2915 LYNNHURST STREET
Sarasota, SARASOTA
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.
Property Details
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Property Code : A4687800
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Price : $ 475.000,00
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Area : 1632 Sq Ft
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Building Area : 1632 Sq Ft
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Year of Construction : 1945
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Property Category : Single Family Residence
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Bedroom : 4
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Bathroom : 2
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Garage : Uninformed
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Available on Market : 27/03/2026
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Property Status : Residential Active
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New Construction : No
More Information
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Pets Allowed: Yes
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Annual Tax: $ 4.099,53
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Tax Year: 2025
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Air Conditioning: Central Air
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Heating: Central, Electric, Space Heater
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Public Utility Services: Electricity Connected, Public, Sewer Connected, Water Connected
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Water Source: Public
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Laundry: Common Area, Outside
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Home Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
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Rental use: 1 Month
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HOA: /mo
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Floor: Luxury Vinyl
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Interior: Eating Space In Kitchen, Stone Counters, Thermostat
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Window:
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Other Structures: Shed(s), Storage
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Construction Materials: Vinyl Siding, Wood Frame
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Outside: Private Mailbox, Storage
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Pool:
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Patio and Porch Features:
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Foundation: Pillar/Post/Pier
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Parking: Guest, Off Street, Open
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Ceiling: Shingle
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Road Type: Paved, Asphalt
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Architectural Style:
Location 2915 LYNNHURST STREET
Referred By
DTB Florida
+1 8635370583
See Also
Referred By
DTB Florida
+1 8635370583
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