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1204 Derby Lane, SARASOTA, FL 34242
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1204 Derby Lane
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Would you like to sell your home before you purchase this one?
Priced at Only: $6,499,500
For more Information Call:
Address: 1204 Derby Lane, SARASOTA, FL 34242
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  • MLS#: TB8395700 ( Residential )
  • Street Address: 1204 Derby Lane
  • Viewed: 40
  • 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: 43
  • 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
  • mfrmls
  • DMCA Notice
  • Description
    Welcome 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!
Payment Calculator
  •   Principal & Interest -
  •   Property Tax $
  •   Home Insurance $
  •   HOA Fees $
  •   Mortgage Insurance-
  •   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: 40
  • 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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