$1,195,000

407 Ohio Pl Sarasota, FL 34236

$10,000
Closing credit¹
5 beds
3 baths
1,826 sqft
0.2 acres
$654 / sqft
Multi-Family

Property details

About 407 Ohio Pl

Welcome to a rare Triplex in the coveted Downtown Historic District of Laurel Park, Sarasota. This well-maintained triplex is an established Airbnb property with a proven rental record. It offers a turn-key solution for savvy investors or homeowners looking to capitalize on its steady income potential. The triplex has been beautifully renovated and maintained by the current owners. It features three charming units: all with their own private driveway. The two front units have two bedrooms and one bathroom each, and the rear unit has one bedroom and one bathroom. it uniquely has an address on Laurel Street as the flag lot has frontage on both Ohio Place and Laurel Street. Each unit includes a private rear patio with patio sets, off-street parking, and washers/dryers (with two units sharing a laundry area); another has a washer and dryer inside. Fully furnished and ready to continue as a successful vacation rental, as it has been, but could also be converted to long-term, this property promises a hassle-free transition with existing management and future bookings in place. With 2024 financials mirroring the success of 2023, this property promises steady income. This triplex has consistently achieved Airbnb Superhost status, attracting guests and generating reliable income year-round. The seller is eager to facilitate a smooth transfer, ensuring the new owner experiences the same benefits. In 2023, this property generated $111,599.17. January to June 2024 has been $74,084.36, which is almost identical to 2023's numbers. All of this will be available upon request to a qualified potential buyer, there are also some gaps in the methods of the owner... This is a hands-off investment for the current owner; with a little more effort, signage, and efforts to book repeat guests for the following year, I am sure that the income could be pushed higher. Nestled in the National Historic District of Laurel Park, this property offers easy access to Sarasota’s bayfront, restaurants, shopping, Selby Gardens, and vibrant arts and theater venues. Seize the opportunity to own this turn-key triplex in Laurel Park and start benefiting from proven Airbnb rental success, the upside potential to Sarasota's growth, and enjoy the continued growth of the best place residential neighborhood in Sarasota's Down Town area. Contact us today to explore this income-generating gem!

Highlights

Home typeTriplex
HeatingElectric
StatusActive
CoolingWall/Window Unit(s)
Size1,826 sqft
Lot size0.21 Acres
Year built1940
MLS #A4619451
ViewGarden

Virtual tour

Summary

  • MLS Number: A4619451
  • MLS Name: MFRMLS
  • Office Name: COLDWELL BANKER REALTY
  • Office Phone: (941) 383-6411
  • Listing Agent: Ryan Skrzypkowski

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IDX 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: 3/4/2025, 12:20:03 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front of property with a front lawn

$1,195,000

407 Ohio Pl

$10,000

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Dec 21, 2020
Home Sold
$715,000
Oct 27, 2008
Home Sold
$318,000
Jul 21, 2003
Home Sold
$300,000

Tax history

YearAssessmentProperty Tax
2023$798,500$11,172
2022$865,200$11,119
2021$555,500$11,119
2020$571,700$8,953
2019$378,477$7,450
2018$344,070$7,036
2017$440,400$6,282

History based on county public records data.

Nearby schools

5

Alta Vista Elementary School

Public District PK-5

1.1 mi

1050 S Euclid Ave

4

Tuttle Elementary School

Public District PK-5

1.6 mi

2863 8th St

10

Southside Elementary School

Public District PK-5

1.7 mi

1901 Webber St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

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. Most families are single, no kids. Residents of this area typically 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 CoursesContinuing Education Courses
  • PGA/LPGAPGA/LPGA
  • Minor League Baseball GamesMinor League Baseball Games

Where do the neighbors shop?

  • Express/Express For MenExpress/Express For Men
  • Chico'sChico's
  • New York & CompanyNew York & Company

Where do the neighbors go to eat?

  • QdobaQdoba
  • Cracker BarrelCracker Barrel
  • Chick-fil-AChick-fil-A

What do the neighbors drive?

  • VolkswagenVolkswagen
  • BuickBuick
  • KiaKia

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • Soft Adult ContemporarySoft Adult Contemporary
  • Talk/PersonalityTalk/Personality
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 407 Ohio Pl in Sarasota, FL and zip code 34236 in the Laurel Park neighborhood. This 1,826 square foot home, which was built in 1940, sits on a 0.21 acre lot. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since August 12, 2024 and is currently priced at $1,195,000.

Sarasota, FL housing market in February 2025 saw over 17 listings sold above listed price, more than 62 sold at listed price and over 258 sold below. In February 2025 in Sarasota, FL there were 10.1% more homes for sale than in January. The median list price of listings available in February 2025 was $510,555, while the average time on the real estate market was 72 days.

From Rocket Homes Real Estate and based on county public records data.

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