This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
525 Rawls Ave
Sarasota, FL 34236
Multifamily Property For Sale
·
5 Units
Property Facts
| No. Units | 5 | Building Size | 1,316 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1920 |
| Building Class | C | Parking Ratio | 1/1,000 SF |
| Lot Size | 0.10 AC | ||
| Zoning | RSM9 - Residential | ||
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.10 AC |
| Building Size | 1,316 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1920 |
| Parking Ratio | 1/1,000 SF |
| Zoning | RSM9 - Residential |
Amenities
Unit Amenities
- Air Conditioning
Site Amenities
- Laundry Facilities
About 525 RAWLS AVE , SARASOTA, FL 34236
The iconic Poet Carriage House in the Historic Laurel Park District of Sarasota. Close to the famous Burns Court and Downtown. Within walking distance of Shops, Galleries, Restaurants, Theaters, Cinemas, and the Business District. Legend has it The Poet Carriage House was one of Ernest Hemingway's favorite rest stops when visiting Sarasota! The property currently comprises 5 Income Producing Apartments on the Second Floor which can be rented on an Annual, Seasonal or Short Term basis. Each Apartment has its own Balcony overlooking a tropically landscaped Private Terrace. The Ground Floor consists of Garages and/or Storage Spaces and Laundry producing additional income. Potential future expansion could include conversion or enlargement and/or building out additional Apartments, Live Work or Single/Multi-Family High-End Residences. This is a wonderful opportunity to invest in vibrant Sarasota and enjoy future property appreciation whilst earning income and envision and plan future Redevelopment. ND-CA required for Financial Disclosure (attached).
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 5 | - | - |
Property Taxes
| Parcel Number | 2027-10-0039 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $847,568 |
Property Taxes
