Neighborhood · Sarasota, Florida
Midnight Cove
Coastal condo living on Sarasota's Siesta side
4
Homes for sale
$570,000
Median list price
$664
Avg price / sqft
80
Median days on market
Midnight Cove is a small waterside condo community on the Sarasota coast, the kind of place where a compact, low-maintenance home puts you close to the water and everything the barrier islands are known for. The scale is intimate — this is a defined neighborhood, not a sprawling subdivision — and it sits within easy reach of Sarasota's beach culture and the walkable energy of the Rosemary District and downtown. Nearby you'll find the beaches of Lido Key and the leafy streets of Arlington Park, giving you options whether you want sand or a quieter grid of homes.
For a buyer today, this is a tight market: just 3 active listings, with prices running from $549,900 to $595,000 and a median list of $549,900. Homes here are small — a median of 860 square feet — which pushes the price per square foot to about $657. Over the past year 10 homes sold at a median of $785,500, and sellers averaged 95% of asking, so there's room to negotiate but not a fire sale. If nothing here fits, the broader pool of Sarasota homes for sale is worth a look.
Midnight Cove is a community in Sarasota, Florida.
Quick facts
$549,900 – $595K price range
860 sqft median home
$976/mo median HOA
$2,413/mo median rent
10 sold in 12 months
Drive times
On the market now
Homes for sale in Midnight Cove
$580,000
1600 COVE II PLACE UNIT 412, SARASOTA
2 bd · 1.5 ba · 860 sqft
$560,000$575,000
1900 COVE II PLACE UNIT 127, SARASOTA
2 bd · 1.5 ba · 860 sqft
$549,900
1500 COVE II PLACE UNIT 531, SARASOTA
2 bd · 1.5 ba · 860 sqft
$595,000
1800 COVE II PLACE UNIT 213, SARASOTA
2 bd · 2 ba · 860 sqft
Every active listing inside the Midnight Cove boundary
Open full map search →Find your fit
Browse Midnight Cove
By feature — on the live map
The numbers that matter
The Midnight Cove market
10
Sold, last 12 months
$693,000
Median sold price
95%
Sale-to-list ratio
What sellers actually get vs asking
39 days
Median time to sell
Midnight Cove vs Sarasota
Median list price
Price per sqft
Days on market
Median sold price — 3-yr, 3-mo rolling
▼ 13.3% yr/yr
Homes sold per month
Live Stellar MLS data — every listing and closed sale inside the Midnight Cove boundary. Rolling medians smooth single-month swings in small communities.
For the school run
Schools Midnight Cove is zoned for
Attendance boundaries overlapping this community — always verify zoning with the district.
What it really costs
Owning here
Owning the median Midnight Cove home
≈ $4,663/mo
$570,000 median · 20% down · 30-yr fixed at 6.9% · taxes/HOA from live listing data · insurance is a Florida estimate.
$976/mo
Median HOA
From current listings inside the boundary
$2,413/mo
Median rent
Homes for rent inside the boundary
Population
339
Median age
68
Median income
$106,038
Median home value
$990,500
Beyond the listings
Living in Midnight Cove
Culture
Top 5% in the U.S.Sites to See
This population finds the most beautiful sites just by looking up. Sunrise, sunset or sometime in between, these people love to marvel at man-made and natural wonders.
Hobbies & Interests
Top 10% in the U.S.Wanderlust
Always thinking about their next destination, this population loves exploring new places abroad or right in their own backyard. They hold onto past trips by sharing their favorite memories and pictures year round.
Lifestyles
Top 19% in the U.S.Wealth Signaling
Interested in the finer things life has to offer, this population wants to display their lifestyle by discussing luxury products. Often references jewelry, cars, and home features.
Relationships
Top 23% in the U.S.Girl Squad
From girls night out to a movie night in with their closest gal pals, this population is all about getting the girls together for an evening of fun.
Hobbies & Interests
Natural Beauty
This population marvels at the beauty of nature, and they want to capture every breath-taking scene.
Entertainment
Party Life
The party don't stop until the sun comes up. Loud music, crowds, and shots are a recipe for a great night out for these people.
Straight answers
Midnight Cove FAQs
Is Midnight Cove a good place to live?+
It suits buyers who want compact, low-maintenance coastal living close to Sarasota's beaches and the walkable Rosemary District. It's a small, defined community rather than a large subdivision, so it stays quiet and turns over slowly. Assigned schools include Phillippi Shores Elementary, Brookside Middle, and Sarasota High.
Is Midnight Cove expensive?+
Prices run from $549,900 to $595,000 with a median list of $549,900, which is moderate for coastal Sarasota. Because homes are small — a median of 860 square feet — the price per square foot lands around $657. Compared to nearby options like Lido Key, it's an accessible way onto this stretch of coast.
What do homes cost in Midnight Cove?+
Active listings sit between $549,900 and $595,000, with a median list price of $549,900. Over the past 12 months, 10 homes sold at a median of $785,500, reflecting a mix of sizes and views. That spread between list and sold figures is worth discussing with your agent.
How is the market in Midnight Cove?+
It's a thin market with just 3 active listings and a median of 63 days on market, so homes take a couple of months to move. Sellers averaged 95% of asking over the past year, which means there's typically some room to negotiate. With only 10 sales in 12 months, timing and patience matter here.
What about HOA fees and taxes?+
The median HOA runs about $1,020 per month, which is typical for a maintained waterside condo community and generally covers shared amenities and exterior upkeep. Median property taxes come in around $5,509 per year. If you're weighing rental income, the median rent in the area is about $2,950 per month.
Keep exploring
More Sarasota neighborhoods
Neighborhood boundary by edgeAI; listings matched to the polygon. 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 is deemed reliable but is not guaranteed accurate by Stellar MLS.
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