There are multiple listings for this address:
1204 DERBY LANE
SARASOTA, FL, 34242
$6,499,500
10 Beds
10 Baths
7,052 SqFt
0.25 Acres
Add
Add
$6,499,500
1204 DERBY LANE
SARASOTA, FL, 34242
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!

Property Details

Price:
$6,499,500
MLS #:
TB8356488
Status:
Active
Beds:
10
Baths:
10
Address:
1204 DERBY LANE
Type:
Multi Family
Subtype:
Duplex
Subdivision:
GULF VIEW ON LITTLE SARASOTA BAY
Neighborhood:
34242 – Sarasota/Crescent Beach/Siesta Key
City:
SARASOTA
Listed Date:
Mar 3, 2025
State:
FL
Finished Sq Ft:
7,052
Total Sq Ft:
9,837
ZIP:
34242
Lot Size:
10,911 sqft / 0.25 acres (approx)
Year Built:
2017
Units:
1

Schools

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

Interior

Appliances
Bar 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 Hood, Refrigerator, Washer, Wine Refrigerator
Cooling
Central Air
Flooring
Carpet, Ceramic Tile, Tile
Heating
Electric, Natural Gas
Laundry Features
Inside, Laundry Room

Exterior

Construction Materials
Block, Concrete
Exterior Features
Balcony, Fenced, Lighting, Outdoor Grill, Outdoor Kitchen, Outdoor Shower, Rain Gutters, Sidewalk, Sliding Doors
Parking Features
Boat, Common, Driveway, Garage Door Opener, Garage Faces Rear, Golf Cart Parking, Ground Level, Guest, Off Street, Oversized
Roof
Metal
Security Features
Closed Circuit Camera(s), Fire Sprinkler System, Key Card Entry, Security Lights, Smoke Detector(s)

Financial

Tax Year
2024
Taxes
$51,420
Need more info?
Ask a Question
Ready to go see it?
Schedule a Showing

Mortgage Calculator

 

Map

Similar Listings Nearby

1204 DERBY LANE
SARASOTA, FL
1204 DERBY LANE
SARASOTA, FL, 34242
$6,499,500
10 Beds
9 Baths
7,052 SqFt
0.25 Acres
Add
Add
$6,499,500
1204 DERBY LANE
SARASOTA, FL, 34242
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!

Property Details

Price:
$6,499,500
MLS #:
TB8395700
Status:
Active
Beds:
10
Baths:
9
Address:
1204 DERBY LANE
Type:
Single Family
Subtype:
Duplex
Subdivision:
GULF VIEW ON LITTLE SARASOTA BAY
Neighborhood:
34242 – Sarasota/Crescent Beach/Siesta Key
City:
SARASOTA
Listed Date:
Jun 10, 2025
State:
FL
Finished Sq Ft:
7,052
Total Sq Ft:
9,837
ZIP:
34242
Lot Size:
10,911 sqft / 0.25 acres (approx)
Year Built:
2017

Schools

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

Interior

Appliances
Bar 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 Hood, Refrigerator, Washer, Wine Refrigerator
Cooling
Central Air
Flooring
Carpet, Ceramic Tile, Tile
Heating
Electric, Natural Gas
Laundry Features
Inside, Laundry Room

Exterior

Construction Materials
Block, Concrete
Exterior Features
Balcony, Fenced, Lighting, Outdoor Grill, Outdoor Kitchen, Outdoor Shower, Rain Gutters, Sidewalk, Sliding Doors
Parking Features
Boat, Common, Driveway, Garage Door Opener, Garage Faces Rear, Golf Cart Parking, Ground Level, Guest, Off Street, Oversized
Roof
Metal
Security Features
Closed Circuit Camera(s), Fire Sprinkler System, Key Card Entry, Security Lights, Smoke Detector(s)

Financial

Tax Year
2024
Taxes
$51,420
Need more info?
Ask a Question
Ready to go see it?
Schedule a Showing

Mortgage Calculator

 

Map

Similar Listings Nearby