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Listing IDA4535808
Price$1,999,000$196K
StatusPending
Bedrooms2
Total Baths2
Full Baths1
Partial Baths1
SqFt
852
CountySarasota
SubdivisionMidnight Cove Ph 1 & 2
Year Built1977
Property TypeResidential
Property Sub TypeCondominium
BEST GULF VIEW AND LOCATION on Siesta Key! UNOBSTRUCTED 270 Degree Gulf View with OVER 100K in DOCUMENTED rental revenue. Documented income of OVER $102K for 2022. One of the highest rental revenue condo's by square foot on the ENTIRE beach. Situated on the FRONT of Crescent Beach in the highly sought after Midnight Cove community!! GULF FRONT, FULLY FURNISHED condo with PANORAMIC GULF OF MEXICO VIEWS. This gorgeous two bed, two bath beachfront condo has charm and convenience. Don’t miss this opportunity to own a high rental producing property which offers a one week minimum rental policy. Midnight Cove is a pet friendly community. The community sits on 11 acres with beach to bay access, featuring wonderful amenities including beach privileges with complimentary lounge chairs and beach umbrellas, two pools, two tennis courts, a fitness room, clubhouse, grilling areas and boat slips. Close proximity to all of the best restaurants, shopping, and entertainment of the “South Village” and of course the world-famous Siesta Key Beach! This private, gated community is conveniently close to Stickney Point for easy access on/off the island. Siesta Key continues to be a highly desirable destination for all, home to finest, whitest, softest sand and World Famous, Award Winning #1 Beach in the U.S. Hurry, this won’t last long. Please bring your highest and best offers along with proof of funds or pre-qualification letter. Won’t last long, schedule your private tour today!
County
Sarasota
Half Baths
1
Price Before Reduction
2195000
Price Reduction Date
2022-10-21T20:56:36+00:00
Property Sub Type
Condominium
Property Type
Residential
Subdivision
Midnight Cove Ph 1 & 2
Year Built
1977
Zoning
RMF3
Appliances
Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
Building Area Units
Square Feet
Building Elevator
yes
Cooling Type
Central Air
Fireplace
no
Floor Number
3
Flooring
Ceramic Tile
Furnished
Turnkey
Heating Type
Central, Electric
Interior Features
Ceiling Fans(s), Living Room/Dining Room Combo, Walk-In Closet(s), Window Treatments
Laundry Features
Laundry Room
Levels
One
Living Area Meters
79.15
Living Area Source
Public Records
Living Area Units
Square Feet
Room Count
5
Stories Total
1
Architectural Style
Florida
Carport
yes
Carport Spaces
1
Construction Materials
Stucco
Exterior Features
Balcony, Lighting, Tennis Court(s)
Foundation Details
Slab
Garage
no
Homestead
no
Lot Features
Flood Insurance Required, FloodZone, Paved
Parking Features
Assigned, Guest
Patio And Porch Features
Deck, Enclosed, Patio
Pool Private
no
Property Description
Mid Rise
Road Surface Type
Asphalt
Roof
Shingle
Sewer
Public Sewer
Utilities
Cable Connected, Electricity Connected, Sewer Connected, Water Connected
View Type
Water
Water Access
yes
Water Access Type
Beach, Gulf/Ocean, Gulf/Ocean to Bay, Intracoastal Waterway
Water Extras
yes
Water Extras Type
Dock - Slip Deeded On-Site
Water Frontage Feet Gulf Ocean
250
Water Frontage Feet Ocean 2 Bay
250
Water Source
Public
Water View
yes
Water View Type
Gulf/Ocean - Full
Waterfront
yes
Waterfront Features
Gulf/Ocean, Gulf/Ocean to Bay
Waterfront Feet Total
500
Window Features
Blinds
Association
yes
Association Amenities
Boat Slip, Clubhouse, Elevator(s), Fitness Center, Gated, Maintenance, Pool, Tennis Court(s)
Association Approval Required
yes
Association Name
Progressive Management
Building Area Source
Public Records
Building Area Total
1014
Building Name Number
MIDNIGHT COVE
Community Development District
no
Community Features
Buyer Approval Required, Deed Restrictions, Fitness Center, Gated, Pool, Special Community Restrictions, Tennis Courts, Water Access, Waterfront
Country
US
Direction Faces
East
Elementary School
Phillippi Shores Elementary
Flood Zone Code
VE
High School
Sarasota High
Middle Or Junior School
Brookside Middle
MLS Area Major
34242 - Sarasota/Crescent Beach/Siesta Key
Subdivision Number
7385
Subdivision Section Number
19
SW Subdivision Community Name
Midnight Cove PH 1 & 2
Township
37S
Water Body Name
GULF OF MEXICO
Additional Lease Restrictions
2 week minimum in March. See Rules and Regulations.
Association Fee Includes
Pool, Maintenance Structure, Maintenance Grounds, Management, Recreational Facilities, Sewer, Trash, Water
Association Fee Requirement
None
Available For Lease
yes
Condo Fees
830
Condo Fees Term
Monthly
Condo Land Included
no
Current Price
1999000.00
Disclosures
Condominium Disclosure Available, Lead Paint, Seller Property Disclosure
Existing Lease Tenant
yes
Lease Restrictions
1
Listing Terms
Cash, Conventional
Minimum Lease
1-7 Days
Month To Month Or Weekly
yes
Monthly Condo Fee Amount
830
Ownership
Fee Simple
Ratio Current Price By Calculate
2346.24
Special Listing Conditions
None
Tax Annual Amount
6984.51
Tax Book Number
11-8
Tax Lot
330
Tax Year
2021
Total Annual Fees
9960.00
Total Monthly Fees
830.00
Listing information ©My Florida Regional MLS DBA Stellar MLS 2023. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale. Availability of any listing should always be independently verified. Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may violate relevant federal and state law. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Data last updated on Sunday, January 29th, 2023 at 01:55:57 AM.
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