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For sale
  • $549,900

    1500 COVE II PLACE #531, SARASOTA, FL 34242

    2beds
    860sqft
    : 
    $4,553/mo
    Get pre-qualified
    Condominium
    Built in 1979
    -- sqft lot
    $518,100 Zestimate®
    $639/sqft
    $1,020/mo HOA

    What's special

    Experience the ultimate Siesta Key lifestyle in this turnkey-furnished condominium at Midnight Cove II, ideally situated on beautiful Crescent Beach. Enjoy stunning water and pool views from your private balcony while taking advantage of the community's highly sought after weekly rental program, making this an exceptional investment opportunity, vacation retreat, or personal getaway. The open floor plan creates a bright and inviting living space perfect for relaxing or entertaining. Residents and guests enjoy deeded access to the powdery crystal sands of world famous Siesta Beach, along with resort style amenities including a heated pool, tennis courts, pickleball, fitness center, barbecue area, boat docks, on-site management, and beautifully maintained grounds. Leave the car behind and hop on the trolley to Siesta Key Village or enjoy a short walk to South Village's restaurants, shops, and entertainment. Conveniently located near Sarasota and St. Armands Circle, this property offers the perfect blend of island living and mainland convenience. Whether you're looking for a beachfront escape or a proven income producing property, this is your opportunity to own a piece of paradise on Crescent Beach.
    61 days
    |
    233
    |
    9
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Kimberly Eudy 941-882-2666,

    RE/MAX PALM REALTY OF VENICE 941-451-2025

    Source: Stellar MLS,MLS#: N6144663MLS LogoOriginating MLS: Venice

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 1
      • 1/2 bathrooms: 1
      Primary bedroom
      • Features: Built-in Closet
      • Level: First
      • Area: 136.5 Square Feet
      • Dimensions: 13x10.5
      Bedroom 2
      • Features: Built-in Closet
      • Level: First
      • Area: 95 Square Feet
      • Dimensions: 9.5x10
      Balcony porch lanai
      • Level: First
      • Area: 304 Square Feet
      • Dimensions: 19x16
      Kitchen
      • Level: First
      • Area: 56 Square Feet
      • Dimensions: 8x7
      Living room
      • Level: First
      • Area: 266 Square Feet
      • Dimensions: 14x19
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Refrigerator
      • Laundry: None
      Features
      • Open Floorplan
      • Flooring: Carpet, Ceramic Tile
      • Has fireplace: No
      Interior area
      • Total structure area: 860
      • Total interior livable area: 860 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 1
      • Parking features: Carport
      • Carport spaces: 1
      Features
      • Levels: One
      • Stories: 1
      • Exterior features: Balcony
      • Has view: Yes
      • View description: Canal
      • Has water view: Yes
      • Water view: Canal
      • Waterfront features: Fishing Pier
      Details
      • Parcel number: 0108016073
      • Zoning: RMF3
      • Special conditions: None

      Construction

      Type & style
      • Home type: Condo
      • Property subtype: Condominium
      Materials
      • Block, Stucco
      • Foundation: Slab
      • Roof: Shingle
      Condition
      • New construction: No
      • Year built: 1979

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Private
      • Utilities for property: BB/HS Internet Available, Cable Connected, Electricity Connected, Public

      Community & HOA

      Community
      • Features: Fishing, Buyer Approval Required, Deed Restrictions, Fitness Center, Pool, Tennis Court(s)
      • Pet fee: $0 monthly
      • Subdivision: MIDNIGHT COVE II
      HOA
      • Has HOA: No
      • Services included: Cable TV, Community Pool, Reserve Fund, Fidelity Bond, Insurance, Internet, Maintenance Structure, Maintenance Grounds, Maintenance Repairs, Manager, Pest Control, Pool Maintenance, Sewer, Trash, Water
      • HOA fee: $1,020 monthly
      • HOA name: David Pilkey
      • HOA phone: 941-349-1163
      Location
      • Region: Sarasota

      Financial & listing details

      • Price per square foot: $639/sqft
      • Tax assessed value: $415,100
      • Annual tax amount: $5,256
      • Date on market: 6/13/2026
      • Cumulative days on market: 58 days
      • Listing terms: Cash,Conventional
      • Ownership: Fee Simple
      • Total actual rent: 0
      • Electric utility on property: Yes
      • Road surface type: Paved

        Estimated market value

        $518,100

        $492,000 - $544,000

        $4,358/mo

        Price history

        DateEventPrice
        6/13/2026Listed for sale$549,900+45.1%$639/sqft
        Source: Stellar MLS #N6144663 Report a problem
        10/31/2018Sold$379,000-5.2%$441/sqft
        Source: Public Record Report a problem
        6/25/2018Listed for sale$399,999$465/sqft
        Source: EXCEPTIONS REALTY #A4406832 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$5,256 +1.2%$415,100 +3.4%
        2024$5,193 -1.7%$401,430 +10%
        2023$5,282 +13%$364,936 +10%
        2022$4,675 +15.3%$331,760 +10%
        2021$4,053 +3.1%$301,600 +5.3%
        2020$3,932 -1%$286,400 -2.3%
        2019$3,973 $293,100 +7.8%
        2018$3,973 +7.6%$271,800 +1.6%
        2017$3,693 +10.2%$267,500 +7.5%
        2016$3,352 $248,900 +8.9%
        2015$3,352 -11.8%$228,500 -2.1%
        2014$3,801 +9.1%$233,500
        2013$3,483 +5.8%$233,500 +5.3%
        2012$3,292 -1.6%$221,700 -3.5%
        2011$3,345 -12.5%$229,700 -11.1%
        2010$3,825 -11.2%$258,300 -11.4%
        2009$4,307 $291,400 -7.9%
        2008$4,307 -21.6%$316,400 -22.5%
        2007$5,496 $408,200 +0.2%
        2006-- $407,500 +25.4%
        2005-- $324,962 +28.8%
        2004$4,015 -1.2%$252,348 +2%
        2003$4,063 +7.2%$247,400 +7.1%
        2002$3,792 +25.5%$231,000 +23%
        2001$3,021 +37.9%$187,790 +45%
        2000$2,191 $129,510
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 34242

        Getting around

        48 / 100
        Car-Dependent
        18 / 100
        Minimal Transit
        65 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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