407 Ohio Pl

Sarasota, FL 34236

$1,100,000
Price
5
Beds
3
Baths
1,826 Sq. Ft.
$602 / Sq. Ft.
1,826
Sq. Ft.
$602
per Sq. Ft.
a view of a house with a yard
a view of a city with tall buildings and a bench
a living room with furniture and a couch
a kitchen with a sink and cabinets
a bedroom with a large bed and a large window
a living room with furniture and a chandelier
a kitchen with stainless steel appliances granite countertop a sink dishwasher and white cabinets with wooden floor
a bedroom with a large bed and a window
a living room with furniture and a large window
a view of kitchen island with furniture and refrigerator
a bedroom with a bed and a flat screen tv
a backyard of a house with garage
a front view of a house with a garden and yard

Description

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...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.

Property Details for 407 Ohio Place

Subdivision Name
RHODES & HALE SUB
Township
36
View
Garden
Waterfront
No
LISTING UPDATED: 12/03/2025 08:24 PM

Property Details for 407 Ohio Place

StatusActive
MLS #A4667604
Days on Market47
Taxes$11,173 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Triplex
Year Built1940
Lot Size0.21 AC / 9,281 SF
CountySarasota County

Location

Listing Courtesy of COLDWELL BANKER REALTY, Ryan Skrzypkowski
Add your commute

Building Information for 407 Ohio Place

Stories-Residences3Year Built1940Building Size-Lot Size0.21 AC / 9,281 SF

Payment Calculator

$6,367 per month

30 year fixed, 6.28% Interest

Principal and Interest

$5,435

Property Taxes

$931

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 407 Ohio Place

Summary
Location and General Information
  • Building Area Source: Public Records
  • Building Area Total: 2729.0
  • Building Area Units: Square Feet
  • Directions: From Ringling Blvd, head South on Osprey to West on Oak Street. Go north on Ohio Place to address
  • Elementary School: Southside Elementary
  • Middle Or Junior School: Booker Middle
  • High School: Sarasota High
  • Mls Major Change Type: Price Decrease
  • Listing Service: Full Service
  • Road Frontage Type: Street Paved
  • Senior Community: No
  • SW Subdiv Community Name: Rhodes & Hale Sub
  • Unit Number: No
  • Street Number: 407
  • Street Name: OHIO
  • Street Suffix: PLACE
  • State: FL
  • City: SARASOTA
Parking
  • Carport: No
  • Garage: No
Taxes and HOA Information
  • Association Approval Required: No
  • Association Fee Requirement: Optional
  • Association: Yes
  • CDD: No
  • Number Of Pets: 10+
  • Tax Block: B
  • Tax Book Number: 1-87
  • Tax Legal Description: LOT 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
  • Tax Lot: 6
  • Tax Year: 2023
Virtual Tour
Property
Lot Information
  • Additional Parcels: No
  • Lot Features: Corner Lot, Flag Lot, Historic District, City Lot, Landscaped, Sidewalk
  • Parcel Number: 2027100106
  • Total Acreage: 0 to less than 1/4
  • Total Num Buildings: 2
  • Water Access: No
  • Water Extras: No
  • Zoning: RSM9
  • Living Area: 1826
  • Property Info: Corner Unit
Property and Assessments
  • Year Built Numeric: 1940
  • Flood Zone Code: X
  • Flood Zone Date: 11-04-2016
  • Flood Zone Panel: 12115C0133F
  • New Construction: No
  • Property Condition: Completed
  • Public Survey Range: 18
  • Public Survey Section: 19
Utilities
  • Sewer: Public Sewer
  • Utilities: Cable Connected, Electricity Connected, Public, Sewer Connected, Water Connected
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Block, Stucco
  • Exterior Features: Fenced, Lighting, Sidewalk, Sliding Doors, Storage
  • Foundation Details: Slab
  • Levels: One
  • Patio And Porch Features: Covered
  • Pool Private: No
  • Pool: None
  • Pool Private: No
  • Roof: Shingle
  • Waterfront Feet Total: 0
Interior Features
  • Bedrooms Total: 5
  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Cooling: Wall/Window Unit(s)
  • Fireplace: No
  • Heating: Electric
  • Interior Features: Ceiling Fan(s), Living Room/Dining Room Combo, Open Floorplan, Solid Surface Counters
  • Laundry Features: Common Area, Laundry Room
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Water View: No
  • Window Features: Blinds, Shades
Multi Family
Multi-Family Information
  • Annual Expenses: $16,044
  • Annual Net Income: $95,555.00
  • Est Annual Market Income: $95,555.00
  • Gross Income: $111,599
  • Total Monthly Expenses: $1,337
  • Unit Count: 3
Rental
Rental Information
  • Total Actual Rent: $9,300
  • Minimum Lease Period: 0
  • Pets Allowed: Cats OK, Dogs OK, Yes

Property History for 407 Ohio Place

DateEvent & SourcePriceAppreciation
Nov 19, 2025

Price Change

MFRMLS #A4667604

$1,100,000—
Nov 7, 2025

Price Change

MFRMLS #A4667604

$1,145,000—
Oct 28, 2025

Listed (Active)

MFRMLS #A4667604

—
Oct 28, 2025

Withdrawn

MFRMLS #A4669693

$1,195,000—
Oct 27, 2025

Listed (Active)

MFRMLS #A4669693

$1,195,000—
Oct 24, 2025

Temporarily Off Market

MFRMLS #A4669693

—
Oct 24, 2025

Listed (Active)

MFRMLS #A4669693

$1,195,000—
Oct 7, 2025

Withdrawn

MFRMLS #A4667604

$1,195,000—
Oct 7, 2025

Temporarily Off Market

MFRMLS #A4667604

$1,195,000—
Oct 7, 2025

Listed (Active)

MFRMLS #A4667604

$1,195,000—
Aug 4, 2025

Expired

MFRMLS #A4619451

$1,195,000—
Aug 12, 2024

Listed (Active)

MFRMLS #A4619451

$1,225,000—
Dec 18, 2020

Sold

MFRMLS #A4478786

$715,000—
Dec 18, 2020

Sold

MFRMLS #A4478587

$715,000—
Dec 17, 2020

Sold (Public Record)

Public Record #685723553

$715,000—
Dec 17, 2020

Sold (Public Record)

Public Record #685723553

$715,000

+6.9% / yr

Nov 4, 2020

Pending

MFRMLS #A4478786

—
Nov 4, 2020

Pending

MFRMLS #A4478587

—
Sep 27, 2020

Listed (Active)

MFRMLS #A4478786

$849,500—
Sep 21, 2020

Listed (Active)

MFRMLS #A4478587

$849,500—
Oct 23, 2008

Sold (Public Record)

Public Record #257831158

$318,000

+1.1% / yr

Oct 23, 2008

Sold

MFRMLS #A3893235

$318,000—
Oct 3, 2008

Pending

MFRMLS #A3893235

—
Aug 25, 2008

Listed (Active)

MFRMLS #A3893235

$385,500—
Jul 21, 2003

Sold (Public Record)

Public Record #117595126

$300,000—
DateEvent & SourcePrice
11/19/2025

Price Change

MFRMLS #A4667604

$1,100,000
11/07/2025

Price Change

MFRMLS #A4667604

$1,145,000
10/28/2025

Listed (Active)

MFRMLS #A4667604

—
10/28/2025

Withdrawn

MFRMLS #A4669693

$1,195,000
10/27/2025

Listed (Active)

MFRMLS #A4669693

$1,195,000
10/24/2025

Temporarily Off Market

MFRMLS #A4669693

—
10/24/2025

Listed (Active)

MFRMLS #A4669693

$1,195,000
10/07/2025

Withdrawn

MFRMLS #A4667604

$1,195,000
10/07/2025

Temporarily Off Market

MFRMLS #A4667604

$1,195,000
10/07/2025

Listed (Active)

MFRMLS #A4667604

$1,195,000
08/04/2025

Expired

MFRMLS #A4619451

$1,195,000
08/12/2024

Listed (Active)

MFRMLS #A4619451

$1,225,000
12/18/2020

Sold

MFRMLS #A4478786

$715,000
12/18/2020

Sold

MFRMLS #A4478587

$715,000
12/17/2020

Sold (Public Record)

Public Record #685723553

$715,000
12/17/2020

Sold (Public Record)

Public Record #685723553

$715,000

+6.9% / yr

11/04/2020

Pending

MFRMLS #A4478786

—
11/04/2020

Pending

MFRMLS #A4478587

—
09/27/2020

Listed (Active)

MFRMLS #A4478786

$849,500
09/21/2020

Listed (Active)

MFRMLS #A4478587

$849,500
10/23/2008

Sold (Public Record)

Public Record #257831158

$318,000

+1.1% / yr

10/23/2008

Sold

MFRMLS #A3893235

$318,000
10/03/2008

Pending

MFRMLS #A3893235

—
08/25/2008

Listed (Active)

MFRMLS #A3893235

$385,500
07/21/2003

Sold (Public Record)

Public Record #117595126

$300,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 407 Ohio Place

Taxable ValueLand$689,300Additions$204,800Total$894,100
Tax Record2024$12,316 ($1,026 / month)
Home Facts
Baths3Total Finished SqFt1,826 SqFtAbove Grade Finished SqFt1,826 SqFtStories1Lot Size9,281 SqFtStyleTriplexYear Built1940Year Renovated1995ZoningRSM9CountySARASOTAAPN2027-10-0106

Schools near 407 Ohio Place

This home is within Sarasota.
Rating
School
Type
Grades
Distance
Southside Elementary School
Public - PK to 5
Booker Middle School
Public - 6 to 8
Sarasota High School
Public - 9 to 12
Suncoast School For Innovative Studies
Charter - K to 5
Rating
School
Distance
Southside Elementary School
PublicPK to 5

Booker Middle School
Public6 to 8

Sarasota High School
Public9 to 12

Suncoast School For Innovative Studies
CharterK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 407 Ohio Place, Sarasota, FL 34236

407 Ohio Place is a multi-family home for sale in Sarasota, FL 34236. This property was listed for sale on October 7, 2025 by COLDWELL BANKER REALTY, it's currently listed at $1,100,000. It has been on the market for a total of 47 days and was last sold on December 18, 2020. This listing's school district is Sarasota. Nearby schools include Southside Elementary School, Booker Middle School and Sarasota High School. 407 Ohio Place is a 5-bed, 3-bath, 1,826 sqft multi-family home built in 1940.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of COLDWELL BANKER REALTY, Ryan Skrzypkowski

The information is being provided in part by Southwest Florida Multiple Listing Service, Broker Reciprocity Program ("BR Program") of M.L.S. of Naples, Inc. ("Naples MLS"), under License No. NCOMPN2, and MarcoMls. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2025 Southwest Florida Multiple Listing Service and MarcoMls. All Rights Reserved. The data relating to real estate for sale displayed on this website comes in part from the Broker Reciprocity Program ("BR Program") of M.L.S. of Naples, Inc. ("Naples MLS"), under License No. NCOMPN2 and MarcoMls. Properties listed with brokerage firms other than Compass are marked with the "BR House" logo. Detailed information about such properties includes the name of the brokerage firm with which the seller has listed the property. The properties displayed may not be all the properties listed with brokerage firms participating in the Naples MLS BR Program, or contained in the database compilation of Naples MLS.