Skip To Content

8767 Midnight Pass Road , 403F

Sarasota, FL 34242
  • $680,000
  • STATUS: Active
  • ON SITE: 46 Days
  • MLS #: A4644284
$680,000
  • 2
    BEDS
  • 6.31
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,303
    SQFT
  • $522
    $/SQFT
Type:
Condo
Built:
1979
County:

School Ratings & Info

Description

LUCRATIVE RENTAL INCOME OPPORTUNITY at this rare BEACH-TO-BAY COMMUNITY. Experience the Best of Siesta Key at Island Reef while your investment pays for itself and puts extra income in the bank. This beautifully renovated 4th-floor condo offers views of Little Sarasota Bay and the Intracoastal Waterway. Move-in ready and tastefully furnished, this unit is perfect for personal enjoyment and / or rental income (MONTHLY RENTALS ALLOWED - SEE ATTACHED INCOME ANALYSIS). The modern kitchen features granite countertops, white cabinetry, and seamlessly integrated clothes washer and dryer. The enclosed lanai, with sliding windows, provides a serene space to relax and take in the picturesque bay views. The spacious owner's suite includes a generous walk-in closet. There is an additional spacious bedroom with an extra large closet and this unit has as separate owner's closet to lock away personal belongings when rental guests arrive. Island Reef is a sought-after Gulf-to-Bay community with an array of resort-style amenities, including private beach access, TWO heated pools, tennis and PICKLEBAL courts, a fitness center, clubhouse, grilling patios, shuffleboard, a pool table, video game room, library, and a vibrant social calendar including regular men's and women's golf outings. Boat docks are available on a first-come, first-served basis and the community allows you to INSTALL A BOAT LIFT in your BOAT SLIP. Conveniently located, Island Reef is also just a short walk from three local restaurants, a full service marina with boat storage, boat rentals, and Turtle Beach playground. Plus, the FREE Siesta Key TROLLEY stops right at Island Reef, offering a hassle-free ride to Siesta Beach, Siesta Village, and all the attractions along Midnight Pass Road. Paradise found. ALL SPECIAL ASSESSMENTS ARE PAID. So, what are you waiting for? MIC DROPSchedule your private showing today!

Monthly Payment Calculator




© 2025 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2025-04-27T23:43:41.633.
www.exitkingrealestateteam.com/homes/161374669
Print Image

8767 Midnight Pass Road , 403F Sarasota, FL 34242

  • Price: $680,000
  • Status: Active
  • On Site: 46 Days
  • MLS #: A4644284
2
Beds
2
Baths
0
½ Baths
6.31
Acres
1,303
SQFT
$522
$/SQFT
1979
Built
Neighborhood:
Island Reef II Ph 1 2 & 3
County:
Sarasota
Area:
Sarasota/Crescent Beach/Siesta Key
Property Description
LUCRATIVE RENTAL INCOME OPPORTUNITY at this rare BEACH-TO-BAY COMMUNITY. Experience the Best of Siesta Key at Island Reef while your investment pays for itself and puts extra income in the bank. This beautifully renovated 4th-floor condo offers views of Little Sarasota Bay and the Intracoastal Waterway. Move-in ready and tastefully furnished, this unit is perfect for personal enjoyment and / or rental income (MONTHLY RENTALS ALLOWED - SEE ATTACHED INCOME ANALYSIS). The modern kitchen features granite countertops, white cabinetry, and seamlessly integrated clothes washer and dryer. The enclosed lanai, with sliding windows, provides a serene space to relax and take in the picturesque bay views. The spacious owner's suite includes a generous walk-in closet. There is an additional spacious bedroom with an extra large closet and this unit has as separate owner's closet to lock away personal belongings when rental guests arrive. Island Reef is a sought-after Gulf-to-Bay community with an array of resort-style amenities, including private beach access, TWO heated pools, tennis and PICKLEBAL courts, a fitness center, clubhouse, grilling patios, shuffleboard, a pool table, video game room, library, and a vibrant social calendar including regular men's and women's golf outings. Boat docks are available on a first-come, first-served basis and the community allows you to INSTALL A BOAT LIFT in your BOAT SLIP. Conveniently located, Island Reef is also just a short walk from three local restaurants, a full service marina with boat storage, boat rentals, and Turtle Beach playground. Plus, the FREE Siesta Key TROLLEY stops right at Island Reef, offering a hassle-free ride to Siesta Beach, Siesta Village, and all the attractions along Midnight Pass Road. Paradise found. ALL SPECIAL ASSESSMENTS ARE PAID. So, what are you waiting for? MIC DROPSchedule your private showing today!
Exterior Features

Additional Water Information Beach to Bay Community. Private resort style beach and bayside access included with assignable boat docks that allow boat lifts to be installed. Turtle Beach Marina is less than 1/8 mile and is a full service marina and has boat storage. Carport Spaces 1 Carport Yn Yes Construction Materials ConcreteStucco Covered Spaces 1 Direction Faces North Exterior Features BalconyIrrigation SystemLightingOutdoor GrillOutdoor ShowerPrivate MailboxRain GuttersSliding DoorsTennis Court(s) Foundation Details Slab Other Structures Outdoor KitchenTennis Court(s) Parking Features CoveredGuest Patio And Porch Features EnclosedRear PorchScreenedWrap Around Pool Features GuniteHeatedIn Ground Pool Private Yn Yes Road Surface Type Asphalt Roof Built-Up Spa Features HeatedIn Ground Spa YN Yes View Water Water Access Bay/HarborIntracoastal WaterwayMarina Water Access Yn Yes Water Body Name LITTLE SARASOTA BAY Water Extras Boat PortBridges - No Fixed BridgesLiftRiprapSailboat WaterSkiing Allowed Water Extras Yn Yes Water View Bay/Harbor - FullBay/Harbor - PartialIntracoastal WaterwayMarina Water View Yn Yes Waterfront Features Bay/Harbor FrontGulf/Ocean FrontWaterfrontBay/HarborBeachGulf/Ocean to BayIntracoastal WaterwayMarina Waterfront Feet Total 612 Waterfront Yn Yes

Interior Features

Additional Rooms Inside UtilityStorage Rooms Appliances DishwasherDisposalDryerMicrowaveRangeRefrigeratorWasher Building Area Total 1383 Building Elevator Yn Yes Cooling Central Air Cooling YN Yes Fireplace Yn No Flooring CarpetTile Furnished Furnished Heating Central Heating YN Yes Interior Features Ceiling Fan(s)Living Room/Dining Room ComboOpen FloorplanPrimary Bedroom Main FloorSolid Surface CountersSolid Wood CabinetsSplit BedroomThermostatWalk-In Closet(s) Laundry Features InsideLaundry Closet Levels One Rooms Great Room (No Closet) Kitchen (Breakfast BarPantryBuilt-in Features) Primary Bedroom (Ceiling Fan(s)En Suite BathroomShower No TubWalk-In Closet(s)) Bedroom 2 (Ceiling Fan(s)Built-in Closet) Sewer Public Sewer Stories Total 5 Water Source Public Window Features BlindsDrapesTinted Windows

Property Features

Additional Lease Restrictions Association Approval Process. Approval Process Association Approval Process via Island Reef Manager (Sandy = 941.349.2844) Association Amenities ClubhouseElevator(s)Fitness CenterMaintenancePickleball Court(s)PoolRecreation FacilitiesSecurityShuffleboard CourtSpa/Hot TubTennis Court(s) Association Approval Required Yn Yes Association Fee Includes Community PoolEscrow Reserves FundInsuranceMaintenance StructureMaintenance GroundsManagerPest ControlSecuritySewer Association Montly Maint Amt Add To Hoa 0 Association Yn No Building Name Number F Cdd Yn No Community Features Bay/Harbor FrontBoat SlipDockFishingGulf/Ocean FrontIntracoastal WaterwayMarinaWater AccessWaterfrontAssociation Recreation - OwnedBuyer Approval RequiredClubhouseCommunity MailboxFitness CenterPoolRestaurantSidewalksTennis Court(s) Condo Fee Monthly Amount 1000 Condo Fees 3000 Condo Fees Term Quarterly Condo Land Included Yn Yes Down Payment Resource Yes Flood Zone Code AE Floor Number 4 Garage Yn No Homestead Yn No Lease Considered YN Yes Lease Restrictions YN Yes Listing Terms CashConventionalFHAVA Loan Max Pet Weight 30 Minimum Lease 1 Month New Construction Yn No Number Of Pets 1 Ownership Condominium Pet Restrictions One dog onlywhich at maturity weighs less than 30 poundsor one cat only is permitted per unit. This includes dogs belonging to guests visiting at Island Reef. Pet Size Small (16-35 Lbs.) Pets Allowed Yes Property Attached YN Yes Property Condition Completed Property Sub Type Condominium Realtor Info Assoc approval requiredDocs AvailableFloor Plan AvailableNo SignOwner MotivatedRight of First RefusalSee AttachmentsShort Term Rental Allowed Security Features Smoke Detector(s) Senior Community Yn No Special Listing Conditions None Sw Subdiv Community Name Island Reef Tax Annual Amount 5739.59 Total Annual Fees 12000 Total Monthly Fees 1000 Utilities BB/HS Internet AvailableCable ConnectedElectricity ConnectedFiber OpticsFire HydrantPhone AvailablePublicSewer ConnectedStreet LightsWater Connected Yrs Of Owner Prior To Leasing Re No Zoning RMF1


Listing information © 2025 My Florida Regional MLS DBA Stellar MLS..
Listing provided courtesy of OCEANS GLOBAL REALTY, LLC: 941-444-5444.



© 2025 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2025-04-27T23:43:41.633.
 
https://bt-photos.global.ssl.fastly.net/mfr/orig_boomver_1_A4644284-2.jpg https://bt-photos.global.ssl.fastly.net/mfr/orig_boomver_1_A4644284-2.jpg https://bt-photos.global.ssl.fastly.net/mfr/orig_boomver_1_A4644284-2.jpg
Logo
EXIT King Realty
1804 S. Tamiami Trail
Venice FL, 34293