SARASOTA, FL 34242 1204 DERBY LANE
$6,499,500



95 more
































































































Presented By: CHARLES RUTENBERG REALTY INC with 727-538-9200. - 866-580-6402
Home Details
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!
Presented By: CHARLES RUTENBERG REALTY INC with 727-538-9200. - 866-580-6402
Interior Features for 1204 DERBY LANE
Bedrooms
Total Bedrooms10
Bathrooms
Half Baths2
Total Baths10
Other Interior Features
LivingAreaSourcepublic records
Air Conditioning Y/NYes
Fireplace Y/NNo
Flooringcarpet, ceramic tile
Furnished Y/Nfurnished
Heating Y/NYes
Interior Amenitiescathedral ceiling(s), ceiling fan(s), elevator, high ceilings, living room/dining room combo, open floorplan, primary bedroom main floor, solid surface counters, solid wood cabinets, split bedroom, stone count
Laundry Featureslaundry room
Total Stories3
Window Featuresblinds, double pane windows, energy star qualified windows, insulated windows, storm window(s)
General for 1204 DERBY LANE
Accessibilityaccessible approach with ramp, accessible doors
Additional Parcels Y/NNo
Additional Roomsattic, den/library/office, family room, formal dining room separate, formal living room separate, great room, storage rooms
Appliancesbar 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 refrigerato
Attached Garage Yes
Building Area Unitssquare feet
Carport Y/NNo
Citysarasota
Construction Materialsblock, concrete
Coolingcentral air
Countysarasota
Directionsstickney point to south siesta bridge, right at midnight pass road, right on derby lane.
Elementary Schoolphillippi shores elementary
Facing Directionnorth
Flood Zone Codeae
Full Baths8
Garage Spaces4
Garage Y/NYes
HOANo
Heatingcentral
High Schoolsarasota high
Land Lease Y/NNo
Lease Considered Y/NYes
Legal Descriptionbeg where n line of lot 9 int e line of county rd th s-29-32-e 110.25 ft for pob th cont s-29- 32-e 90.25 ft m/l to s line of lot 9 th n-54-15-e 240.9 ft th n -29-32-w 90.25 ft th s-54-15-w 240.9
Levelsthree or more
Listing Termscash, conventional
Living Area Unitssquare feet
Lot Size Square Feet10911
Lot Size Unitssquare feet
MLS Area34242 - sarasota/crescent beach/siesta key
Middle/Junior High Schoolbrookside middle
Minimum Lease1-7 days
ModificationTimestamp2025-07-08t13:38:05.787z
New ConstructionNo
Occupancy Typeowner
Other Structuresoutdoor kitchen
Ownershipfee simple
Pets Allowedyes
Pool Featuresgunite, heated, in ground, lap, lighting, salt water
Possessionclose of escrow, negotiable
Property Subtypesingle family residence
Property Typeresidential
Roofmetal
STELLAR_InLawSuiteDescripstudio
STELLAR_InLawSuiteYNYes
Security Featuressecurity system, smoke detector(s)
Senior Community Y/NNo
Sewerpublic sewer
Spa Featuresheated, in ground
Standard Statusactive
Statusactive
Subdivision Namegulf view on little sarasota bay
Tax Annual Amount51419.63
Tax Lot9
Tax Year2024
Total Rooms15
Utilitieselectricity connected, natural gas connected, public, sewer connected, street lights, water connected
Viewpool, water
Virtual TourClick here
Water Access Typebeach, beach - access deeded, brackish water, canal - brackish, intracoastal waterway
Water Access Y/NYes
Water Viewbeach, gulf/ocean - full, gulf/ocean - partial
Water View Y/NYes
Year Built2017
Zoningrmf2
Exterior for 1204 DERBY LANE
Building Area Total9837
Covered Spaces4
Exterior Amenitiesbalcony, irrigation system, lighting, outdoor grill, outdoor kitchen, outdoor shower, rain gutters, sidewalk, sliding doors
Fencingfenced, masonry, other
Foundation Detailsblock
Lot Dimensions90 x 240
Lot Featurescorner lot
Lot Size Acres0.25
Lot Size Area10911
Private PoolYes
Road Surface Typepaved
Water Sourcepublic
Waterfront Y/NNo
Additional Details
Price History
Schools
Elementary School
Phillippi Shores Elementary
Middle School
Brookside Middle
High School
Sarasota High

Ken & Robin - The Q Team
Realtor®