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2915 Lynnhurst Street, SARASOTA, FL 34239
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2915 Lynnhurst Street
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Would you like to sell your home before you purchase this one?
Priced at Only: $475,000
For more Information Call:
Address: 2915 Lynnhurst Street, SARASOTA, FL 34239
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  • MLS#: A4687789 ( Residential Income )
  • Street Address: 2915 Lynnhurst Street
  • Viewed: 7
  • Price: $475,000
  • Price sqft: $291
  • Waterfront: No
  • Year Built: 1945
  • Bldg sqft: 1632
  • Bedrooms: 4
  • Total Baths: 2
  • Days On Market: 31
  • Additional Information
  • Geolocation: 27.319 / -82.511
  • County: SARASOTA
  • City: SARASOTA
  • Zipcode: 34239
  • Subdivision: Rio Vista
  • Elementary School: Alta Vista Elementary
  • Middle School: Brookside Middle
  • High School: Sarasota High
  • Provided by: FIVE STAR REAL ESTATE OF FLORIDA LLC
  • Contact: Sarah Allbee, PA
  • 904-539-3336
  • mfrmls
  • DMCA Notice
  • Description
    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.
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Exterior Features: Fence, Private Mailbox, Storage
  • Flooring: Luxury Vinyl
  • Living Area: 1632.00
  • Other Structures: Shed(s), Storage
  • Roof: Shingle
Property Information
  • Property Condition: Completed
Land Information
  • Lot Features: Landscaped, Near Public Transit, Paved
School Information
  • High School: Sarasota High
  • Middle School: Brookside Middle
  • School Elementary: Alta Vista Elementary
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
  • Parking Features: Guest, Off Street, Open
Eco-Communities
  • Water Source: Public
Utilities
  • Carport Spaces: 0.00
  • Cooling: Central Air
  • Heating: Central, Electric, Space Heater
  • Pets Allowed: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Public, Sewer Connected, Water Connected
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Tax Year: 2025
Rental Information
  • Tenant Pays: Electricity, Sewer, Trash Collection, Water
Other Features
  • Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Country: US
  • Furnished: Partially
  • Interior Features: Eat-in Kitchen, Stone Counters, Thermostat
  • Legal Description: LOT 6 BLK F RIO VISTA
  • Levels: Two
  • Area Major: 34239 - Sarasota/Pinecraft
  • Occupant Type: Tenant
  • Parcel Number: 0055120007
  • Zoning Code: RSF3
Nearby Subdivisions
Bayview   Homecroft   Rio Vista   South Gate  
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Headshot for Associate Lumi Bianconi
  1. Lumi Bianconi
  2. Tropic Shores Realty
  3. Mobile: 352.263.5572
  4. Mobile: 352.263.5572
  5. lumibianconirealtor@gmail.com