$475,000
2915 Lynnhurst Street Sarasota, FL 34239
For Sale MLS# A4687789
4 beds 2 baths 1,632 sq ft Multi-family
Details for 2915 Lynnhurst Street
MLS# A4687789
Description for 2915 Lynnhurst Street, Sarasota, FL, 34239
CASH-FLOW OPPORTUNITY! This INCOME-PRODUCING DUPLEX 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.
Listing Information
Property Type: Residential, Duplex
Status: Active
Bedrooms: 4
Bathrooms: 2
Lot Size: 0.14 Acres
Square Feet: 1,632 sq ft
Year Built: 1945
Stories: 2 Story
Construction: Vinyl Siding,Wood Frame
Construction Display: New Construction
Subdivision: Rio Vista
Foundation: Pillar/Post/Pier
Number Of Units Total: 2
County: Sarasota
Construction Status: New Construction
School Information
Elementary: Alta Vista Elementary
Middle: Brookside Middle
High: Sarasota High
Additonal Room Information
Laundry: Outside, Common Area
Interior Features
Appliances: Electric Water Heater, Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
Flooring: Luxury Vinyl
Additional Interior Features: Eat-In Kitchen, Stone Counters
Utilities
Water: Public
Sewer: Public Sewer
Other Utilities: Electricity Connected,Municipal Utilities,Sewer Connected,Water Connected
Cooling: Central Air
Heating: Central, Space Heater, Electric
Exterior / Lot Features
Parking Description: Off Street, Open, Guest
Roof: Shingle
Lot Dimensions: 50x121
Additional Exterior/Lot Features: Fence, Storage, Landscaped, Near Public Transit
Out Buildings: Storage, Shed(s)
Unit Information
Unit 1 Units Total: 1
Unit 1 Actual Rent: 1800
Unit 1 Baths Total: 1
Unit 1 Beds Total: 2
Unit 2 Units Total: 1
Unit 2 Actual Rent: 1800
Unit 2 Baths Total: 1
Unit 2 Beds Total: 2
Driving Directions
Turn on Lynnhurt and home is on the left
Financial Considerations
Terms: Cash,Conventional,FHA,USDA Loan,VA Loan
Tenant Pays: Electricity,Sewer,Trash Collection,Water
Gross Income: 43200
Tax/Property ID: 0055120007
Tax Amount: 4099.53
Tax Year: 2025
A broker reciprocity listing courtesy: FIVE STAR REAL ESTATE OF FLORIDA LLC
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Payment Calculator
Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.
Sales History & Tax Summary for 2915 Lynnhurst Street
Sales History
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Tax Summary
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
Schools
Schools nearby 2915 Lynnhurst Street
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.
SchoolDigger ® Rating
The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.
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