2915 Lynnhurst Street

Sarasota, FL 34239

$524,999
Price
—
Beds
1,632 Sq. Ft.
$322 / Sq. Ft.
1,632
Sq. Ft.
$322
per Sq. Ft.

Description

Attention investors! This 7% cap rate duplex is already nicely remodeled with all of the major mechanicals updated within the last few years. Flood insurance is not required and the home had no flooding or damage during any of the storms this year. New roof in 2021, the AC unit was replaced in 2021 in the upstairs unit and 2018 in the bottom unit. The house was re-plumbed in 2019 with all PEX and PVC and new sewer lines. The upstairs unit has all new appliances, kitchen cabinets and countertops....Attention investors! This 7% cap rate duplex is already nicely remodeled with all of the major mechanicals updated within the last few years. Flood insurance is not required and the home had no flooding or damage during any of the storms this year. New roof in 2021, the AC unit was replaced in 2021 in the upstairs unit and 2018 in the bottom unit. The house was re-plumbed in 2019 with all PEX and PVC and new sewer lines. The upstairs unit has all new appliances, kitchen cabinets and countertops. Both units have new vinyl flooring and updated kitchens and bathrooms. The units are individually metered. The upstairs unit is currently rented at $1800/mo through April 1, which is below market rent and tenant pays all utilities. The downstairs unit is being sold turnkey furnished. It was used for family and friends and some short term rentals. The location is excellent - near public transport and only 2 miles to downtown Sarasota and 3 miles to Bayfront Park. It is also very close to the Legacy Trail access point. The property is fully fenced and the backyard is nicely shaded with a large covered storage shed. There is parking space for up to 5 vehicles.
  1. Listed by Tanner Frey • KELLER WILLIAMS ON THE WATER S

Property Details for 2915 Lynnhurst Street

Subdivision Name
RIO VISTA
Township
36S
Waterfront
No
Furnished
Partially
LISTING UPDATED: 12/02/2024 09:06 PM

Property Details for 2915 Lynnhurst Street

StatusActive
MLS #A4628893
Days on Market34
Taxes$3,865 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Duplex
Year Built1945
Lot Size0.14 AC / 6,065 SF
CountySarasota County

Building Information for 2915 Lynnhurst Street

Stories-Residences2Year Built1945Building Size-Lot Size0.14 AC / 6,065 SF

Property Information for 2915 Lynnhurst Street

Summary
Location and General Information
  • Building Area Source: Public Records
  • Building Area Total: 1632.0
  • Building Area Units: Square Feet
  • Directions: Heading west on Fruitville Rd, turn left on Tuttle Ave. Continue for 1.3 miles and then turn left on Lynnhurst St. Destination will be on your left.
  • Elementary School: Alta Vista Elementary
  • Middle Or Junior School: Brookside Middle
  • High School: Sarasota High
  • Mls Major Change Type: New Listing
  • Major Change Type: New Listing
  • Listing Service: Full Service
  • Senior Community: No
  • SW Subdiv Community Name: Rio Vista
  • Unit Number: No
  • Street Number: 2915
  • Street Name: LYNNHURST
  • Street Suffix: STREET
  • State: FL
  • City: SARASOTA
Parking
  • Available For Lease: Yes
  • Carport: No
  • Garage: No
  • Parking Features: Guest, Off Street, Open
Taxes and HOA Information
  • Association: No
  • CDD: No
  • Pet Restrictions: Buyer to verify any and all pet restrictions with the county.
  • Tax Block: F
  • Tax Book Number: 1-187
  • Tax Legal Description: LOT 6 BLK F RIO VISTA
  • Tax Lot: 6
  • Tax Year: 2023
Virtual Tour
Property
Lot Information
  • Additional Parcels: No
  • Lot Features: Landscaped, Near Public Transit, Street Paved
  • Lot Size Dimensions: 50x121
  • Parcel Number: 0055120007
  • Total Acreage: 0 to less than 1/4
  • Total Num Buildings: 1
  • Water Access: No
  • Water Extras: No
  • Zoning: RSF3
  • Living Area: 1632
  • Lot Dimensions: 50x121
Property and Assessments
  • Year Built Numeric: 1945
  • Flood Zone Code: X, AE
  • Flood Zone Date: 03-27-2024
  • Flood Zone Panel: 12115C0134G
  • Homestead: No
  • New Construction: No
  • Property Condition: Completed
  • Public Survey Range: 18E
  • Public Survey Section: 28
Utilities
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Public, Sewer Connected, Water Connected
  • Water Source: Public
  • Num Electric Meters: 2.0
  • Num Water Meters: 2.0
Interior and Exterior Features
Exterior Features
  • Construction Materials: Vinyl Siding, Wood Frame
  • Exterior Features: Fenced, Private Mailbox, Storage
  • Foundation Details: Pillar/Post/Pier
  • Levels: Two
  • Other Structures: Shed(s), Storage
  • Pool Private: No
  • Pool: None
  • Pool Private: No
  • Roof: Shingle
  • Spa: No
  • Waterfront Feet Total: 0
Interior Features
  • Bedrooms Total: 0
  • Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Cooling: Central Air
  • Fireplace: No
  • Flooring: Luxury Vinyl
  • Heating: Central, Electric, Space Heater
  • Interior Features: Eating Space In Kitchen, Stone Counters, Thermostat
  • Laundry Features: Common Area, Outside
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Water View: No
Multi Family
Multi-Family Information
  • Annual Net Income: $41,100.00
  • Gross Income: $48,000
  • Total Monthly Expenses: $575
  • Unit Count: 2
Unit 1
  • Unit Type Baths Total 1: 1
  • Unit Type Beds Total 1: 2
  • Unit Type Description 1: Upstairs
  • Unit Type Heated Sq Ft 1: 816
  • Unit Type Number Of Units Occupied 1: 1
  • Unit Type Pro Forma 1: 2000
  • Unit Type Type 1: 2 Bed/1 Bath
Unit 2
  • Unit Type Baths Total 2: 1
  • Unit Type Beds Total 2: 2
  • Unit Type Description 2: Downstairs
  • Unit Type Heated Sq Ft 2: 816
  • Unit Type Pro Forma 2: 2000
  • Unit Type Type 2: 2 Bed/1 Bath
Rental
Rental Information
  • Tenant Pays: Electricity, Sewer, Trash Collection, Water
  • Total Actual Rent: $4,000
  • Pets Allowed: Yes

Property History for 2915 Lynnhurst Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2915 Lynnhurst Street

Taxable ValueLand$110,900Additions$157,000Total$267,900
Tax Record2023$3,865 ($322 / month)
Home Facts
Baths2Total Finished SqFt816 SqFtAbove Grade Finished SqFt816 SqFtStories2Lot Size6,065 SqFtStyleDuplexYear Built1945Year Renovated1995ZoningRSF3CountySARASOTAAPN0055-12-0007

Schools near 2915 Lynnhurst Street

This home is within Sarasota.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Charter - K to 5
Rating
School
Distance
Alta Vista Elementary School
PublicPK to 5

Brookside Middle School
Public6 to 8

Sarasota High School
Public9 to 12

Suncoast School For Innovative Studies
CharterK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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2915 Lynnhurst Street is a multi-family home for sale in Sarasota, FL 34239. This property was listed for sale on November 11, 2024 by KELLER WILLIAMS ON THE WATER S, it's currently listed at $524,999. It has been on the market for a total of 34 days and was last sold on May 11, 2021. This listing's school district is Sarasota. Nearby schools include Alta Vista Elementary School, Brookside Middle School and Sarasota High School. 2915 Lynnhurst Street is a 0-bed, 0-bath, 1,632 sqft multi-family home built in 1945.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of KELLER WILLIAMS ON THE WATER S, Tanner Frey

The information is being provided in part by Southwest Florida Multiple Listing Service, Broker Reciprocity Program ("BR Program") of M.L.S. of Naples, Inc. ("Naples MLS"), under License No. NCOMPN2, and MarcoMls. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2024 Southwest Florida Multiple Listing Service and MarcoMls. All Rights Reserved. The data relating to real estate for sale displayed on this website comes in part from the Broker Reciprocity Program ("BR Program") of M.L.S. of Naples, Inc. ("Naples MLS"), under License No. NCOMPN2 and MarcoMls. Properties listed with brokerage firms other than Compass are marked with the "BR House" logo. Detailed information about such properties includes the name of the brokerage firm with which the seller has listed the property. The properties displayed may not be all the properties listed with brokerage firms participating in the Naples MLS BR Program, or contained in the database compilation of Naples MLS.