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Listing Courtesy Of: CHARLES RUTENBERG REALTY INC, 866-580-6402, Jeff Stuben, PA

Local Realty Services Provided By: Keller Williams on the Water - Sarasota

Overview

What It'll Cost

Neighborhood

$6,999,500

1204 DERBY LANE, SARASOTA, FL 34242

10 Beds

10 Baths

sq ft

Price Drop: $749,500 (3 days ago)

$6,999,500

$7,749,000

1204 DERBY LANE, SARASOTA, FL 34242

Estimation provided by Keller Williams Realty Inc.

10 Beds

10 Baths

sq ft

Active

For Sale

Virtual Tour

Property Description

Show in English

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.**

Property Details

Compare This Home

Overview

Property Type

Duplex

Property Size

sq ft

Year Built

2017

Days on Site

22 Days

HVAC

Natural Gas, Central Air, Electric

Parking

4 Parking Spaces

Inna Zadniprovskiy at Keller Williams Realty Select

Inna Zadniprovskiy

Keller Williams Realty Select

SL3601350

(253) 753-5886

(941) 556-0500

inna.z@kw.com

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Activity History

VIEWS

SAVES

Data provided by Keller Williams Realty, Inc.

Upcoming Open Houses

No open houses are currently scheduled for this property. Don't worry - you can always schedule a tour, or get additional help from your agent.

Estimated Monthly Payment

Purchase Price: $6,999,500

Principal + Interest

(0%)

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(0%)

Home Insurance

(0%)

HOA/Condo Fee

(0%)

Mortgage Insurance

(0%)

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Purchase price has been changed to something other than the currently listed price.

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Interest Rate

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Home Insurance /year

HOA/Condo Fees /month

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Price & Tax History

Date

Event

Price

03/22/2025

Price Decrease

$6,999,500

(-9.67%)

03/03/2025

Listed

$7,749,000

(+68.46%)

05/16/2022

Sold

$4,600,000

(+995.24%)

04/07/2017

Sold

$420,000

(-28.81%)

11/18/2015

Sold

$590,000

(+202.56%)

11/11/2013

Sold

$195,000

(+200%)

10/02/2013

Sold

$65,000

(-94.58%)

12/15/2006

Sold

$1,200,000

Year

Property Tax

Assessed Value

Assessed Value is a combination of the land and additions.

2023

$50,948

(+52.03%)

$4,276,100

Land 1,234,100 + Additions 3,042,000

2021

$33,512

(+25%)

$2,657,900

Land 645,000 + Additions 2,012,900

2020

$26,811

(+15.99%)

$2,146,600

Land 696,000 + Additions 1,450,600

2019

$23,115

$1,778,600

Land 502,000 + Additions 1,276,600

The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.