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Sold for $570,000
    • $570,000

    8767 MIDNIGHT PASS ROAD #403F, SARASOTA, FL 34242

    2beds
    1,303sqft
    Condominium
    Built in 1979
    -- sqft lot
    $564,700 Zestimate®
    $437/sqft
    $3,172 Estimated rent

    Home value

    $564,700

    $514,000 - $621,000

    $3,172/mo

    Zestimate® history
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    What's special

    Granite countertopsLarge private gulf beachTwo heated poolsTennis and pickleball courtsModern kitchenCrisp white cabinetryGrilling patios
    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    John Brink 941-928-5555,

    BRIGHT REALTY 941-552-6036

    Bought with:

    Betsy de Manio, 0413658

    COLDWELL BANKER REALTY

    Jackie de Manio Eberley, 3421725

    COLDWELL BANKER REALTY

    Source: Stellar MLS,MLS#: A4673053MLS LogoOriginating MLS: Sarasota - Manatee

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Rooms
    • Room types: Utility Room, Storage Rooms
    Primary bedroom
    • Features: Ceiling Fan(s), En Suite Bathroom, Shower No Tub, Walk-In Closet(s)
    • Level: First
    Bedroom 2
    • Features: Ceiling Fan(s), Built-in Closet
    • Level: First
    Great room
    • Features: No Closet
    • Level: First
    Kitchen
    • Features: Breakfast Bar, Pantry, Built-in Features
    • Level: First
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
    • Laundry: Inside, Laundry Closet
    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: Carpet, Tile
    • Doors: Outdoor Grill, Outdoor Shower, Sliding Doors
    • Windows: Blinds, Drapes
    • Has fireplace: No
    • Furnished: Yes
    Interior area
    • Total structure area: 1,383
    • Total interior livable area: 1,303 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Covered, Guest
    • Carport spaces: 1
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Enclosed, Rear Porch, Screened, Wrap Around
    • Exterior features: Balcony, Irrigation System, Lighting, Outdoor Grill, Outdoor Shower, Private Mailbox, Rain Gutters, Tennis Court(s)
    • Has private pool: Yes
    • Pool features: Gunite, Heated, In Ground
    • Has spa: Yes
    • Spa features: Heated, In Ground
    • Has view: Yes
    • View description: Water, Bay/Harbor - Full, Bay/Harbor - Partial, Intracoastal Waterway, Marina
    • Has water view: Yes
    • Water view: Water,Bay/Harbor - Full,Bay/Harbor - Partial,Intracoastal Waterway,Marina
    • Waterfront features: Bay/Harbor Front, Gulf/Ocean Front, Waterfront, Bay/Harbor, Beach, Gulf/Ocean to Bay, Intracoastal Waterway, Marina, Bay/Harbor Access, Intracoastal Waterway Access, Marina Access, Boat Port, Bridges - No Fixed Bridges, Lift, Riprap, Sailboat Water, Skiing Allowed
    • Body of water: LITTLE SARASOTA BAY
    Lot
    • Residential vegetation: Mature Landscaping, Trees/Landscaped
    Details
    • Additional structures: Outdoor Kitchen, Tennis Court(s)
    • Parcel number: 0129081023
    • Zoning: RMF1
    • Special conditions: None

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Materials
    • Concrete, Stucco
    • Foundation: Slab
    • Roof: Built-Up
    Condition
    • Completed
    • New construction: No
    • Year built: 1979

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: BB/HS Internet Available, Cable Connected, Electricity Connected, Fiber Optics, Fire Hydrant, Phone Available, Public, Sewer Connected, Street Lights, Water Connected

    Community & HOA

    Community
    • Features: Bay/Harbor Front, Boat Slip, Dock, Fishing, Gulf/Ocean Front, Intracoastal Waterway, Marina, Water Access, Waterfront, Association Recreation - Owned, Buyer Approval Required, Clubhouse, Community Mailbox, Fitness Center, Pool, Restaurant, Sidewalks, Tennis Court(s)
    • Security: Smoke Detector(s)
    • Pet fee: $0 monthly
    • Subdivision: ISLAND REEF II PH 1 2 & 3
    HOA
    • Has HOA: No
    • Amenities included: Clubhouse, Elevator(s), Fitness Center, Maintenance, Pickleball Court(s), Pool, Recreation Facilities, Security, Shuffleboard Court, Spa/Hot Tub, Tennis Court(s)
    • Services included: Community Pool, Reserve Fund, Insurance, Maintenance Structure, Maintenance Grounds, Manager, Pest Control, Security, Sewer
    • HOA fee: $1,000 monthly
    Location
    • Region: Sarasota

    Financial & listing details

    • Price per square foot: $437/sqft
    • Tax assessed value: $455,900
    • Annual tax amount: $5,739
    • Date on market: 11/22/2025
    • Cumulative days on market: 123 days
    • Listing terms: Cash,Conventional,FHA,VA Loan
    • Ownership: Condominium
    • Total actual rent: 0
    • Electric utility on property: Yes
    • Road surface type: Asphalt

    Price history

    DateEventPrice
    5/1/2026Sold$570,000-3.4%$437/sqft
    Source: Stellar MLS #A4673053 Report a problem
    3/26/2026Pending sale$590,000$453/sqft
    Source: Stellar MLS #A4673053 Report a problem
    2/9/2026Price change$590,000-4.8%$453/sqft
    Source: Stellar MLS #A4673053 Report a problem
    11/22/2025Listed for sale$620,000-8.8%$476/sqft
    Source: Stellar MLS #A4673053 Report a problem
    7/27/2025Listing removed$680,000$522/sqft
    Source: Stellar MLS #A4644284 Report a problem
    4/6/2025Price change$680,000-6.2%$522/sqft
    Source: Stellar MLS #A4644284 Report a problem
    3/12/2025Listed for sale$725,000+105.4%$556/sqft
    Source: Stellar MLS #A4644284 Report a problem
    5/8/2013Sold$353,000-6.9%$271/sqft
    Source: Public Record Report a problem
    12/29/2012Listed for sale$379,000$291/sqft
    Source: Signature Sotheby's International Realty #A3970723 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,855 +2%$455,900 +4.9%
    2024$5,740 -2.5%$434,572 +10%
    2023$5,888 +9.9%$395,065 +10%
    2022$5,358 +21.4%$359,150 +10%
    2021$4,414 +2.9%$326,500 +5.2%
    2020$4,287 -9.3%$310,400 -11.1%
    2019$4,725 $349,200 -0.4%
    2018$4,725 -0.1%$350,600
    2017$4,730 -1.7%$350,600
    2016$4,809 $350,600 +5%
    2015$4,809 $333,900 +18.9%
    2014$4,809 +15%$280,800
    2013$4,181 +55%$280,800 +34.2%
    2012$2,698 +4.7%$209,292 +3%
    2011$2,576 -1%$203,196 +1.5%
    2010$2,602 +10%$200,193 +2.7%
    2009$2,367 $194,930 +0.1%
    2008$2,367 -3.3%$194,735 +3%
    2007$2,447 $189,063 +2.5%
    2006-- $184,452 +3%
    2005-- $179,080 +3%
    2004$2,527 -0.9%$173,864 +1.9%
    2003$2,550 +2.3%$170,622 +2.4%
    2002$2,491 +8.9%$166,623 +1.6%
    2001$2,287 +3.3%$163,999 +3%
    2000$2,215 $159,222
    Find assessor info on the county website

    Neighborhood: 34242

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    Estimated market value
    $564,700
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    Estimated market value
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