$549,900
Active1500 Cove II Place #531, Sarasota, FL 34242
2 beds · 1.5 baths · 860 sq ft
Open house
- Fri, Oct 30 · 12–2 PM
Listing courtesy of RE/MAX PALM REALTY OF VENICE · MLS# N6144663
137 days on market
Refreshed from the Stellar MLS feed . This listing’s MLS record last changed .
About this home
What’s special
- water and pool views
- weekly rental program
- deeded beach access
- heated pool
- tennis courts
- pickleball
- boat docks
AI-selected highlights from the listing description below.
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.
Facts
- Property type
- Condominium
- Year built
- 1979
- Bathrooms
- 1 full, 1 half
- Living area
- 860 sqft
- Water view
- Yes
- Private pool
- No
- Exposure
- West
- Furnished
- Turnkey
- Flood zone
- X500
- CDD
- No
- 55+ community
- No
- Annual taxes
- $5,256/yr
- Monthly fees
- $1,020/mo
- Listed
- Jun 10, 2026
- MLS #
- N6144663
Virtual tour
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Estimate the monthly payment
Estimate by Lasbury Tracy Realty — not a loan offerStarting figures for 1500 COVE II PLACE #531. Everything below is editable.
AssumptionNot a quoted rate. Ask a lender what you actually qualify for today.
From this listingThe seller's most recent annual tax bill as reported to the MLS. Your bill will differ — Florida reassesses on sale and homestead caps reset.
Editable estimateA placeholder, not a quote. On the Gulf Coast this is the line item most likely to be wrong: premiums swing on roof age, wind mitigation, elevation, and carrier appetite. Get a real quote before you rely on this number.
Starts at $0Deliberately zero until you enter a figure — we will not inflate a payment with a guess. Many homes here need it; ask us for the property's flood zone and the current policy's premium.
From this listingMonthly association fee as reported to the MLS. Confirm what it includes, and ask about special assessments.
AssumptionNot applied — your down payment is 20% or more.
Estimated total monthly payment
$4,697
$2,781 of that is principal & interest. 41% is taxes, insurance and fees — which is why those inputs matter more here than the rate does.
- Principal & interest
- $2,781
- Property taxes
- $438
- Homeowners insurance
- $458
- Flood insurance
- $0
- HOA / condo fees
- $1,020
- Mortgage insurance (PMI)
- $0
- Total per month
- $4,697
Over the life of the loan
- Loan amount
- $439,920
- Down payment
- $109,980
- Total interest
- $561,094
- Principal + interest paid
- $1,001,014
- Paid off in
- 2056
Interest is the exact schedule total for a fixed-rate loan held to term and assumes no extra payments. Taxes, insurance and fees are not included in these lifetime figures because they change every year.
Calculated on this page from the figures above — nothing is sent anywhere and no lender is quoting you. Figures are estimates for planning only, not a pre-approval, commitment to lend, or a statement of the taxes and insurance you will actually be charged. Lasbury Tracy Realty Inc. is a real estate brokerage, not a lender or an insurance agent.
Take a tour
Pick a day that suits you — a licensed Lasbury Tracy agent confirms personally, usually within minutes. No account needed.
1500 Cove II Place #531, Sarasota, FL 34242
Listing courtesy of RE/MAX PALM REALTY OF VENICE · MLS# N6144663 · Active
Where this home is
Opens on aerial — on this coast the canal, the lot and the neighbours answer more questions than a street grid does.
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