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.
For sale
$1,150,000
525 Rawls Ave, Sarasota, FL 34236
1beds
5baths
1,316sqft
Est.:
Multi Family
Built in 1920
-- sqft lot
$-- Zestimate®
$874/sqft
$-- HOA
What's special
Renovated with new kitchensNew mini-split ac systemsLarge private terraces
- 2 days
- on Zillow |
- 238 |
- 15 |
Zillow last checked: 7 hours ago
Listing updated: April 24, 2025 at 02:31am
Listing Provided by:
Timothy Bloch 941-504-1111,
QUEST PROPERTIES INC 941-504-1111
Source: Stellar MLS,MLS#: A4650013
Originating MLS: Sarasota - Manatee


Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 5
Heating
- Electric
Cooling
- Ductless
Appliances
- Laundry: Common Area, Electric Dryer Hookup, Laundry Room, Washer Hookup
Features
- Ceiling Fan(s), Open Floorplan
- Has fireplace: No
Interior area
- Total interior livable area: 1,316 sqft
Video & virtual tour
Property
Features
- Exterior features: Balcony, Courtyard, Lighting, Sidewalk, Storage
- Fencing: Fenced
Lot
- Size: 3,952 Square Feet
Details
- Parcel number: 2027100039
- Zoning: RSM9
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Block, Brick, Stucco, Wood Frame
- Foundation: Slab
- Roof: Membrane
Condition
- New construction: No
- Year built: 1920
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected, Electricity Connected, Fiber Optics, Natural Gas Connected, Public, Sewer Connected, Street Lights, Water Connected
Community & HOA
Community
- Subdivision: BURNS REALTY
HOA
- Has HOA: No
- Pet fee: $0 monthly
Location
- Region: Sarasota
Financial & listing details
- Price per square foot: $874/sqft
- Annual tax amount: $12,863
- Date on market: 4/23/2025
- Ownership: Fee Simple
- Total actual rent: 0
- Electric utility on property: Yes
- Road surface type: Asphalt
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