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Sold for $582,000
  • $582,000

    8764 Midnight Pass Rd #A202, Sarasota, FL 34242

    2beds
    1,286sqft
    Condominium
    Built in 1975
    -- sqft lot
    $581,800 Zestimate®
    $453/sqft
    $3,754 Estimated rent

    Home value

    $581,800

    $535,000 - $634,000

    $3,754/mo

    Zestimate® history
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    What's special

    Fishing pierGulf front viewsMeticulously maintainedGuest parkingCovered parkingTwo heated poolsFull size laundry room
    This is the Gulf front opportunity buyers wait for. Positioned in the highly sought after A Building at Island Reef, this two bedroom, two bath beach condo offers direct Gulf front views that simply cannot be duplicated, and is currently the lowest priced Gulf front 2/2 property on Siesta Key. Held in the same family for over 30 years, the condo has been meticulously maintained and remains exceptionally clean and comfortable as it sits today. It presents a rare combination of immediate usability and the opportunity to thoughtfully update over time, allowing a new owner to create their own vision in one of the most desirable Gulf front locations on the island. From the moment you walk in, your eye is drawn straight through to the water. The view opens across the pool, the natural flow of the grounds, and out to the Gulf of Mexico, creating a sense of space, calm, and connection that defines true waterfront living. It is the kind of view that makes you pause and take it in. The layout offers a true split floor plan, providing privacy and comfort for both owners and guests. The main living areas are open and relaxed, with Gulf views from the dining area, living room, and primary bedroom. The kitchen is generously sized, with an eat in area and built in desk space that adds flexibility, while natural light fills the space and keeps it bright and inviting. The primary suite is spacious and set apart as its own retreat, complete with an en suite bath and room to unwind. The guest bedroom is positioned on the opposite side, offering separation and privacy. A full size laundry room adds a level of everyday convenience not always found in beach condos. Impact windows are currently being installed on the lanai, adding long term value, peace of mind, and enhancing the indoor outdoor experience that is so central to Gulf front living. Island Reef is known for its true Gulf to Bay lifestyle. Mornings begin with walks along the private beach at Turtle Beach, afternoons are spent kayaking toward Midnight Pass or relaxing by the Gulf side pool, and evenings are centered around sunsets that never repeat themselves. On the bay side, boats pass throughout the day, adding another layer of movement and life to the setting. The community offers bay access with dockage and lift capability, along with direct access to Sarasota Bay and the Gulf beyond. Two heated pools, including the beautifully positioned Gulf side pool, along with tennis, pickleball, and shuffleboard courts create an active yet balanced lifestyle. Residents enjoy a clubhouse, library, fitness rooms, and gathering spaces designed for both connection and relaxation. Additional features include kayak and bike storage, a fishing pier, on site management, and a well run on site rental program offering monthly rental opportunities, providing flexibility for owners who wish to offset expenses. Winding walkways connect the community through mature landscaping and open green space, while brick paver parking areas, covered parking, secure lobby entry, elevator access, and guest parking all add to the ease of ownership. Call today for your private showing. Gulf front opportunities in this building, at this price point, are rare and do not last. Video, 3D tour, and floor plan available.

    Zillow last checked:

    Listing updated:

    Listing Provided by:

    Dawn Bear 941-468-7224,

    WILLIAM RAVEIS REAL ESTATE 941-867-3901

    Bought with:

    Sandee Teresa, 3230037

    COMPASS FLORIDA LLC

    Source: Stellar MLS,MLS#: A4690420MLS LogoOriginating MLS: Sarasota - Manatee

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Primary bedroom
    • Features: Walk-In Closet(s)
    • Level: First
    • Area: 176 Square Feet
    • Dimensions: 11x16
    Bedroom 2
    • Features: Built-in Closet
    • Level: First
    • Area: 156 Square Feet
    • Dimensions: 12x13
    Balcony porch lanai
    • Level: First
    • Area: 98 Square Feet
    • Dimensions: 7x14
    Dining room
    • Level: First
    Kitchen
    • Level: First
    • Area: 160 Square Feet
    • Dimensions: 8x20
    Living room
    • Level: First
    • Area: 154 Square Feet
    • Dimensions: 14x11
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Ice Maker, Microwave, Range, Refrigerator, Washer
    • Laundry: Inside, Laundry Room
    Features
    • Ceiling Fan(s), Kitchen/Family Room Combo, Primary Bedroom Main Floor
    • Flooring: Carpet, Ceramic Tile
    • Doors: Outdoor Shower, Sliding Doors
    • Windows: Blinds, Window Treatments
    • Has fireplace: No
    Interior area
    • Total structure area: 1,396
    • Total interior livable area: 1,286 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Carport
    • Carport spaces: 1
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Covered, Patio, Screened
    • Exterior features: Courtyard, Irrigation System, Lighting, Outdoor Shower, Private Entrance, Sidewalk, Tennis Court(s), Boat Slip
    • Has view: Yes
    • View description: Pool, Water, Gulf/Ocean - Full
    • Has water view: Yes
    • Water view: Water,Gulf/Ocean - Full
    • Waterfront features: Gulf/Ocean Front, Waterfront, Gulf/Ocean, Gulf/Ocean to Bay, Beach Access, Beach - Access Deeded, Gulf/Ocean Access, Gulf/Ocean to Bay Access, Intracoastal Waterway Access, Bridges - No Fixed Bridges, Sailboat Water, Seawall
    • Body of water: GULF TO BAY
    Details
    • Parcel number: 0129071007
    • Zoning: RMF1
    • Special conditions: None

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    Materials
    • Block, Concrete
    • Foundation: Pillar/Post/Pier
    • Roof: Built-Up
    Condition
    • New construction: No
    • Year built: 1975

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Connected, Electricity Connected, Public, Sewer Connected, Street Lights, Water Connected

    Community & neighborhood

    Community
    • Community features: Boat Slip, Dock, Fishing, Gulf/Ocean Front, Intracoastal Waterway, Water Access, Waterfront, Association Recreation - Owned, Buyer Approval Required, Clubhouse, Community Mailbox, Deed Restrictions, Fitness Center, Golf Carts OK, Pool, Sidewalks, Tennis Court(s)
    Location
    • Region: Sarasota
    • Subdivision: ISLAND REEF I

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $1,033 monthly
    • Amenities included: Clubhouse, Elevator(s), Fitness Center, Lobby Key Required, Pickleball Court(s), Pool, Recreation Facilities, Sauna, Shuffleboard Court, Tennis Court(s)
    • Services included: Common Area Taxes, Community Pool, Reserve Fund, Maintenance Structure, Maintenance Grounds, Manager, Pool Maintenance, Recreational Facilities
    • Association name: Island Reef
    Other fees
    • Pet fee: $0 monthly
    Other financial information
    • Total actual rent: 0

    Other

    Other facts
    • Listing terms: Cash,Conventional
    • Ownership: Fee Simple
    • Road surface type: Brick, Paved

    Price history

    DateEventPrice
    6/2/2026Sold$582,000-3%$453/sqft
    Source: Stellar MLS #A4690420 Report a problem
    5/6/2026Pending sale$600,000$467/sqft
    Source: Stellar MLS #A4690420 Report a problem
    4/30/2026Listed for sale$600,000+183%$467/sqft
    Source: Stellar MLS #A4690420 Report a problem
    3/14/1996Sold$212,000$165/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,674 +5.4%$529,800 +5.3%
    2024$6,334 -11.3%$503,200 +8.2%
    2023$7,140 +8.8%$465,124 +10%
    2022$6,561 +13.6%$422,840 +10%
    2021$5,777 +3.6%$384,400 +6.5%
    2020$5,576 -3%$360,900 -4.6%
    2019$5,748 $378,500 +5.6%
    2018$5,748 +4.8%$358,300
    2017$5,484 +12.5%$358,300
    2016$4,875 $358,300 +5%
    2015$4,875 -6.5%$341,300 +21.5%
    2014$5,216 +14.9%$281,000
    2013$4,540 +1.3%$281,000 +0.4%
    2012$4,483 -13%$279,800 -16.7%
    2011$5,155 -4.8%$335,800 -2.7%
    2010$5,413 -22.9%$345,000 -10.8%
    2009$7,017 $386,700 -22.6%
    2008$7,017 -8.4%$499,900 -13.5%
    2007$7,658 $577,600 -1.1%
    2006-- $584,100 +9.9%
    2005-- $531,535 +23.8%
    2004$6,639 +10.7%$429,442 +15%
    2003$6,000 +22.1%$373,428 +23%
    2002$4,912 +61.2%$303,600 +60%
    2001$3,047 +2.8%$189,727 +3%
    2000$2,964 $184,201

    Find assessor info on the county website

    Neighborhood: 34242

    Nearby schools

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    Estimated market value
    $581,800
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    Estimated market value
    $581,800