1204 Derby Lane, SARASOTA, FL 34242
Local realty services provided by:ERA Advantage Realty, Inc.
Listed by:jeff stuben, pa
Office:charles rutenberg realty inc
MLS#:TB8395700
Source:MFRMLS
Price summary
- Price:$6,499,500
- Price per sq. ft.:$660.72
About this home
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!
Contact an agent
Home facts
- Year built:2017
- Listing Id #:TB8395700
- Added:68 day(s) ago
- Updated:August 14, 2025 at 12:24 PM
Rooms and interior
- Bedrooms:10
- Total bathrooms:10
- Full bathrooms:8
- Half bathrooms:2
- Living area:7,052 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central
Structure and exterior
- Roof:Metal
- Year built:2017
- Building area:7,052 sq. ft.
- Lot area:0.25 Acres
Schools
- High school:Sarasota High
- Middle school:Brookside Middle
- Elementary school:Phillippi Shores Elementary
Utilities
- Water:Public, Water Connected
- Sewer:Public, Public Sewer, Sewer Connected
Finances and disclosures
- Price:$6,499,500
- Price per sq. ft.:$660.72
- Tax amount:$51,420 (2024)
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