8767 Midnight Pass Rd # 403F, Sarasota, FL 34242
$725,000
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Home 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 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. MIC DROP…Schedule your private showing today!
- MLS #: A4644284
- Address: 8767 Midnight Pass Rd # 403F
- Unit Num: 403F
- Levels: One
- City: Sarasota
- Zip: 34242
- County: Sarasota
- Subdivision: Island Reef
- Community Features: Association Recreation - Owned,Buyer Approval Required,Clubhouse,Community Mailbox,Fitness Center,Pool,Restaurant,Sidewalks,Tennis Courts
- Private Pool: True
- Pool Features: Gunite,Heated,In Ground
- Spa Features: Heated,In Ground
- Water View: Bay/Harbor - Full,Intracoastal Waterway,Marina
- Water Name: LITTLE SARASOTA BAY
- Water Frontage: Bay/Harbor,Beach Front,Gulf/Ocean to Bay,Intracoastal Waterway,Marina
- Water Feet: 612
- Water Extras: Boat Port,Bridges - No Fixed Bridges,Lift,Riprap,Sailboat Water,Skiing Allowed
- Water Access: Bay/Harbor,Intracoastal Waterway,Marina
- Interior Features: 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)
- Appliances: Dishwasher,Disposal,Dryer,Microwave,Range,Refrigerator,Washer
- Floor Covering: Carpet,Tile
- Kitchen Features: Breakfast Bar,Closet Pantry,Desk Built-In
- Additional Rooms: Inside Utility,Storage Rooms
- Exterior Features: Balcony,Irrigation System,Lighting,Outdoor Grill,Outdoor Shower,Private Mailbox,Rain Gutters,Sliding Doors,Tennis Court(s)
- Exterior Contruction: Concrete,Stucco
- Foundation: Slab
- Front Exposure: North
- Roof: Built-Up
- Building Sqft: 1383
Available now at $725,000
Approximate Room Sizes / Descriptions
| Great Room | | First | Carpet |
| Kitchen | | First | Ceramic Tile |
| Primary Bedroom | | First | Carpet |
| Bedroom 2 | | First | Carpet |
- Garage: False
- Garage Spaces: 0
- Garage Feature: Covered,Guest
- Carport: True
- Carport Spaces: 1
- Air Conditioning: Central Air
- Heating: Central
- Utilities: BB/HS Internet Available,Cable Connected,Electricity Connected,Fiber Optics,Fire Hydrant,Phone Available,Public,Sewer Connected,Street Lights,Water Connected
- Lot Sqft: 274901.00
- Lot Acres: 6.3100
- Total Acre: 5 to less than 10
- Lot Num: 1
- Style: Condominium
- Property Desc: Mid Rise
- Monthly Maintenance: $0
- Maintenance Includes: Escrow Reserves Fund,Insurance,Maintenance Grounds,Maintenance Structure,Management,Pest Control,Pool,Security,Sewer
- Monthly Condo Maintenance Fee: $1,000
- Building Num Floors: 5
- Building Name Number: F
- Condo Floor Number: 4
- Pets Allowed: Yes
- Pet 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.
- Pet Size: Small (16-35 Lbs.)
- Num Pets: 1
- Max Pet Weight: 30
Neighborhood
The average asking price of a 2 bedroom Sarasota condo in this zip code is
$907,435 (25.2% more than this home).
This condo is priced at $556/sqft,
which is 31.0% less than similar condos
in the 34242 zip code.
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Financial
- Approx Payment:$3,527*
- Taxes:$5,740
Area Stats
These statistics are updated daily from the My Florida Regional MLS. For further analysis or
to obtain statistics not shown below please call EasyStreet Realty at
(941) 445-3138 and speak with one of our real estate consultants.
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Listing Courtesy of OCEANS GLOBAL REALTY, LLC.
For information or to schedule a viewing of this property (MLS# A4644284), call: 941-445-3138
8767 Midnight Pass Rd # 403F, Sarasota FL is a condo of 1303 sqft and
is currently priced at $725,000
.
This condo has 2 bedrooms.
A comparable condo for sale at 8701 Midnight Pass Rd # 106A in Sarasota is listed at $699,999.
In addition to condos, EasyStreet also makes it easy to find Homes, Condos, New Homes and Foreclosures
in Sarasota, FL.
Peppertree Bay, Twin Oak Pond and Harbor Towers Y & R are nearby neighborhoods.
MLS A4644284 has been posted on this site since 3/12/2025 (today).