9022 MIDNIGHT PASS ROAD

Commercial For Sale

$5,995,000

BTC: 77.55498060

ETH: 2,447.93793385

-$505K (2026/08/03)

161 days

Waterfront

For Sale

Commercial

0 room(s) •

6,110 sqft

Overview

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.

Location

Florida • SARASOTA • 34242 • Commercial • For Sale • Waterfront

Details

Type:

Commercial Sale

Parking:

Common / Deeded / Ground Level / Lighted / Shared Parking

Year Built:

1981

Lot:

0.44 Acres

Heating:

Central / Electric

Price/sqft:

$981

Cooling:

Central Air

HOA:

No Data

Type:

Commercial Sale

Parking:

Common / Deeded / Ground Level / Lighted / Shared Parking

Year Built:

1981

Lot:

0.44 Acres

Heating:

Central / Electric

Price/sqft:

$981

Cooling:

Central Air

HOA:

No Data

Private inquiry

Talk to the advisor on this listing.

Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

Highlights

Annual tax

$35,201

2025

Waterfront

Waterfront, Bay/Harbor

Pets

Allowed

All facts and features

Flooring

• Ceramic Tile

• Luxury Vinyl

Heating

• Central

• Electric

Cooling

• Central Air

Appliances

• Dishwasher

• Dryer

• Microwave

• Refrigerator

• Washer
Parking

• Common

• Deeded

• Ground Level

• Lighted

• Shared Parking

Lot

• Lot: 0.44 Acres

Other Property Information

• Parcel Number: 0000007625

• Zoning: RMF3/SKOD
Type and style

• Property Type: Commercial Sale

• Property Sub Type: Multi Family (5+)
Utility

• BB/HS Internet Capable

• Electricity Available

• Natural Gas Available

• Phone Available

• Public

• Water Connected
Other financial information

• Annual tax amount: $35,201
Source details

• MLS ID: A4687297

Other facts

• Construction Materials: Vinyl Siding / Wood Frame / Wood Siding

• Foundation Details: Slab

• Lot Features: FloodZone / Near Public Transit / Sidewalk / Street Lights / Waterfront

• Window Features: Aluminum Frames / Blinds / Drapes / Rods / Storm Window(s) / Window Treatments

• Waterfront: Yes

• Living Area: 6110

• Water Source: Public

• Lot Size Dimensions: 105 x 205 x 100 x 182

• Subdivision Name: CORAL SHORES

Private inquiry

Talk to the advisor on this listing.

Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is 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. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: DREAMIFY REAL ESTATE LLC

9022 MIDNIGHT PASS ROAD

Overview

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Details

Highlights

Interior details

Property details

Construction details

Utilities / Green Energy Details

HOA and Financial Details

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