407 Ohio Place, Sarasota, FL 34236
Local realty services provided by:CENTURY 21 Circle
Listed by: ryan skrzypkowski
Office: coldwell banker realty
MLS#:A4669693
Source:MFRMLS
Price summary
- Price:$1,195,000
- Price per sq. ft.:$437.89
About this home
3 UNITS in Laurel Park! This income-producing opportunity is 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.
Contact an agent
Home facts
- Year built:1940
- Listing ID #:A4669693
- Added:494 day(s) ago
- Updated:December 19, 2025 at 01:24 PM
Rooms and interior
- Bedrooms:5
- Total bathrooms:3
- Living area:1,826 sq. ft.
Heating and cooling
- Cooling:Wall/Window Unit(s)
- Heating:Electric
Structure and exterior
- Roof:Shingle
- Year built:1940
- Building area:1,826 sq. ft.
- Lot area:0.21 Acres
Schools
- High school:Sarasota High
- Middle school:Booker Middle
- Elementary school:Southside Elementary
Utilities
- Water:Public, Water Connected
- Sewer:Public, Public Sewer, Sewer Connected
Finances and disclosures
- Price:$1,195,000
- Price per sq. ft.:$437.89
- Tax amount:$11,173 (2023)
New listings near 407 Ohio Place
- New
$799,000Active4 beds 3 baths3,120 sq. ft.2002 Palm View Road, SARASOTA, FL 34240
MLS# A4675718Listed by: DOUGLAS ELLIMAN - New
$599,000Active3 beds 3 baths1,635 sq. ft.1633 Boathouse Circle #131, SARASOTA, FL 34231
MLS# A4675262Listed by: COLDWELL BANKER SARASOTA CENT. - New
$625,000Active4 beds 2 baths2,188 sq. ft.4424 Diamond Circle W, SARASOTA, FL 34233
MLS# A4675437Listed by: REAL BROKER, LLC - New
$120,000Active2 beds 1 baths500 sq. ft.4981 Pebble Beach Avenue, SARASOTA, FL 34234
MLS# A4675730Listed by: WEICHERT REALTORS HALLMARK PRO - Open Fri, 1 to 4pmNew
$2,190,000Active4 beds 3 baths2,529 sq. ft.3705 Tangier Terrace, SARASOTA, FL 34239
MLS# A4675793Listed by: PHAM REALTY GROUP LLC - New
$495,000Active3 beds 2 baths1,838 sq. ft.5510 Chanteclaire #46, SARASOTA, FL 34235
MLS# A4674891Listed by: CANDY SWICK & COMPANY - New
$927,000Active3 beds 3 baths2,358 sq. ft.6415 Midnight Pass Road #211, SARASOTA, FL 34242
MLS# A4675481Listed by: MICHAEL SAUNDERS & COMPANY - New
$3,600,000Active4 beds 5 baths3,698 sq. ft.540 N Tamiami Trail #701, SARASOTA, FL 34236
MLS# A4675649Listed by: MICHAEL SAUNDERS & COMPANY - New
$2,350,000Active3 beds 4 baths2,272 sq. ft.444 S Polk Drive, SARASOTA, FL 34236
MLS# A4675598Listed by: MICHAEL SAUNDERS & COMPANY - New
$396,880Active3 beds 3 baths1,673 sq. ft.4096 Gold Dust Lane, SARASOTA, FL 34243
MLS# A4675766Listed by: D.R. HORTON REALTY OF SARASOTA