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Listed price in listed location currency (USD).
$475,000

420

MLS® A4687800

  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 1632 sqft
Garage No
Taxes $4,100
Days Active 0
Lot Size 0.14 acres
Approx. Age 1945
Avg. Price Per Sqft $291
MLS® Number A4687800

Property Address: 2915 Lynnhurst St, SARASOTA, FL, 34239-3237

Average square foot calculated using Size range provided by listing agent.

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.
MLS® NumberA4687800
Laundry LevelCommon Area, Outside
Central VacNo
FireplaceNo
Acreage0.14
Exterior
GarageNo
Approx. Age1945
Basement
DrivewayGuest, Off Street, Open
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Rooms

Kitchen:Second FloorNot available
Living Room:Second FloorNot available
Bedroom 1:First FloorNot available
Bedroom 2:Second FloorNot available
Other:Second FloorNot available

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 27, 2026List Date
$475,000List Price
Jan 15, 2025End Date
$1,800Sold Price

Leased

Dec 13, 2024List Date
$1,800List Price

Home Appraisal

This property is estimated to sell between: $475,000 and $642,000.
Similar properties in this area sold on average for: $586,090
Expected to sell in 40 days. Similar properties sold in 40 days. This home has been on eXp Realty for 0 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

  • Commute

Commute

Starting Address
Destination Address
2915 Lynnhurst St, SARASOTA, FL

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