Property Description

Welcome to 7413 Starfish, a 2,000 sq ft duplex in one of Sarasota’s most desirable coastal communities. This rare investment opportunity features two separate units, each offering 2 bedrooms, 1 full bathroom, and a private half bath in the primary suite—the perfect layout for future tenants or multi-generational living. While the property requires a full renovation, its location and layout present incredible potential. Whether you’re seeking long-term rental income, a vacation rental investment, or a chance to renovate and resell, this duplex offers a blank canvas for your vision. Residents of the neighborhood enjoy an optional HOA membership at just $250 per year, which grants access to a private waterfront park and for an additional $150 per year, you can use the private boat ramp with direct access into Sarasota Bay. Imagine launching your boat, kayak, or paddleboard just steps from home, or enjoying stunning sunsets from the private park after a day on the water. This combination of location, amenities, and income potential makes 7413 Starfish a rare find in today’s market. With easy access to Sarasota’s world-famous beaches, vibrant downtown, shopping, dining, and cultural attractions, the property is perfectly positioned for those looking to invest in Florida’s Gulf Coast lifestyle. Bring your creativity, contractor, and vision—this is your opportunity to turn a diamond in the rough into a true Sarasota gem! Income projections after updates are based on achieving $1,800 month per unit which totals $43,200 annual net income before expenses.

Property Details