Pelican Gardens Homes with No Deed Restriction Community Extras

Pelican Gardens Homes with No Deed Restriction Community Extras

Welcome to Pelican Gardens, a hidden gem nestled in the heart of Lido Key, Florida, where the sun-kissed shores and vibrant community spirit come together to create the perfect coastal lifestyle. This charming subdivision in Sarasota County offers a unique blend of tranquility and convenience, making it an ideal choice for those seeking a serene retreat just moments away from the excitement of island living.

Pelican Gardens is a delightful community that boasts homes with no deed restrictions, allowing homeowners the freedom to truly make their spaces their own. Whether you envision a lush garden oasis, a cozy outdoor entertainment area, or a space for your creative hobbies, the possibilities are endless. This flexibility makes Pelican Gardens particularly appealing to those who value individuality and personal expression in their living environment.

The homes in Pelican Gardens range from quaint beach cottages to more spacious residences, each radiating a warm, welcoming vibe. The community itself is characterized by its friendly neighbors and a strong sense of camaraderie, creating a perfect atmosphere for families and individuals alike. Enjoy leisurely strolls along the picturesque streets, or take a short drive to the stunning beaches that Lido Key is famous for, where sunbathing, swimming, and water sports await.

In addition to its prime location, Pelican Gardens is conveniently situated near local shops, dining, and recreational activities, ensuring that everything you need is just a stone's throw away. Experience the best of Florida living in Pelican Gardens, where your dream home awaits amidst the beauty of Lido Key!

Newest Pelican Gardens Homes with No Deed Restriction Community Extras

$1,300,000
4 Baths Pelican Gardens SubDv. 34236 Zip Code
Rare Income-Producing Portfolio on South Lido Key – 4 Turnkey STR Units A rare opportunity to acquire a fully operating short-term rental portfolio on South Lido Key, one of Sarasota’s most coveted coastal markets. This offering includes 4 updated studio units within a boutique beachside community just steps from two direct beach access points and a short ride to St. Armands Circle. Each unit is managed, actively listed, and consistently booked, delivering proven performance and strong guest demand year-round. These condos have a long track record as successful Airbnb rentals, with 2024 gross income averaging $38,470 per unit and portfolio-wide net income of $85804 after HOA, taxes, utilities, and cleaning expenses. This is a cash-flowing, turnkey asset in a high-barrier-to-entry vacation rental market. The property features a community pool and sliding glass access private patios for each unit, creating the indoor/outdoor lifestyle guests expect on Lido. Interiors have been updated over the years and show pride of ownership throughout. Major mechanical systems are in good condition, with recent A/C and hot water tank replacements across the portfolio for peace of mind. Unit Renovation & Mechanical Summary: • Unit 10 – Updated | AC ~2 yrs | WH < 6 yrs • Unit 11 – Updated | AC ~3 yrs | WH < 3 yrs • Unit 12 – Updated | AC ~2 yrs | WH < 3 yrs Unit 6 - Updated AC is 3 years and WH is 3 years This type of offering is rarely available — a multi-unit STR package on Lido Key with documented income history, repeat traveler base, and proven operational infrastructure already in place. Keep as a turnkey portfolio, self-manage, or explore value-add improvements and dynamic pricing to further enhance returns. 4 units. One unbeatable coastal investment. Opportunities like this do not come around often.

170 Roosevelt Drive Unit 10, Sarasota

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