Residential Income for Sale: 407 OHIO PLACE, SARASOTA, FL 34236

5 beds
$1,195,000
$1,195,000
407 OHIO PLACE, SARASOTA, FL 34236
5 beds
$1,195,000
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Price:
$1,195,000

Type Residential Income
Beds 5
Total Living Area 1,826 sqft
Lot Size 0.21 acres
Year Built 1940
Taxes Paid $11,173

City SARASOTA
Area 34236 - Sarasota
County Sarasota
Subdivision RHODES & HALE SUB

MLS A4619451
Status Active
DOM 129 days
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!

Virtual Tours for 407 OHIO PLACE SARASOTA, FL

Lot & Building Features

Appliances Dishwasher, Washer, Refrigerator, Range, Microwave, Dryer
Construction Block, Stucco
Cooling Wall/Window Unit(s)
Heating Electric
Interior Decor Ceiling Fans(s), Solid Surface Counters, Open Floorplan, Living Room/Dining Room Combo
Sewer Public Sewer
Tax Year 2023
Taxes Paid $11,173
Water Public
Windows And Doors Blinds, Shades

Community and Schools

Junior High School Booker Middle

Price History of 407 OHIO PLACE, SARASOTA, FL

Date Name Price Difference
12/31/1969 Listing Price $1,195,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Map of 407 OHIO PLACE, SARASOTA, FL

Location Map Street View
Photo of Megan Kesky
Office
1201 6th Ave W
Bradenton, FL 34205
888-804-9992
Listed by COLDWELL BANKER REALTY, Ryan Skrzypkowski
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0.93497907949791%
6.75%
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Principal & Interest
Monthly Taxes
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407 OHIO PLACE (MLS #A4619451) is a residential income listing located in SARASOTA, FL. This is a residential income listing with a lot of 9,148 sqft (or 0.21 acres). This property was listed on 09/26/2024 and has been priced for sale at $1,195,000.

Nearby zip codes are 34237, 34239 and 34240.

Stellar MLS

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: COLDWELL BANKER REALTY