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!
For sale
$1,195,000
407 Ohio Pl, Sarasota, FL 34236
5beds
3baths
1,826sqft
Est.:
Triplex, Multi Family
Built in 1940
-- sqft lot
$-- Zestimate®
$654/sqft
$-- HOA
What's special
Private rear patioOff-street parking
- 268 days
- on Zillow |
- 291 |
- 23 |
Zillow last checked: 7 hours ago
Listing updated: April 03, 2025 at 03:54am
Listing Provided by:
Ryan Skrzypkowski 941-328-8307,
COLDWELL BANKER REALTY 941-383-6411
Source: Stellar MLS,MLS#: A4619451
Originating MLS: Sarasota - Manatee

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
Heating
- Electric
Cooling
- Wall/Window Unit(s)
Appliances
- Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
- Laundry: Common Area, Laundry Room
Features
- Ceiling Fan(s), Living Room/Dining Room Combo, Open Floorplan, Solid Surface Counters
- Doors: Sliding Doors
- Windows: Blinds, Shades
- Has fireplace: No
- Common walls with other units/homes: Corner Unit
Interior area
- Total structure area: 2,729
- Total interior livable area: 1,826 sqft
Video & virtual tour
Property
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered
- Exterior features: Lighting, Sidewalk, Storage
- Fencing: Fenced
- Has view: Yes
- View description: Garden
Lot
- Size: 9,281 Square Feet
- Features: Corner Lot, Flag Lot, Historic District, City Lot, Landscaped, Sidewalk
Details
- Parcel number: 2027100106
- Zoning: RSM9
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex, Multi Family
Materials
- Block, Stucco
- Foundation: Slab
- Roof: Shingle
Condition
- Completed
- New construction: No
- Year built: 1940
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected, Electricity Connected, Public, Sewer Connected, Water Connected
Community & HOA
Community
- Subdivision: RHODES & HALE SUB
HOA
- Has HOA: Yes
- Pet fee: $0 monthly
Location
- Region: Sarasota
Financial & listing details
- Price per square foot: $654/sqft
- Tax assessed value: $894,100
- Annual tax amount: $11,173
- Date on market: 8/12/2024
- Listing terms: Cash,Conventional
- Ownership: Fee Simple
- Lease term: >6 Months <12
- Total actual rent: 9300
- Electric utility on property: Yes
- Road surface type: Paved
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