A rare top floor opportunity in a quiet corner of Island Reef. Stunning views of Little Sarasota Bay and the Gulf from the always-shaded lanai or balcony where sunrises and sunsets are easily visible this time of year. Renovated from top to bottom, this is one of the few units with "Impact Glass" already installed in the lanai. This is a true turn-key opportunity allows you to move in immediately and start enjoying this little corner of paradise. Kitchen features granite countertops, and the unit includes an in-residence laundry. Furnished and complete with a carport! Island Reef is a serene waterfront community, and one of the few Gulf-to-Bay communities that offers many desirable amenities including a beach, boat docks (lifts allowed), two lit tennis courts, pickleball, two fitness rooms, kayak storage, a library, billiards, a game room, a clubhouse, two heated pools and gas grills. Pet friendly! Tropical gardens enhance the appeal of Island Reef and this wonderful community, conveniently located near two of Siesta Key's popular restaurants. A complimentary trolley provides access to Siesta beach, Siesta Village offering dining, shopping, ice cream, mini donuts, cute brunch spots, dancing, and live music every night of the week.
For sale
$750,000
8779 Midnight Pass Rd APT 502H, Sarasota, FL 34242
2beds
1,303sqft
Est.:
Condominium
Built in 1980
-- sqft lot
$-- Zestimate®
$576/sqft
$1,033/mo HOA
What's special
Two lit tennis courtsTropical gardensGas grillsTwo heated poolsIn-residence laundryAlways-shaded lanai or balconyKitchen features granite countertops
- 55 days |
- 247 |
- 6 |
Zillow last checked: 8 hours ago
Listing updated: January 18, 2026 at 12:10pm
Listing Provided by:
Marlene Marshall 941-539-8850,
MICHAEL SAUNDERS & COMPANY 941-349-3444,
George Marshall 941-961-3221,
MICHAEL SAUNDERS & COMPANY
Source: Stellar MLS,MLS#: A4673776
Originating MLS: Sarasota - Manatee
Originating MLS: Sarasota - Manatee
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: Utility Room, Storage Rooms
Primary bedroom
- Features: Walk-In Closet(s)
- Level: First
- Dimensions: 12x16.6
Bedroom 2
- Features: Built-in Closet
- Level: First
- Dimensions: 11.6x14.8
Dining room
- Level: First
- Dimensions: 10.6x12
Kitchen
- Level: First
- Area: 280 Square Feet
- Dimensions: 14x20
Living room
- Level: First
- Dimensions: 14.4x17.6
Heating
- Central, Electric
Cooling
- Central Air
Appliances
- Included: Dishwasher, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer
- Laundry: Electric Dryer Hookup, Inside, Washer Hookup
Features
- Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Split Bedroom, Stone Counters, Thermostat, Walk-In Closet(s)
- Flooring: Carpet, Tile
- Doors: Outdoor Grill, Outdoor Shower
- Windows: Window Treatments
- Has fireplace: No
- Furnished: Yes
Interior area
- Total structure area: 1,421
- Total interior livable area: 1,303 sqft
Video & virtual tour
Property
Parking
- Total spaces: 1
- Parking features: Guest
- Carport spaces: 1
Features
- Levels: One
- Stories: 1
- Exterior features: Irrigation System, Lighting, Outdoor Grill, Outdoor Shower, Private Entrance, Sauna, Sidewalk, Sprinkler Metered, Tennis Court(s)
- Pool features: Auto Cleaner, Heated, In Ground, Lighting, Self Cleaning
- Has view: Yes
- View description: Bay/Harbor - Full, Intracoastal Waterway
- Has water view: Yes
- Water view: Bay/Harbor - Full,Intracoastal Waterway
- Waterfront features: Bay/Harbor Front, Gulf/Ocean Front, Waterfront, Bay/Harbor, Beach, Bay/Harbor Access, Beach Access, Gulf/Ocean Access, Gulf/Ocean to Bay Access, Intracoastal Waterway Access, Fishing Pier
- Body of water: INTERCOASTAL WATERWAY
Lot
- Size: 6.31 Acres
- Features: CoastalConstruction Control Line, Flood Insurance Required, FloodZone, In County, Landscaped, Private, Sidewalk
- Residential vegetation: Mature Landscaping
Details
- Additional structures: Tennis Court(s)
- Parcel number: 0129081088
- Zoning: RMF1
- Special conditions: None
Construction
Type & style
- Home type: Condo
- Architectural style: Traditional
- Property subtype: Condominium
Materials
- Stucco
- Foundation: Other
- Roof: Other
Condition
- New construction: No
- Year built: 1980
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: BB/HS Internet Available, Cable Available, Cable Connected, Electricity Available, Electricity Connected, Phone Available, Sewer Available, Sewer Connected, Sprinkler Well, Street Lights, Water Available, Water Connected
Community & HOA
Community
- Features: Bay/Harbor Front, Boat Slip, Dock, Fishing, Gulf/Ocean Front, Intracoastal Waterway, Water Access, Waterfront, Association Recreation - Owned, Buyer Approval Required, Clubhouse, Fitness Center, Pool, Sidewalks, Tennis Court(s)
- Security: Smoke Detector(s)
- Subdivision: ISLAND REEF II PH 1 2 & 3
HOA
- Has HOA: Yes
- Amenities included: Cable TV, Clubhouse, Elevator(s), Fitness Center, Laundry, Maintenance, Pickleball Court(s), Pool, Sauna, Shuffleboard Court, Tennis Court(s)
- Services included: Cable TV, Common Area Taxes, Community Pool, Electricity, Internet, Maintenance Structure, Maintenance Grounds, Manager, Pest Control, Pool Maintenance, Private Road, Recreational Facilities, Sewer, Trash, Water
- HOA fee: $1,033 monthly
- HOA name: Island Reef Condominium Association
- HOA phone: 941-349-2844
- Second HOA name: Island Reef
- Pet fee: $0 monthly
Location
- Region: Sarasota
Financial & listing details
- Price per square foot: $576/sqft
- Tax assessed value: $464,700
- Annual tax amount: $5,824
- Date on market: 12/12/2025
- Cumulative days on market: 56 days
- Listing terms: Cash,Conventional
- Ownership: Condominium
- Total actual rent: 0
- Electric utility on property: Yes
- Road surface type: Brick, Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 12/12/2025 | Listed for sale | $750,000+92.3%$576/sqft |
Source:  Stellar MLS #A4673776 Report a problem | ||
| 3/18/2012 | Listing removed | $4,500$3/sqft |
Source: WAGNER REALTY #A3955612 Report a problem | ||
| 2/8/2012 | Listed for rent | $4,500$3/sqft |
Source: Wagner Realty #A3955612 Report a problem | ||
| 10/30/2009 | Sold | $390,000-8%$299/sqft |
Source: Stellar MLS #A3910265 Report a problem | ||
| 7/11/2009 | Listed for sale | $424,000+58.2%$325/sqft |
Source: Michael Saunders & Companyr #3910265 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $464,700 +5.4% |
| 2024 | $5,825 -2.6% | $440,827 +10% |
| 2023 | $5,981 +9.9% | $400,752 +10% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$5,690/mo
Principal & interest
$3600
HOA Fees
$1033
Other costs
$1056
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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