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$549,900

1400 COVE II PLACE UNIT 631, SARASOTA, FL 34242

Active152 days on market

Beds

Baths

Sq Ft

860 sq ft

Year Built

1979

Lot Size

11.58 acres

Garage

—

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About This Property

Welcome to the most adorable condo on world famous SIESTA KEY. Start enjoying the island lifestyle in this TURNKEY condo with GREAT WATER VIEWS and pool views! ***WEEKLY RENTALS***Very comfortable open floor plan with balcony to sip your cocktails and relax. The PRIVATE DEEDED BEACH ACCESS to the quartz sand Siesta beach in priceless. Midnight Cove offers tennis, pickleball, barbecue areas, fitness, pool, on site management, boat docks and more. Very importantly, there was no storm damage. Take the free trolley to Siesta Village or walk to the south village restaurants and shops. Downtown Sarasota and St Armand's Circle just a short drive away. An excellent opportunity for your vacation getaway or investment property. *** $110,000 PRICE REDUCTION SHOWS SELLER SERIOUS MOTIVATION***Seller's loss-your gain.

Property Overview

Property TypeResidential

Sub TypeCondominium

MLS #A4681753

StatusActive

Year Built1979

Stories1

Total Rooms4

ConstructionBlock, Stucco

RoofShingle

FoundationBlock

FacesSouth

SubdivisionMIDNIGHT COVE II

CountySarasota

OwnershipCondominium

FurnishedFurnished

Interior Features

InteriorCeiling Fan(s), Living Room/Dining Room Combo, Open Floorplan, Thermostat, Window Treatments

FlooringCeramic Tile, Engineered Hardwood

AppliancesDishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Range Hood, Refrigerator, Washer

LaundryLaundry Closet

CoolingCentral Air

HeatingElectric

Exterior & Lot

ExteriorBalcony, Sidewalk, Sliding Doors, Tennis Court(s)

Lot Size11.58 acres (504,217 sq ft)

Road SurfaceAsphalt, Paved

Utilities

WaterPublic

SewerPublic Sewer

UtilitiesPublic

Parking

GarageNo

CarportYes

HOA & Community

HOAYes

Senior CommunityNo

Financial Details

List Price$549,900

Original Price$660,000

Annual Taxes$5,509 (2025)

FinancingCash, Conventional

ZoningRMF3

Parcel #0108016086

Directions

South bridge to Siesta key, right on Midnight Pass Road. Midnight Cove II on the right.

Location

1400 COVE II PLACE UNIT 631, SARASOTA, FL 34242

Listing Information

OfficePREFERRED SHORE LLC

ListedFebruary 9, 2026

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Home Price

$549,900

Down Payment20% ($109,980)

Interest Rate6.75%

Loan Term

Principal & Interest$2,853

Property Tax (est.)$504

Insurance (est.)$150

Total Monthly$3,507

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How to Buy This Home

Multiple financing options available for this $549,900 home in SARASOTA.

🏦

Conventional

$27,495 Down

Traditional financing. As low as 3-5% down with good credit.

Florida Down Payment Assistance Programs

You may qualify for up to $35,000 in assistance to cover your down payment and closing costs.

Florida Hometown Heroes

Up to $35,000

First-time buyers working in FL

FL Assist

Up to $10,000

FHA, VA, or USDA borrowers

FL HLP Second Mortgage

Up to $10,000

First-time buyers, 0% deferred

Sarasota County SHIP

Varies

Income-qualifying Sarasota residents

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Listing information is deemed reliable but not guaranteed. All measurements and data should be independently verified. This information is provided by the Stellar MLS. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: July 11, 2026.