$535,000

8767 MIDNIGHT PASS ROAD 101F, Sarasota, FL 34242

  • 2 beds |
  • 3 baths |
  • 1,768 sqft
  • Property Icon Condominium
  • Property Year Built Icon Built in 1979
  • Property Lot Size Icon6.31acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $303/sqft
  • Property List Date Icon Listed 2 months ago

Property 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.

Listing Status:
Active
Date Added:
January 29, 2026
Data Last Updated:
March 29, 2026 at 2:21AM
Listing Office:
BRIGHT REALTY : 941-552-6036
Listing Agent:
Mike Payne, PA : 941-928-8145
MLS ID:
A4680015
  • General: Ceiling Fans(s)Living Room/Dining Room ComboOpen FloorplanPrimary Bedroom Main FloorSolid Surface CountersSolid Wood CabinetsThermostatWalk-In Closet(s)Window Treatments
  • Appliances: DishwasherDisposalDryerElectric Water HeaterMicrowaveRangeRefrigeratorWasher
  • Laundry: Electric Dryer HookupInside
  • Flooring: Ceramic Tile
  • A/C: Central Air
  • Heating: Central
  • General: BalconyLightingOutdoor GrillOutdoor ShowerPrivate MailboxRain GuttersSliding DoorsTennis Court(s)
  • Other Structures: EnclosedScreenedCovered
  • Parking: Covered
  • Roofing: Built-Up
  • General: ConcreteStuccoOneSlab
  • Road/Access: Asphalt
  • HOA Amenities: PoolEscrow Reserves FundInsuranceMaintenance StructureMaintenance GroundsMaintenanceManagementPest ControlPrivate RoadRecreational FacilitiesSecuritySewerQuarterly
  • Originating MLS: Stellar MLS
  • County: Sarasota
  • Zoning: RMF1UNIT 101-F ISLAND REEF SECTION 20129081001
  • Utilities: BB/HS Internet AvailableCable ConnectedElectricity ConnectedFire HydrantPhone AvailablePublicSewer ConnectedSprinkler RecycledWater Connected
  • Water: Public
  • Sewer: Public Sewer
  • Source: Stellar MLS
  • Ownership: Condominium

This listing courtesy of Mike Payne, PA , BRIGHT REALTY

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

G

Gulf Gate Elementary School

6500 S Lockwood Ridge Rd, Sarasota, FL, 34231

Grades PK-5

2.70 miles away

P

Pine View School

1 Python Path, Osprey, FL, 34229

Grades 2-12

3.33 miles away

P

Pine View School

1 Python Path, Osprey, FL, 34229

Grades 2-12

3.33 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

Similar Listings Nearby