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.

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Included Appliances

DishwasherDryerElectric Water HeaterMicrowaveRangeRefrigeratorWasher

Property Details

Interior

Appliances

DishwasherDryerElectric Water HeaterMicrowaveRangeRefrigeratorWasher

Bathrooms Total Decimal

2

Building Area Total

1632

Cooling

Central Air

Flooring

Luxury Vinyl

Furnished

Partially

Heating

CentralElectricSpace Heater

Interior Features

Eating Space In KitchenStone CountersThermostat

Laundry Features

Common AreaOutside

Living Area

1632

Rooms Total

8

Construction

Building Area Source

Public Records

Building Area Units

Square Feet

Construction Materials

Vinyl SidingWood Frame

Direction Faces

South

Foundation Details

Pillar/Post/Pier

Levels

Two

Living Area Source

Public Records

Living Area Units

Square Feet

Property Condition

Completed

Roof

Shingle

Year Built

1945

Site & Exterior

Exterior Features

Private MailboxStorage

Flood Zone Code

X

I D X Participation

Yes

Lot Features

LandscapedNear Public Transit

Lot Size Acres

0.14

Lot Size Area

6065

Lot Size Dimensions

50 x 121

Lot Size Square Feet

6065

Lot Size Units

Square Feet

Open Parking

Yes

Other Structures

Shed(s)Storage

Parking Features

GuestOff StreetOpen

Public Survey Range

18E

Public Survey Section

28

Road Frontage Type

Street Paved

Road Surface Type

PavedAsphalt

Sewer

Public Sewer

Total Acreage

0 to less than 1/4

Utilities

Electricity ConnectedPublicSewer ConnectedWater Connected

Water Source

Public

Zoning

RSF3

Financials

Calculated List Price By Calculated Sq Ft

291.05

Contract Status Change Date

2026-03-27

Currency Monthly Rent Amt

3600

Current Price

475000

Feed Types

BBO

Lease Considered

Yes

Minimum Lease

1 Month

Owner Name

OF RECORD

Ownership

Fee Simple

Parcel Number

0055120007

Public Survey Township

36S

Tax Annual Amount

4099.53

Tax Block

F

Tax Book Number

1-187

Tax Legal Description

LOT 6 BLK F RIO VISTA

Tax Lot

6

Tax Year

2025

Neighborhood & Lifestyle

Community & Association

Additional Lease Restrictions

Buyer to verify any and all lease restrictions with the county.

M L S Area Major

34239 - Sarasota/Pinecraft

Pet Restrictions

Buyer to verify any and all pet restrictions with the county.

Pets Allowed

Yes

S W Subdiv Community Name

Rio Vista

Subdivision Name

RIO VISTA

Schools

Ratings

Elementary

Alta Vista Elementary

Middle

Brookside Middle

High

Sarasota High

Listing provided courtesy of STELLAR via IDX. Updated: May 15, 2026, 7:53pm.

2915 LYNNHURST STREET

2915 LYNNHURST STREET

Property Description

Property Details

Interior

Construction

Site & Exterior

Financials

Neighborhood & Lifestyle

Community & Association

Schools

Sarah Allbee, PA

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2915 LYNNHURST STREET

2915 LYNNHURST STREET

Property Description

Property Details

Interior

Construction

Site & Exterior

Financials

Neighborhood & Lifestyle

Community & Association

Schools

Sarah Allbee, PA