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Asking Price

$ 475,000

Status

Active

2915 LYNNHURST STREET

SARASOTA, FL,34239, RIO VISTA

Overview

4 Bedrooms

2 Bathrooms

Garage

1,632 sqft

Year Built: 1945


School Nearby

Brookside Middle

Sarasota High

Alta Vista Elementary

Description

CASH-FLOW OPPORTUNITY! This INCOME-PRODUCING DUPLEX Two 2bed 1bath units, is already done for you and delivering strong returns with a 7% CAP RATE and SOLID ANNUAL TENANTS IN PLACE. The property has been BEAUTIFULLY UPDATED with all major mechanicals handled, including a NEW ROOF (2021), UPDATED AC UNITS (2021 upstairs and 2018 downstairs), and a FULL RE-PLUMB (2019) with PEX, PVC, and NEW SEWER lines. Both units feature UPDATED KITCHENS AND BATHROOMS along with DURABLE VINYL FLOORING THROUGHOUT, while the upstairs unit includes NEW APPLIANCES, CABINETS, AND COUNTERTOPS. Each unit is INDIVIDUALLY METERED, tenants PAY ALL UTILITIES, and both are currently rented at $1,800 per month to excellent tenants. The downstairs unit is being sold TURNKEY FURNISHED and has previously been used as a SHORT-TERM RENTAL, offering additional income potential. The property is ideally located just 2 miles to downtown Sarasota, Right Next to Arlington park and pool, around the corner from Pinecrest and 3 miles to Bayfront Park, with close proximity to public transportation and the Legacy Trail. Additional highlights include a FULLY FENCED YARD, SHADED BACKYARD SPACE, a LARGE COVERED STORAGE SHED, and PARKING FOR UP TO 5 VEHICLES. NO FLOOD INSURANCE IS REQUIRED with NO FLOODING OR STORM DAMAGE!!! This is a rare opportunity to own an UPDATED, STABLE, CASH-FLOWING PROPERTY from day one.


Features

Status:   Active

Beds:    4

Baths:   2

Square Footage:   1,632 Sq. Ft

HOA Fee:   -

Property Type:   Single Family Residence

MLS Number:   A4687800

Days on Market:   1

Year Built:   1945

Lot Size:   50 x 121

County:   Sarasota

Taxes:   $4,099.00


Address

2915 LYNNHURST STREET , SARASOTA ,FL

Listing provided by: FIVE STAR REAL ESTATE OF FLORIDA LLC, 904-539-3336

Asking Price

$475,000

Status

Active

Similar Properties

Based on information submitted to the MLS GRID as of 03/28/2026 10:57. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy.  Properties may or may not be listed by the office/agent presenting the information.