$1,125,000
●
Condo -
Off Market
6342 Midnight Pass ROAD #310
SARASOTA, FL 34242
2 Beds
2 Baths
852 Ft²
$1,402,882
RealtyHop Estimate
17.00%
Since Jul 1, 2021
National-US
Primary Model
About This Property
Don't miss out on this opportunity to own a FULL GULF VIEW, high
rental producing property! This breathtaking two bed, two bath
beachfront condo is for sale. Located in the highly sought after
Midnight Cove community, this unit is one you will have to see to
believe. The kitchen features custom cabinetry, granite
countertops, and stainless steel appliances. The home has been
meticulously maintained and has many upgrades throughout. The most
coveted feature of this home is the unparalleled views of the
water. This is a first-floor end unit that boasts unobstructed
views of the beach. This is your chance to own a piece of paradise.
Located on one of Florida's main vacation hot spots, this unit is
perfect as an investment property. Midnight Cove accommodates
rentals with in house property management. Midnight Cove is a
private, gated community that has two swimming pools, tennis
courts, grilling areas, and a fitness center. This condo is a
proven income-producing machine. Located on Siesta Key, near all of
the best restaurants, shopping, entertainment, and of course the
world-famous Siesta Key Beach! Don't wait, schedule your private
tour today!
Unit Size
852 Ft²
Days on Market
-
Land Size
-
Price per sqft
$1,407
Property Type
Condo
Property Taxes
$584
HOA Dues
-
Year Built
-
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 3 years ago (Stellar MLS #A4468896)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 20, 2026 | Sold | ||
| Sold | |||
| Jan 14, 2026 | Listed by WATERSIDE REALTY LLC | $1,175,000 | |
| Listed by WATERSIDE REALTY LLC | |||
| | |||
|
Beachfront condo with full gulf views. Completely renovated unit in 2024 with direct access to the sugary white sand beaches. New tile floor throughout. All new kitchen with new custom kitchen cabinetry, granite counter tops and stainless-steel appliances. Turnkey furnished. Excellent rental history. Private end unit location on the southern end of the complex. Brand new gulf front community pool, gulf to bay property with community fitness room, tennis courts, barbeque areas and dockage.
| |||
| Jun 3, 2021 | Sold | ||
| Sold | |||
Property Highlights
Parking Available
Elevator
Air Conditioning
With View
Parking Details
Has Carport
Interior Details
Full Bathrooms: 2
Interior Features: Ceiling Fan(s), Living Room/Dining Room Combo, Primary Bedroom Main Floor, Solid Surface Counters, Window Treatments
Appliances: Dishwasher, Disposal, Microwave, Range, Refrigerator
Flooring Type: Ceramic Tile
Rooms: 5
Exterior Details
Square Footage: 852
Square Footage Source: $0
Security Features: Smoke Detector(s)
Year Built: 1977
Waterfront Features: Waterfront, Gulf/Ocean
Waterview: Gulf/Ocean - Full
Building Area Total: 860
Levels: One
Other Structures: Tennis Court(s)
Building Area Units: Square Feet
Window Features: Window Treatments
Construction Materials: Block, Stucco
Patio and Porch Features: Deck, Patio, Porch, Screened
Lot Features: FloodZone
Water Source: Public
Financial Details
Tax Annual Amount: $7,008
Lease Considered: Yes
Utilities Details
Cooling Type: Central Air
Heating Type: Electric
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Community Pool, Escrow Reserves Fund, Fidelity Bond, Maintenance Structure, Maintenance Grounds, Manager, Pest Control, Pool Maintenance, Private Road, Recreational Facilities, Security, Sewer, Trash, Water
HOA/Condo/Coop Amenities: Fitness Center, Laundry, Maintenance, Pool, Recreation Facilities, Security, Tennis Court(s)
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
01/14/2026
|
2 Bed
|
2 Bath
|
852 ft²
|
$1,175,000
2 Bed
2 Bath
852 ft²
|
$1,100,000
-6.38%
03/20/2026
|
Brian Livesey
WATERSIDE REALTY LLC
| |
|
01/09/2026
|
2 Bed
|
2 Bath
|
1214 ft²
|
$1,300,000
2 Bed
2 Bath
1214 ft²
|
$1,125,000
-13.46%
03/31/2026
|
Jan Jordan
BETTER HOMES & GARDENS REAL ESTATE ATCHLEY PROPERT
| |
|
01/10/2025
|
2 Bed
|
2 Bath
|
1438 ft²
|
$1,400,000
2 Bed
2 Bath
1438 ft²
|
$1,400,000
01/10/2025
|
NON-MEMBER non-mls id's for RAGFL-sold MLS AGENT
NON MEMBER MLS
| |
|
01/04/2024
|
2 Bed
|
2 Bath
|
852 ft²
|
$1,400,000
2 Bed
2 Bath
852 ft²
|
$1,350,000
-3.57%
05/29/2024
|
Rudy Dudon
MICHAEL SAUNDERS & COMPANY
| |
|
08/07/2023
|
2 Bed
|
2 Bath
|
1214 ft²
|
$1,350,000
2 Bed
2 Bath
1214 ft²
|
$1,200,000
-11.11%
11/30/2023
|
Tom Ward
WATERSIDE REALTY LLC
| |
|
05/21/2022
|
2 Bed
|
2 Bath
|
852 ft²
|
$1,999,000
2 Bed
2 Bath
852 ft²
|
$1,700,000
-14.96%
03/23/2023
|
Josh Beckmann
BECKMANN PROPERTIES
| |
|
11/30/2021
|
4 Bed
|
4 Bath
|
2352 ft²
|
$2,125,000
4 Bed
4 Bath
2352 ft²
|
$2,025,000
-4.71%
03/24/2022
|
Karen Chandler
MICHAEL SAUNDERS & COMPANY
| |
|
03/05/2021
|
2 Bed
|
2 Bath
|
852 ft²
|
$1,115,000
2 Bed
2 Bath
852 ft²
|
$1,100,000
-1.35%
06/25/2021
|
Rudy Dudon
MICHAEL SAUNDERS & COMPANY
| |
|
10/08/2019
|
2 Bed
|
3 Bath
|
1704 ft²
|
$1,300,000
2 Bed
3 Bath
1704 ft²
|
-
-
|
-
| |
|
08/23/2019
|
2 Bed
|
2 Bath
|
1214 ft²
|
$1,050,000
2 Bed
2 Bath
1214 ft²
|
-
-
|
-
| |
|
11/30/-0001
|
2 Bed
|
2 Bath
|
852 ft²
|
$1,199,000
2 Bed
2 Bath
852 ft²
|
$1,125,000
-6.17%
06/03/2021
|
Curt Ware
KELLER WILLIAMS CLASSIC GROUP
|
Building Info
About Siesta Key
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Listed by: Curtis Ware
KELLER WILLIAMS CLASSIC GROUP
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# A4468896
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. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
KELLER WILLIAMS CLASSIC GROUP
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# A4468896
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017