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Open house
Friday, Oct 16 · 12:00 PM to 2:00 PM
About this home
1500 Cove II Place #531 is a 1979-built home in Midnight Cove II, Sarasota. Inside you'll find 2 bedrooms, 2 bathrooms, and 860 square feet of living space. Listed at $549,900 (about $639/sqft), 127 days on market. Flood zone X500 - outside the FEMA high-risk areas, which keeps insurance manageable. Condo dues run $1,020 monthly.
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.
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The essentials
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Details
Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.
Price history
Neighborhood
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Sample: 106 closed condo sales in 34242 over the last 8 months, Stellar MLS. A starting point, not a guarantee.
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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. HOA includes any condo dues reported on the listing. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.
Quick answers.
Price
$549,900
$639 per sq ft
Beds and baths
2 beds, 2 baths
Size
860 sq ft
Time on market
127 days
Year built
1979
Monthly payment
About $4,601/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $5,256 annual tax bill, insurance, and $1,020/mo in condo dues.
Condo dues
$1,020/mo
Managed by David Pilkey.
Flood zone
Zone X500
That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.
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