Property Description

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!

Features
: Electric
: Wall/Window Unit(s)
: Covered
: Sidewalk, Sliding Doors, Storage, Lighting, Fence
: Ceiling Fans(s), Open Floorplan, Living Room/Dining Room Combo, Solid Surface Counters
: Laundry Room, Common Area
: Public Sewer
: Cable Connected, Electricity Connected, Sewer Connected, Water Connected, Public
: Blinds, Shades
Appliances
: Dishwasher, Dryer, Microwave, Refrigerator, Washer, Range
Address Map
US
FL
Sarasota
Sarasota
RHODES & HALE SUB
34236
OHIO
407
PLACE
W83° 27' 53.9''
N27° 19' 58.7''
From Ringling Blvd, head South on Osprey to West on Oak Street. Go north on Ohio Place to address
34236 - Sarasota
RSM9
Neighborhood
Southside Elementary
Sarasota High
Booker Middle
Additional Information
: Public
https://www.propertypanorama.com/instaview/stellar/A4619451
1225000
2024-08-12
3
: Landscaped, Paved, Sidewalk, Corner Lot, City Limits, Historic District, Flag Lot
: One
: Slab
: Block, Stucco
2729
Financial
1
11173
Listing Information
281524757
231502433
Cash,Conventional
Active
2024-09-26T23:41:07Z
Stellar
: None
2024-09-26T23:40:53Z

Residential Income For Sale

407 Ohio Pl, Sarasota, Florida 34236

5 Bedrooms
3 Bathrooms
1,826
$1,195,000
Listing ID #A4619451
Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : A4619451
Price : $1,195,000
View : Garden
Bedrooms : 5
Bathrooms : 3
Square Footage : 1,826
Year Built : 1940
Lot Area : 0.21 Acre
Office Name : COLDWELL BANKER REALTY
Agent Name : Ryan Skrzypkowski
Property Sub Type : Triplex
Roof : Shingle
Listing Status : Active
Agent info
Contact Agent