9022 MIDNIGHT PASS ROAD, SARASOTA, FL 34242

Description of 9022 MIDNIGHT PASS ROAD, SARASOTA, FL 34242

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: • Nine (9) condominium unit assemblage, 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 • New shared coin laundry, ice machine and owner storage facilities • 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.

Property Details for 9022 MIDNIGHT PASS ROAD, SARASOTA, FL 34242

Appliances

Dishwasher, Dryer, Microwave, Refrigerator, Washer

Flooring

Ceramic Tile, Luxury Vinyl

Heating

Central, Electric

Cooling

Central Air

Parking Features

Common, Deeded, Ground Level, Lighted, Shared Parking

Property Condition

Completed

Building Information for 9022 MIDNIGHT PASS ROAD, SARASOTA, FL 34242

Building Area Total

7494

Building Area Units

Square Feet

Pets Allowed

Yes - See Condo Docs

Security Features

Closed Circuit Camera(s)

Property Information for 9022 MIDNIGHT PASS ROAD, SARASOTA, FL 34242

Lot Features

FloodZone, Near Public Transit, Sidewalk, Street Lights, Waterfront

Lot Size Square Feet

19,231

Waterfront

Yes

Waterfront Features

Waterfront, Bay/Harbor, Bayou, Gulf/Ocean to Bay, Lagoon

View

No

Construction Materials

Vinyl Siding, Wood Frame, Wood Siding

Roof

Shingle

Sewer

Public Sewer

Water Source

Public

New Construction

No

Public Records for 9022 MIDNIGHT PASS ROAD, SARASOTA, FL 34242

Parcel Number

0000007625

Tax Annual Amount

$35,201

Tax Year

2025

Tax Legal Description

UNIT 111 CORAL SHORES,UNIT 112 CORAL SHORES,UNIT 213 CORAL SHORES,UNIT 224 CORAL SHORES,UNIT 315 CORAL SHORES,UNIT 317 CORAL SHORES,UNIT 326 CORAL SHORES,UNIT 328 CORAL SHORES

Zoning

RMF3/SKOD

County Or Parish

Sarasota

Payment Calculator

Location