SIESTA KEY INVESTMENT PROPERTY! This one of a kind high end modern property was designed for luxury rental vacations. Built in 2017 to the highest building standards, this exclusive property offers TEN (10) bedrooms, TEN (10) bathrooms, and TWO (2) private heated pools and two (2) outdoor kitchens. This is an ideal retreat for large groups or multi-family vacations and reunions. Situated just a short walk through a private beach access from the world renowned #1 Rated Siesta Key Beach, this meticulously crafted interior boasts high end finishes throughout, ensuring a premium guest experience. Designed for durability and peace of mind, the structure is concrete block, showcasing superior construction and resilience. The furnished units include high ceilings, tile flooring, luxury kitchens complete with Jenn-Air appliances, granite countertops, solid wood cabinets and a large island with an abundant amount of cabinet storage space. Each master suite includes an en-suite spa like bathroom complete with soaking tub and stand up shower. This exquisite property features two private entrances, two private elevators, and two private garages. Every detail of this property is well designed and easily maintained. With its prime location, modern amenities and proven rental income, this turnkey investment is beyond perfection. This is an excellent opportunity to acquire a proven business with top ratings on Air Bnb and Vrbo with revenue of $600K+ a year. **THE PROPERTY HAS PRIVATE DEEDED BEACH ACCESS AND NO LIMIT ON RENTAL RESTRICTIONS.** PRICED BELOW ZILLOW ZESTIMATE!!! Sellers are Motivated!
For sale
Price cut: $500K (5/18)
$6,499,500
1204 Derby Ln, Sarasota, FL 34242
10beds
10baths
7,052sqft
Est.:
Duplex, Multi Family
Built in 2017
-- sqft lot
$7,011,800 Zestimate®
$922/sqft
$-- HOA
What's special
Large islandGranite countertopsHigh end finishesMaster suiteOutdoor kitchensJenn-air appliancesEn-suite spa like bathroom
- 89 days
- on Zillow |
- 661 |
- 27 |
Zillow last checked: 7 hours ago
Listing updated: 21 hours ago
Listing Provided by:
Jeff Stuben, PA 813-787-6243,
CHARLES RUTENBERG REALTY INC 727-538-9200
Source: Stellar MLS,MLS#: TB8356488
Originating MLS: Pinellas Suncoast

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 10
Rooms
- Room types: Attic, Den/Library/Office, Family Room, Dining Room, Living Room, Great Room, Storage Rooms
Heating
- Electric, Natural Gas
Cooling
- Central Air
Appliances
- Included: Bar Fridge, 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
Features
- Built-in Features, Ceiling Fan(s), Crown Molding, Eating Space 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)
- Flooring: Carpet, Ceramic Tile, Tile
- Doors: Outdoor Grill, Outdoor Kitchen, Outdoor Shower, Sliding Doors
- Windows: Blinds, Double Pane Windows, ENERGY STAR Qualified 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: Boat, Common, Driveway, Garage Door Opener, Garage Faces Rear, Golf Cart Parking, Ground Level, Guest, Off Street, Oversized
- Attached garage spaces: 4
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Accessible Approach with Ramp, Accessible Doors
Features
- Levels: Three Or More
- Stories: 3
- Patio & porch: Covered, Front Porch, Patio
- Exterior features: Balcony, Lighting, Outdoor Grill, Outdoor Kitchen, Outdoor Shower, Rain Gutters, Sidewalk
- Has private pool: Yes
- Pool features: Gunite, Heated, In Ground, Lap, Lighting, Salt Water
- Fencing: Fenced
- Has view: Yes
- View description: Pool, Trees/Woods, 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 Canal Access, Intracoastal Waterway Access
Lot
- Size: 0.25 Acres
- Dimensions: 90 x 240
- Features: Corner Lot
Details
- Parcel number: 0106030008
- Zoning: RMF2
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex, Multi Family
Materials
- Block, Concrete
- Foundation: Block, Slab
- 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: Closed Circuit Camera(s), Fire Sprinkler System, Key Card Entry, Security Lights, 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: 3/3/2025
- Listing terms: Cash,Conventional,Other,Private Financing Available,Special Funding
- Ownership: Fee Simple
- Total actual rent: 0
- Electric utility on property: Yes
- Road surface type: Paved
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