ADDRESS
1540 Main St
Sarasota, FL 34236
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$6,499,500
151 Days On Site
1204 DERBY LANESARASOTA, FL 34242
For Sale|Duplex|Active
10
Beds
10
Total Baths
7,052
SqFt
$922
/SqFt
2017
Built
Subdivision:
GULF VIEW ON LITTLE SARASOTA BAY
County:
Sarasota
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Monthly Payment (Est.)
$29,653Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2025 Information is deemed reliable but not guaranteed.
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!
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Listing Snapshot
Price
$6,499,500
Days On Site
151 Days
Bedrooms
10
Inside Area (SqFt)
7,052 sqft
Total Baths
10
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.25 Acres
Year Built
2017
MLS® Number
TB8356488
Status
Active
Property Tax
$51,419.63
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Public Records
Friends & Family
Recent Activity
| 3 weeks ago | Listing updated with changes from the MLS® | |
| 2 months ago | Price changed to $6,499,500 | |
| 5 months ago | Listing first seen on site |
General Features
Acres
0.25
Attached Garage
Yes
Foundation
BlockSlab
Garage
Yes
Garage Spaces
4
Parking
BoatCommonDrivewayGarage Door OpenerGarage Faces RearGuestOff StreetOversizedAttached
Property Sub Type
Duplex
Security
Closed Circuit Camera(s)Fire Sprinkler SystemKey Card EntrySecured Garage/ParkingSecurity LightsSmoke Detector(s)
Sewer
Public Sewer
SqFt Total
9837
Stories
Three Or More
Utilities
Natural Gas AvailableElectricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected
Water Source
Public
Zoning
RMF2
Interior Features
Appliances
Bar FridgeConvection OvenCooktopDishwasherDisposalDryerElectric Water HeaterExhaust FanFreezerGas Water HeaterIce MakerMicrowaveRangeRange HoodRefrigeratorWasherWine Refrigerator
Cooling
Central Air
Flooring
CarpetCeramic TileTile
Furnished
Furnished
Heating
ElectricNatural Gas
Interior
Built-in FeaturesCrown MoldingEat-in KitchenElevatorHigh CeilingsOpen FloorplanStone CountersTray Ceiling(s)Vaulted Ceiling(s)Walk-In Closet(s)
Laundry Features
InsideLaundry Room
Window Features
Window CoveringsBlindsDouble Pane WindowsENERGY STAR Qualified WindowsStorm Window(s)Window Treatments
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Exterior Features
Construction Details
BlockConcrete
Exterior
BalconyLightingOutdoor GrillOutdoor KitchenOutdoor ShowerRain Gutters
Lot Features
Corner Lot
Patio And Porch
CoveredFront PorchPatio
Pool Features
GuniteHeatedIn GroundLapSalt WaterPrivate
Private Pool
Yes
Roof
Metal
View
BeachWaterPoolTrees/Woods
Waterfront Features
Beach Access
Waterview
BeachWaterPoolTrees/Woods
Windows/Doors
Window CoveringsBlindsDouble Pane WindowsENERGY STAR Qualified WindowsStorm Window(s)Window Treatments
Community Features
Accessibility Features
Accessible EntranceAccessible Approach with RampAccessible Doors
Community Features
Street Lights
Financing Terms Available
CashConventionalPrivate Financing AvailableSpecial Funding
MLS Area
34242 - Sarasota/Crescent Beach/Siesta Key
Roads
Paved
Township
37S
Schools
School District
Unknown
Elementary School
Phillippi Shores Elementary
Middle School
Brookside Middle
High School
Sarasota High
Listing courtesy of CHARLES RUTENBERG REALTY INC 8137876243
Listing information is provided by Participants of the Stellar MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Properties displayed may be listed or sold by various participants in the MLS Copyright 2025, Stellar MLS.
Last checked: 2025-08-02 10:31 AM EDT
Listing information is provided by Participants of the Stellar MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Properties displayed may be listed or sold by various participants in the MLS Copyright 2025, Stellar MLS.
Last checked: 2025-08-02 10:31 AM EDT
Neighborhood & Commute
Source: Walkscore
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