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 enchanting Lido Key, Sarasota, Florida. This charming subdivision is the epitome of coastal living, offering a unique blend of tranquility and convenience. With its picturesque surroundings and a welcoming community atmosphere, Pelican Gardens is the perfect place to call home.

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 often found in other neighborhoods. Whether you envision a lush garden, a vibrant outdoor space, or a unique architectural touch, the possibilities are endless. The absence of stringent regulations allows for a truly personalized living experience, making it an ideal choice for those who value individuality.

Residents of Pelican Gardens enjoy easy access to the stunning beaches of Lido Key, where sun-soaked days and breathtaking sunsets are just moments away. The community is surrounded by lush greenery and is conveniently located near local shops, dining options, and recreational activities, ensuring you have everything you need within reach.

In Pelican Gardens, you’ll find a friendly neighborhood spirit that fosters connections with your neighbors and a sense of belonging. Whether you’re looking for a permanent residence or a vacation retreat, this subdivision offers a unique lifestyle that embraces the best of Florida living. Discover the charm of Pelican Gardens and experience the joy of living in a community that celebrates freedom, nature, and the beauty of coastal life.

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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