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$535,000

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

  • 8767 Midnight Pass Road, Unit 101F, Sarasota, FL 34242 Main Photo

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Description

$50,000 Price Improvement - Now One of the Best Values on Siesta Key. At $535,000, this 1,700+ sq ft Island Reef condo is priced in line with nearby 1,300 sq ft units-creating a rare opportunity to own significantly more space without paying a premium. Located on the quieter south end of Siesta Key, this ground-floor residence overlooks Little Sarasota Bay and offers the kind of easy, coastal living that's increasingly hard to find. The split-bedroom layout features two en suite bedrooms positioned on opposite sides of the condo, plus a half bath and a flexible space ideal for a small home office. Inside, the scale of the home stands out immediately-a massive living area, separate dining room, and an enclosed Florida room that captures peaceful bay and Intracoastal views. Natural light fills the space from morning through mid-day, while ceramic tile flooring throughout keeps maintenance simple and practical. The kitchen is equipped with butcher block countertops, abundant cabinetry, and a full-size layout that supports everyday living or extended stays. A full laundry room with standard-size washer and dryer adds to the convenience. What truly sets this unit apart is its ground-floor accessibility, generous square footage, and a strong track record of staying dry during past storms-an increasingly important consideration for waterfront buyers. Island Reef is a well-maintained, financially sound Gulf-to-Bay community with no upcoming assessments and on-site management. Residents enjoy deeded beach access just a short walk away, along with bayfront boat docks (with lift options), two heated pools, tennis and pickleball courts, fitness center, clubhouse, and an active social calendar. The free Siesta Key trolley stops right in front of the community, providing easy access to Siesta Village, dining, shopping, Turtle Beach, and nearby marinas. Offered turnkey furnished, this is a compelling opportunity for full-time living or seasonal enjoyment-especially for buyers who recognize value when they see it. Schedule your private showing today.

Property Highlights

Property Type: Residential - Condominium
Cooling: Central Air
Heating: Central
Lot Size: 6.31 Acres
Roof Type: Built-Up
Stories: 1.0
Taxes: $9,387
Year Built: 1979

General Information

Bedrooms: 2
Bathrooms: 2 Full 1 Half
Sqft: 1,768
County: Sarasota
Subdivision: ISLAND REEF II
Listed By:
Mike Payne, PA 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
Thermostat
Walk-In Closet(s)
Window Treatments
Balcony
Lighting
Outdoor Grill
Outdoor Shower
Private Mailbox
Rain Gutters
Sliding Doors
Tennis Court(s)

Room Information

Living Room: 25x15
Dining Room: 16x12
Kitchen: 15x9
Primary Bedroom: 16x12
Primary Bathroom: 11x12
Bedroom 2: 21x12
Bathroom 2: 12x13
Florida Room: 12x15
Bathroom 3: 5x5
Office: 13x7

Property Features

Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
Body of Water: LITTLE SARASOTA BAY
Community Features: Association Recreation - Owned, Buyer Approval Required, Clubhouse, Community Mailbox, Fitness Center, Pool, Sidewalks, Tennis Court(s)
Condo Fee: $3100/ Quarterly
Days on Site: 62
Directions: South on Midnight Pass Road. Turn east (bayside) into Island Reef and left around the tennis courts to F building.
Exterior: Concrete, Stucco
Flood Zone Code: AE
Flooring: Ceramic Tile
Foundation: Slab
Frontage Bay Harbor: 100
Frontage ICW: 1000
Frontage Marina: 100
HOA Y/N: Yes
Home Warranty Y/N: No
Listing Terms: Cash, Conventional, FHA, VA Loan
Lot Dimensions: 6.31
Number of Pets: 1
Other Equipment: Irrigation Equipment
Ownership: Condominium
Parking: Covered
Parking Notes: Covered
Patio/Porch: Covered, Enclosed, Screened
Pets Allowed: Cats OK, Dogs OK, Number Limit, Size Limit
Pets Restrictions: One dog only. Weighs less than 30 pounds max. One cat or dog only is permitted per unit. Confirm pet policy for tenants.
Pets Size: Small (16-35 Lbs.)
Pets Weight (Max): 30
Property Attached Y/N: No
Property Sub-Type: Condominium
Security: Smoke Detector(s)
Sewer: Public Sewer
Showing Instructions: Supra Lock Box, Lock Box Electronic, ShowingTime
Special Sale Provisions: None
Special View Info: Water
Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Fire Hydrant, Phone Available, Public, Sewer Connected, Sprinkler Recycled, Water Connected
Vegetation: Mature Landscaping
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 - Partial, Intracoastal Waterway, Marina
Zoning: RMF1
$535,000
2beds
2.5baths
1,768sqft
Active Price Reduced $50,000 on March 27th, 2026
BEDS2 BATHS2 full 1 partial SQUARE FEET1,768 MLS#A4680015
STATUSActive PROPERTY TYPEResidential - Condominium SUBDIVISIONISLAND REEF II

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8767 Midnight Pass Road, Unit 101F, Sarasota, FL 34242.

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Estimated Payment

$ 2,742.76 per month $1,804.47 Principal & Interest $782.25 Property Tax $156.04 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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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 04/01/2026. The listing information on this page last changed on 04/01/2026. 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 Wed 04/01/2026 3:55:37 AM EST) or Stellar MLS (last updated Wed 04/01/2026 1:58:51 AM 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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