Excellent investment opportunity with current bookings already in place! This open and bright top floor 2 bedroom and 1.5 bath condo is being offered turn-key furnished and ready to go for 2024. Midnight Cove II is located in the heart of Siesta Key in beautiful sunny Florida and allows for pets and short term weekly rentals. This is the optimal community for owners that would like to maximize their rental return on investment or to use themselves and cover costs with rentals when not in use. Either way, this property offers something for you and all your family members. Some of the amenities include tennis courts, pickle-ball, fishing and boat docks, kayak launch and storage, lush landscaping, walking paths, and so much more. The resort-style heated pool gives you options on how you can enjoy the Florida sunshine. Want to see some nature up close and personal? Explore the ICW on your own kayak or spend the day walking the quartz white sand of Siesta Key Beach with convenient shared private beach access. This beautifully decorated condo has been excellently maintained and updated with stainless steel appliances, quartz countertops, a private washer and dryer, a full complement of dishes, linens, and everything needed to entertain you and your guests. Leave your car in your assigned covered parking spot and take the Siesta Key trolley that picks up multiple times per hour right in front of the community. On-site property management with a very active rental program is an option or manage the property yourself. This property is ready for a new owner to love it as much as the current owners. Don't wait, make an appointment to view your very own piece of paradise!
Sold for $630,000
$630,000
1500 COVE II PLACE #532, SARASOTA, FL 34242
2beds
860sqft
Condominium
Built in 1979
-- sqft lot
$542,700 Zestimate®
$733/sqft
$4,358 Estimated rent
Home value
$542,700
$494,000 - $592,000
$4,358/mo
Zestimate® history
Owner options
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$4,358/mo
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$4,358/mo
Rent Zestimate®
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$4,811/mo
Est. payment
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$4,811/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Jason Wood 941-993-6565,
CORCORAN DWELLINGS REALTY 941-200-4663
Bought with:
Jason Wood, 3324885
CORCORAN DWELLINGS REALTY
Source: Stellar MLS,MLS#: A4579600
Originating MLS: Sarasota - Manatee
Originating MLS: Sarasota - Manatee
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Primary bedroom
- Features: Built-in Closet
- Level: First
- Dimensions: 12x10
Bedroom 2
- Features: Built-in Closet
- Level: First
- Dimensions: 11x10
Bathroom 1
- Features: Exhaust Fan
- Level: First
- Dimensions: 5x9
Bathroom 2
- Level: First
- Dimensions: 5x5
Balcony porch lanai
- Level: First
- Dimensions: 19x9
Kitchen
- Features: Pantry
- Level: First
- Dimensions: 9x7
Living room
- Level: First
- Dimensions: 19x14
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Refrigerator, Washer
Features
- Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, Solid Wood Cabinets, Stone Counters, Thermostat
- Flooring: Ceramic Tile
- Doors: Outdoor Grill, Outdoor Shower, Sliding Doors
- Windows: Window Treatments
- Has fireplace: No
Interior area
- Total structure area: 1,010
- Total interior livable area: 860 sqft
Property
Parking
- Total spaces: 1
- Parking features: Assigned, Ground Level, Guest
- Carport spaces: 1
Features
- Levels: One
- Stories: 1
- Patio & porch: Patio
- Exterior features: Balcony, Irrigation System, Lighting, Outdoor Grill, Outdoor Shower, Private Mailbox, Rain Gutters, Sidewalk, Tennis Court(s), Boat Slip
- Has view: Yes
- View description: Garden, Pool, Trees/Woods, Water, Canal, Intracoastal Waterway
- Has water view: Yes
- Water view: Water,Canal,Intracoastal Waterway
- Waterfront features: Waterfront, Intracoastal Waterway, Intracoastal Waterway Access, Fishing Pier, Minimum Wake Zone, Riprap
Lot
- Features: Landscaped, Level, Near Marina, Sidewalk
- Residential vegetation: Mature Landscaping, Oak Trees, Trees/Landscaped
Details
- Additional structures: Tennis Court(s)
- Parcel number: 0108016074
- Zoning: RMF3
- Special conditions: None
Construction
Type & style
- Home type: Condo
- Architectural style: Florida
- Property subtype: Condominium
Materials
- Stucco
- Foundation: Slab
- Roof: Shingle
Condition
- Completed
- New construction: No
- Year built: 1979
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected, Electricity Connected, Fire Hydrant, Public, Sewer Connected, Sprinkler Recycled, Street Lights, Underground Utilities, Water Connected
Community & HOA
Community
- Features: Fishing, Water Access, Waterfront, Buyer Approval Required, Clubhouse, Community Mailbox, Golf Carts OK, Irrigation-Reclaimed Water, Pool, Sidewalks
- Pet fee: $0 monthly
- Subdivision: MIDNIGHT COVE II
HOA
- Has HOA: Yes
- Services included: Cable TV, Common Area Taxes, Community Pool, Reserve Fund, Insurance, Maintenance Structure, Maintenance Grounds, Manager, Pool Maintenance, Private Road, Sewer, Trash, Water
- HOA fee: $748 monthly
- HOA name: Michelle Lentini
- HOA phone: 941-237-7277
Location
- Region: Sarasota
Financial & listing details
- Price per square foot: $733/sqft
- Tax assessed value: $466,400
- Annual tax amount: $4,843
- Date on market: 8/14/2023
- Cumulative days on market: 42 days
- Listing terms: Cash,Conventional
- Ownership: Fee Simple
- Total actual rent: 0
- Electric utility on property: Yes
- Road surface type: Brick
Price history
| Date | Event | Price |
|---|---|---|
| 10/27/2023 | Sold | $630,000-2.9%$733/sqft |
Source:  Stellar MLS #A4579600 Report a problem | ||
| 9/26/2023 | Pending sale | $649,000$755/sqft |
Source: Stellar MLS #A4579600 Report a problem | ||
| 9/15/2023 | Price change | $649,000-2.4%$755/sqft |
Source: Stellar MLS #A4579600 Report a problem | ||
| 8/14/2023 | Listed for sale | $664,900+61.4%$773/sqft |
Source: Stellar MLS #A4579600 Report a problem | ||
| 2/22/2018 | Sold | $412,000-4%$479/sqft |
Source: Public Record Report a problem | ||
| 1/13/2018 | Listed for sale | $429,000$499/sqft |
Source: EXCEPTIONS REALTY #A4201033 Report a problem | ||
| 1/13/2018 | Pending sale | $429,000$499/sqft |
Source: EXCEPTIONS REALTY #A4201033 Report a problem | ||
| 11/8/2017 | Listed for sale | $429,000+108.3%$499/sqft |
Source: EXCEPTIONS REALTY #A4201033 Report a problem | ||
| 3/21/2013 | Sold | $206,000-6.3%$240/sqft |
Source: Public Record Report a problem | ||
| 1/10/2013 | Price change | $219,900-6.4%$256/sqft |
Source: CAPITAL REAL ESTATE ENTERPRISE #A3964171 Report a problem | ||
| 10/25/2012 | Price change | $234,900-4.1%$273/sqft |
Source: CAPITAL REAL ESTATE ENTERPRISE #A3964171 Report a problem | ||
| 9/12/2012 | Price change | $244,900-5.8%$285/sqft |
Source: CAPITAL REAL ESTATE ENTERPRISE #A3964171 Report a problem | ||
| 8/8/2012 | Listed for sale | $259,900-30.5%$302/sqft |
Source: CAPITAL REAL ESTATE ENTERPRISE #A3964171 Report a problem | ||
| 5/9/2011 | Listing removed | $373,700$435/sqft |
Source: MCKENNA & ASSOCIATES INC #A388805 Report a problem | ||
| 2/16/2011 | Listed for sale | $373,700-27.3%$435/sqft |
Source: MCKENNA & ASSOCIATES INC #A388805 Report a problem | ||
| 6/21/2005 | Sold | $513,700+254.3%$597/sqft |
Source: Public Record Report a problem | ||
| 5/15/1998 | Sold | $145,000$169/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,846 -1.7% | $466,400 -2.1% |
| 2024 | $5,945 +9% | $476,300 +25.5% |
| 2023 | $5,455 +12.6% | $379,577 +10% |
| 2022 | $4,843 +15.3% | $345,070 +10% |
| 2021 | $4,200 +2.8% | $313,700 +5% |
| 2020 | $4,086 -1.5% | $298,700 -2.7% |
| 2019 | $4,147 | $307,100 -1.8% |
| 2018 | $4,147 +0.8% | $312,700 +16.1% |
| 2017 | $4,113 +25.6% | $269,346 -6.2% |
| 2016 | $3,274 | $287,000 +28.9% |
| 2015 | $3,274 -14.7% | $222,600 -4.7% |
| 2014 | $3,840 +10.2% | $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
Neighborhood: 34242
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Nearby schools
GreatSchools rating
- 9/10Phillippi Shores Elementary SchoolGrades: PK-5Distance: 2.1 mi
- 6/10Brookside Middle SchoolGrades: 6-8Distance: 3.2 mi
- 5/10Sarasota High SchoolGrades: 9-12Distance: 4.8 mi
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Estimated market value
$542,700
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$542,700
- Florida
- Sarasota County
- Siesta Key
- 34242
- 1500 COVE II PLACE Unit 532
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