1204 Derby Lane, SARASOTA, FL 34242

Local realty services provided by:Better Homes and Gardens Real Estate Thomas Group
#1#2#3
1204 Derby Lane,SARASOTA, FL 34242
$6,499,500
Virtual Tour
  • 10 Beds
  • 10 Baths
  • 7,052 sq. ft.
  • Multi-family
  • Active
Listed by:jeff stuben, pa
Office:charles rutenberg realty inc
MLS#:TB8356488
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

Contact an agent

contact an agent

Yes, I would like more information from BHGRE®. Please use and/or share my information with an BHGRE affiliated agent to contact me about my real estate needs. By clicking Send message, I agree an BHGRE affiliated agent may contact me by phone or text message including by automated means about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:2017
  • Listing Id #:TB8356488
  • Added:164 day(s) ago
  • Updated:August 14, 2025 at 11:58 AM

Rooms and interior

  • Bedrooms:10
  • Total bathrooms:10
  • Living area:7,052 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Electric, Natural Gas

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)
MLS LogoThe information being provided by My Florida Regional MLS DBA Stellar MLS. is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the My Florida Regional MLS DBA Stellar MLS.. Better Homes and Gardens Real Estate Thomas Group is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Better Homes and Gardens Real Estate Thomas Group, a broker participant of My Florida Regional MLS DBA Stellar MLS.. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by My Florida Regional MLS DBA Stellar MLS. and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Properties in listings may have been sold or may no longer be available. Copyright 2025 My Florida Regional MLS DBA Stellar MLS.. All rights reserved.

New listings near 1204 Derby Lane