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listing
1 of 27
Residential IncomeFor Sale
$1,150,000
525 Rawls Avenue
Sarasota, FL 34236
Listed by: Quest Properties Inc, (941) 504-1111
MLS: Stellar MLS
0Beds
1,316Sq Ft
Est. Mortgage
$6,036/mo

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.

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Listing provided by Quest Properties Inc
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