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$6,499,500 • ten bedroom(s) • living size area 7052 sqft
Welcome to an unparalleled luxury coastal retreat in the heart of siesta key, home to tripadvisor’s #1 beach in america! this turn-key luxury vacation rental boasts a potential $966,192 in first-year cash flow ($575,000+ from rental income and up to $391,192 from 100 percent bonus depreciation, reinstated by the big beautiful bill), making it an extraordinary investment opportunity. built in 2017 to the highest standards, this exquisite three-story estate offers 10 bedrooms, 8 full bathrooms, 2 half baths, 2 private heated pools, 2 outdoor kitchens, and a 4-car garage. just steps from the world-renowned siesta key beach via private deeded beach access, this property is a true diamond among siesta key’s aging real estate market. with no rental restrictions, no hoa fees, a proven rental track record, excellent guest reviews, and steadily increasing occupancy and nightly rate performance, it’s priced below zillow zestimate with motivated sellers. the concrete block structure ensures durability, while the meticulously crafted interior features high-end finishes, including soaring ceilings, tile flooring, and gourmet kitchens with jenn-air appliances, granite countertops, solid wood cabinets, and expansive islands. each master suite includes a spa-like en-suite bathroom with a soaking tub and stand-up shower. with 2 private entrances, 2 private elevators, and 2 private garages, this fully furnished estate is designed for guest convenience and low maintenance. perfect for investors seeking a high-performing asset in a prime location, this siesta key masterpiece combines modern amenities with the allure of america’s top-rated beach. don’t miss this rare opportunity to own a luxury vacation rental with a stellar rental history in one of the most coveted coastal destinations!Multi Family 10 bedrooms - GULF VIEW ON LITTLE SARASOTA BAY for Sale
1204 DERBY, SARASOTA, FL 34242
Asking Price$6,499,500 Change Price$500,000
Share by:
- 10bdr
- Living 7052sqft
- Lot size 10911sqft
- Taxes: Register to see
- Year Built 2017
-
Days on market:
184 day(s) Original Price:
$7,749,000-
Price per sqft:
$921.65 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 240.9Tax Year:
2024-
MLS:
TB8356488 -
Property Type:
Multi Family -
Parking:
DrivewayGolf Cart ParkingCommon GuestGarage Door Opener Ground LevelOff Street OversizedGarage Faces RearBoat -
Furnished Info:
Furnished Pool Features:
In GroundHeated Gunite Lighting Salt Water Lap-
View:
Pool Water Trees/Woods
Elementary School:
Phillippi Shores ElementaryMiddle School:
Brookside MiddleSenior High School:
Sarasota High
Construction Type:
BlockConcreteRoof:
MetalCooling Description:
Central AirHeating Description:
ElectricNatural GasFloor Description:
Carpet TileCeramic TileInterior Features:
Split BedroomElevatorBuilt-in Features Walk-In Closet(s) Vaulted Ceiling(s)Ceiling Fan(s) Eating Space In Kitchen High Ceilings Living Room/Dining Room Combo Stone Counters Thermostat Open Floorplan Window Treatments Solid Surface Counters Solid Wood CabinetsCrown Molding Primary Bedroom Main Floor Kitchen/Family Room Combo Tray Ceiling(s)Exterior Features:
Outdoor ShowerLightingBalcony Sidewalk Sliding Doors Rain GuttersOutdoor Grill Outdoor Kitchen FencedEquipment/Appliances:
DishwasherMicrowaveRefrigeratorDisposalDryerWasherElectric Water HeaterGas Water HeaterCooktop Ice MakerFreezer RangeBuilt-In Oven Wine RefrigeratorConvection Oven Range Hood Exhaust FanBar Fridge Kitchen Reverse Osmosis SystemSpecial Listing Conditions:
NoneLot Features:
Corner Lot
