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1500 COVE II PLACE UNIT 524

Condo/Co-op Active With Contract
$849,900

BTC: 13.27968750

ETH: 486.76975945

+$20K (2026/01/06)
142 days
3 bds
2 ba
1,720 sqft

Overview

Under contract-accepting backup offers. RARE OPPORTUNITY TO OWN A 3 BEDROOM ON SIESTA KEY! With Deeded beach access and one-week rentals! Maximize your investment while enjoying this fantastic 2 level townhouse in Midnight Cove II. Enjoy the views from your screened lanai or open air balcony on the second level. This unit offers space! Great sized living and dining areas, nice large, bright kitchen with updated appliances, powder room on the main level plus 2 more full baths upstairs. In unit laundry, deeded covered parking and offering a great rental history! Ideally located for quick deeded access to Crescent Beach just across the street! Midnight Cove II is a highly desirable community offering a marina with slips available and direct access to the intracoastal. Other amenities include tennis, pickleball, basketball court, fitness center and large heated pool. In addition, there is a grill and picnic area, car wash, pet walk, canoe storage and more! The property features beautiful mature landscaping with frontage on the intracoastal with paths and seating throughout the property. Midnight Cove II offers fully funded reserves, onsite rentals and management, and a rental friendly environment to maximize your income. Milestone Report is complete. Roof was replaced in fall of 2025 as well. Offered turnkey furnished with a small list of exceptions. Great opportunity - don't miss it!

Location

Florida • SARASOTA • 34242 • Condo/Co-op • Active With Contract

Details

Type:
Residential
Parking:
No Data
Year Built:
1979
Lot:
11.58 Acres
Heating:
Central / Electric
Price/sqft:
$494
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$679,000
$634K – $965K
Confidence Low
List vs. estimate
$170K above estimate
List $849,900 · +25.2%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$494
+24.4% vs. city median $397
Based on
5 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$8,268
2025
Pool
Heated
View
Garden, Pool
Furnished
Turnkey
Pets
Allowed
All facts and features

  • Flooring

    • Carpet

    • Tile

    Heating

    • Central

    • Electric

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Disposal

    • Dryer

    • Electric Water Heater

    • Microwave

    • Range

    • Refrigerator

    • Washer

    Other interior features

    • Ceiling Fan(s)

    • PrimaryBedroom Upstairs

    • Window Treatments

    Bedrooms and bathrooms

    • Bedrooms: 3

    • Bathrooms: 1

    • Full bathrooms: 2

  • Property

    • Levels: Two

    • Pool Private: Yes

    • Exterior Features: Balcony / Sliding Doors / Storage

    Lot

    • Lot: 11.58 Acres

    Other Property Information

    • Parcel Number: 0108016072

    • Zoning: RMF3

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Utility

    • BB/HS Internet Available

    • Cable Connected

    • Fiber Optics

    • Sewer Connected

    • Street Lights

    • Water Connected

  • Other financial information

    • Annual tax amount: $8,269

  • Source details

    • MLS ID: A4676444

    Other facts

    • Construction Materials: Stucco

    • Foundation Details: Slab

    • Laundry Features: Laundry Room

    • Lot Features: In County / Sidewalk / Street Dead-End

    • Patio And Porch Features: Deck / Rear Porch / Screened

    • Pool Features: Heated / In Ground

    • Direction Faces: South

    • Architectural Style: Traditional

    • Living Area: 1720

    • Water Source: Private

    • Subdivision Name: MIDNIGHT COVE II

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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Market around this address

Live counts in the same area.
View all
This zip
34242
437
median $1.2M
Active
Same city
SARASOTA
3,145
median $599K
Active
Same type
Condo/Co-op
1,050
median $449K
Active
Similar price
$594K – $1.1M
729
median $755K
Active

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: WATERSIDE REALTY LLC