1204 Derby Ln Sarasota, FL 34242
Property details
About 1204 Derby Ln
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 potential, 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.
Highlights
Summary
- MLS Number: TB8356488
- MLS Name: MFRMLS
- Office Name: CHARLES RUTENBERG REALTY INC
- Office Phone: (866) 580-6402
- Listing Agent: Jeff Stuben, PA
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Last updated on: 3/4/2025, 12:20:03 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$7,749,000
1204 Derby Ln
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| May 19, 2022 | Home Sold | $4,600,000 |
| Nov 24, 2015 | Home Sold | $590,000 |
| Nov 14, 2013 | Home Sold | $195,000 |
| Oct 10, 2013 | Home Sold | $65,000 |
| May 25, 2004 | Home Sold | $1,150,000 |
| Aug 20, 2003 | Home Sold | $514,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $4,276,100 | $50,948 |
| 2022 | $3,523,100 | $39,300 |
| 2021 | $2,657,900 | $39,300 |
| 2020 | $2,146,600 | $33,512 |
| 2019 | $1,778,600 | $23,114 |
History based on county public records data.
Nearby schools
8
Phillippi Shores Elementary School
Public Magnet PK-5
1.8 mi
•4747 S Tamiami Trl
7
Gulf Gate Elementary School
Public District PK-5
1.9 mi
•6500 S Lockwood Ridge Rd
5
Wilkinson Elementary School
Public District PK-5
3.1 mi
•3400 Wilkinson Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $64,358. Most Sarasota, FL residents have annual incomes between $35k-100k. The most common type of family is single, no kids. The most common level of education of people living in this area is post secondary degree.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Men's Tennis
PGA/LPGA
Hiking/backpacking
Where do the neighbors shop?
Bloomingdales
Chico's
Stein Mart
Where do the neighbors go to eat?
Bonefish Grill
Chipotle
California Pizza Kitchen
What do the neighbors drive?
Lexus
Cadillac
Lincoln
What do the neighbors listen to?
News
Classical
Rock
This home is located at 1204 Derby Ln in Sarasota, FL and zip code 34242 in the Siesta Key neighborhood. This 7,052 square foot home, which was built in 2017, sits on a 0.25 acre lot. Features: 10 bedrooms, 10 bathrooms. It has been listed on Rocket Homes since March 3, 2025 and is currently priced at $7,749,000.
Over 17 listings were sold over their listed price in February 2025 in Sarasota, FL. In the same period over 258 listings were sold below the listed price and 62 listings were sold for the listed price. The number of homes for sale in Sarasota, FL increased by 10.1% between January and February 2025. In February 2025 median list price was $510,555 and the average listing age was 72 days.