Sarasota Real Estate News

Interested in an affordable maintenance-free waterfront home with your own boat dock on Siesta Key Beach in Sarasota Florida?  Your answer may be a condo in Midnight Cove or Midnight Cove II:

1.  Convenience.   Midnight Cove and Midnight Cove II condos offer easy access to the "mainland" of Sarasota without the traffic or going through Siesta Key Village - and there are several fabulous restaurants within walking distance!
2.  Financial.  Both have financially solvent homeowners associations with adequate reserves for updates and repairs.  They don't mind spending the money to keep their communities looking great.
3.  Deeded Beach Access.  It's just not fun dragging chairs and coolers half a mile to the beach and that's not the case with either of these communities.  In fact, Midnight Cove offers both gulf and bay properties, just a few steps away from the beautiful Florida gulf.
4.  Pet Friendly.  Even large dogs are welcome.
5,  On-site Management.   Friendly staff and full-time maintenance.
6.  Recent sales.  Four have sold the past six months in Midnight Cove and Midnight Cove II from $400-$600k.
7.  Weekly Rental Income.  Generally speaking, estimated annual rental income for condos on Siesta Key is $30,000 annually depending on beach access and the view. 
8.  Activities.   Cookouts, parties, and regular events are planned in the clubhouse,
9.  Private Boat Docks.
10.  Not Over 55.  

Four are currently on the market.  My favorite is a beautifully updated 2BR 2BA with a full bay view and a washer/dryer.  Go to my Home Page www.PalmerRanchLindaHolley.com and simply enter this MLS number in the Home Search section: A4132078    Address is 1900 Cove II Pl, #135, list price is $489,000 with a motivated Seller.  This condo was an annual rental, but the rental potential is estimated at $30,000 for weekly rentals.

I have held many open houses in Midnight Cove and Midnight Cove II and also attended homeowners association meetings, getting to know owners who have enjoyed their condos for many years.  So if it's waterfront, boat docks, rental income, or deeded beach access you are looking for, you'll want to take a look at one of these communities on Midnight Pass Road--pet friendly offering weekly rentals.  

Call Linda Holley at 941-914-4914 for more information about buying or selling your Sarasota home, beach condo, or investment property.  I can also send you information about mortgage financing for Siesta properties and recommend some good mortgage lenders who can get this done for you.

Most sincerely yours,

Linda Holley, Realtor, GRI
Michael Saunders and Company

Posted by Linda Holley on November 14th, 2016 6:54 AM

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