NOT LISTED FOR SALE

6350 Midnight Cove Rd Unit 712 Sarasota, FL 34242

Estimated Value: $487,771 - $632,000

2 Beds
1.5 Baths
860 Sq Ft
$830/mo HOA Fee

Last Sold August 11, 2022

Last sale price $640,000 $744 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $4,579/month

Highlights

  • Waterfront Community
  • Water access To Gulf or Ocean To Bay
  • Fitness Center
  • Phillippi Shores Elementary School Rated A
  • Private Beach
  • Fishing

About This Home

As of August 2022

Life’s too short - Live at the Beach!
Here is an opportunity to own in the heart of the World Famous Siesta Key, in the highly sought after Midnight Cove. Enjoy pristine views of the cove from your private ground floor unit, walk the crystal-white sand beach or just watch the sunsets on that complimentary lounge chair on your private beach area. This well maintained unit has the all the essential perks with tiled flooring throughout the open-concept living space and newer carpet in the bedrooms. The modern kitchen boasts stainless steel appliances, a breakfast bar and also has the convenience of a full sized washer and dryer. The Master suite has ample closet space and privacy, and the second bedroom offers plenty of room for family or guests. One of the biggest hidden highlights of this home is the strong rental history and the future earning potential with bookings for 2023 already in place (Rentals minimums of 1 week).
Midnight Cove is one of the top communities on the key offering additional amenities such as two heated pools, two tennis courts, picnic areas with gas grills, boat docks, and tropical lush landscaping all around you. If you’re looking for that perfect private Beachside Getaway this is definitely the place ... all with the bonus of great investment !

Last Agent to Sell the Property

Steven McNally

ENGEL + VOELKERS SARASOTA License #3318903 Listed on: 07/14/2022

ENGEL + VOELKERS SARASOTA

Last Buyer's Agent

Margo Schneider

FINE PROPERTIES License #3450962

FINE PROPERTIES

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,131

Year Built

  • Built in 1979

Lot Details

  • Private Beach
  • East Facing Home

HOA Fees

  • $830 Monthly HOA Fees

Parking

  • 1 Carport Space

Property Views

  • Woods
  • Canal

Home Design

  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 860 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Sliding Doors
  • Combination Dining and Living Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main

Eco-Friendly Details

  • Reclaimed Water Irrigation System

Outdoor Features

  • Water access To Gulf or Ocean To Bay
  • Access To Intracoastal Waterway
  • Access to Saltwater Canal
  • No Wake Zone
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Underground Utilities
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, common area taxes, community pool, escrow reserves fund, maintenance structure, ground maintenance, maintenance repairs, manager, pest control, pool maintenance, private road, recreational facilities, sewer, trash, water
  • Progressive Property Management / Shane Raniere Association, Phone Number (941) 921-9090
  • Visit Association Website
  • Midnight Cove Bayside Community
  • Midnight Cove Bayside Subdivision
  • On-Site Maintenance
  • The community has rules related to deed restrictions
  • Rental Restrictions

Amenities

  • Laundry Facilities
  • Community Mailbox

Recreation

  • Waterfront Community
  • Tennis Courts
  • Pickleball Courts
  • Fitness Center
  • Fishing

Pet Policy

  • Pets up to 100 lbs
  • 2 Pets Allowed

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,131

Year Built

Built in 1979

Lot Details

0

HOA Fees

$830 per month

Listing Details

  • HOA Fee Includes: Cable TV, Common Area Taxes, Community Pool, Escrow Reserves Fund, Maintenance Structure, Maintenance Grounds, Maintenance Repairs, Manager, Pest Control, Pool Maintenance, Private Road, Recreational Facilities, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 860
  • New Construction: No
  • Year Built: 1979
  • Directions to Property: Easiest route is to drive onto Siesta Key via Stickney Point Road - over the Stickney Point bridge - turn right at the light onto Midnight Pass Road - the second complex comes up quickly on the right side - there is a Large sign for Midnight Cove ( not Midnight Cove II )
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4541952?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4541952?w=Customer
  • Floor Number: 1
  • Homestead Y N: No
  • Number Of Pets: 2
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.98477
  • Price per Sq Ft: 744.19
  • Close to Original List Price Ratio: 0.98477
  • View: Yes
  • Ownership: Condominium
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Interior Amenities: Living Room/Dining Room Combo, Master Bedroom Main Floor, Open Floorplan, Thermostat
  • Appliances Included: Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 3
  • Street Number Modifier: 6350
  • Room Count: 6
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: East
  • Exterior Features: Outdoor Grill, Sidewalk, Sliding Doors, Tennis Court(s)
  • Roof: Shingle
  • Pool Private: No
  • View: Trees/Woods, Water
  • Waterfront: No
  • Water View: Canal
  • Water Access: Beach - Private, Canal - Saltwater, Gulf/Ocean to Bay, Intracoastal Waterway
  • Water Extras: No Wake Zone
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12115C0143F

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Yn: No
  • Covered Parking Spaces: 1
  • Open Parking: No

Utilities

  • Utilities: Cable Available, Cable Connected, Electricity Available, Electricity Connected, Public, Sewer Available, Sewer Connected, Street Lights, Underground Utilities, Water Available, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Community Mailbox, Deed Restrictions, Fishing, Fitness, Gated Community, Irrigation-Reclaimed Water, Tennis Courts, Water Access, Waterfront
  • Association Amenities: Cable TV, Fitness Center, Gated, Laundry, Maintenance, Pickleball Court(s), Tennis Court(s)
  • Association Fee: 830
  • Association Fee Frequency: Monthly
  • Association Name: Progressive Property Management / Shane Raniere
  • Phone: 941-921-9090
  • Association: Yes
  • Senior Community: No
  • Association Website: http://www.pcmfla.com/progressive/outside_home.asp
  • Association Email: sraniere@pcmfla.com
  • Condo Land Included Y N: No
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 9960
  • Monthly HOA Fee: 830
  • Total Monthly Fees: 830

Lot Info

  • Zoning: RMF3
  • Parcel Number: 0108013025
  • Additional Parcels: No
  • Property Attached Yn: Yes
  • Flood Zone Code: AE
  • Flood Zone Date: 2016-11-04
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Pet Size: Large (61-100 Lbs.)
  • Max Pet Weight: 100
  • Minimum Lease: 1 Week
  • Approval Process: Buyer Application to be completed and submitted with $100 Application Fee - see attached
  • Num Timesper Year: 52
  • Pet Restrictions: Please confirm with Association Documents to avoid any confusion.
  • Lease Restrictions Y N: Yes
  • Month To Month Or Weekly Y N: Yes
  • Additional Lease Restrictions: Positive Note: Currently Active in Midnight Cove Rental Program with Vacation Rentals already booked for 2023 - details available upon request !

Tax Info

  • Tax Annual Amount: 4131
  • Tax Book Number: 10-40
  • Tax Lot: 712

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2022
Closed on
Aug 11, 2022
Sold by
Siesta Key Tranquility Llc
Bought by
Kappeli Pamela
Seller's Agent
Steven McNally
ENGEL + VOELKERS SARASOTA
Buyer's Agent
Margo Schneider
FINE PROPERTIES
List Price
$649,900
Sold Price
$640,000
Premium/Discount to List
-$9,900
-1.52%
Current Estimated Value
$590,350

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$49,650
Avg. Annual Appreciation
-1.41%

Purchase Details

Closed on
Jun 12, 2019
Sold by
Bisbee Jennifer R
Bought by
Siesta Key Tranquility Llc

Purchase Details

Closed on
Jun 11, 2019
Sold by
Bisbee Jennifer R
Bought by
The Jennifer R Bisbee Trust

Purchase Details

Closed on
May 25, 2018
Sold by
Regen Deborah L and Bisbee Jennifer R
Bought by
Bisbee Jennifer R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1
Interest Rate
4.56%

Purchase Details

Closed on
Oct 8, 2010
Sold by
Sandler Bernice H
Bought by
Regen Deborah L and Bisbee Jennifer Beth
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Kappeli Pamela $640,000 None Listed On Document
Siesta Key Tranquility Llc -- Attorney
The Jennifer R Bisbee Trust -- Attorney
Bisbee Jennifer R -- Attorney
Regen Deborah L $300,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Regen Deborah L $1
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2022 08/11/22 Sold $640,000 -1.5% $744 / Sq Ft
07/15/2022 07/15/22 Pending -- -- --
07/14/2022 07/14/22 For Sale $649,900 -- $756 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $6,193 $460,100 -- $460,100
2023 $6,193 $495,900 $0 $495,900
2022 $4,905 $422,300 $0 $422,300
2021 $4,131 $307,800 $0 $307,800
2020 $4,007 $292,200 $0 $292,200
2019 $4,049 $299,000 $0 $299,000
2018 $3,554 $260,500 $0 $260,500
2017 $3,560 $256,400 $0 $256,400
2016 $3,378 $236,600 $0 $236,600
2015 $3,203 $217,200 $0 $217,200
2014 $3,485 $212,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Steven McNally

    Seller's Agent in 2022

    Steven McNally

    ENGEL + VOELKERS SARASOTA

    (941) 323-2218

    10 in this area

    21 Total Sales

    Section Image

  • M

    Buyer's Agent in 2022

    Margo Schneider

    FINE PROPERTIES

    (440) 488-1004

    1 in this area

    5 Total Sales

    Section Image
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Map

Source: Stellar MLS

MLS Number: A4541952

Stellar MLS

APN: 0108-01-3025

Florida Sarasota County Sarasota 34242

6350 Midnight Cove Rd Unit 712, Sarasota, FL

This home is located at 6350 Midnight Cove Rd Unit 712, Sarasota, FL 34242 since 14 July 2022 and is currently estimated at $585,943, approximately $681 per square foot. This property was built in 1979. 6350 Midnight Cove Rd Unit 712 is a home located in Sarasota County with nearby schools including Phillippi Shores Elementary School, Brookside Middle School, and Sarasota High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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