Active

$6,499,500

Features:
  • 10 Bedrooms
  • 10 Bathrooms
  • 7052 sq ft
Overview
  • ID: MFRTB8395700
  • Bedrooms: 10
  • Bathrooms: 10
  • Size: 7052 sq ft
Property Details
Remarks
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!
Financial Considerations
Price:
$6,499,500
HOA Fee:
N/A
Tax Amount:
$51419.63
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 240.9
Exterior Features
Lot Size:
10911
Lot Features:
Corner Lot
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Metal
Pool:
Yes
Pool Features:
Gunite, Heated, In Ground, Lap, Lighting, Salt Water
Interior Features
Bedrooms:
10
Bathrooms:
10
Heating:
Central
Cooling:
Central Air
Appliances:
Bar Fridge, Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Ice Maker, Kitchen Reverse Osmosis System, Microwave, Range, Range Hood, Refrigerator, Washer, Wine Refrigerator
Furnished:
Yes
Floor:
Carpet, Ceramic Tile
Levels:
Three Or More
Additional Features
Property Sub Type:
Single Family Residence
Style:
N/A
Year Built:
2017
Construction Type:
Block, Concrete
Garage Spaces:
Yes
Covered Spaces:
N/A
Direction Faces:
North
Pets Allowed:
Yes
Special Condition:
None
Additional Features:
Balcony, Lighting, Outdoor Grill, Outdoor Kitchen, Outdoor Shower, Rain Gutters, Sidewalk, Sliding Doors
Additional Features 2:
Short term rentals allowed. No restrictions
Map
  • Address
    1204 DERBY LN
Contact a Professional
Why Choose Us?
  • Communication and Transparency
  • Skilled Negotiation
  • Robust Professional Network
  • After-Sale Support
Featured Properties

Related Properties

avt
Daniel Dourado
$ 255,000
avt
Daniel Dourado
$ 509,000
avt
Daniel Dourado
$ 465,999
avt
Daniel Dourado
$ 1,400,000
avt
Daniel Dourado
$ 1,299,900
avt
Daniel Dourado
$ 359,900
avt
Daniel Dourado
$ 425,000
avt
Daniel Dourado
$ 309,990
avt
Daniel Dourado
$ 440,000