2915 Lynnhurst Street, Sarasota, FL 34239
Local realty services provided by:ERA Advantage Realty, Inc.
Listed by: sarah allbee, pa
Office: five star real estate of florida llc.
MLS#:A4687789
Source:MFRMLS
Price summary
- Price:$475,000
- Price per sq. ft.:$291.05
About this home
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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Home facts
- Year built:1945
- Listing ID #:A4687789
- Added:44 day(s) ago
- Updated:May 11, 2026 at 12:39 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:2
- Flooring:Luxury Vinyl
- Dining Description:Eat In Kitchen
- Kitchen Description:Dishwasher, Eat-in Kitchen, Microwave, Range, Refrigerator, Stone Counters
- Basement Description:Pillar/Post/Pier
- Living area:1,632 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central, Electric, Space Heater
- Central air:Yes
Structure and exterior
- Roof:Shingle
- Year built:1945
- Building area:1,632 sq. ft.
- Lot area:0.14 Acres
- Lot Features:Landscaped, Near Public Transit, Paved
- Construction Materials:Frame, Vinyl Siding
- Exterior Features:Fence, Private Mailbox
- Foundation Description:Pillar/post/pier
- Levels:2 Story
Schools
- High school:Sarasota High
- Middle school:Brookside Middle
- Elementary school:Alta Vista Elementary
Utilities
- Water:Public, Water Connected
- Sewer:Public, Public Sewer, Sewer Connected
Finances and disclosures
- Price:$475,000
- Price per sq. ft.:$291.05
- Tax amount:$4,100 (2025)
Features and amenities
- Appliances:Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
- Laundry features:Dryer, In Common Area, Washer
- Amenities:Eat-in Kitchen, Stone Counters, Thermostat
- Pool features:Public Pool
Parking
- Parking description:Guest, Off Street, Open
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