Neighborhood · Sarasota, Florida
Midnight Cove
Coastal condo living minutes from the Gulf
3
Homes for sale
$549,900
Median list price
$657
Avg price / sqft
12
Median days on market
Midnight Cove is a compact waterfront community on Sarasota's barrier island stretch, where the pace is set by the water and the short hop to the beaches. Homes here run smaller and coastal — the median size is about 860 square feet — the kind of low-maintenance footprint that suits a lock-and-leave lifestyle or a warm-weather second home. It sits within easy reach of Lido Key and the wider stretch of Sarasota homes for sale, with the culture and dining of the Rosemary District a short drive inland.
For buyers, this is a fast, thin market. There are just 2 active listings right now, with a median list price of $572,450, while homes that closed over the past year sold at a median of $785,500 — a reminder that inventory turns over quickly and pricing varies by view and unit. With a median of just 6.5 days on market and sellers collecting about 95% of asking, you'll want financing lined up before you tour. Buyers weighing nearby options often also look at Indian Beach / Sapphire Shores and Sky Ranch.
Midnight Cove is a community in Sarasota, Florida.
Quick facts
$549,900 – $595K price range
860 sqft median home
$1,020/mo median HOA
$2,950/mo median rent
10 sold in 12 months
On the market now
Homes for sale in Midnight Cove
$595,000
1800 COVE II PLACE UNIT 213, SARASOTA
2 bd · 2 ba · 860 sqft
$549,900
1500 COVE II PLACE UNIT 531, SARASOTA
2 bd · 1.5 ba · 860 sqft
$549,900$575,000
1400 COVE II PLACE UNIT 631, SARASOTA
2 bd · 1.5 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
$785,500
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
▲ 1.8% 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
≈ $4,586/mo
$549,900 median · 20% down · 30-yr fixed at 6.9% · taxes/HOA from live listing data · insurance is a Florida estimate.
$1,020/mo
Median HOA
From current listings inside the boundary
$2,950/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's a good fit if you want low-maintenance coastal living near the Gulf, with Lido Key and downtown Sarasota both close by. The smaller home sizes — a median around 860 square feet — make it especially popular with seasonal owners and buyers wanting a simple footprint. Assigned schools include Phillippi Shores Elementary, Brookside Middle, and Sarasota High.
Is Midnight Cove expensive?+
It sits in the mid-to-upper range for Sarasota condos, with a median list price of $572,450 and current listings running from $549,900 to $595,000. The average price per square foot is about $666, reflecting the community's location near the water and the beaches.
What do homes cost in Midnight Cove?+
Active listings currently range from $549,900 to $595,000, with a median list price of $572,450. Over the past 12 months, 10 homes sold at a median price of $785,500, so closed sales have trended higher than today's asking prices — a sign of how much view and unit type matter here.
How is the market in Midnight Cove?+
It's fast and tight, with just 2 active listings and a median of 6.5 days on market. Sellers are getting about 95% of their asking price on average, so there's limited room for lowball offers — come prepared to move quickly on the right unit.
What about HOA fees and taxes in Midnight Cove?+
The median HOA runs about $1,020 per month, which is typical for a waterfront condo community covering shared amenities and building upkeep. Median property tax is around $5,559 per year, and rentals here go for a median of about $2,950 per month if you're weighing an investment.
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.
Never miss a listing
New Midnight Cove homes, in your inbox
A daily digest of new Sarasota listings — straight from the MLS. Unsubscribe anytime.