9022 MIDNIGHT PASS ROAD, Sarasota, FL 34242

• 6,110 sqft

Property Description

Under contract-accepting backup offers. An exceptionally rare opportunity to acquire a fully renovated, income-producing, nine-unit, waterfront condominium 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 supply-constrained coastal markets. Property Highlights: • Nine (9) condominium units sold as a package • Just under 0.50-acre waterfront site • Direct Sarasota Bay to Gulf of Mexico access – no bridges • Four private docks with eight slips (up to ~40’+ vessels) • Heated in-ground swimming pool • Large central parking lot for tenants and guests • Shared laundry and owner storage facilities • Predominantly 2BR units with select 1BR and studio layouts Renovations & Interior Upgrades: All units have recently completed extensive 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 pay laundry appliances with 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.

Listing Status:

Pending

Date Added:

March 24, 2026

Data Last Updated:

April 5, 2026 at 10:24PM

Listing Office:

DREAMIFY REAL ESTATE LLC : 941-827-0700

Listing Agent:

Michael Grant : 941-800-8585

MLS ID:

A4687297

Interior

• Appliances: DishwasherDryerMicrowaveRefrigeratorWasher
• Flooring: Ceramic TileLuxury Vinyl
• A/C: Central Air
• Heating: CentralElectric

Exterior

• Parking: CommonDeededGround LevelLightedShared Parking

Construction

• Roofing: Shingle
• Windows: Aluminum FramesBlindsDrapesRodsStorm Window(s)Window Treatments
• General: Vinyl SidingFrameWood SidingSlab

Location

• Road/Access: County Road
• Originating MLS: Stellar MLS
• County: Sarasota

Lot

• Zoning: RMF3/SKODUNIT 111 CORAL SHORESUNIT 112 CORAL SHORESUNIT 213 CORAL SHORESUNIT 224 CORAL SHORESUNIT 315 CORAL SHORESUNIT 317 CORAL SHORESUNIT 326 CORAL SHORESUNIT 328 CORAL SHORES0000007625

Utilities

• Utilities: BB/HS Internet CapableElectricity AvailableNatural Gas AvailablePhone AvailablePublicWater Connected100 Amp Service200+ Amp ServiceService - 110 Volts220 VoltsSeparate Meters
• Water: Public
• Sewer: Public Sewer

Financial

• Source: Stellar MLS
• Ownership: Condominium