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, Sarasota, Florida! This charming subdivision offers a unique blend of coastal living and community spirit, making it an ideal place for families, retirees, and anyone looking to embrace the laid-back Florida lifestyle.

Pelican Gardens is renowned for its inviting atmosphere, featuring homes with no deed restrictions, allowing residents the freedom to customize their properties without the constraints often found in traditional neighborhoods. This flexibility makes it perfect for those who want to express their individuality, whether through landscaping, renovations, or personal touches that truly make a house a home.

The community is surrounded by lush greenery and is just a stone's throw away from the stunning beaches of Lido Key, where you can bask in the sun, enjoy water sports, or take leisurely strolls along the shoreline. The vibrant local culture is reflected in the nearby shops, restaurants, and entertainment options, ensuring that there is always something to do.

Pelican Gardens also boasts a close-knit community feel, where neighbors become friends, and gatherings are frequent. The subdivision is perfect for those who cherish a sense of belonging while still enjoying the privacy of their own space.

Whether you’re seeking a vacation home or a permanent residence, Pelican Gardens offers a unique opportunity to live in a picturesque setting with the freedom to create your own oasis. Discover the charm of Pelican Gardens today, and let your dream home become a reality in this delightful Florida community!

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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