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
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange Program of Stellar MLS. Information provided is for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The Thompson Group participates in the Stellar MLS Internet Data Exchange (IDX) program, allowing display of other Stellar MLS broker's listings on this site. However, may not include all listings currently available. Information is deemed reliable but not guaranteed. Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.
©2025 Stellar MLS. All rights reserved.
Data last updated 3/12/2025, 3:20 AM UTC