**Prepare the Baking Sheet**
- Line a baking sheet or tray with parchment paper or a silicone mat. Set aside.
**Cook the Base**
- In a medium saucepan, combine sugar, butter, evaporated milk, and salt.
- Cook over medium heat, stirring constantly, until the mixture reaches a gentle boil.
- Continue to cook, stirring occasionally, for 3–4 minutes or until the mixture thickens slightly.
**Add the Coconut and Pecans**
- Remove the saucepan from the heat. Stir in the shredded coconut, chopped pecans, and vanilla extract until well combined.
**Form the Praline Dreams**
- Using a spoon, drop small mounds of the mixture onto the prepared baking sheet. Work quickly, as the mixture will begin to set as it cools.
**Cool and Set**
- Allow the praline dreams to cool and set at room temperature for about 30 minutes. For faster setting, place the baking sheet in the refrigerator for 15 minutes.
**Serve and Enjoy**
- Once set, transfer the praline dreams to a serving platter and enjoy!