8767 MIDNIGHT PASS RD #403F new Save Request In-Person Tour Request Virtual Tour
Sarasota,FL 34242
Key Details
Property Type Condo
Sub Type Condominium
Listing Status Active
Purchase Type For Sale
Square Footage 1,303 sqft
Price per Sqft $475
Subdivision Island Reef Ii Ph 1 2 & 3
MLS Listing ID A4673053
Bedrooms 2
Full Baths 2
Condo Fees $3,000
Construction Status Completed
HOA Y/N No
Annual Recurring Fee 12000.0
Year Built 1979
Annual Tax Amount $5,739
Lot Size 6.310 Acres
Acres 6.31
Property Sub-Type Condominium
Source Stellar MLS
Property Description
Rare Gulf-to-Bay community with a large private Gulf beach and Bay-side boat docks where owners may install boat lifts in their slips. The community is financially sound with NO assessments, making this a worry-free coastal investment. Move-in ready. Turnkey furnished.
What truly sets Island Reef apart is income potential: 1-month rentals are allowed—a rare policy on Siesta Key. That means you can enjoy your own slice of paradise and still generate excellent rental income when you're not in residence. This flexibility makes the condo ideal for both personal use and a smart, self-funding getaway.
This high-and-dry 4th-floor unit is beautifully renovated, offered furnished, and move-in ready. Natural light is a standout feature—sunshine pours through the screened/enclosed balcony from morning through mid-day, filling the living areas with a bright, breezy coastal feel. Enjoy peaceful views of Little Sarasota Bay and the Intracoastal Waterway from your enclosed lanai with sliding windows—perfect for coffee, cocktails, and quiet sunsets.
The modern kitchen features granite countertops, crisp white cabinetry, and an integrated washer/dryer. The spacious owner's suite includes a large walk-in closet, while the guest bedroom offers an extra-large closet plus a separate owner's lock-away closet for personal items when guests arrive.
Island Reef lives like a resort: two heated pools, tennis and pickleball courts, fitness center, clubhouse, grilling patios, shuffleboard, game room, library, and an active social calendar. You're a short walk to restaurants, a full-service marina with rentals and storage, and Turtle Beach. And the free Siesta Key trolley stops right in front of the community, taking you to Siesta Village, shopping, dining, and more beaches along Midnight Pass Road.
Beach-to-Bay lifestyle + rare 1-month rental flexibility = a standout Siesta Key value. Schedule your private showing today.
Location
State FL
County Sarasota
Community Island Reef Ii Ph 1 2 & 3
Area 34242 - Sarasota/Crescent Beach/Siesta Key
Zoning RMF1
Rooms
Other Rooms Inside Utility,Storage Rooms
Interior
Interior Features Ceiling Fans(s),Living Room/Dining Room Combo,Open Floorplan,Primary Bedroom Main Floor,Solid Surface Counters,Solid Wood Cabinets,Split Bedroom,Thermostat,Walk-In Closet(s)
Heating Central
Cooling Central Air
Flooring Carpet,Tile
Furnishings Furnished
Fireplace false
Appliance Dishwasher,Disposal,Dryer,Microwave,Range,Refrigerator,Washer
Laundry Inside,Laundry Closet
Exterior
Exterior Feature Balcony,Lighting,Outdoor Grill,Outdoor Shower,Private Mailbox,Rain Gutters,Sliding Doors,Tennis Court(s)
Parking Features Covered,Guest
Pool Gunite,Heated,In Ground
Community Features Association Recreation - Owned,Buyer Approval Required,Clubhouse,Community Mailbox,Fitness Center,Pool,Restaurant,Sidewalks,Tennis Court(s),Street Lights
Utilities Available BB/HS Internet Available,Cable Connected,Electricity Connected,Fiber Optics,Fire Hydrant,Phone Available,Public,Sewer Connected,Water Connected
Amenities Available Clubhouse,Elevator(s),Fitness Center,Maintenance,Pickleball Court(s),Pool,Recreation Facilities,Security,Shuffleboard Court,Spa/Hot Tub,Tennis Court(s)
Waterfront Description Bay/Harbor,Beach Front,Gulf/Ocean to Bay,Intracoastal Waterway,Marina in Community
View Y/N Yes
Water Access Yes
Water Access Desc Bay/Harbor,Intracoastal Waterway,Marina
View Water
Roof Type Built-Up
Porch Enclosed,Rear Porch,Screened,Wrap Around
Garage false
Private Pool Yes
Building
Story 5
Entry Level One
Foundation Slab
Lot Size Range 5 to less than 10
Sewer Public Sewer
Water Public
Unit Floor 4
Structure Type Concrete,Stucco
New Construction false
Construction Status Completed
Others
Pets Allowed Yes
HOA Fee Include Pool,Escrow Reserves Fund,Insurance,Maintenance Structure,Maintenance Grounds,Management,Pest Control,Security,Sewer
Senior Community No
Pet Size Small (16-35 Lbs.)
Ownership Condominium
Monthly Total Fees $1,000
Acceptable Financing Cash,Conventional,FHA,VA Loan
Listing Terms Cash,Conventional,FHA,VA Loan
Num of Pet 1
Special Listing Condition None