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1204 Derby Lane

SARASOTA, FL 34242

10 beds
10 baths
7,052 sqft
10,911 sqft lot
$1,098 per sqft
2017 build
– on site

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.**

Listing courtesy of STELLAR_MLS / CHARLES RUTENBERG REALTY INC

Last checked: Checking… • Last updated Mar 7, 2025 •

MLS# TB8356488 —

The Building

Year Built:

2017
New Construction:

false
Construction Materials:

Block
Levels:

Three Or More
Roof:

Metal
Foundation Details:

Block
Patio And Porch Features:

Covered
Security Features:

Fire Sprinkler System
Accessibility Features:

Accessible Approach with Ramp
# of Buildings:

1
Building Area Total:

9837
Building Area Units:

Square Feet
Building Area Source:

Public Records

Interior

Interior Features:

Built-in Features
Furnished:

Furnished
Flooring:

Ceramic Tile
Additional Rooms:

Den/Library/Office
Fireplace:

false

Room Dimensions

Living Area:

7052
Living Area Units:

Square Feet
Living Area Source:

Public Records

Location

Directions:

Stickney Point to South Siesta Bridge, Right at Midnight Pass Road, Right on Derby Lane.
Latitude:

27.261621
Longitude:

-82.540033
Coordinates:

-82.540033, 27.261621

The Property

Parcel Number:

0106030008
Property Type:

Residential Income
Property Subtype:

Duplex
Property Attached:

false
Lot Features:

Corner Lot
Lot Size Acres:

0.25
Lot Size Area:

10911
Lot Size SqFt:

10911
Lot Size Dimensions:

90 x 240
Lot Size Units:

Square Feet
Total Acres:

1/4 to less than 1/2
Zoning:

RMF2
View:

Water
View:

true
Exterior Features:

Balcony
Water Source:

Public
Road Responsibility:

Public Maintained Road
Road Surface Type:

Paved
Flood Zone Code:

AE
Additional Parcels:

false
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Lot:

9
Tax Legal Description:

BEG WHERE N LINE OF LOT 9 INT E LINE OF COUNTY RD TH S-29-32-E 110.25 FT FOR POB TH CONT S-29- 32-E 90.25 FT M/L TO S LINE OF LOT 9 TH N-54-15-E 240.9 FT TH N -29-32-W 90.25 FT TH S-54-15-W 240.9
Tax Book Number:

A-59
Tax Annual Amount:

51419.63

Beds

Bedrooms Total:

10

Baths

Total Baths:

10

The Listing

Virtual Tour URL Unbranded:

https://nodalview.com/s/2OJmG-nbnCVucYoYDq2kOQ
Virtual Tour URL Unbranded 2:

https://vimeo.com/1061360031/52ce25ea18
Special Listing Conditions:

None

Heating & Cooling

Heating:

Electric
Heating:

true
Cooling:

Central Air
Cooling:

true

Utilities

Utilities:

Electricity Connected
Sewer:

Public Sewer

Appliances

Appliances:

Bar Fridge
Laundry Features:

Inside

Schools

Elementary School:

Phillippi Shores Elementary
Middle Or Junior School:

Brookside Middle
High School:

Sarasota High

The Community

Subdivision Name:

GULF VIEW ON LITTLE SARASOTA BAY
Senior Community:

false
Waterview:

Gulf/Ocean - Partial
Waterview:

true
Water Access:

Beach
Water Access:

true
Waterfront:

false
Spa:

false
Pool Private:

true
Pool Dimensions:

(2) 22X8
Pool Features:

Gunite
Association:

false
Ownership:

Fee Simple

Parking

Garage:

true
Attached Garage:

false
Garage Spaces:

4
Carport:

false
Covered Spaces:

4
Open Parking:

true
Parking Features:

Driveway

Extra Units

# of Units Total:

1

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
3/3/25 Mar 3, 2025	Listed / Active	STELLAR_MLS	$7,749,000	68.5% (24.4% / YR)
5/16/22 May 16, 2022		STELLAR_MLS	$4,600,000	-2.1%
3/1/22 Mar 1, 2022		STELLAR_MLS	$4,700,000

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This multifamily located in Peppertree Bay, Siesta Key, FL 34242 is currently for sale for $7,749,000. 1204 Derby Lane is a 7,052 square foot multifamily with 10 beds and 10 baths that has been on Estately for 6 days. 1204 Derby Lane is in the Peppertree Bay neighborhood of Siesta Key and has a WalkScore® of 25, making it car-dependent. This multifamily is in the attendance area of Sarasota High School, Phillippi Shores Elementary School, and Brookside Middle School.

Listing Courtesy of: STELLAR_MLS and CHARLES RUTENBERG REALTY INC.

Based on information from the My Florida Regional MLS DBA Stellar MLS 2025.

All information provided is deemed reliable but is not guaranteed and should be independently verified. Stellar MLS, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ 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 information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. Stellar MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. For any questions please call (407) 499-8911.