407 Ohio Place

Sarasota, FL 34236

$715,000
Last Sold Price
—
Beds
1,826 Sq. Ft.
$392 / Sq. Ft.
1,826
Sq. Ft.
$392
per Sq. Ft.

Description

Immaculate triplex located in the downtown historic district of laurel park! Huge investment opportunity or live in one and have the other two pay your mortgage and all expenses! With historically low interest rates this is you chance to move to amazing Sarasota and live right downtown within close distance to everything downtown Sarasota has to offer and have the property pay for itself. All 3 units of this completely renovated downtown charmer come completely furnished including stocked kitchens,...Immaculate triplex located in the downtown historic district of laurel park! Huge investment opportunity or live in one and have the other two pay your mortgage and all expenses! With historically low interest rates this is you chance to move to amazing Sarasota and live right downtown within close distance to everything downtown Sarasota has to offer and have the property pay for itself. All 3 units of this completely renovated downtown charmer come completely furnished including stocked kitchens, linens, etc., and has a long history as very successful vacation rentals with AirBNB. The two front units include 2 sleeping areas with one bathroom each and the rear unit is a one bedroom one bath unit. All units have private rear patios with patio sets, coveted off-street parking and washer/dryers (2 of the units share a washer dryer area. This property has been meticulously cared for by the current owner and renovations include completely updated kitchens, new plumbing, new insulation, new hurricane windows and doors, and fresh paint. The roofs are in excellent condition. All 3 units are being sold turnkey ready to continue as successful vacation rentals. Laurel Park is a National Historic District abutting Downtown Sarasota near the bay front, restaurants, shopping, Selby Gardens, and arts and theatre venues. The neighborhood boasts its own charming pocket park and kayak launch taking you out to Hudson Bayou and the Bay. Please allow ample time for showings due to current tenants.
  1. Listed by Betsy Sublett • COLDWELL BANKER REALTY
  2. Listed by Kelly Mooney • COLDWELL BANKER REALTY

Property Details for 407 Ohio Place

Subdivision Name
RHODES & HALE SUB
Township
36
View
Garden
Waterfront
No

Location

Listing Courtesy of COLDWELL BANKER REALTY, Betsy Sublett; COLDWELL BANKER REALTY, Kelly Mooney

Sold By COLDWELL BANKER REALTY, Ryan Skrzypkowski

Add your commute
LISTING UPDATED: 12/18/2020 01:27 PM

Property Details for 407 Ohio Place

StatusSold
MLS #A4478786
Days on Market38
Taxes$7,451 / 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, Betsy Sublett; COLDWELL BANKER REALTY, Kelly Mooney

Sold By 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

$4,523 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,902

Property Taxes

$621

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
  • Mls Major Change Type: Sold
  • Major Change Type: Closed
  • Listing Service: Full Service
  • 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
  • Available For Lease: Yes
  • Carport: No
  • Garage: No
Taxes and HOA Information
  • Association Approval Required: No
  • Association: No
  • CDD: No
  • 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: 2019
Virtual Tour
Property
Lot Information
  • Additional Parcels: No
  • Lot Features: Historic District, In City Limits, Sidewalk, Street Paved
  • 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: Walk-Up
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 Description: Walk-Up
  • Public Survey Range: 18
  • Public Survey Section: 19
Utilities
  • Sewer: Public Sewer
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Available, Public, Sewer Connected, Sprinkler Meter, Water Connected
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Block, Stucco
  • Exterior Features: Fenced, Irrigation System, Sidewalk
  • Foundation Details: Slab
  • Levels: One
  • Other Structures: Storage
  • Patio And Porch Features: Rear Porch
  • Pool Private: No
  • Pool: None
  • Pool Private: No
  • Roof: Shingle
  • Waterfront Feet Total: 0
Interior Features
  • Cooling: Wall/Window Unit(s)
  • Fireplace: No
  • Heating: Electric
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Water View: No
Multi Family
Multi-Family Information
  • Annual Net Income: $114,800.00
  • Gross Income: $125,000
  • Unit Count: 2
Unit 1
  • Unit Type Number Of Units Occupied 1: 2
  • Unit Type Pro Forma 1: 97580
  • Unit Type Type 1: 2 Bed/1 Bath
  • Unit Type Units Total 1: 2
Unit 2
  • Unit Type Number Of Units Occupied 2: 1
  • Unit Type Pro Forma 2: 49790
  • Unit Type Type 2: 1 Bed/1 Bath
  • Unit Type Units Total 2: 1
Rental
Rental Information
  • Minimum Lease Period: 0

Property History for 407 Ohio Place

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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$599,500Additions$199,000Total$798,500
Tax Record2023$11,173 ($931 / 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
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Charter - PK 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
CharterPK 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.

Similar Homes

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Similar Sold Homes

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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. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of COLDWELL BANKER REALTY, Betsy Sublett; COLDWELL BANKER REALTY, Kelly Mooney

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 2024 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.