Active

1204 DERBY LN

SARASOTA FL, 34242

$7,749,000


$1,098.84 per sqft

Active

10 Beds

10 Baths

7,052 sqft

Multi-family

Built in 2017

Discover an extraordinary investment opportunity in the Heart of Siesta Key, Florida. This high end modern duplex was designed for luxury rental vacations. Built in 2017 to the highest standards, this exclusive property offers 10 bedrooms, 10 bathrooms, and two private heated pools. This is an ideal retreat for large groups or multi-family vacations. Situated just a short walk from the world renowned #1 Rated Siesta Key Beach, this meticulously crafted duplex boasts high end finishes throughout, ensuring a premium guest experience. Designed for durability and peace of mind, the structure has withstood seven hurricanes without issue, showcasing superior construction and resilience. Each furnished unit details includes high ceilings, tile like durable flooring, luxury kitchens complete with Jenn-Air appliances, granite countertops, 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.**

TB8356488

MLSⓇ ID

March 3, 2025

Listed

March 12, 2025

Updated

Interior Features

Total Stories

3


Bedrooms

10


Total Bathrooms

10


Interior Features

Built-in Features, Eat-in Kitchen, Elevator, High Ceilings, Kitchen/Family Room Combo, 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


Appliances

Bar Fridge, Built-In Oven, Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Freezer, Gas Water Heater, Ice Maker, Microwave, Range Hood, Refrigerator, Washer, Wine Refrigerator


Laundry Description

Inside


Floor Description

Ceramic Tile


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Electric, Natural Gas

Exterior/Building Features

Lot Size

0.25 Acres


Exterior Features

Balcony, Fence, Lighting, Outdoor Grill, Outdoor Kitchen, Outdoor Shower, Rain Gutters, Sidewalk, Sliding Doors


Lot Features

Corner Lot


Roof

Metal


Sewer

Public Sewer


Patio And Porch

Covered, Front Porch, Patio


Security

Fire Sprinkler System, Key Card Entry, Smoke Detector(s)

School Information

High School

Sarasota High


Elementary School

Phillippi Shores Elementary

Other Property Details

Area Name

34242 - Sarasota/Crescent Beach/Siesta Key


Taxes

$51,420


Tax Frequency

Annually


Days on Market

3


Association Fee Frequency

Monthly


Accessibility

Accessible Approach with Ramp, Accessible Doors


Garage

Yes


Garage Spaces

4


Parking

Driveway, Garage Door Opener, Garage Faces Rear, Off Street


View

Yes


View Description

Water


County

Sarasota


Municipality

37S


Water Source

Public


Pool

Yes


Pool Features

Gunite, Heated, In Ground


Utilities

Electricity Connected, Natural Gas Connected, Public, Sewer Connected, Street Lights, Water Connected


Zoning

RMF2

Listed by CHARLES RUTENBERG REALTY INC
Listing Contact: 866-580-6402 

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Data last updated 3/12/2025, 3:20 AM UTC

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