1204 Derby Lane, SARASOTA, FL 34242
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Priced at Only: $6,499,500
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Address: 1204 Derby Lane, SARASOTA, FL 34242
Property Location and Similar Properties
- MLS#: TB8395700 ( Residential )
- Street Address: 1204 Derby Lane
- Viewed: 37
- Price: $6,499,500
- Price sqft: $661
- Waterfront: No
- Year Built: 2017
- Bldg sqft: 9837
- Bedrooms: 10
- Total Baths: 10
- Full Baths: 8
- 1/2 Baths: 2
- Garage / Parking Spaces: 4
- Days On Market: 42
- Additional Information
- Geolocation: 27.2616 / -82.54
- County: SARASOTA
- City: SARASOTA
- Zipcode: 34242
- Subdivision: Gulf View On Little Sarasota B
- Elementary School: Phillippi Shores Elementary
- Middle School: Brookside Middle
- High School: Sarasota High
- Provided by: CHARLES RUTENBERG REALTY INC
- Contact: Jeff Stuben, PA
- 727-538-9200
- DMCA Notice
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DescriptionWelcome to an unparalleled luxury coastal retreat in the heart of SIESTA KEY, home to Tripadvisors #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 Keys 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, its 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 Americas top rated beach. Dont miss this rare opportunity to own a luxury vacation rental with a stellar rental history in one of the most coveted coastal destinations!
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- Principal & Interest -
- Property Tax $
- Home Insurance $
- HOA Fees $
- Monthly -
Features
Building and Construction
- Covered Spaces: 0.00
- Exterior Features: Balcony, Lighting, Outdoor Grill, Outdoor Kitchen, Outdoor Shower, Rain Gutters, Sidewalk, Sliding Doors
- Fencing: Fenced, Masonry, Other
- Flooring: Carpet, Ceramic Tile
- Living Area: 7052.00
- Other Structures: Outdoor Kitchen
- Roof: Metal
Land Information
- Lot Features: Corner Lot
School Information
- High School: Sarasota High
- Middle School: Brookside Middle
- School Elementary: Phillippi Shores Elementary
Garage and Parking
- Garage Spaces: 4.00
- Open Parking Spaces: 0.00
Eco-Communities
- Pool Features: Gunite, Heated, In Ground, Lap, Lighting, Salt Water
- Water Source: Public
Utilities
- Carport Spaces: 0.00
- Cooling: Central Air
- Heating: Central
- Pets Allowed: Yes
- Sewer: Public Sewer
- Utilities: Electricity Connected, Natural Gas Connected, Public, Sewer Connected, Water Connected
Finance and Tax Information
- Home Owners Association Fee: 0.00
- Insurance Expense: 0.00
- Net Operating Income: 0.00
- Other Expense: 0.00
- Tax Year: 2024
Other Features
- Accessibility Features: Accessible Approach with Ramp, Accessible Doors
- Appliances: Bar Fridge, Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Ice Maker, Kitchen Reverse Osmosis System, Microwave, Range, Range Hood, Refrigerator, Washer, Wine Refrigerator
- Country: US
- Furnished: Furnished
- Interior Features: Cathedral Ceiling(s), Ceiling Fans(s), Elevator, High Ceilings, Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Stone Counters, Thermostat, Tray Ceiling(s), Vaulted Ceiling(s), Walk-In Closet(s), Window Treatments
- Legal Description: BEG 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
- Levels: Three Or More
- Area Major: 34242 - Sarasota/Crescent Beach/Siesta Key
- Occupant Type: Owner
- Parcel Number: 0106030008
- Possession: Close Of Escrow, Negotiable
- View: Pool, Water
- Views: 37
- Zoning Code: RMF2
Nearby Subdivisions
0073 Siesta Rev Plat Of
Aloha Kai Apts
Bay Island
Bay Island Park
Bay Island Shores
Beach Club At Siesta Key
Boyds
Cedars Of Siesta Key The
Cocoanut Bayou
Fidder Bayou
Gulf View On Little Sarasota B
Harmony Sub
Heron Lagoon Lodges
Hidden Harbor
Horizons West
Island House
Mangroves Sub The
Midnight Harbor Sub
Mira Mar Beach
Mira Mar Exit
Mira Mar Sub
Ocean Beach Rep
Ocean Beach Sub
Ocean View
Point Crisp Add
Point O Rocks Terrace Add
Polynesian Gardens
Princes Gate
Riegels Landing
Roberts Point
Roberts Point 2
Royal Palm Harbor
Sanderling Club
Sanderling Clubsiesta Properti
Sandy Hook
Sara Sands
Sarasota Beach
Secluded Harbour 02
Siesta Beach
Siesta Cove Sub
Siesta Isles
Siesta Key
Siesta Key Bay Island
Siesta Manor Sec 1
Siesta Manor Sec 2
Siesta Manor Sec 3
Siesta Rev Of
Siesta Rev Resub
Siestas Bayside
Siestas Bayside Bayside Club 0
Siestas Bayside Waterside East
Siestas Bayside Waterside Sout
Siestas Bayside Waterside West
Siestas Bayside Waterside Wood
Siestas Bayside Waterside-wood
Siestas Bayside Watersidewood
Somerset Cove
South Cocoanut Bayou
Stickney Point Sub
Tortoise Estates
Twitchell Ralph S Siesta Key P
Vista Hermosa
Whispering Sands
White Beach Fruit Co Prop
White Beach Fruit Companys Su

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