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For sale
  • $598,000

    8767 MIDNIGHT PASS ROAD #205F, SARASOTA, FL 34242

    2beds
    1,303sqft
    : 
    $4,997/mo
    Get pre-qualified
    Condominium
    Built in 1979
    -- sqft lot
    $-- Zestimate®
    $459/sqft
    $1,033/mo HOA

    What's special

    Beach accessGranite countertopsKayak launchGrilling patiosStainless steel appliances
    Island Reef Condominium is a prominent, resort-style "Gulf-to-Bay" residential complex located on the serene and secluded southern end of Siesta Key in Sarasota, Florida. The property spans both sides of Midnight Pass Road, providing residents and guests with immediate access to the beach on the Gulf side, alongside boat docks and kayak launches on the Sarasota Bay side. The unit features an enclosed, glass-screened lanai that functions as an extended living space, offering views of the Intracoastal Waterway. The tiled floors throughout provide a clean, continuous visual flow that makes the 1,303 sq. ft. layout feel even more expansive. Practically, all-tile flooring is the ultimate choice for a coastal property, as it handles beach sand, resists humidity, keeps the unit naturally cooler, and makes post-beach cleanup effortless compared to carpet. The combination of stainless steel appliances, granite countertops, and a tile backsplash represents a clean and complete kitchen footprint. The granite offers durable, solid-surface workspace, while the tile backsplash adds a custom, premium design element that complements the appliances. Having tiled floors throughout typically means the tile flows directly out onto the enclosed glass-screened lanai, seamlessly blurring the line between your indoor living space and the beautiful views of the intracoastal Waterway / Little Sarasota Bay. Both bedrooms have Temper pedic beds. The Primary bedroom has a king bed and the Guest bedroom has 2 twin beds. Temper pedic beds are well known for comfort and a good nights sleep. The amenities for Island Reef include a fitness center, tennis & pickleball courts, 2 heated swimming pools, beach access, grilling patios, clubhouse, game room, shuffleboard courts, dock, fishing pier and kayak launch. Island Reef is just minutes away from Siesta beach and Turtle beach. Siesta Key beach was voted #1 Beach in USA. You can visit Siesta Village or access the mainland easily for shopping, restaurants, etc. This property is being sold turnkey furnished. It is currently being used as a vacation rental. The unit is currently rented for February, March and the first half of April 2027. Having the unit reserved and ready for occupancy is a true positive benefit for the new owners.
    3 days
    347
    24

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Pat Gillum 941-809-3578,

    RE/MAX ALLIANCE GROUP 941-954-5454,

    Erick Shumway 941-544-3718,

    RE/MAX ALLIANCE GROUP

    Source: Stellar MLS,MLS#: A4711539MLS 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: 192 Square Feet
      • Dimensions: 16x12
      Bedroom 2
      • Features: Built-in Closet
      • Level: First
      • Area: 165 Square Feet
      • Dimensions: 15x11
      Balcony porch lanai
      • Level: First
      • Area: 98 Square Feet
      • Dimensions: 7x14
      Dining room
      • Level: First
      • Area: 132 Square Feet
      • Dimensions: 12x11
      Kitchen
      • Level: First
      • Area: 96 Square Feet
      • Dimensions: 8x12
      Living room
      • Level: First
      • Area: 238 Square Feet
      • Dimensions: 14x17
      Heating
      • Central, Electric
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Dryer, Electric Water Heater, Ice Maker, Microwave, Range, Refrigerator, Washer
      • Laundry: In Kitchen, Inside
      Features
      • Ceiling Fan(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)
      • Flooring: Ceramic Tile
      • Doors: Sliding Doors, Outdoor Grill, Sliding Doors
      • Windows: Window Treatments
      • Has fireplace: No
      Interior area
      • Total structure area: 1,421
      • Total interior livable area: 1,303 sqft
      Video & virtual tour

      Property

      Parking
      • Parking features: Covered, Guest
      • Has carport: Yes
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Enclosed
      • Exterior features: Courtyard, Irrigation System, Lighting, Outdoor Grill, Rain Gutters, Tennis Court(s)
      • Has view: Yes
      • View description: Water, Intracoastal Waterway
      • Has water view: Yes
      • Water view: Water,Intracoastal Waterway
      • Waterfront features: Bay/Harbor Front, Gulf/Ocean Front, Waterfront, Intracoastal Waterway, Bay/Harbor Access, Gulf/Ocean to Bay Access, Intracoastal Waterway Access
      • Body of water: INTRACOASTAL WATERWAY
      Lot
      • Size: 6.31 Acres
      • Residential vegetation: Mature Landscaping
      Details
      • Parcel number: 0129081011
      • Zoning: RMF1
      • Special conditions: None

      Construction

      Type & style
      • Home type: Condo
      • Property subtype: Condominium
      Materials
      • Block, Stucco
      • Foundation: Slab
      • Roof: Built-Up
      Condition
      • New construction: No
      • Year built: 1979

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: BB/HS Internet Available, Electricity Connected, Public, Sewer Connected, Water Connected

      Community & HOA

      Community
      • Features: Bay/Harbor Front, Dock, Fishing, Gulf/Ocean Front, Intracoastal Waterway, Waterfront, Association Recreation - Owned, Buyer Approval Required, Clubhouse, Community Mailbox, Deed Restrictions, Fitness Center, Pool, Sidewalks, Tennis Court(s)
      • Security: Smoke Detector(s)
      • Pet fee: $0 monthly
      • Subdivision: ISLAND REEF II PH 1 2 & 3
      HOA
      • Has HOA: Yes
      • Amenities included: Clubhouse, Elevator(s), Fitness Center, Lobby Key Required, Pickleball Court(s), Pool, Recreation Facilities, Tennis Court(s), Vehicle Restrictions
      • Services included: Community Pool, Reserve Fund, Insurance, Maintenance Structure, Maintenance Grounds, Maintenance Repairs, Manager, Pest Control, Pool Maintenance, Recreational Facilities, Sewer, Trash, Water
      • HOA fee: $1,033 monthly
      • HOA name: Harbeck Hospitality Management/Joy Stevanich
      • HOA phone: 941-349-2844
      Location
      • Region: Sarasota

      Financial & listing details

      • Price per square foot: $459/sqft
      • Tax assessed value: $442,900
      • Annual tax amount: $5,705
      • Date on market: 11/5/2026
      • Cumulative days on market: 4 days
      • Listing terms: Cash,Conventional
      • Ownership: Condominium
      • Total actual rent: 0
      • Electric utility on property: Yes
      • Road surface type: Asphalt

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        11/5/2026Listed for sale$598,000+42%$459/sqft
        Source: Stellar MLS #A4711539 Report a problem
        10/21/2015Sold$421,000+127.6%$323/sqft
        Source: Public Record Report a problem
        10/7/1998Sold$185,000$142/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$5,706 +1.4%$442,900 +3.8%
        2024$5,627 -3.1%$426,719 +10%
        2023$5,810 +10.2%$387,926 +10%
        2022$5,270 +21.4%$352,660 +10%
        2021$4,342 +2.8%$320,600 +5%
        2020$4,222 -9.2%$305,200 -11.1%
        2019$4,651 $343,200 +0.4%
        2018$4,651 +0.6%$342,000
        2017$4,623 -1.7%$342,000
        2016$4,702 $342,000 +5%
        2015$4,702 $325,800 +18.9%
        2014$4,702 +30.5%$274,000
        2013$3,603 +1.5%$274,000 +0.4%
        2012$3,551 -2%$272,800 -3.5%
        2011$3,625 -4.4%$282,700 -1.8%
        2010$3,793 -17.5%$287,800 -6.6%
        2009$4,599 $308,300 -16.9%
        2008$4,599 -0.6%$371,183 +3%
        2007$4,628 $360,372 +2.5%
        2006-- $351,582 +3%
        2005-- $341,342 +3%
        2004$4,853 -4%$331,400 +7%
        2003$5,053 +21.1%$309,758 +22%
        2002$4,172 +48.8%$253,900 +45%
        2001$2,803 +2.7%$175,129 +3%
        2000$2,728 $170,028
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 34242

        Getting around

        20 / 100
        Car-Dependent
        0 / 100
        No Nearby Transit
        41 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Phillippi Shores Elementary
        • Middle: Brookside Middle
        • High: Sarasota High

        Source: Stellar MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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