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. This charming subdivision offers a unique blend of coastal living and serene surroundings, making it the perfect retreat for those seeking a slice of paradise. Situated in Sarasota County, Pelican Gardens boasts an enviable location just moments away from the sparkling shores of the Gulf of Mexico, providing residents with easy access to sun-soaked beaches and breathtaking sunsets.

One of the most appealing aspects of Pelican Gardens is its community ethos. With no deed restrictions, homeowners enjoy the freedom to personalize their properties, allowing for a delightful mix of architectural styles and vibrant landscaping. This flexibility fosters a warm, welcoming atmosphere where neighbors become friends, and creativity flourishes. Whether you’re looking to create a tranquil garden oasis or a lively outdoor entertainment space, Pelican Gardens is a canvas for your imagination.

The homes in Pelican Gardens are as diverse as its residents, offering a range of options to suit various lifestyles and budgets. From cozy beach cottages to spacious family homes, each property reflects the unique character and charm of the area. The community is also conveniently located near local shops, restaurants, and recreational activities, ensuring that everything you need is just a short drive away.

Experience the best of Lido Key living at Pelican Gardens, where the beauty of Florida’s coastline meets the warmth of a close-knit community. Come discover your dream home in this idyllic paradise!

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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