1. Florida
2. Sarasota
3. 1204 DERBY LANE

1204 DERBY LANE, Sarasota, FL 34242

• 10 beds |
• 10 baths |
• 7,052 sqft

Property 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!

Listing Status:

Active

Date Added:

June 10, 2025 at 05:00AM

Listing Office:

CHARLES RUTENBERG REALTY INC : 727-538-9200

Listing Agent:

Jeff Stuben, PA : 813-787-6243

MLS ID:

TB8395700

Interior

• General: Cathedral Ceiling(s)Ceiling Fan(s)ElevatorHigh CeilingsLiving Room/Dining Room ComboOpen FloorplanPrimary Bedroom Main FloorSolid Surface CountersSolid Wood CabinetsSplit BedroomStone CountersThermostatTray Ceiling(s)Vaulted Ceiling(s)Walk-In Closet(s)Window Treatments
• Rooms: AtticDen/Library/OfficeFamily RoomFormal Dining Room SeparateFormal Living Room SeparateGreat RoomStorage Rooms
• Appliances: Bar FridgeConvection OvenCooktopDishwasherDisposalDryerElectric Water HeaterExhaust FanIce MakerKitchen Reverse Osmosis SystemMicrowaveRangeRange HoodRefrigeratorWasherWine Refrigerator
• Laundry: Laundry Room
• Flooring: CarpetCeramic Tile
• A/C: Central Air
• Heating: Central
• Disability Feature: Accessible Approach with RampAccessible Doors

Exterior

Construction

Location

Lot

Utilities

Financial

This listing courtesy of Jeff Stuben, PA, CHARLES RUTENBERG REALTY INC