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Sold for $690,000
  • $690,000

    8773 Midnight Pass Rd APT 502G, Sarasota, FL 34242

    2beds
    1,303sqft
    Condo
    Built in 1981
    -- sqft lot
    $573,400 Zestimate®
    $530/sqft
    $3,441 Estimated rent

    Home value

    $573,400

    $528,000 - $625,000

    $3,441/mo

    Zestimate® history
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    What's special

    The dream of barefoot living is easily attainable at Island Reef on Siesta Key. From this spacious two-bedroom residence, enjoy views of tropical gardens with the white sands of Siesta Key only a short walk-away. Island Reef is one of the island's hidden gems, offering resort-style living from the Gulf of Mexico to Sarasota Bay. This tropical getaway is a true haven of tranquility, outfitted with an open floor plan to relax and enjoy the comforts of home in between outdoor adventures. Relish peace and quiet in one of the two bedrooms with new carpeting. The owner's suite boasts a door to the lanai and a soothing earth-tone inspired bath with walk-in shower. New stainless-steel appliances make cooking a pleasure. Laundry in residence. Assigned carport and guest parking. Pet-friendly. The amenities embrace island luxury with two heated pools, saunas, two lighted tennis courts, pickle ball, billiards, two car wash areas, two fitness room, clubhouse, and gulf side social room, gas grills on grilling patios, bike storage, kayak racks and fishing pier. Steps from the beach on the Gulf of Mexico! Meet new friends with the active social calendar. Enjoy on-site management and maintenance-free living with the ease of being close to all the cultural activities Sarasota has to offer. $1900. quarterly fees. $600. of the $1900. is for reserves. No special assessments current or pending.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • central
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Microwave, Range / Oven, Refrigerator, Washer
    • Laundry: Inside
    Features
    • Ceiling Fans(s), Master Bedroom Downstairs, Walk-In Closet(s), Window Treatments, Open Floorplan, Eating Space In Kitchen, Elevator
    • Flooring: Tile, Carpet
    • Windows: Window Treatments
    Interior area
    • Structure area source: Public Records
    • Total interior livable area: 1,303 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Carport
    Features
    • Levels: One
    • Patio & porch: Enclosed, Screened
    • Exterior features: Stucco
    • Pool features: Heated, Auto Cleaner, In Ground, Lighting
    • Has view: Yes
    • View description: Territorial
    • Waterfront features: Gulf/Ocean, Intracoastal Waterway, Gulf/Ocean to Bay
    • Body of water: INTRACOASTAL WATER WAY
    Lot
    • Features: In County, Street Paved, CoastalConstruction Control Line, FloodZone
    • Residential vegetation: Mature Landscaping
    Details
    • Additional structures: Tennis Court(s)
    • Parcel number: 0129081059
    • Zoning: RMF1

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Traditional
    Materials
    • masonry
    • Foundation: Piers
    • Roof: Built-up
    Condition
    • Completed
    • Year built: 1981

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, BB/HS Internet Available, Cable Connected, Electricity Connected, Sprinkler Well, Street Lights, Sprinkler Recycled, Electricity Available, Phone Available, Water Available

    Community & HOA

    Community
    • Security: Smoke Detector(s)
    • Subdivision: ISLAND REEF II PH 1 2 & 3
    HOA
    • Has HOA: Yes
    • Amenities included: Recreation Facilities, Tennis Court(s), Fitness Center, Laundry, Elevators, Vehicle Restrictions, Dock, Boat Slip, Maintenance, Shuffleboard Court, Cable, Clubhouse, Pool, Sauna, Lobby Key Required
    • Services included: Cable TV, Maintenance Grounds, Private Road, Recreational Facilities, Trash, Escrow Reserves Fund, Insurance, Maintenance Exterior, Pest Control, Sewer, Water, Community Pool, Manager, Electricity, Fidelity Bond, Common Area Taxes, Pool Maintenance
    • HOA fee: $633 monthly
    Location
    • Region: Sarasota

    Financial & listing details

    • Price per square foot: $530/sqft
    • Tax assessed value: $419,500
    • Annual tax amount: $5,009

    Price history

    DateEventPrice
    10/31/2023Sold$690,000+59.7%$530/sqft
    Source: Public Record Report a problem
    1/2/2020Sold$432,000-1.6%$332/sqft
    Source: Public Record Report a problem
    11/4/2019Pending sale$439,000$337/sqft
    Source: Michael Saunders & Company - Licensed Real Estate Broker #A4433918 Report a problem
    9/24/2019Price change$439,000-2.2%$337/sqft
    Source: Michael Saunders & Company - Licensed Real Estate Broker #A4433918 Report a problem
    8/20/2019Price change$449,000-2.2%$345/sqft
    Source: Michael Saunders & Company - Licensed Real Estate Broker #A4433918 Report a problem
    4/19/2019Listed for sale$459,000+2%$352/sqft
    Source: MICHAEL SAUNDERS & COMPANY #A4433918 Report a problem
    7/11/2018Listing removed$449,895$345/sqft
    Source: MLSTOSELL.COM INC #W7800572 Report a problem
    6/27/2018Price change$449,895+2.5%$345/sqft
    Source: MLSTOSELL.COM INC #W7800572 Report a problem
    5/11/2018Price change$438,8000%$337/sqft
    Source: MLSTOSELL.COM INC #W7800572 Report a problem
    4/30/2018Price change$438,9000%$337/sqft
    Source: MLSTOSELL.COM INC #W7800572 Report a problem
    3/13/2018Price change$439,000-2.2%$337/sqft
    Source: Michael Saunders & Company - Licensed Real Estate Broker Report a problem
    2/9/2018Price change$449,000-1.8%$345/sqft
    Source: Michael Saunders & Company - Licensed Real Estate Broker Report a problem
    11/11/2017Price change$457,000+2.2%$351/sqft
    Source: Michael Saunders & Company - Licensed Real Estate Broker Report a problem
    7/28/2017Price change$447,000-0.6%$343/sqft
    Source: Michael Saunders & Company - Licensed Real Estate Broker Report a problem
    2/11/2017Listed for sale$449,900+15.4%$345/sqft
    Source: Michael Saunders & Company - Licensed Real Estate Broker Report a problem
    2/26/2016Sold$390,000-2.5%$299/sqft
    Source: Stellar MLS #A4139053 Report a problem
    1/25/2016Pending sale$399,900$307/sqft
    Source: Michael Saunders & Company - Licensed Real Estate Broker Report a problem
    1/6/2016Price change$399,900-4.6%$307/sqft
    Source: Michael Saunders & Company - Licensed Real Estate Broker Report a problem
    12/9/2015Listed for sale$419,000+19.7%$322/sqft
    Source: Michael Saunders & Company - Licensed Real Estate Broker Report a problem
    1/2/2012Listing removed$350,000$269/sqft
    Source: Owner Report a problem
    11/3/2011Listed for sale$350,000+0.3%$269/sqft
    Source: Owner Report a problem
    7/7/2011Listing removed$349,000$268/sqft
    Source: Michael Saunders & Company - Licensed Real Estate Broker Report a problem
    3/9/2011Price change$349,000-12.5%$268/sqft
    Source: Michael Saunders & Company - Licensed Real Estate Broker Report a problem
    1/7/2011Listed for sale$399,000+115.7%$306/sqft
    Source: Michael Saunders & Company - Licensed Real Estate Broker Report a problem
    12/30/1998Sold$185,000$142/sqft
    Source: Public Record Report a problem
    4/10/1995Sold$185,000$142/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,009 -18.4%$419,500 -19.4%
    2024$6,140 +50.2%$520,500 +50.5%
    2023$4,089 +3.1%$345,777 +3%
    2022$3,967 +6.6%$335,706 +9.7%
    2021$3,722 -0.2%$306,025 +1.4%
    2020$3,730 -10.7%$301,800 -1.1%
    2019$4,177 $305,100 -6%
    2018$4,177 -5.2%$324,500
    2017$4,404 -1.7%$324,500
    2016$4,480 $324,500 +5%
    2015$4,480 $309,100 +18.9%
    2014$4,480 +14.9%$259,900
    2013$3,898 +1.4%$259,900 +0.5%
    2012$3,844 -1.6%$258,700 -3.5%
    2011$3,906 +55.3%$268,000 +38.7%
    2010$2,514 +9.9%$193,223 +2.7%
    2009$2,288 $188,143 +0.1%
    2008$2,288 -3.5%$187,955 +3%
    2007$2,370 $182,481 +2.5%
    2006-- $178,030 +3%
    2005-- $172,845 +3%
    2004$2,445 -0.9%$167,811 +1.9%
    2003$2,467 +3%$164,682 +2.4%
    2002$2,394 +8.1%$160,822 +1.6%
    2001$2,214 +3.3%$158,289 +3%
    2000$2,143 $153,679
    Find assessor info on the county website

    Neighborhood: 34242

    Nearby schools

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

    Source: The 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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    Estimated market value
    $573,400
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $573,400