7413 Starfish Drive, Sarasota, FL 34231

$430,000
4
BD
4
BA
2,000
SqFt

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Sold Price
$430,000
List Price
$475,000
Status
Sold
Days on Market
6
Closing Date
Oct 27, 2025
MLS#
A4665125
Property Style
Single Family
Architectural Style
Ranch
Year Built
1955
Bedrooms
4
Bathrooms
4
Baths Half
2
Living Area
2,000
Lot Size
15,000
Acres
0.34
Total Acreage
1/4 to less than 1/2
Legal Subdivision Name
Coral Cove
Community Name
Coral Cove
MLS Area Major
Sarasota/Gulf Gate Branch

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.

Additional Information

Taxes
$4350
Minimum Lease
1 Month
HOA Fee
$200
HOA Payment Schedule
Annually
Community Features
No Deed Restriction
Property Description
One Story
Zoning
RSF2
Interior Layout
Other
Interior Features
Other
Floor
Terrazzo
Appliances
Other
Utilities
BB/HS Internet Available, Cable Available, Electricity Connected, Water Connected
Heating
Electric
Air Conditioning
Central Air
Exterior Construction
Block
Exterior Features
Sliding Doors
Roof
Shingle
Foundation
Slab
Pool
No Pool
Garage Carport
2 Car Carport
Garage Features
Covered, Driveway
Elementary School
Gulf Gate Elementary
Middle School
Brookside Middle
High School
Riverview High
Water Extras
Boat Ramp - Private
Water Access
Bay/Harbor, Beach - Access Deeded
Pets
Allowed
Flood Zone Code
X
Parcel ID
0112040014
Legal Description
LOT 2 BLK B CORAL COVE UNIT 1

Listing courtesy of MICHAEL SAUNDERS & COMPANY. 941-349-3444

Selling Office: MICHAEL SAUNDERS & COMPANY.

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