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!
For sale
Price cut: $500K (5/18)
$6,499,500
1204 Derby Ln, Sarasota, FL 34242
10beds
7,052sqft
Est.:
Single Family Residence
Built in 2017
0.25 Acres Lot
$-- Zestimate®
$922/sqft
$-- HOA
What's special
Large islandPrivate beach accessGranite countertopsHigh end finishesMaster suiteOutdoor kitchensJenn-air appliances
- 41 days
- on Zillow |
- 433 |
- 12 |
Zillow last checked: 7 hours ago
Listing updated: July 08, 2025 at 10:43am
Listing Provided by:
Jeff Stuben, PA 813-787-6243,
CHARLES RUTENBERG REALTY INC 727-538-9200
Source: Stellar MLS,MLS#: TB8395700
Originating MLS: Suncoast Tampa

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 10
- Full bathrooms: 8
- 1/2 bathrooms: 2
Rooms
- Room types: Attic, Den/Library/Office, Family Room, Dining Room, Living Room, Great Room, Storage Rooms
Primary bedroom
- Features: Walk-In Closet(s)
- Level: Third
- Area: 300 Square Feet
- Dimensions: 20x15
Primary bedroom
- Features: Walk-In Closet(s)
- Level: Second
- Area: 300 Square Feet
- Dimensions: 20x15
Bedroom 3
- Features: Built-in Closet
- Level: Second
- Area: 238 Square Feet
- Dimensions: 17x14
Bedroom 4
- Features: Built-in Closet
- Level: Third
- Area: 238 Square Feet
- Dimensions: 17x14
Bedroom 5
- Features: Built-in Closet
- Level: Second
- Area: 168 Square Feet
- Dimensions: 12x14
Balcony porch lanai
- Level: Third
- Area: 280 Square Feet
- Dimensions: 10x28
Balcony porch lanai
- Level: Second
- Area: 280 Square Feet
- Dimensions: 10x28
Dining room
- Level: Second
- Area: 230 Square Feet
- Dimensions: 23x10
Dining room
- Level: Third
- Area: 230 Square Feet
- Dimensions: 23x10
Great room
- Level: Third
- Area: 224 Square Feet
- Dimensions: 16x14
Great room
- Level: Second
- Area: 224 Square Feet
- Dimensions: 16x14
Kitchen
- Level: Second
- Area: 304 Square Feet
- Dimensions: 16x19
Kitchen
- Level: Third
- Area: 304 Square Feet
- Dimensions: 16x19
Other
- Level: First
- Area: 494 Square Feet
- Dimensions: 19x26
Other
- Level: First
- Area: 494 Square Feet
- Dimensions: 19x26
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Bar Fridge, Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Ice Maker, Kitchen Reverse Osmosis System, Microwave, Range, Range Hood, Refrigerator, Washer, Wine Refrigerator
- Laundry: Laundry Room
Features
- Cathedral Ceiling(s), Ceiling Fan(s), Elevator, High Ceilings, 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)
- Flooring: Carpet, Ceramic Tile
- Doors: Outdoor Grill, Outdoor Kitchen, Outdoor Shower, Sliding Doors
- Windows: Blinds, Double Pane Windows, ENERGY STAR Qualified Windows, Insulated Windows, Storm Window(s), Window Treatments
- Has fireplace: No
- Furnished: Yes
Interior area
- Total structure area: 9,837
- Total interior livable area: 7,052 sqft
Video & virtual tour
Property
Parking
- Total spaces: 4
- Parking features: Garage - Attached
- Attached garage spaces: 4
Accessibility
- Accessibility features: Accessible Approach with Ramp, Accessible Doors
Features
- Levels: Three Or More
- Stories: 3
- Exterior features: Balcony, Irrigation System, Lighting, Outdoor Grill, Outdoor Kitchen, Outdoor Shower, Rain Gutters, Sidewalk
- Has private pool: Yes
- Pool features: Gunite, Heated, In Ground, Lap, Lighting, Salt Water
- Spa features: Heated, In Ground
- Fencing: Fenced,Masonry,Other
- Has view: Yes
- View description: Pool, Water, Beach, Gulf/Ocean - Full, Gulf/Ocean - Partial
- Has water view: Yes
- Water view: Water,Beach,Gulf/Ocean - Full,Gulf/Ocean - Partial
- Waterfront features: Beach Access, Beach - Access Deeded, Brackish Water Access, Brackish Canal Access, Intracoastal Waterway Access
Lot
- Size: 0.25 Acres
- Dimensions: 90 x 240
- Features: Corner Lot
Details
- Additional structures: Outdoor Kitchen
- Parcel number: 0106030008
- Zoning: RMF2
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Block, Concrete
- Foundation: Block
- Roof: Metal
Condition
- New construction: No
- Year built: 2017
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected, Public, Sewer Connected, Street Lights, Water Connected
Community & HOA
Community
- Security: Security System, Smoke Detector(s)
- Subdivision: GULF VIEW ON LITTLE SARASOTA BAY
HOA
- Has HOA: No
- Pet fee: $0 monthly
Location
- Region: Sarasota
Financial & listing details
- Price per square foot: $922/sqft
- Tax assessed value: $4,332,400
- Annual tax amount: $51,419
- Date on market: 6/10/2025
- Listing terms: Cash,Conventional
- Ownership: Fee Simple
- Total actual rent: 0
- Electric utility on property: Yes
- Road surface type: Paved
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