SARASOTA, FL 34242 1204 DERBY LANE

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Presented By: CHARLES RUTENBERG REALTY INC with 727-538-9200. – 866-580-6402
  • Stellar MLS
  • MLS# TB8356488
  • 03/03/2025
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Disclaimer: The information contained in this listing has not been verified by kvCORE WordPress Staging and should be verified by the buyer.
  • Beds • 10
  • Baths • 10
  • SQFT • 7,052
  • Garage • 4

Home Details

Welcome to an unparalleled luxury coastal retreat in the heart of SIESTA KEY, home to Tripadvisor’s #1 Beach in America! This turn-key luxury vacation rental boasts a potential $966,192 in first-year cash flow ($575,000+ from rental income and up to $391,192 from 100 percent bonus depreciation, reinstated by the Big Beautiful Bill), making it an extraordinary investment opportunity. Built in 2017 to the highest standards, this exquisite three-story estate offers 10 bedrooms, 8 full bathrooms, 2 half baths, 2 private heated pools, 2 outdoor kitchens, and a 4-car garage. Just steps from the world-renowned Siesta Key Beach via private deeded beach access, this property is a true diamond among Siesta Key’s aging real estate market. With no rental restrictions, no HOA fees, a proven rental track record, excellent guest reviews, and steadily increasing occupancy and nightly rate performance, it’s priced below Zillow Zestimate with motivated sellers. The concrete block structure ensures durability, while the meticulously crafted interior features high-end finishes, including soaring ceilings, tile flooring, and gourmet kitchens with Jenn-Air appliances, granite countertops, solid wood cabinets, and expansive islands. Each master suite includes a spa-like en-suite bathroom with a soaking tub and stand-up shower. With 2 private entrances, 2 private elevators, and 2 private garages, this fully furnished estate is designed for guest convenience and low maintenance. Perfect for investors seeking a high-performing asset in a prime location, this Siesta Key masterpiece combines modern amenities with the allure of America’s top-rated beach. Don’t miss this rare opportunity to own a luxury vacation rental with a stellar rental history in one of the most coveted coastal destinations!
Presented By: CHARLES RUTENBERG REALTY INC with 727-538-9200. – 866-580-6402

Interior Features for 1204 DERBY LANE

Bedrooms

Total Bedrooms10

Bathrooms

Total Baths10

Other Interior Features

LivingAreaSourcepublic records
Air Conditioning Y/NYes
Fireplace Y/NNo
Flooringcarpet, ceramic tile, tile
Furnished Y/Nfurnished
Heating Y/NYes
Interior Amenitiesbuilt-in features, ceiling fan(s), crown molding, eating space in kitchen, elevator, high ceilings, kitchen/family room combo, living room/dining room combo, open floorplan, primary bedroom main floor, solid s
Laundry Featuresinside, laundry room
Window Featuresblinds, double pane windows, energy star qualified windows, storm window(s), window treatments

General for 1204 DERBY LANE

Accessibilityaccessible approach with ramp, accessible doors
Additional Parcels Y/NNo
Additional Roomsattic, den/library/office, family room, formal dining room separate, formal living room separate, great room, storage rooms
Appliancesbar fridge, built-in oven, convection oven, cooktop, dishwasher, disposal, dryer, electric water heater, exhaust fan, freezer, gas water heater, ice maker, kitchen reverse osmosis system, microwave, range, range ho
Attached Garage Yes
Building Area Unitssquare feet
Carport Y/NNo
Citysarasota
Construction Materialsblock, concrete
Coolingcentral air
Countysarasota
Directionsstickney point to south siesta bridge, right at midnight pass road, right on derby lane.
Elementary Schoolphillippi shores elementary
Flood Zone Codeae
Garage Spaces4
Garage Y/NYes
HOANo
Heatingelectric, natural gas
High Schoolsarasota high
Land Lease Y/NNo
Legal Descriptionbeg where n line of lot 9 int e line of county rd th s-29-32-e 110.25 ft for pob th cont s-29- 32-e 90.25 ft m/l to s line of lot 9 th n-54-15-e 240.9 ft th n -29-32-w 90.25 ft th s-54-15-w 240.9
Levelsthree or more
Listing Termscash, conventional, other, private financing available, special funding
Living Area Unitssquare feet
Lot Size Square Feet10911
Lot Size Unitssquare feet
MLS Area34242 – sarasota/crescent beach/siesta key
Middle/Junior High Schoolbrookside middle
ModificationTimestamp2025-07-08t13:41:30.117z
New ConstructionNo
Number Of Units Total1
Ownershipfee simple
Patio/Porch Featurescovered, front porch, patio
Pool Featuresgunite, heated, in ground, lap, lighting, salt water
Possessionclose of escrow, negotiable
Property Attached Y/NNo
Property Subtypeduplex
Property Typeresidential income
Roofmetal
Security Featuresclosed circuit camera(s), fire sprinkler system, key card entry, security lights, smoke detector(s)
Senior Community Y/NNo
Sewerpublic sewer
Standard Statusactive
Statusactive
Subdivision Namegulf view on little sarasota bay
Tax Annual Amount51419.63
Tax Lot9
Tax Year2024
Utilitieselectricity connected, natural gas connected, public, sewer connected, street lights, water connected
Viewpool, trees/woods, water
Virtual TourClick here
Virtual TourClick here
Water Access Typebeach, beach – access deeded, canal – brackish, intracoastal waterway
Water Access Y/NYes
Water Viewbeach, gulf/ocean – full, gulf/ocean – partial
Water View Y/NYes
Year Built2017
Zoningrmf2

Exterior for 1204 DERBY LANE

Building Area Total9837
Covered Spaces4
Exterior Amenitiesbalcony, fenced, lighting, outdoor grill, outdoor kitchen, outdoor shower, rain gutters, sidewalk, sliding doors
Foundation Detailsblock, slab
Lot Dimensions90 x 240
Lot Featurescorner lot
Lot Size Acres0.25
Lot Size Area10911
Number of Buildings1
Parking Featuresboat, common, driveway, garage door opener, garage faces rear, golf cart parking, ground level, guest, off street, oversized
Private PoolYes
Road Responsibilitypublic maintained road
Road Surface Typepaved
SpaNo
Water Sourcepublic
Waterfront Y/NNo

Additional Details

Price History

Schools

Elementary School Phillippi Shores Elementary
Middle School Brookside Middle
High School Sarasota High

Steven Silcock

Broker Owner
Price $6,499,500
MLS#TB8356488
List Date 03/03/2025
Property Type Income
Phone 407.574.0218
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