  • Price: $1,150,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1920
  • Bldg sqft: 0
  • Days On Market: 90
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.
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  •   Principal & Interest -
  •   Property Tax $
  •   Home Insurance $
  •   HOA Fees $
  •   Mortgage Insurance-

  •   Monthly -
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Exterior Features: Balcony, Courtyard, Fence, Lighting, Sidewalk, Storage
  • Living Area: 1316.00
  • Roof: Membrane
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
Eco-Communities
  • Water Source: Public
Utilities
  • Carport Spaces: 0.00
  • Cooling: Ductless
  • Heating: Electric
  • Sewer: Public Sewer
  • Utilities: Cable Connected, Electricity Connected, Fiber Optics, Natural Gas Connected, Public, Sewer Connected, Water Connected
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Tax Year: 2024
Other Features
  • Country: US
  • Interior Features: Ceiling Fans(s), Open Floorplan
  • Legal Description: 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
  • Area Major: 34236 - Sarasota
  • Parcel Number: 2027100039
  • Views: 42
  • Zoning Code: RSM9

Contact Info

Headshot for Associate Teri Watford
  1. Teri Watford, REALTOR ®
  2. Tropic Shores Realty
  3. Serving America's Heroes in the Central Florida Ocala Area!
  4. Office: 573.612.8147
  5. teri.watford@gmail.com
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