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1204 Derby Lane, Sarasota, FL 34242
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  • MLS#: TB8395700 ( Single Family )
  • Street Address: 1204 Derby Lane
  • Viewed: 8
  • Price: $6,499,500
  • Price sqft: $661
  • Waterfront: Yes
  • Wateraccess: Yes
  • Waterfront Type: BeachAccess
  • Year Built: 2017
  • Bldg sqft: 9837
  • Bedrooms: 10
  • Total Baths: 10
  • Full Baths: 8
  • 1/2 Baths: 2
  • Garage / Parking Spaces: 4
  • Days On Market: 30
Description
Welcome to an unparalleled luxury coastal retreat in the heart of SIESTA KEY, home to Tripadvisors #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 Keys 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, its 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 Americas top rated beach. Dont miss this rare opportunity to own a luxury vacation rental with a stellar rental history in one of the most coveted coastal destinations!
Description
Welcome to an unparalleled luxury coastal retreat in the heart of SIESTA KEY, home to Tripadvisors #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 Keys 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, its 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 Americas top rated beach. Dont miss this rare opportunity to own a luxury vacation rental with a stellar rental history in one of the most coveted coastal destinations!
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  • Possible terms: Cash, Conventional
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Details for 1204 Derby Lane, SARASOTA, FL 34242
$6,499,500.00 ($660.72 / sqft )

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Welcome to an unparalleled luxury coastal retreat in the heart of SIESTA KEY, home to Tripadvisors #1 Beach in America! This turn key luxury vacation rental boasts a potential $966,192 in first year c

  1. Bedrooms: 10
  2. Baths: 10
  3. Approx. 9837 sqft
  1. MLSID: TB8395700
  2. Provided by CHARLES RUTENBERG REALTY INC
  3. Contact Jeff Stuben, PA
  4. mfrmls
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  1. Marian Casteel, BrkrAssc,REALTOR ®
  2. Tropic Shores Realty
  3. CLIENT FOCUSED! RESULTS DRIVEN! SERVICE YOU CAN COUNT ON!
  4. Mobile: 352.601.6367
  5. Mobile: 352.601.6367
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