Listing Courtesy of: 
STELLAR / Coldwell Banker Realty / Ryan Skrzypkowski - Contact: 941-383-6411
STELLAR / Coldwell Banker Realty / Ryan Skrzypkowski - Contact: 941-383-6411 407 Ohio Place Sarasota, FL 34236
Active (70 Days)
$1,195,000
Description
MLS #:
A4619451
A4619451
Taxes
$11,173(2023)
$11,173(2023)
Lot Size
9,281 SQFT
9,281 SQFT
Type
Multifamily
Multifamily
Year Built
1940
1940
Views
Garden
Garden
County
Sarasota County
Sarasota County
Listed By
Ryan Skrzypkowski, Coldwell Banker Realty, Contact: 941-383-6411
Source
STELLAR
Last checked Nov 7 2024 at 1:09 PM GMT+0000
STELLAR
Last checked Nov 7 2024 at 1:09 PM GMT+0000
Bathroom Details
Interior Features
- Appliances: Washer
- Appliances: Refrigerator
- Appliances: Range
- Appliances: Microwave
- Appliances: Dryer
- Appliances: Dishwasher
- Solid Surface Counters
- Open Floorplan
- Living Room/Dining Room Combo
- Ceiling Fans(s)
Subdivision
- Rhodes & Hale Sub
Lot Information
- Paved
- Sidewalk
- Landscaped
- City Limits
- Historic District
- Flag Lot
- Corner Lot
Property Features
- Foundation: Slab
Heating and Cooling
- Electric
- Wall/Window Unit(s)
Exterior Features
- Stucco
- Block
- Roof: Shingle
Utility Information
- Utilities: Water Source: Public, Water Connected, Sewer Connected, Public, Electricity Connected, Cable Connected
- Sewer: Public Sewer
School Information
- Elementary School: Southside Elementary
- Middle School: Booker Middle
- High School: Sarasota High
Living Area
- 1,826 sqft
Additional Information: Longboat Key | 941-383-6411
Location
Disclaimer: Listings Courtesy of “My Florida Regional MLS DBA Stellar MLS © 2024. IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any other purpose other than to identify properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified. Last Updated: 11/7/24 05:09
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!