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1204 Derby Lane Sarasota, FL 34242

10 Beds
8 full, 2 half Baths
7,052 Sqft
10,911 Sqft lot
0.25 Acre lot
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$6,499,500 Est. $23,933 / mo.*
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Status: Active
Property Type: Single Family Residence
Year Built: 2017
Neighborhood: Gulf View On Little Sarasota Bay
Days on Website: 67

Courtesy of CHARLES RUTENBERG REALTY INC

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!

Open House

Property Details and Features

  • Living Area Meters: 655.15
  • Room Count: 15
  • Building Area Total: 9837
  • Building Area Units: Square Feet
  • Construction Materials: "Block", "Concrete"
  • Direction Faces: North
  • Levels: "Three Or More"
  • Living Area: 7052
  • Stories Total: 3
  • Year Built: 2017
  • Water Access: Beach,Beach - Access Deeded,Brackish Water,Canal - Brackish,Intracoastal Waterway
  • Water View: Beach,Gulf/Ocean - Full,Gulf/Ocean - Partial
  • Available For Lease
  • Minimum Lease: 1-7 Days
  • Calculated List Price By Calculated Sq Ft: $922
  • Lot Size Square Meters: 1014
  • Total Acreage: 1/4 to less than 1/2
  • Features: "Corner Lot"
  • 0.25 acres
  • 10911 square feet
  • Dimensions: 90x240
  • View: "Pool", "Water"
  • Number Times per Year: 52
  • Pool Dimensions: (2) 22X8
  • Pool Features: "Gunite", "Heated", "In Ground", "Lap", "Lighting", "Salt Water"
  • Spa Features: "Heated", "In Ground"
  • Additional Rooms: Attic,Den/Library/Office,Family Room,Formal Dining Room Separate,Formal Living Room Separate,Great Room,Storage Rooms
  • Road Surface: "Paved"
  • 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"
  • Other Equipment: "Irrigation Equipment"
  • 8 full bathrooms
  • 2 half bathrooms
  • Bedrooms Total: 10
  • Community Features: "Street Lights"
  • Cooling: "Central Air"
  • Exterior Features: "Balcony", "Lighting", "Outdoor Grill", "Outdoor Kitchen", "Outdoor Shower", "Rain Gutters", "Sidewalk", "Sliding Doors"
  • Fencing: "Fenced", "Masonry", "Other"
  • Flooring: "Carpet", "Ceramic Tile"
  • Foundation Details: "Block"
  • Attached Garage Yn: t
  • Garage Spaces: 4
  • Heating: "Central"
  • Furnished: Furnished
  • Interior Features: "Cathedral Ceiling(s)", "Ceiling Fans(s)", "Elevator", "High Ceilings", "Living Room/Dining Room Combo", "Open Floorplan", "Primary Downstairs", "Solid Surface Counters", "Solid Wood Cabinets", "Split Bedroom", "Stone Counters", "Thermostat", "Tray Ceiling(s)", "Vaulted Ceiling(s)", "Walk-In Closet(s)", "Window Treatments"
  • Laundry Features: "Laundry Room"
  • County or Parish: Sarasota
  • Subdivision: GULF VIEW ON LITTLE SARASOTA BAY
  • Township: 37S
  • Pets Allowed: "Yes"
  • Possession: "Close Of Escrow", "Negotiable"
  • Other Structures: "Outdoor Kitchen"
  • Zoning: RMF2
  • Roof: "Metal"
  • Elementary School: Phillippi Shores Elementary
  • Middle Or Junior School: Brookside Middle
  • High School: Sarasota High
  • Sewer: "Public Sewer"
  • Utilities: "Electricity Connected", "Natural Gas Connected", "Public", "Sewer Connected", "Water Connected"
  • Water Source: "Public"
  • Window Features: "Blinds", "Double Pane Windows", "ENERGY STAR Qualified Windows", "Insulated Windows", "Storm Window(s)"
$6,499,500 - 10Br/10Ba - for Sale in Gulf View On Little Sarasota Bay, Sarasota
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Location

$6,499,500 - 1204 Derby Lane, Sarasota, FL 34242
1204 Derby Lane Sarasota, FL 34242
County or Parish: Sarasota

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This content last updated on August 17, 2025 1:19PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.