525 RAWLS AVENUE Sarasota, FL 34236

Building Details

Year Built

1920

Listing agency QUEST PROPERTIES INC s***@gmail.com Show Phone

Listed by Timothy Bloch · License #3148982 Show Phone

Source Exitrealty

Added: Apr 24, 2025 Updated: Jul 21 at 7:06AM Checked: Jul 21 at 7:06AM

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Investment Insights

Based on property information with market context.

This for-sale multifamily property offers five rental units. Four of the units have been renovated with new kitchens, and all five units include new mini-split AC systems and large private terraces. One unit is described as turnkey furnished with proven revenue history, while the remaining four apartments are currently rented to annual tenants. The property also includes 10 mini garage units leased for tenant storage.

The building is located in the Laurel Park area, minutes from downtown and from Burns Court’s entertainment venues and restaurants.

The property is described as zoned for weekly rentals, and a pro-forma statement is available upon request. A supplemental storage revenue stream is also noted through the leased mini garages.

Key Highlights

• 5‑unit rental building built in 1920 with new mini‑split AC and large private terraces in all units
• 4 of the 5 units have been renovated with new kitchens
• 1 unit is turnkey furnished with proven revenue history in the area

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FAQs

What type of property is this?

Apartment building - Five rental units feature new mini-split AC and private terraces, with four units updated with new kitchens.

Where is this apartment building located?

The property is located at 525 RAWLS AVENUE Sarasota, FL.

What is the asking price?

The asking price for this property is $1,150,000.

What are key features of this property?

This property features: 5‑unit rental building built in 1920 with new mini‑split AC and large private terraces in all units; 4 of the 5 units have been renovated with new kitchens; 1 unit is turnkey furnished with proven revenue history in the area