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For Sale

407 OHIO PL

407 OHIO PL, SARASOTA, FL 34236

$1,195,000
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!

5
beds

3
baths

1,826 Sq.Ft. LIVING AREA

9,281 Sq.Ft. lot

Ryan Skrzypkowski

Ryan Skrzypkowski

Features & Amenities

Interior

  • total bedrooms5
  • Total bathrooms3
  • Laundry room Common Area, Laundry Room
  • APPLIANCES Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • other interior Features Ceiling Fans(s), Living Room/Dining Room Combo, Open Floorplan, Solid Surface Counters

Area & Lot

  • Status For Sale
  • Living Area1,826 Sq.Ft.
  • Lot Area9,281 Sq.Ft.
  • MLS® IDA4619451
  • TypeMulti-Family
  • YEAR BUILT1940
  • NeighborhoodSarasota
  • View DescriptionGarden
  • Elementary SchoolSouthside Elementary
  • Middle SchoolBooker Middle
  • High SchoolSarasota High

Exterior

  • STORIES1
  • water SourcePublic
  • utilitiesCable Connected, Electricity Connected, Public, Sewer Connected, Water Connected
  • roofShingle
  • lot featuresCorner Lot, Flag Lot, Historic District, City Limits, Landscaped, Sidewalk, Paved
  • HEAT TYPEElectric
  • AIR CONDITIONINGWall/Window Unit(s)
  • sewerPublic Sewer
  • SubstructureSlab
  • other exterior FeaturesFence, Lighting, Sidewalk, Sliding Doors, Storage

Financial

  • Sales Price$1,195,000
  • Real Estate Tax $11,173/yr
  • Zoning RSM9
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Thank you for your interest in 407 OHIO PL, SARASOTA, FL 34236. We are reviewing your request and will be in touch shortly!

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