525 Rawls Avenue, Sarasota, FL 34236 - Photo 1

1/1

$1,035,000

Sold
Closed
Multi-Family
5 Units
0.09 Acres

1/1

Property Description

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.

Full Property Details

Full Property Details for 525 Rawls Ave

General

Sold For: $1,035,000
Taxes: $12,863 (2024)
Status: Closed
Type: Multi-Family
Source: MidFloridaRegionalMLS
MLS ID: A4650013
Added to Site: 268 day(s) ago

Interior

Interior Features: Ceiling Fan(s), Open Floorplan

Rooms

Other Rooms

Laundry: Common Area, Electric Dryer Hookup, Laundry Room, Washer Hookup

Exterior

Exterior Features: Balcony, Courtyard, Fenced, Lighting, Sidewalk, Storage

Location

Area: 34236 - Sarasota
County: Sarasota
Development Name: 34236 - Sarasota
Subdivision: BURNS REALTY
Driving Directions: Downtown Sarasota between Orange & Osprey. North of Oak St and South of Laurel St. At the corner of Rawls Ave & Cherry Ln

Community

Community Name: 34236 - Sarasota

Heating & Cooling

Cooling Type: Mini-Split Unit(s)
Heating Type: Electric

Utilities

Sewer: Public Sewer
Water: Public
Utility Description: Cable Connected, Electricity Connected, Fiber Optics, Natural Gas Connected, Public, Sewer Connected, Street Lights, Water Connected

Structural Information

# Buildings: 1
Exterior Const.: Block, Brick, Stucco, Wood Frame
Roof: Membrane
Square Feet: 1,316
Sq. Ft. Source: Public Records
Living Area: 1,316 Sq. Ft.
Year Built: 1920

Lot Features

Lot Size (Acres): 0.09
Lot Size (Sq. Ft.): 3,952
Lot Size: 3952
Street/Road Desc.: Asphalt

Financial Considerations

Tax Amount: $12,863.4
Tax Year: 2024

Disclosures and Reports

Ownership: Fee Simple
Special Conditions: None
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
Flood Zone Info: x
APN: 2027100039
Property ID: 2027100039
Block/Lot/Section: G

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Meet the selling agent

— 525 Rawls Ave —

Enrique Coletti

Email Me

(941) 952-8164 mobile

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NMLS#: 1598647

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Schools

Schools serving 525 Rawls Ave

School District:Sarasota County School District

Name	Grades	Distance
Southside Elementary School, Sarasota, FL 1901 Webber Street, Sarasota, FL 34239	PK-5	1.6 mi
Booker Middle School 2250 Myrtle Street, Sarasota, FL 34234	6-8	2.6 mi
Sarasota High School 2155 Bahia Vista Street, Sarasota, FL 34239	9-12	0.9 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 525 Rawls Ave

Date

Details

Price

Change

Source

9/24/2025

Sold

$1,035,000

-10%

MLS

4/23/2025

Listed

$1,150,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Single Family
Active
Updated 2 days ago

4
Beds
4
Total Baths
3,417
Sq. Ft.

Listed by Pettingell Professionals (941) 383-6411 and The NEST Group (941) 383-6411

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Just Listed

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Open House

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Condo
Active
Updated 21 hours ago

2
Beds
2
Total Baths
1,096
Sq. Ft.

Listed by Marcela Terrell (941) 929-3010

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Condo
Active
Updated 2 days ago

2
Beds
2
Total Baths
1,503
Sq. Ft.

Listed by Bruce Myer Group (941) 383-6411

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Just Listed

$1,125,000

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Condo
Active
Updated 1 day ago

2
Beds
2
Total Baths
1,463
Sq. Ft.

Listed by The Leventhal Team (941) 383-6411

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3543 Mistletoe Ln Longboat Key, FL 34228

Single Family
Active
Updated 4 days ago

3
Beds
4
Total Baths
3,239
Sq. Ft.

Listed by Bruce Myer Group (941) 383-6411

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Price Reduced

-$20,000 (-5.41%)

$350,000

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Condo
Active
Updated 6 days ago

1
Bed
1
Total Bath
837
Sq. Ft.

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Price Reduced

-$9,500 (-2.12%)

$439,000

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Single Family
Active
Updated 3 days ago

2
Beds
2
Total Baths
1,484
Sq. Ft.

Listed by Rebecca Dean (850) 766-7090

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Price Reduced

-$56,000 (-3.93%)

$1,369,000

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Single Family
Active
Updated 4 hours ago

3
Beds
2
Total Baths
2,353
Sq. Ft.

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Sold

$1,075,000

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Condo
Closed

2
Beds
4
Total Baths
2,313
Sq. Ft.

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Sold

$885,000

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Single Family
Closed

2
Beds
2
Total Baths
1,572
Sq. Ft.

Listed by Pettingell Professionals
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Sold

$1,010,000

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Condo
Closed

2
Beds
2
Total Baths
1,636
Sq. Ft.

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Sold

$1,072,000

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Single Family
Closed

2
Beds
2
Total Baths
1,713
Sq. Ft.

Listed by Tammy Garner
Sold by Mark Klecka

525 Rawls Avenue, Sarasota, FL 34236 (MLS# A4650013) is a Multi-Family property that was sold at $1,035,000 on September 24, 2025. This property was sold by Enrique Coletti from our Sarasota Downtown Office.Want to learn more about 525 Rawls Avenue? Do you have questions about finding other Multi-Family real estate for sale in Sarasota? You can browse all Sarasota real estate or contact a Coldwell Banker agent to request more information.

525 Rawls Ave Sarasota, FL 34236