1204 Derby Ln Sarasota, FL 34242
Estimated payment $40,250/month
Total Views
11,286
10
Beds
10
Baths
7,052
Sq Ft
$922
Price per Sq Ft
Highlights
- Beach View
- Beach Access
- Heated Lap Pool
- Phillippi Shores Elementary School Rated A
- Parking available for a boat
- Reverse Osmosis System
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 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 Agent
CHARLES RUTENBERG REALTY INC Brokerage Phone: 866-580-6402 License #3180446 Listed on: 03/03/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $51,420
Year Built
- Built in 2017
Lot Details
- 0.25 Acre Lot
- Lot Dimensions are 90x240
- Fenced
- Corner Lot
Parking
- 4 Car Attached Garage
- Common or Shared Parking
- Ground Level Parking
- Rear-Facing Garage
- Garage Door Opener
- Driveway
- Secured Garage or Parking
- Off-Street Parking
- Parking available for a boat
- Golf Cart Parking
Property Views
- Beach
- Full Gulf or Ocean
- Partial Bay or Harbor
- Woods
- Pool
Home Design
- Duplex
- Elevated Home
- Tri-Level Property
- Block Foundation
- Slab Foundation
- Metal Roof
- Concrete Siding
- Block Exterior
Interior Spaces
- 7,052 Sq Ft Home
- Elevator
- Open Floorplan
- Furnished
- Built-In Features
- Bar Fridge
- Crown Molding
- Tray Ceiling
- Vaulted Ceiling
- Ceiling Fan
- Double Pane Windows
- ENERGY STAR Qualified Windows
- Blinds
- Sliding Doors
- Great Room
- Family Room Off Kitchen
- Formal Dining Room
- Den
- Storage Room
- Attic
Kitchen
- Eat-In Kitchen
- Built-In Convection Oven
- Cooktop with Range Hood
- Recirculated Exhaust Fan
- Microwave
- Freezer
- Ice Maker
- Dishwasher
- Wine Refrigerator
- Stone Countertops
- Solid Wood Cabinet
- Disposal
- Reverse Osmosis System
Flooring
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 10 Bedrooms
- Primary Bedroom on Main
- Split Bedroom Floorplan
- Walk-In Closet
- 10 Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Home Security
- Security Lights
- Closed Circuit Camera
- Storm Windows
- Fire and Smoke Detector
- Fire Sprinkler System
Accessible Home Design
- Accessible Doors
- Accessible Approach with Ramp
Pool
- Heated Lap Pool
- Heated In Ground Pool
- Gunite Pool
- Saltwater Pool
- Outdoor Shower
- Pool Lighting
Outdoor Features
- Beach Access
- Access To Intracoastal Waterway
- Deeded access to the beach
- Access to Brackish Canal
- Balcony
- Covered patio or porch
- Outdoor Kitchen
- Exterior Lighting
- Outdoor Grill
- Rain Gutters
Schools
- Phillippi Shores Elementary School
- Brookside Middle School
- Sarasota High School
Utilities
- Central Air
- Heating System Uses Natural Gas
- Thermostat
- Natural Gas Connected
- Gas Water Heater
Listing and Financial Details
- Visit Down Payment Resource Website
- Tax Lot 9
- Assessor Parcel Number 0106030008
Community Details
Overview
- No Home Owners Association
- Gulf View On Little Sarasota Bay Community
- Gulf View On Little Sarasota Bay Subdivision
Security
- Card or Code Access
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $50,948 | $4,332,400 | $1,103,800 | $3,228,600 |
| 2023 | $50,948 | $4,276,100 | $1,234,100 | $3,042,000 |
| 2022 | $39,301 | $3,523,100 | $1,063,400 | $2,459,700 |
| 2021 | $33,512 | $2,657,900 | $645,000 | $2,012,900 |
| 2020 | $26,811 | $2,146,600 | $696,000 | $1,450,600 |
| 2019 | $23,115 | $1,778,600 | $502,000 | $1,276,600 |
| 2018 | $22,558 | $1,733,900 | $469,900 | $1,264,000 |
| 2017 | $6,308 | $469,900 | $469,900 | $0 |
| 2016 | $6,529 | $477,800 | $477,800 | $0 |
| 2015 | $6,785 | $481,600 | $432,200 | $49,400 |
| 2014 | $6,420 | $369,820 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/10/2025 06/10/25 | For Sale | $6,499,500 | +41.3% | $922 / Sq Ft |
| 05/16/2022 05/16/22 | Sold | $4,600,000 | -2.1% | $652 / Sq Ft |
| 03/01/2022 03/01/22 | Pending | -- | -- | -- |
| 01/31/2022 01/31/22 | For Sale | $4,700,000 | -- | $666 / Sq Ft |
Source: Stellar MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $4,600,000 | Berlin Patten Ebling Pllc | |
| Warranty Deed | $2,850,000 | Attorney | |
| Warranty Deed | $420,000 | Attorney | |
| Warranty Deed | $590,000 | Attorney | |
| Warranty Deed | $195,000 | Lyons & Lyons Title Co Llc | |
| Warranty Deed | $65,000 | Lyons & Lyons Title Company | |
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | $1,200,000 | None Available | |
| Warranty Deed | -- | Executive Title Ins Svcs Inc | |
| Warranty Deed | -- | Executive Title Ins Svcs Inc | |
| Quit Claim Deed | -- | Attorney |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $1,350,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $315,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $500,000 | Credit Line Revolving | |
| Previous Owner | $990,000 | Negative Amortization | |
| Previous Owner | $40,000 | Stand Alone Second | |
| Previous Owner | $1,760,000 | Unknown |
Source: Public Records
Similar Home in Sarasota, FL
Source: Stellar MLS
MLS Number: TB8356488
APN: 0106-03-0008
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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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