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Off market
  • $3,438,800

    1244 Derby Ln #A-2, Sarasota, FL 34242

    4beds
    4,043sqft
    SingleFamily
    Built in 2003
    5,475 Square Feet Lot
    $3,438,800 Zestimate®
    $851/sqft
    $7,291 Estimated rent

    Home value

    $3,438,800

    $3.06M - $3.89M

    $7,291/mo

    Zestimate® history
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    What's special

    Built in 2003, this Siesta Key waterfront family compound offers an exceptional lifestyle for the discerning buyer who is searching for effortless luxury, beautiful design, and quality construction - all within an exclusive waterfront enclave of 5 homes. From the moment you enter Derby Lane, you will feel transported by the European-style pavered courtyard beautifully framed by majestic, moss-covered oaks and lush landscaping. This luxurious waterfront home offers amazing views by day of Little Sarasota Bay and the lovely Sarasota skyline by night where every room enjoys panoramic water vistas. The architectural details of this home will delight you with 20' coffered ceilings, solid 8' custom wood doors, custom millwork, artistic wrought iron railings, stone columns and balustrades, tiered outdoor spaces and a gorgeous pool and spa overlooking the waterway. The beautifully crafted entry door gives way to the entertaining space that immediately greets you with views of the ultra-private travertine pool deck area and waterfront beyond. The chef's kitchen is positioned to enjoy a full view of the Bay and is fully equipped with beautiful custom wood cabinetry, stainless steel appliances, stone countertops, built-in Miele coffee maker, electric cooktop (gas is available) and double wall ovens with a convenient food warming drawer. The dining room offers extra-large aquarium windows overlooking the mesmerizing activity along the Bay as the boats pass by and the wildlife plays. Completing the first-floor layout is a private office, powder room, a grand double-height living room with fireplace along with one of the four master suites available in this home. The second floor offers 2 more generous master suites and the third floor offers an amazing mother-in-law suite complete with kitchen, living room with fireplace, master suite, and a covered terrace with water views as far as the eye can see. A private elevator makes every part of this home accessible from your 2.5 car garage to the very top floor. Enjoy the magic of Siesta Key Island life as you fish and boat right from your backyard. Enjoy your deeded beach access by relaxing, shelling and strolling along the crystal white sandy beaches of the world-famous Siesta Key beach. This is a single family home on a land parcel that is organized as a condominium association. The incredibly low fee of $267 per month provides the 5 homeowners with a lovely community pool and maintenance-free landscaping for worry-free enjoyment. Boating, Beach and Beauty are all yours here at this truly unique opportunity to live the coveted Siesta Key lifestyle you've been dreaming of!

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 5
    • Full bathrooms: 4
    • 1/2 bathrooms: 1
    Heating
    • Forced air, Electric, Propane / Butane
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Garbage disposal, Microwave, Refrigerator, Washer
    • Laundry: Inside, Laundry Room, Laundry Closet, Upper Floor
    Features
    • Ceiling Fans(s), High Ceiling(s), Master Bedroom Downstairs, Split Bedroom, Vaulted Ceiling(s), Crown Molding, Walk-In Closet(s), Skylight(s), Window Treatments, Open Floorplan, Solid Wood Cabinets, Eating Space In Kitchen, Kitchen/Family Room Combo, Built in Features, Stone Counters, Tray Ceiling(s), Elevator, Coffered Ceiling(s), Thermostat
    • Flooring: Carpet, Hardwood
    • Windows: Window Treatments, Blinds, Rods, Drapes
    • Has fireplace: Yes
    • Fireplace features: Family Room, Living Room, Wood Burning, Gas
    Interior area
    • Structure area source: Public Records
    • Total interior livable area: 4,043 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage - Attached
    Features
    • Levels: Three Or More
    • Patio & porch: Covered, Deck, Front Porch, Rear Porch
    • Exterior features: Stucco
    • Pool features: Heated, Salt Water, Auto Cleaner, In Ground, Lighting, Pool Alarm, Self Cleaning
    • Has spa: Yes
    • Spa features: Heated, In Ground
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    • Waterfront features: Bay/Harbor
    • Body of water: LITTLE SARASOTA BAY
    Lot
    • Size: 5,475 Square Feet
    • Features: Street Paved, Street Private, Near Public Transit, FloodZone, Sidewalk, Flood Insurance Required, Near Marina
    • Residential vegetation: Mature Landscaping, Trees/Landscaped
    Details
    • Parcel number: 0106039201
    • Zoning: RMF2

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Traditional
    Materials
    • masonry
    • Foundation: Slab
    • Roof: Tile
    Condition
    • Completed
    • Year built: 2003

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public, Well
    • Utilities for property: BB/HS Internet Available, Cable Connected, Electricity Connected, Sprinkler Well, Street Lights, Sewer Connected, Water Available

    Community & HOA

    Community
    • Subdivision: DERBY BAY SOUTH
    HOA
    • Has HOA: Yes
    • Amenities included: Dock, Boat Slip, Pool
    • Services included: Maintenance Grounds, Insurance, Community Pool, Pool Maintenance
    • HOA fee: $266 monthly
    Location
    • Region: Sarasota

    Financial & listing details

    • Price per square foot: $851/sqft
    • Tax assessed value: $2,928,700
    • Annual tax amount: $24,896

    Price history

    DateEventPrice
    12/7/2020Sold$2,125,000-11.1%$526/sqft
    Source: Public Record Report a problem
    9/16/2020Listed for sale$2,390,000$591/sqft
    Source: ICON PREMIUM REALTY LLC #A4470681 Report a problem
    7/20/2020Listing removed$2,390,000$591/sqft
    Source: ICON PREMIUM REALTY LLC #A4470681 Report a problem
    2/7/2020Listed for sale$2,390,000-2.4%$591/sqft
    Source: HORIZON REALTY INTERNATIONAL #A4456034 Report a problem
    1/1/2020Listing removed$2,450,000$606/sqft
    Source: TREND REALTY #A4441271 Report a problem
    11/5/2019Price change$2,450,000-1.6%$606/sqft
    Source: TREND REALTY #A4441271 Report a problem
    9/30/2019Price change$2,490,000-2.4%$616/sqft
    Source: TREND REALTY #A4441271 Report a problem
    9/17/2019Price change$2,550,000-1.5%$631/sqft
    Source: TREND REALTY #A4441271 Report a problem
    5/6/2019Price change$2,590,000-3.7%$641/sqft
    Source: HORIZON REALTY INTERNATIONAL #A4401831 Report a problem
    3/20/2019Price change$2,690,000-3.2%$665/sqft
    Source: HORIZON REALTY INTERNATIONAL #A4401831 Report a problem
    2/4/2019Price change$2,780,000-2.8%$688/sqft
    Source: HORIZON REALTY INTERNATIONAL #A4401831 Report a problem
    4/29/2018Listed for sale$2,860,000+14.9%$707/sqft
    Source: HORIZON REALTY INTERNATIONAL #A4401831 Report a problem
    12/4/2010Listing removed$2,490,000$616/sqft
    Source: NRT Florida #A3922086 Report a problem
    5/15/2010Price change$2,490,000-10.8%$616/sqft
    Source: NRT Florida #A3922086 Report a problem
    3/6/2010Listed for sale$2,790,000$690/sqft
    Source: NRT Florida #A3922086 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$24,896 +3.1%$2,119,929 +2.9%
    2024$24,143 +2.8%$2,060,184 +3%
    2023$23,486 +16.7%$2,000,179 +17.7%
    2022$20,123 -0.8%$1,699,397 +3%
    2021$20,282 +31.5%$1,649,900 +34.6%
    2020$15,428 +1.5%$1,225,900 +1%
    2019$15,197 $1,214,304 +1.9%
    2018$15,197 +1.8%$1,191,662 +2.1%
    2017$14,928 -1.6%$1,167,152 -20.8%
    2016$15,174 $1,473,600 +2.3%
    2015$15,174 +0.3%$1,441,000 +29.9%
    2014$15,125 0%$1,109,547
    2013$15,131 +2.8%$1,109,547 +1.7%
    2012$14,726 +1.7%$1,091,000 0%
    2011$14,480 -14.4%$1,091,200 -12%
    2010$16,923 -20.3%$1,240,000 -20.5%
    2009$21,238 $1,559,000 -6.9%
    2008$21,238 -2%$1,675,000 -0.6%
    2007$21,678 $1,685,505 +2.5%
    2006-- $1,644,395 +3%
    2005-- $1,596,500 +3%
    2004$23,024 +419.7%$1,550,000 +443.9%
    2003$4,430 +9.2%$285,000 +7.2%
    2002$4,057 +24.2%$265,795 +18%
    2001$3,267 $225,250
    Find assessor info on the county website

    Neighborhood: 34242

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Phillippi Shores Elementary
    • Middle: Brookside Middle
    • High: Sarasota High

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $3,438,800
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $3,438,800