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1204 Derby Lane, Sarasota, FL 34242

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For Sale

$6,499,500

10 beds • 7,052 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $921.65
    Price per square foot

  • 6-10 Years Old
    Age

  • Pool
    Amenities

Explore this Property

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# TB8356488

Courtesy Of Charles Rutenberg Realty, Inc

(727) 538-9200

Property Features

  • Age
    6-10 Years Old
  • Amenities
    Vaulted Ceiling, Pool, Ceiling Fan, Security System, Disabled Access, Security System, Elevator
  • Appliances
    Cooktop, Dishwasher, Dryer, Freezer, Garbage Disposer, Ice Maker, Microwave, Oven - Convection, Range, Refrigerator, Refrigerator - Wine Storage, Washer
  • Architecture Style
    Other
  • Exterior Type
    Block, Concrete
  • Floor Covering
    Carpet, Tile, Tile - Ceramic
  • Lot Size
    0.25 Acres
  • Roof Type
    Metal

Map and Directions

Directions to 1204 Derby Lane, Sarasota, FL 34242

Home seller CENTURY 21 Integra

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Integra

(407) 878-7343
Learn More About Us

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Monthly Payment Breakdown

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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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