1204 DERBY LANE, SARASOTA, FL, 34242

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$6,499,500
30 Days On Site

1204 DERBY LANE
SARASOTA, FL 34242

For Sale|Single Family Residence|Active
10
Beds
10
Total Baths
8
Full Baths
2
Partial Baths
7,052
SqFt
$922
/SqFt
2017
Built
Subdivision:
GULF VIEW ON LITTLE SARASOTA BAY
County:
Sarasota
Call Now: (727)726-5599
Is this the listing for you? We can help make it yours.
(727)726-5599
1204 DERBY LANE1204 DERBY LANE1204 DERBY LANE1204 DERBY LANE
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Monthly Payment (Est.)

$29,653
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2025 Information is deemed reliable but not guaranteed.

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!

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Listing Snapshot
Price 
$6,499,500
Days On Site 
30 Days
Bedrooms 
10
Inside Area (SqFt) 
7,052 sqft
Total Baths 
10
Full Baths 
8
Partial Baths 
2
Lot Size 
0.25 Acres
Year Built 
2017
MLS® Number 
TB8395700
Status 
Active
Property Tax 
$51,419.63
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Public Records
Friends & Family
Recent Activity
3 days agoListing updated with changes from the MLS®
a month agoListing first seen on site
General Features
Acres 
0.25
Attached Garage 
Yes
Direction Faces 
North
Foundation 
Block
Garage 
Yes
Garage Spaces 
4
Number Of Stories 
3
Parking 
Attached
Pets 
Yes
Property Sub Type 
Single Family Residence
Security 
Security SystemSmoke Detector(s)
Sewer 
Public Sewer
SqFt Total 
9837
Stories 
Three Or More
Utilities 
Natural Gas AvailableElectricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected
Water Source 
Public
Zoning 
RMF2
Interior Features
Appliances 
Bar FridgeConvection OvenCooktopDishwasherDisposalDryerElectric Water HeaterExhaust FanIce MakerMicrowaveRangeRange HoodRefrigeratorWasherWine Refrigerator
Cooling 
Central Air
Flooring 
CarpetCeramic Tile
Furnished 
Furnished
Heating 
Central
Interior 
Cathedral Ceiling(s)ElevatorHigh CeilingsOpen FloorplanStone CountersTray Ceiling(s)Vaulted Ceiling(s)Walk-In Closet(s)
Laundry Features 
Laundry Room
Window Features 
BlindsDouble Pane WindowsENERGY STAR Qualified WindowsInsulated WindowsStorm Window(s)
Balcony/Porch/Lanai 
Dimensions - 10x28Level - Third
Bedroom 3 
Dimensions - 17x14Level - Second
Bedroom 4 
Dimensions - 17x14Level - Third
Bedroom 5 
Dimensions - 12x14Level - Second
Dining Room 
Dimensions - 23x10Level - Third
Great Room 
Dimensions - 16x14Level - Third
Kitchen 
Dimensions - 16x19Level - Third
Master Bedroom 
Dimensions - 20x15Level - Second
Studio 
Dimensions - 19x26Level - First
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Exterior Features
Construction Details 
BlockConcrete
Exterior 
BalconyLightingOutdoor GrillOutdoor KitchenOutdoor ShowerRain Gutters
Fencing 
FencedMasonryOther
Lot Features 
Corner Lot
Other Structures 
Outdoor Kitchen
Pool Features 
GuniteHeatedIn GroundLapSalt WaterPrivate
Private Pool 
Yes
Roof 
Metal
Spa Features 
HeatedIn Ground
View 
BeachWaterPool
Waterfront Features 
Beach Access
Waterview 
BeachWaterPool
Windows/Doors 
BlindsDouble Pane WindowsENERGY STAR Qualified WindowsInsulated WindowsStorm Window(s)
Community Features
Accessibility Features 
Accessible EntranceAccessible Approach with RampAccessible Doors
Community Features 
Street Lights
Financing Terms Available 
CashConventional
MLS Area 
34242 - Sarasota/Crescent Beach/Siesta Key
Roads 
Paved
Township 
37S
Schools
School District
Unknown
Elementary School
Phillippi Shores Elementary
Middle School
Brookside Middle
High School
Sarasota High
Listing courtesy of CHARLES RUTENBERG REALTY INC 8137876243



Listing information is provided by Participants of the Stellar MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Properties displayed may be listed or sold by various participants in the MLS Copyright 2025, Stellar MLS.
Last checked: 2025-07-11 11:34 AM EDT

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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