Listed by DREAMIFY REAL ESTATE LLC

An exceptionally rare opportunity to acquire an assemblage of fully renovated, income-producing, nine-unit, waterfront condominiums as an entire complex located adjacent to Turtle Beach on world-renowned Siesta Key. Coral Shores offers immediate short-term rental income opportunity, paired with long-term redevelopment and appreciation potential, in one of Florida's most desirable and supply-constrained coastal markets. Property Highlights: o Nine (9) condominium unit assemblage, sold as a package o Just under 0.50-acre waterfront site o Direct Sarasota Bay to Gulf of Mexico access - no bridges o Four private docks with eight slips (up to ~40'+ vessels) o Heated in-ground swimming pool o Large central parking lot for tenants and guests o New shared coin laundry, ice machine and owner storage facilities o Predominantly 2BR units with select 1BR and studio layouts Renovations & Interior Upgrades: Units have recently completed renovations featuring modern coastal interiors, updated kitchens with new appliances, stone countertops and new cabinetry, glass-enclosed contemporary bathrooms, new flooring, trim, windows, and select in-unit laundry, new common coin laundry appliances with ice machine and unit storage closets, new raised HVAC units, new pool pump equipment, and more. The property is fully turnkey for continued short-term rental use. Income & Zoning Upside: Currently operating as weekly short-term rentals with strong seasonal occupancy. Zoned for low-rise condominiums (2-3 stories), with surrounding properties zoned mid-rise (4-6 stories), providing future redevelopment or density expansion potential subject to approvals. More detail is available with executed NDA.
Listed by DREAMIFY REAL ESTATE LLC

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Listings courtesy of StellarMLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of August 18, 2026 8:02 AM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end user license agreement.

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