407 Ohio Place, Sarasota, FL 34236
Local realty services provided by:Better Homes and Gardens Real Estate Atchley Properties
Listed by: ryan skrzypkowski
Office: coldwell banker realty
MLS#:A4667604
Source:MFRMLS
Price summary
- Price:$1,100,000
- Price per sq. ft.:$403.08
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 #:A4667604
- Added:492 day(s) ago
- Updated:December 17, 2025 at 04:40 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:$1,100,000
- Price per sq. ft.:$403.08
- Tax amount:$11,173 (2023)
The information being provided by Stellar Mls is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Stellar Mls. Better Homes and Gardens Real Estate Atchley Properties is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Better Homes and Gardens Real Estate Atchley Properties, a broker participant of Stellar Mls. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site.
The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Stellar Mls and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited.
Properties in listings may have been sold or may no longer be available.
Copyright 2025 Stellar Mls. All rights reserved.New listings near 407 Ohio Place
- New
$739,691Active4 beds 4 baths3,053 sq. ft.8508 Golden Dawn Court, SARASOTA, FL 34241
MLS# A4675604Listed by: TAYLOR MORRISON RLTY OF FLA - New
$99,900Active1 beds 1 baths636 sq. ft.1890 Palm Springs Street, SARASOTA, FL 34234
MLS# N6141948Listed by: EXIT KING REALTY - New
$429,900Active0.19 AcresSouthwood Street, SARASOTA, FL 34231
MLS# A4675599Listed by: LOYD ROBBINS & CO. LLC - New
$400,000Active2 beds 2 baths1,480 sq. ft.6620 Schooner Bay Circle #6620, SARASOTA, FL 34231
MLS# A4675083Listed by: RE/MAX ALLIANCE GROUP - New
$289,900Active3 beds 2 baths1,210 sq. ft.3672 Parkridge Circle #27-106, SARASOTA, FL 34243
MLS# O6368041Listed by: BEYCOME OF FLORIDA LLC - New
$309,000Active3 beds 2 baths1,447 sq. ft.6228 Country Club Way, SARASOTA, FL 34243
MLS# A4673594Listed by: MS REALTY MICKEY SCHWEITZER & ASSOCIATES LLC - New
$429,000Active2 beds 2 baths1,723 sq. ft.5121 Flagstone Drive, SARASOTA, FL 34238
MLS# A4675325Listed by: MICHAEL SAUNDERS & COMPANY - New
$1,348,000Active2 beds 2 baths1,587 sq. ft.1336 Benjamin Franklin Drive #2A, SARASOTA, FL 34236
MLS# A4675563Listed by: MICHAEL SAUNDERS & COMPANY - New
$495,000Active2 beds 2 baths1,540 sq. ft.8733 Rain Song Road, SARASOTA, FL 34238
MLS# A4675331Listed by: MICHAEL SAUNDERS & COMPANY - New
$370,000Active3 beds 3 baths1,725 sq. ft.2419 Midnight Pearl Drive, SARASOTA, FL 34240
MLS# A4675542Listed by: COLDWELL BANKER REALTY
Protect your home and budget with an American Home Shield© home warranty. Learn more© 2025 Better Homes and Gardens Real Estate LLC. An Anywhere Real Estate company. All rights reserved. Better Homes and Gardens® Real Estate is a registered trademark owned by Meredith Operations Corporation, licensed to Better Homes and Gardens Real Estate LLC and used with permission. Better Homes and Gardens Real Estate LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Listing information is deemed reliable but is not guaranteed accurate.
Each office is independently owned and operated.
Any services or products provided by third parties are not provided by, affiliated with or related to Better Homes and Gardens Real Estate LLC, or its affiliated companies.