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SARASOTA, FL 34236 407 OHIO PLACE

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Presented By: COLDWELL BANKER REALTY with 941-383-6411. - 941-383-6411
  • MLS# A4667604
  • 10/28/2025
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  • Beds • 5
  • Baths • 3
  • SQFT • 1,826

Home Details

Welcome to a rare income-producing opportunity in the coveted Downtown Historic District of Laurel Park, Sarasota. This beautifully renovated and meticulously maintained triplex blends timeless character with proven financial performance, offering the perfect combination of lifestyle and investment potential. Currently operating as an established Airbnb with Superhost status and professional management in place, this property provides steady, verifiable income with strong year-over-year performance and the flexibility to continue as a high-yield short-term rental or transition to long-term tenants for predictable cash flow. The triplex features three charming, fully furnished units—two front units with two bedrooms and one bathroom each, and a one-bedroom, one-bathroom rear unit. Each includes private driveways, off-street parking, patios, and either in-unit or shared laundry. Situated on an exceptional flag lot with dual frontage on both Laurel Street and Ohio Place, this property offers rare privacy, accessibility, and redevelopment potential. The lot’s size and configuration make it ideal for a future custom residence, offering one of the most desirable build opportunities within Sarasota’s downtown core. Financially, the property has a consistent and transparent performance record, generating $111,599 in 2023, $106,893 in 2024, and a projected $103,000 in 2025. Importantly, these figures already reflect reduced occupancy, as the owners reserve the property multiple times per year for family use. Without that usage, the income potential is expected to reach or exceed $120,000 annually, offering clear upside for an investor focused on maximizing returns. With stronger marketing, repeat-guest programs, and continuous availability, this property’s income could grow substantially while remaining a largely hands-off investment. This triplex stands out not only for its returns but also for its flexibility. Investors can enjoy immediate passive income with management and future bookings already in place, or occupy one unit and rent the others to offset ownership costs. The property’s prime location within the National Historic District of Laurel Park enhances its long-term value, offering walkable access to Sarasota’s Bayfront, Selby Gardens, Main Street dining, shopping, and the city’s renowned arts and theater venues. Laurel Park’s historic charm, walkability, and strong rental demand make it one of Sarasota’s most stable and appreciating neighborhoods for both investors and homeowners alike. With its combination of proven rental history, turnkey condition, desirable lot, and premier downtown location, this property represents a rare opportunity to own an asset that delivers reliable income today and exceptional upside tomorrow. Whether held as a passive income generator, a personal retreat with investment benefits, or the site of a future luxury home, this triplex embodies the best of Sarasota’s lifestyle, history, and growth potential. Don’t miss your chance to own this exceptional property in one of Sarasota’s most sought-after neighborhoods—where historic character meets lasting investment value.
Presented By: COLDWELL BANKER REALTY with 941-383-6411. - 941-383-6411

Interior Features for 407 OHIO PLACE

Bedrooms

Total Bedrooms5

Bathrooms

Total Baths3

Other Interior Features

LivingAreaSourcepublic records
Air Conditioning Y/NYes
Common Wallscorner unit
Fireplace Y/NNo
Heating Y/NYes
Interior Amenitiesceiling fan(s), living room/dining room combo, open floorplan, solid surface counters
Laundry Featurescommon area, laundry room
Window Featuresblinds, shades

General for 407 OHIO PLACE

Additional Parcels Y/NNo
Appliancesdishwasher, dryer, microwave, range, refrigerator, washer
Building Area Unitssquare feet
Carport Y/NNo
Citysarasota
Construction Materialsblock, stucco
Coolingwall/window unit(s)
Countysarasota
Directionsfrom ringling blvd, head south on osprey to west on oak street. go north on ohio place to address
Elementary Schoolsouthside elementary
Flood Zone Codex
Flood Zone Code XY
Garage Y/NNo
Gross Income111599
HOANo
Heatingelectric
High Schoolsarasota high
Land Lease Y/NNo
Lease Considered Y/NYes
Legal Descriptionlot 6 & n 1/2 of lot 7 & ely 8 ft of s 1/2 of lot 7 & ely 8 ft of lot 8 blk b rhodes & hale sub
Levelsone
Listing Termscash, conventional
Living Area Unitssquare feet
Lot Size Square Feet9281
Lot Size Unitssquare feet
MLS Area34236 - sarasota
Middle/Junior High Schoolbooker middle
Minimum Lease1 week
ModificationTimestamp2025-10-29t10:52:21.730z
New ConstructionNo
Number Of Units Total3
Occupancy Typetenant
Ok to Lease>6 months <12
Ownershipfee simple
Patio/Porch Featurescovered
Pets Allowedcats ok, dogs ok, yes
Property Conditioncompleted
Property Subtypetriplex
Property Typeresidential income
Roofshingle
Senior Community Y/NNo
Sewerpublic sewer
Standard Statusactive
Statusactive
Subdivision Namerhodes & hale sub
Tax Annual Amount11173
Tax Lot6
Tax Year2023
Total Actual Rent9300
Utilitiescable connected, electricity connected, public, sewer connected, water connected
Viewgarden
Virtual TourClick here
Water Access Y/NNo
Water View Y/NNo
Year Built1940
Zoningrsm9

Exterior for 407 OHIO PLACE

Building Area Total2729
Exterior Amenitiesfenced, lighting, sidewalk, sliding doors, storage
Foundation Detailsslab
Lot Featurescorner lot, flag lot, historic district, city lot, landscaped, sidewalk
Lot Size Acres0.21
Lot Size Area9281
Number of Buildings2
Private PoolNo
Road Frontage Typestreet paved
Road Surface Typepaved
Water Sourcepublic
Waterfront Y/NNo

Additional Details

Price History

Schools

Middle School Booker Middle
Elementary School Southside Elementary
High School Sarasota High

Steven Silcock

Broker Owner
Price $1,195,000
MLS#A4667604
List Date 10/28/2025
Property Type Income
Phone 407.574.0218
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