$335,000
SOLD AUG 29, 2025

Sunrise Cove 8977 Midnight Pass Rd Unit 521 Sarasota, FL 34242

1 Bed
1 Bath
783 Sq Ft
$1,075/ mo HOA Fee

Recently Sold

$428 Per Sq Ft

8% Below List Price

80 Days on Market

Highlights

  • White Water Ocean Views
  • Access To Intracoastal Waterway
  • Fish Cleaning Station
  • Phillippi Shores Elementary School Rated A
  • Fitness Center
  • 1.23 Acre Lot

About This Home

As of August 2025

WATERFRONT LUXURY ON SIESTA KEY
Spacious 1-Bedroom Condo with Panoramic Bay Views
Experience the best of coastal living in this beautifully appointed one-bedroom, one-bathroom condo, ideally situated on the Intracoastal Waterway in the sought-after Sunrise Cove community. This rare waterfront offering features unobstructed views of Little Sarasota Bay and a veiw of the Gulf of Mexico from the front of the unit—a truly unique find on Siesta Key.
Whether you're seeking a full-time residence, a seasonal escape, or an income-generating investment, this property delivers exceptional flexibility. With an on-site rental manager, owners can rent the unit during peak season (rental rates for 1-bedrooms range from $6,000–$7,000/month) and enjoy personal use during the off-season, helping to offset ownership costs.
Interior Highlights:
Bright, open floor plan
Large enclosed lanai with panoramic bay views
Perfect space for enjoying morning sunrises and daily waterfront activity
Community Amenities Include:
Two resort-style waterfront pools
Fully equipped modern fitness center
Bayside BBQ grills and picnic areas for entertaining
Tennis and pickleball courts
Kayak and bicycle storage
Boat slips with water and electric—ideal for boaters or guests
Covered assigned parking plus ample guest parking
Unlimited use of laundry facilities—conveniently located just outside the unit
Recent updates to the roof, carports, and seawall ensure peace of mind and long-term value.
Prime Location:
Steps from Turtle Beach Park with kayak/boat launches, playground, and beach access
Adjacent to Turtles Restaurant and just minutes from Siesta Key Village with shopping, dining, and nightlife
Easy access via the free Siesta Key trolley
This residence offers an exceptional location, lifestyle, and investment potential blend. Don’t miss your chance to own a piece of paradise on Siesta Key.

Last Agent to Sell the Property

John Petitti

CENTRAL PARK REALTY CORP. Brokerage Phone: 941-809-0034 License #0692453 Listed on: 05/22/2025

Co-Listed By

Ross Bryans

CENTRAL PARK REALTY CORP. Brokerage Phone: 941-809-0034 License #3003216

Last Buyer's Agent

Mario Petitti

WHITE SANDS REALTY GROUP FL License #3448117

WHITE SANDS REALTY GROUP FL

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,269

Year Built

  • Built in 1974

Lot Details

  • West Facing Home
  • Irrigation Equipment

HOA Fees

  • $1,075 Monthly HOA Fees

Parking

  • 1 Carport Space

Property Views

Home Design

  • Entry on the 5th floor
  • Slab Foundation
  • Membrane Roofing
  • Block Exterior
  • Concrete Perimeter Foundation

Interior Spaces

  • 783 Sq Ft Home
  • Open Floorplan
  • Window Treatments
  • Combination Dining and Living Room
  • Ceramic Tile Flooring

Kitchen

  • Dinette
  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Access To Intracoastal Waterway
  • Access to Bay or Harbor
  • No Fixed Bridges
  • Dock has access to water
  • Seawall
  • Open Dock
  • Exterior Lighting
  • Outdoor Storage
  • Outdoor Grill

Schools

  • Phillippi Shores Elementary School
  • Brookside Middle School
  • Sarasota High School

Utilities

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

Listing and Financial Details

Community Details

Overview

  • Association fees include common area taxes, pool, escrow reserves fund, insurance, maintenance structure, ground maintenance, management, pest control, private road, recreational facilities, sewer, trash, water
  • Ashley Weidner Association, Phone Number (941) 349-4955
  • Sunrise Cove Community
  • Sunrise Cove Sec 3 Subdivision
  • Association Owns Recreation Facilities
  • The community has rules related to deed restrictions, no truck, recreational vehicles, or motorcycle parking
  • 5-Story Property

Amenities

  • Clubhouse
  • Laundry Facilities
  • Community Mailbox

Recreation

  • Fish Cleaning Station

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,269

Year Built

Built in 1974

Lot Details

1.23 Acres

HOA Fees

$1,075 per month

Listing Details

  • HOA Fee Includes: Common Area Taxes, Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Management, Pest Control, Private Road, Recreational Facilities, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 783
  • Lot Size Acres: 1.23
  • New Construction: No
  • Year Built: 1974
  • Building Area Total: 903
  • Lot Size Sq Ft: 53397
  • Status: Sold
  • Co List Office Mls Id: MFR281502316
  • Co List Office Phone: 941-809-0034
  • Ownership: Condominium
  • Building Area Total Srch Sq M: 83.89
  • Escrow State: FL
  • Floor Number: 5
  • Minimum Lease: 1 Month
  • RATIO Current Price By Calculate: 427.84
  • Total Acreage: 1 to less than 2
  • Water Access YN: 1
  • Condo Fees Term: Monthly
  • MFR_NumAssignedParkingSpaces: 1
  • MFR_InLawSuiteYN: 0
  • MFR_DockDescription: Dock - Open,Dock w/Water Supply,Fish Cleaning Station
  • MFR_DockYN: 1
  • Attribution Contact: 941-809-0034
  • Tax Year: 2024
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Full Bathrooms: 1
  • Interior Amenities: Living Room/Dining Room Combo, Open Floorplan, Thermostat, Window Treatments
  • Appliances Included: Dishwasher, Disposal, Electric Water Heater, Range, Refrigerator
  • Foundation Details: Concrete Perimeter, Slab
  • Total Bedrooms: 1
  • Levels: One
  • Other Equipment: Irrigation Equipment
  • Stories: 5
  • Living Area Meters: 72.74

Exterior Features

  • Direction Faces: West
  • Exterior Features: Lighting, Outdoor Grill, Storage, Tennis Court(s)
  • Roof: Membrane
  • Pool Private: No
  • View: Water
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water Access: Bay/Harbor,Intracoastal Waterway
  • Water Extras: Bridges - No Fixed Bridges,Seawall - Concrete
  • Water View: Bay/Harbor - Full,Gulf/Ocean - Full,Intracoastal Waterway
  • Water View YN: 1
  • Waterfront Feet Total: 0
  • Flood Zone Panel: 12115C0209G

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Yn: No

Utilities

  • Utilities: Cable Connected, Electricity Connected, Sewer Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Clubhouse, Community Mailbox, Deed Restrictions, Fitness Center, No Truck/RV/Motorcycle Parking, Pool, Sidewalks, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Association Name: Ashley Weidner
  • Phone: 941-349-4955
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Association Fee Requirement: Required
  • Condo Fees: 1075
  • Condo Land Included YN: 1
  • Association Email: office@sunrisecove-siestakey.com
  • Monthly Condo Fee Amount: 1075

Fee Information

  • Total Annual Fees: 12900.00
  • Total Monthly Fees: 1075.00

Schools

  • Elementary School: Phillippi Shores Elementary
  • High School: Sarasota High
  • Middle Or Junior School: Brookside Middle

Lot Info

  • Zoning: RMF3
  • Parcel Number: 0129163037
  • Additional Parcels: No
  • Flood Zone Code: X500

Rental Info

  • Pets Allowed: No
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Check the condo docs for pet restrictions

Tax Info

  • Tax Annual Amount: 2269
  • Tax Book Number: 1041-1
  • Tax Lot: 1

Multi Family

  • Approval Process: Application required

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2025
Closed on
Aug 29, 2025
Sold by
Mcelhose Donald M and Mcelhose Shirlee
Bought by
Dinges Michael A and Dinges Christina
Seller's Agent
John Petitti
CENTRAL PARK REALTY CORP.
Buyer's Agent
Mario Petitti
WHITE SANDS REALTY GROUP FL
List Price
$364,900
Sold Price
$335,000
Premium/Discount to List
-$29,900
-8.19%
Views
18
Current Estimated Value
$338,190

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,190
Avg. Annual Appreciation
1.68%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Warranty Deed $335,000 None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/29/2025 08/29/25 Sold $335,000 -4.3% $428 / Sq Ft
08/10/2025 08/10/25 Pending -- -- --
07/14/2025 07/14/25 Price Changed $349,900 -4.1% $447 / Sq Ft
05/22/2025 05/22/25 For Sale $364,900 -- $466 / Sq Ft
Source: Stellar MLS

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
2025 $2,269 $205,298 -- --
2024 $2,164 $199,512 -- --
2023 $2,164 $193,701 $0 $0
2022 $2,104 $188,059 $0 $0
2021 $2,083 $182,582 $0 $0
2020 $2,078 $180,061 $0 $0
2019 $1,992 $176,013 $0 $0
2018 $1,932 $172,731 $0 $0
2017 $1,918 $169,178 $0 $0
2016 $1,918 $245,700 $0 $245,700
2015 $1,950 $217,200 $0 $217,200
2014 $1,940 $160,828 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4653264

Stellar MLS

APN: 0129-16-3037

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