Listing provided courtesy of RE/MAX PALM REALTY OF VENICEas Distributed by MLSGrid- MLS# MFRN6144663MLS Provider

1500 COVE II PLACE #531SARASOTA, FL 34242

Condo · 2 Beds · 1 Full Bath · 1 Half Bath · 860 Sq. ft.
$549,900 Active

1500 COVE II PLACE #531 Overview

Time on Site:
17 days
Visits:
0

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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1500 COVE II PLACE #531 Facts & Features

  • Type Condo
  • Sq. ft. 860
  • Price/Sq.ft. $639

Details

General

Association/HOA

  • Association Fee Includes: Cable TV,Pool,Escrow Reserves Fund,Fidelity Bond,Insurance,Internet,Maintenance Structure,Maintenance Grounds,Maintenance,Management,Pest Control,Sewer,Trash,Water
  • Association Name: David Pilkey
  • Association: No

Building Information

  • New Construction: No
  • Year Built: 1979

Location/Region

  • Country: US
  • County Or Parish: Sarasota
  • MLS Area Major: 34242 - Sarasota/Crescent Beach/Siesta Key
  • Subdivision Name: MIDNIGHT COVE II
  • Township: 37

Community/Development

  • Community Features: Buyer Approval Required,Deed Restrictions,Fitness Center,Pool,Tennis Court(s)

Tax Information

  • Tax Annual Amount: 5256
  • Tax Year: 2025

General Information

  • Furnished: Turnkey
  • Listing Terms: Cash,Conventional
  • Ownership: Fee Simple
  • Parcel Number: 0108016073
  • Pets Allowed: Number Limit
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Senior Community: No
  • Special Listing Conditions: None
  • Zoning: RMF3

Interior

Parking Information

  • Garage: No

Beds/Baths

  • Bathrooms Full: 1
  • Bathrooms Half: 1
  • Bathrooms Total: 2
  • Bedrooms Total: 2

Building Interior

  • Building Area Source: Public Records
  • Building Area Total: 860
  • Building Area Units: Square Feet

General Information

  • Appliances: Dishwasher,Disposal,Electric Water Heater,Microwave,Range,Refrigerator
  • Cooling: Central Air
  • Fireplace: No
  • Flooring: Carpet,Ceramic Tile
  • Foundation Details: Slab
  • Heating: Central
  • Interior Features: Open Floorplan
  • Laundry Features: None
  • Levels: One
  • Living Area: 860
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Stories Total: 3

Unit Information

  • Unit Number: 531

Exterior

Lot Information

  • Additional Parcels: No
  • Road Surface Type: Paved
  • Water Source: Private

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Block,Stucco
  • Direction Faces: West
  • Roof: Shingle

General Information

  • Carport Spaces: 1
  • Carport: Yes
  • Exterior Features: Balcony
  • Pool Private: No
  • Sewer: Public Sewer
  • Utilities: BB/HS Internet Available,Cable Connected,Electricity Connected,Public

Room Information

Room: Balcony/Porch/Lanai

  • Level: First
  • Dimensions: 19x16
  • Length: 16
  • Width: 19

Room: Bedroom 2

  • Level: First
  • Dimensions: 9.5x10
  • Length: 10
  • Width: 9.5

Room: Kitchen

  • Level: First
  • Dimensions: 8x7
  • Length: 7
  • Width: 8

Room: Living Room

  • Level: First
  • Dimensions: 14x19
  • Length: 19
  • Width: 14

Room: Primary Bedroom

  • Level: First
  • Dimensions: 13x10.5
  • Length: 10.5
  • Width: 13

1500 COVE II PLACE #531 Neighborhood

Community

34242 (SARASOTA) Demographics

67
Median Age
932
Population Density (per sq. mile)
70%
College Educated
$111,653
Estimated Median Income
3,429
Estimated Total Home Owners
510
Estimated Total Renters
87% / 13%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

1500 COVE II PLACE #531 Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1500 COVE II PLACE #531 Market Data

Based on the last 30 days in this zip code

$2,452,170
Average List Price
$1,098
Average Price per Square Foot
43
Properties Sold
167
Average Days on Market
407
Properties for Sale
Calculations provided by Reliance Network

1500 COVE II PLACE #531 History

Date Event Value Agent
6/13/2026Source: My Florida Regional MLS Status Change
Active
6/11/2026Source: My Florida Regional MLS Added to Database
June 11, 2026
10/14/2022Source: My Florida Regional MLS Added to Database
October 14, 2022