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$590,000

8767 Midnight Pass Road Sarasota, FL 34242 Residential - Condominium Active

  • 8767 Midnight Pass Road, Unit 403F, Sarasota, FL 34242 Main Photo

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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.

Property Highlights

Property Type: Residential - Condominium
Cooling: Central Air
Heating: Central
Roof Type: Built-Up
Stories: 5.0
Taxes: $5,739
Year Built: 1979

General Information

Bedrooms: 2
Bathrooms: 2 Full
Sqft: 1,303
County: Sarasota
Subdivision: ISLAND REEF II
Listed By:
John Brink BRIGHT REALTY 941-552-6036

Amenities

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)
Balcony
Lighting
Outdoor Grill
Outdoor Shower
Private Mailbox
Rain Gutters
Sliding Doors
Tennis Court(s)

Property Features

Additional Rooms: Inside Utility, Storage Rooms
Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
Association Amenities: Clubhouse, Elevator(s), Fitness Center, Maintenance, Pickleball Court(s), Pool, Recreation Facilities, Security, Shuffleboard Court, Spa/Hot Tub, Tennis Court(s)
Body of Water: LITTLE SARASOTA BAY
Community Features: Association Recreation - Owned, Buyer Approval Required, Clubhouse, Community Mailbox, Fitness Center, Pool, Restaurant, Sidewalks, Tennis Court(s), Street Lights
Condo Fee: $3000/ Quarterly
Days on Site: 100
Directions: South on Midnight Pass Road. Turn east towards the bayside into the Island Reef community, turn left to go to the F Building and park in carport #403F. Lockboxes are located near the mailboxes beside the elevator.
Exterior: Concrete, Stucco
Flood Zone Code: AE
Flooring: Carpet, Tile
Foundation: Slab
Frontage Bay Harbor: 100
Frontage Gulf Ocean: 256
Frontage ICW: 1000
Frontage Marina: 100
Home Warranty Y/N: No
Hot Tub: Yes
Listing Terms: Cash, Conventional, FHA, VA Loan
Number of Pets: 1
Other Equipment: Irrigation Equipment, Intercom
Other Structures: Outdoor Kitchen, Tennis Court(s)
Ownership: Condominium
Parking: Covered, Guest
Parking Notes: Covered, Guest
Patio/Porch: Enclosed, Rear Porch, Screened, Wrap Around
Pets Allowed: Yes
Pets Restrictions: One dog only, which at maturity weighs less than 30 pounds, or one cat only is permitted per unit.This includes dogs belonging to guests visiting at Island Reef.
Pets Size: Small (16-35 Lbs.)
Pets Weight (Max): 30
Pool: Gunite, Heated, In Ground
Property Attached Y/N: Yes
Property Sub-Type: Condominium
Security: Smoke Detector(s)
Sewer: Public Sewer
Showing Instructions: Appointment Only, Combination Lock Box, See Remarks, ShowingTime
Spa: Heated, In Ground
Special Sale Provisions: None
Special View Info: Water
Swimming Pool: Yes
Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Fiber Optics, Fire Hydrant, Phone Available, Public, Sewer Connected, Water Connected
Vegetation: Mature Landscaping, Trees/Landscaped
Water: Public
Water Access: Bay/Harbor, Intracoastal Waterway, Marina
Water Access Y/N: Yes
Waterfront Features: Bay/Harbor, Beach Front, Gulf/Ocean to Bay, Intracoastal Waterway, Marina in Community, Boat Port, Bridges - No Fixed Bridges, Lift, Riprap, Sailboat Water, Skiing Allowed
Water View: Bay/Harbor - Full, Bay/Harbor - Partial, Intracoastal Waterway, Marina
Windows: Blinds, Drapes, Tinted Windows
Zoning: RMF1
$590,000
2beds
2.0baths
1,303sqft
Active
BEDS2 BATHS2 full SQUARE FEET1,303 MLS#A4673053
STATUSActive PROPERTY TYPEResidential - Condominium SUBDIVISIONISLAND REEF II

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8767 Midnight Pass Road, Unit 403F, Sarasota, FL 34242.

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Estimated Payment

$ 2,640.30 per month $1,989.97 Principal & Interest $478.25 Property Tax $172.08 Homeowner's Insurance

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About this area

Florida/Sarasota
Sarasota

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About Sarasota

Sarasota, FL is a cultural gem. Once home to the Ringling Brothers Circus, Sarasota boasts a rich arts scene that brings people from all over the area to enjoy world-class theater, music, and other performing arts. Sarasota is also a haven with spectacular scenery, turquoise water and white sandy beaches. It offers a delightful downtown with a variety of small boutiques and exceptional restaurants. With its dynamic culture and arts scene and incredible natural beauty, Sarasota is a wonderful place to call “home.” 

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About this community

Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 03/03/2026. The listing information on this page last changed on 03/03/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Tue 03/03/2026 12:02:44 AM EST) or Stellar MLS (last updated Mon 03/02/2026 11:44:09 PM EST). Real estate listings held by brokerage firms other than Wagner Realty may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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