Live in one side and rent the other in this spacious and thoughtfully updated home in the heart of Lynn Haven that blends flexibility, function, and laid back Florida living. STR allowed, this active AirBnb has produced a solid $65k $75k / year for the past 4 years. Major updates were completed in 2019, including a dimensional shingle roof, tile flooring in main and wet areas, granite countertops, and stainless steel appliances, making this home an easy transition for its next owner. The layout offers a unique bonus: a separate entrance flex space currently used as a lockout suite. This area features tile flooring, a full bathroom, kitchenette, and access to the laundry room, offering versatile options for guests, extended family, or home office use. Outside, enjoy a fully privacy fenced backyard (new ish fencing) with a large open patio perfect for grilling, gathering, or unwinding after a day at the beach or bay. This is a single family residence with a layout commonly seen in the local market for those seeking adaptable living arrangements. Buyer to verify zoning, use, and suitability for their specific needs. Conveniently located near shopping, dining, schools, and Lynn Haven amenities, 508 Sparrow delivers space, updates, and flexibility all wrapped in one charming package.