1204 Derby Lane Sarasota, FL 34242

Multi-Family (2-4 Units) MLS #: TB8356488 Courtesy Of Charles Rutenberg Realty, Inc.

$7,749,000

10 beds | 7,052 sq ft
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Est. Property Tax: $51,419
Estimated monthly payments: $38,159/mo.* (recalculate)

Property InformationDescription

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.**

Features

  • Age: 6-10 Years Old
  • Amenities: Vaulted Ceiling, Pool, Security System, Disabled Access, Security System, Elevator
  • Appliances: Cooktop, Dishwasher, Dryer, Freezer, Garbage Disposer, Ice Maker, Microwave, Oven - Convection, Range, Refrigerator, Refrigerator - Wine Storage, Washer
  • Architecture Style: Other
  • Exterior Type: Block, Concrete
  • Floor Covering: Tile, Tile - Ceramic
  • Lot Size: 0.25 Acres
  • Roof Type: Metal

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1204 Derby Lane, Sarasota, FL 34242
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School Information

1204 Derby Lane, Sarasota, FL 34242

Elementary School
Grades PK-5 | Public School
PHILLIPPI SHORES ELEMENTARY SCHOOL
Sarasota, FL 34231
4747 S Tamiami Trl
941.­361.6424
Distance: 1.8 mi
School Rating
A-
Student:Teacher Ratio
15:1
Total Students
775
Middle School
Grades 6-8 | Public School
BROOKSIDE MIDDLE SCHOOL
Sarasota, FL 34239
3636 S Shade Ave
941.­361.6472
Distance: 2.8 mi
School Rating
B-
Student:Teacher Ratio
15:1
Total Students
749
High School
Grades 9-12 | Public School
SARASOTA HIGH SCHOOL
Sarasota, FL 34239
2155 Bahia Vista St
941.­955.0181
Distance: 4.4 mi
School Rating
C
Student:Teacher Ratio
21:1
Total Students
2308
Other Nearby Schools Distance Type Grades School Rating
Saltmeadow School 0.7 mi Private 1-11
Mangrove School Of Sarasota 0.8 mi Private PK-8
Sarasota Virtual Instruction (course Offerings) 1.3 mi Public 9-12
Ese Special Programs 1.3 mi Public PK-12
Sarasota Virtual Instruction Program 1.3 mi Public KG-12 B-
Gulf Gate Elementary School 1.9 mi Public PK-5 B+
Riverview High School 1.9 mi Public 9-12 B
The Out-of-door Academy 2.1 mi Private PK-12
Suncoast Technical College 2.9 mi Public 12
Sarasota Virtual Academy (virtual Franchise) 3.0 mi Public KG-12
Suncoast Polytechnical High School 3.1 mi Public 9-12 A
Wilkinson Elementary School 3.1 mi Public PK-5 C+
Incarnation Catholic School 3.2 mi Private PK-8
Triad 3.2 mi Public 6-12 F
Southside Elementary School 3.3 mi Public PK-5 A+
Imagine School At Palmer Ranch 3.6 mi Public PK-8 C
Brickhouse Academy 4.1 mi Private 8-12
Community Day School 4.1 mi Private PK-8
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

Sarasota, FL 34242

Median Age: 66.9
Married: 59%
Number of Households: 4,272
Households with Children: 6.3%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home
Copyright © 2025 Pinellas Suncoast Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is 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.