Tour
$10,000 Closing Credit¹
#A4619451, Ryan Skrzypkowski, Listing Office: COLDWELL BANKER REALTY
$1,150,000 List price
525 Rawls Ave Sarasota, FL 34236
$10,000
Closing credit¹
0 beds
1,316 sqft
0.09 acres
$874 / sqft
Multi-Family
Property details
About 525 Rawls Ave
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.
Highlights
Home typeMulti Family
HeatingElectric
StatusActive
CoolingDuctless
Size1,316 sqft
Lot size0.09 Acres
Year built1920
MLS #A4650013
Virtual tour
Summary
- Interior: Ceiling Fans(s), Open Floorplan
- Private Pool: No
- Exterior: Balcony, Courtyard, Fence, Lighting, Sidewalk, Storage
- Heating: Electric
- Cooling: Ductless
- List Price: $1,150,000
- Price/SqFt: $873
- Annual Tax Amount: $11,363
- Tax Year: 2023
- Directions: Downtown Sarasota between Orange & Osprey. North of Oak St and South of Laurel St. At the corner of Rawls Ave & Cherry Ln
- Year Built: 1920
- Living Area: 1,316 SqFt
- Lot Size: 0.09 Acres
- MLS Number: A4650013
- MLS Name: MFRMLS
- Office Name: QUEST PROPERTIES INC
- Office Phone: (941) 504-1111
- Listing Agent: Timothy Bloch
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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Copyright 2025 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/1/2025, 11:49:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$1,150,000
525 Rawls Ave
$10,000
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Sep 26, 2019 | Home Sold | $767,500 |
| Nov 23, 2016 | Home Sold | $530,000 |
| Jul 01, 2013 | Home Sold | $437,000 |
| Feb 04, 2005 | Home Sold | $575,000 |
| Aug 25, 2004 | Home Sold | $445,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $769,100 | $11,363 |
| 2022 | $782,300 | $10,915 |
| 2021 | $578,900 | $10,915 |
| 2020 | $559,400 | $9,449 |
| 2019 | $470,600 | $7,935 |
| 2018 | $429,900 | $7,306 |
| 2017 | $410,200 | $7,056 |
History based on county public records data.
Nearby schools
5
Alta Vista Elementary School
Public District PK-5
1.2 mi
•1050 S Euclid Ave
10
Southside Elementary School
Public District PK-5
1.7 mi
•1901 Webber St
4
Tuttle Elementary School
Public District PK-5
1.7 mi
•2863 8th St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $48,260. The majority of Sarasota, FL residents have income between $35k-100k annually. Typical family type is single, no kids. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
39%
<35k
49%
35k-100k
10%
100k-200k
2%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
75%
Single, No Kids
5%
Single, with Kids
16%
Married, No Kids
4%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
4%
<11 yrs old
3%
12-17 yrs old
34%
18-34 yrs old
43%
35-64 yrs old
16%
65+ yrs old
What do the neighbors do for fun?
Continuing Education Courses
PGA/LPGA
Minor League Baseball Games
Where do the neighbors shop?
Express/Express For Men
Chico's
New York & Company
Where do the neighbors go to eat?
Qdoba
Cracker Barrel
Chick-fil-A
What do the neighbors drive?
Volkswagen
Buick
Kia
What do the neighbors listen to?
Urban Contemporary
Soft Adult Contemporary
Talk/Personality
All data provided by Home Junction and Claritas
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This home is located at 525 Rawls Ave in Sarasota, FL and zip code 34236 in the Laurel Park neighborhood. This 1,316 square foot home, which was built in 1920, sits on a 0.09 acre lot. Features: 0 bedroom, 0 bathroom. It has been listed on Rocket Homes since April 23, 2025 and is currently priced at $1,150,000.
Sarasota, FL housing market in April 2025 saw over 35 listings sold above listed price, more than 77 sold at listed price and over 421 sold below. In April 2025 in Sarasota, FL there were 1.6% more homes for sale than in March. In April 2025, listings were on the market for 69 days. During the same period, the median list price in this real estate market was $500,494.
From Rocket Homes Real Estate and based on county public records data.