2915 LYNNHURST STREET, Sarasota, FL 34239

• 4 beds |
• 2 baths |
• 1,632 sqft

Property 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.

Listing Status:

Active

Date Added:

March 27, 2026

Data Last Updated:

March 28, 2026 at 5:22PM

Listing Office:

FIVE STAR REAL ESTATE OF FLORIDA LLC : 904-539-3336

Listing Agent:

Sarah Allbee, PA : 727-285-0843

MLS ID:

A4687800

Interior

• General: Eat-in KitchenStone CountersThermostat
• Appliances: DishwasherDryerElectric Water HeaterMicrowaveRangeRefrigeratorWasher
• Laundry: Common AreaOutside
• Flooring: Luxury Vinyl
• A/C: Central Air
• Heating: CentralElectricSpace Heater

Exterior

• General: Private MailboxStorage
• Other Structures: Shed(s)Storage
• Parking: GuestOff StreetOpen

Construction

• Roofing: Shingle
• General: Vinyl SidingFrameTwoPillar/Post/Pier

Location

• Road/Access: AsphaltPaved
• Originating MLS: Stellar MLS
• County: Sarasota

Lot

• Zoning: RSF3LOT 6 BLK F RIO VISTA0055120007

Utilities

• Utilities: Electricity ConnectedPublicSewer ConnectedWater Connected
• Water: Public
• Sewer: Public Sewer

Financial

• Source: Stellar MLS
• Ownership: Fee Simple