1204 Derby Lane Sarasota, FL 34242
Listing Courtesy of: MLS LogoSTELLAR / Charles Rutenberg Realty Inc - Contact:  866-580-6402

  1204 Derby Lane Sarasota, FL 34242

Active (84 Days)
$6,499,500
10
BED
10
BATH
7,052
SQFT

Description

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!

MLS #:
TB8395700
Taxes
$51,420(2024)
Lot Size
0.25 acres
Type
Single-Family Home
Year Built
2017
Views
Water, Pool
County
Sarasota County

Listed By

Jeff Stuben, Pa, Charles Rutenberg Realty Inc, Contact: 866-580-6402
Source
STELLAR
Last checked Sep 2 2025 at 7:47 PM GMT+0000
Bathroom Details
  • Full Bathrooms: 8
  • Half Bathrooms: 2
Interior Features
  • Great Room
  • Formal Dining Room Separate
  • Attic
  • Split Bedroom
  • Stone Counters
  • Solid Wood Cabinets
  • Formal Living Room Separate
  • Solid Surface Counters
  • Den/Library/Office
  • Furnished
  • Elevator
  • Family Room
  • Living Room/Dining Room Combo
  • Storage Rooms
  • Walk-In Closet(s)
  • Window Treatments
  • Appliances: Dishwasher
  • Appliances: Electric Water Heater
  • Appliances: Refrigerator
  • Appliances: Washer
  • Ceiling Fans(s)
  • Open Floorplan
  • Appliances: Disposal
  • Appliances: Range Hood
  • Appliances: Microwave
  • Appliances: Range
  • Cathedral Ceiling(s)
  • Vaulted Ceiling(s)
  • Appliances: Dryer
  • Appliances: Convection Oven
  • Appliances: Exhaust Fan
  • Appliances: Ice Maker
  • Tray Ceiling(s)
  • Appliances: Kitchen Reverse Osmosis System
  • Appliances: Bar Fridge
  • Appliances: Cooktop
  • Appliances: Wine Refrigerator
  • Thermostat
  • High Ceilings
  • Primary Bedroom Main Floor
Subdivision
  • Gulf View On Little Sarasota Bay
Lot Information
  • Corner Lot
Property Features
  • Foundation: Block
Heating and Cooling
  • Central
  • Central Air
Pool Information
  • In Ground
  • Salt Water
  • Heated
  • Gunite
  • Lighting
  • Lap
Flooring
  • Ceramic Tile
  • Carpet
Exterior Features
  • Block
  • Concrete
  • Roof: Metal
Utility Information
  • Utilities: Public, Water Connected, Water Source: Public, Electricity Connected, Sewer Connected, Natural Gas Connected
  • Sewer: Public Sewer
School Information
  • Elementary School: Phillippi Shores Elementary
  • Middle School: Brookside Middle
  • High School: Sarasota High
Stories
  • 3
Living Area
  • 7,052 sqft
Additional Information: Charles Rutenberg Realty Inc | 866-580-6402
Location
   
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Disclaimer: Listings Courtesy of “My Florida Regional MLS DBA Stellar MLS © 2025. IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any other purpose other than to identify properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified. Last Updated: 9/2/25 12:47