Rare ground-floor ISLAND REEF condo overlooking LITTLE SARASOTA BAY. 2-bedroom, 2.5 bathroom split plan with 1,768 SF of living space. One of South Siesta Key’s best values. Located on quieter South Siesta Key, this Gulf-to-Bay community offers deeded beach access and a short walk to a large private Gulf beach. Enjoy bay-side boat docks with the option to add a boat lift for true beach-to-bay living. ISLAND REEF delivers a resort-style lifestyle with two heated pools, tennis and pickleball courts, fitness center, clubhouse, grilling patios, shuffleboard, game room, library, and an active social calendar. The community is well maintained, financially sound, has no new assessments, and features on-site property management. Free Siesta Key trolley stops are right in front, with easy access to Siesta Village, dining, shopping, Turtle Beach, and a full-service marina. This unit stands apart with ground-floor convenience, peaceful bay views, and a strong history of staying dry during storms. Move-in ready and turnkey furnished. The rare split-plan layout offers two en suite bedrooms on opposite sides of the condo, huge walk-in closets, and a small home office. The full-size kitchen features granite countertops and abundant cabinetry. There is a separate dining room, massive living room, all-season Florida room, and regular-size washer and dryer. Ceramic tile flows throughout for easy maintenance, while natural light fills the living areas from morning through mid-day for a bright, breezy coastal feel. The enclosed lanai with sliding windows showcases LITTLE SARASOTA BAY and Intracoastal views—ideal for slow mornings, winding down after the beach, and watching boats drift by at dusk. Ideal for full-time living or seasonal enjoyment. A true South Siesta Key gem. Schedule your private showing today.
For sale
$725,000
8767 Midnight Pass Rd APT 101F, Sarasota, FL 34242
2beds
1,768sqft
Est.:
Condominium
Built in 1979
-- sqft lot
$879,700 Zestimate®
$410/sqft
$1,033/mo HOA
What's special
Bay-side boat docksDeeded beach accessSmall home officePeaceful bay viewsOverlooking little sarasota bayAll-season florida roomGround-floor convenience
- 8 hours |
- 295 |
- 5 |
Zillow last checked: 8 hours ago
Listing updated: 16 hours ago
Listing Provided by:
Mike Payne, PA 941-928-8145,
BRIGHT REALTY 941-552-6036,
Zach Payne 941-444-1245,
BRIGHT REALTY
Source: Stellar MLS,MLS#: A4680015
Originating MLS: Sarasota - Manatee
Originating MLS: Sarasota - Manatee
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Primary bedroom
- Features: Walk-In Closet(s)
- Level: First
- Area: 192 Square Feet
- Dimensions: 16x12
Bedroom 2
- Features: Ceiling Fan(s), Walk-In Closet(s)
- Level: First
- Area: 252 Square Feet
- Dimensions: 21x12
Primary bathroom
- Features: Dual Sinks, En Suite Bathroom, Exhaust Fan, Shower No Tub, Stone Counters, Linen Closet
- Level: First
- Area: 132 Square Feet
- Dimensions: 11x12
Bathroom 2
- Features: Single Vanity, Stone Counters, Tub With Shower
- Level: First
- Area: 156 Square Feet
- Dimensions: 12x13
Bathroom 3
- Features: Exhaust Fan, Sink - Pedestal
- Level: First
- Area: 25 Square Feet
- Dimensions: 5x5
Dining room
- Level: First
- Area: 192 Square Feet
- Dimensions: 16x12
Florida room
- Level: First
- Area: 180 Square Feet
- Dimensions: 12x15
Kitchen
- Level: First
- Area: 135 Square Feet
- Dimensions: 15x9
Living room
- Features: Ceiling Fan(s)
- Level: First
- Area: 375 Square Feet
- Dimensions: 25x15
Office
- Level: First
- Area: 91 Square Feet
- Dimensions: 13x7
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
- Laundry: Inside
Features
- Ceiling Fan(s), Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Solid Surface Counters, Solid Wood Cabinets, Thermostat, Walk-In Closet(s)
- Flooring: Ceramic Tile
- Doors: Outdoor Grill, Outdoor Shower, Sliding Doors
- Windows: Window Treatments
- Has fireplace: No
- Furnished: Yes
Interior area
- Total structure area: 1,973
- Total interior livable area: 1,768 sqft
Property
Parking
- Total spaces: 1
- Parking features: Covered
- Carport spaces: 1
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Enclosed, Screened
- Exterior features: Balcony, Irrigation System, Lighting, Outdoor Grill, Outdoor Shower, Private Mailbox, Rain Gutters, Tennis Court(s)
- Has view: Yes
- View description: Bay/Harbor - Partial, Intracoastal Waterway, Marina
- Has water view: Yes
- Water view: 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
- Size: 6.31 Acres
- Residential vegetation: Mature Landscaping
Details
- Parcel number: 0129081001
- Zoning: RMF1
- Special conditions: None
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
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, Fire Hydrant, Phone Available, Public, Sewer Connected, Sprinkler Recycled, 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, Sidewalks, Tennis Court(s)
- Security: Smoke Detector(s)
- Subdivision: ISLAND REEF II PH 1 2 & 3
HOA
- Has HOA: Yes
- Services included: Community Pool, Reserve Fund, Insurance, Maintenance Structure, Maintenance Grounds, Maintenance Repairs, Manager, Pest Control, Pool Maintenance, Private Road, Recreational Facilities, Security, Sewer
- HOA fee: $1,033 monthly
- HOA name: Joy Stevanovich
- HOA phone: 727-386-5575
- Pet fee: $0 monthly
Location
- Region: Sarasota
Financial & listing details
- Price per square foot: $410/sqft
- Tax assessed value: $752,700
- Annual tax amount: $9,387
- Date on market: 1/29/2026
- Listing terms: Cash,Conventional,FHA,VA Loan
- Ownership: Condominium
- Total actual rent: 0
- Electric utility on property: Yes
- Road surface type: Asphalt
Estimated market value
$879,700
$774,000 - $1.00M
$5,922/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 1/29/2026 | Listed for sale | $725,000+31.8%$410/sqft |
Source:  Stellar MLS #A4680015 Report a problem | ||
| 3/19/2008 | Sold | $550,000$311/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $752,700 -0.3% |
| 2024 | $9,449 -7.1% | $755,209 +10% |
| 2023 | $10,169 +10.5% | $686,554 +10% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$5,471/mo
Principal & interest
$3417
HOA Fees
$1033
Other costs
$1021
Climate risks
Neighborhood: 34242
Nearby schools
GreatSchools rating
- 9/10Phillippi Shores Elementary SchoolGrades: PK-5Distance: 4.4 mi
- 6/10Brookside Middle SchoolGrades: 6-8Distance: 5.4 mi
- 5/10Sarasota High SchoolGrades: 9-12Distance: 7.1 mi
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