Pelican Gardens Homes with No Deed Restriction Community Extras

Pelican Gardens Homes with No Deed Restriction Community Extras

Welcome to Pelican Gardens, an enchanting subdivision nestled in the heart of Lido Key, Florida, within the picturesque Sarasota County. This delightful community offers a unique blend of coastal charm and modern living, making it an ideal haven for families, retirees, and anyone looking to embrace the laid-back Florida lifestyle.

One of the standout features of Pelican Gardens is its homes, which are part of a No Deed Restriction community. This means you have the freedom to personalize your property without the constraints of strict regulations. Whether you envision a vibrant garden, a classic coastal aesthetic, or a modern retreat, the possibilities are endless. Residents enjoy the flexibility to create their dream homes while still being part of a cohesive and welcoming neighborhood.

Pelican Gardens is not just about the homes; it’s about the lifestyle. The community is conveniently located just minutes from the stunning beaches of Lido Key, where you can soak up the sun, enjoy water sports, or take leisurely strolls along the shore. Additionally, the vibrant local culture is just around the corner, with charming boutiques, delicious dining options, and lively entertainment venues.

With its serene atmosphere, friendly neighbors, and the allure of the nearby Gulf Coast, Pelican Gardens is more than just a place to live—it’s a lifestyle waiting to be embraced. Discover your slice of paradise in this captivating community, where your dream home and endless possibilities await!

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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