1204 DERBY LN Active Save Request In-Person Tour Request Virtual Tour
Sarasota,FL 34242
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 7,052 sqft
Price per Sqft $921
Subdivision Gulf View On Little Sarasota Bay
MLS Listing ID TB8356488
Bedrooms 10
HOA Y/N No
Year Built 2017
Annual Tax Amount $51,419
Lot Size 10,890 Sqft
Acres 0.25
Lot Dimensions 90x240
Property Sub-Type Duplex
Source Stellar MLS
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!
Location
State FL
County Sarasota
Community Gulf View On Little Sarasota Bay
Area 34242 - Sarasota/Crescent Beach/Siesta Key
Zoning RMF2
Rooms
Other Rooms Attic,Den/Library/Office,Family Room,Formal Dining Room Separate,Formal Living Room Separate,Great Room,Storage Rooms
Interior
Interior Features Built-in Features,Ceiling Fans(s),Crown Molding,Eat-in Kitchen,Elevator,High Ceilings,Kitchen/Family Room Combo,Living Room/Dining Room Combo,Open Floorplan,Primary Bedroom Main Floor,Solid Surface Counters,Solid Wood Cabinets,Split Bedroom,Stone Counters,Thermostat,Tray Ceiling(s),Vaulted Ceiling(s),Walk-In Closet(s),Window Treatments
Heating Electric,Natural Gas
Cooling Central Air
Flooring Carpet,Ceramic Tile,Tile
Furnishings Furnished
Fireplace false
Appliance Bar Fridge,Built-In Oven,Convection Oven,Cooktop,Dishwasher,Disposal,Dryer,Electric Water Heater,Exhaust Fan,Freezer,Gas Water Heater,Ice Maker,Kitchen Reverse Osmosis System,Microwave,Range,Range Hood,Refrigerator,Washer,Wine Refrigerator
Laundry Inside,Laundry Room
Exterior
Exterior Feature Balcony,Fence,Lighting,Outdoor Grill,Outdoor Kitchen,Outdoor Shower,Rain Gutters,Sidewalk,Sliding Doors
Parking Features Boat,Common,Driveway,Garage Door Opener,Garage Faces Rear,Golf Cart Parking,Ground Level,Guest,Off Street,Oversized
Garage Spaces 4.0
Pool Gunite,Heated,In Ground,Lap,Lighting,Salt Water
Community Features Street Lights
Utilities Available Electricity Connected,Natural Gas Connected,Public,Sewer Connected,Water Connected
View Y/N Yes
Water Access Yes
Water Access Desc Beach,Beach - Access Deeded,Canal - Brackish,Intracoastal Waterway
View Pool,Trees/Woods,Water
Roof Type Metal
Porch Covered,Front Porch,Patio
Attached Garage true
Garage true
Private Pool Yes
Building
Lot Description Corner Lot
Entry Level Three Or More
Foundation Block,Slab
Lot Size Range 1/4 to less than 1/2
Sewer Public Sewer
Water Public
Structure Type Block,Concrete
New Construction false
Schools
Elementary Schools Phillippi Shores Elementary
Middle Schools Brookside Middle
High Schools Sarasota High
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash,Conventional,Other,Private Financing Available,Special Funding
Listing Terms Cash,Conventional,Other,Private Financing Available,Special Funding
Special Listing Condition None
Virtual Tour https://vimeo.com/1061360031/52ce25ea18