$500,000
8773 Midnight Pass Road
Sarasota, FL 34242
Listing updated: June 23, 2026 at 4:29 PM ET
Listing courtesy of Michael Saunders & Company · Marlene Marshall · MLS #A4691760 · Active · 941-349-3444Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
Turnkey Furnished residence at Island Reef with two bedrooms and two baths. Laundry in residence. Furnished! Carport! island Reef is a serene waterfront community, one of the few gulf to Bay Community that offers many desirable amenities including: Beach, Boat Docks (lifts allowed), Two lit Tennis Courts, Pickleball, 2 Fitness Rooms, Kayak storage, Library, Billiards, Game room, Clubhouse, two Heated Pools, and Gas grills. PET FRIENDLY! Tropical Gardens add to the appeal of Island Reef and this wonderful community is close to two of Siesta Key's popular restaurants. Complimentary trolley to Siesta Beach, Siesta Village for dining, shopping, ice cream, mini donuts, cut brunch spots and dancing and live music every night of the week.
Local Insight
At $384/sqft, this waterfront condo is reasonably priced for Sarasota's market, but you're buying a 1981 structure in an AE flood zone—which means mandatory flood insurance and potential elevation/foundation concerns that could get expensive down the road. The 6.31 acres and private pool are appealing amenities, though that's unusual acreage for a condo unit and you'll want clarity on what you actually control versus shared common areas. Location-wise, Midnight Pass Road is convenient to island living, but it's close enough to mean noise and traffic from the beach corridor.
AI-generated insight based on listing data and neighborhood context. Verify independently.
Estimated monthly payment
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history49 days on market
- Status: ActiveMay 5, 2026
- Listed$500,000May 5, 2026
- Price increased$500,000
Facts & features
- Property type
- Residential
- Sub type
- Condominium
- Status
- Active
- Days on market
- 49
- Subdivision
- Island Reef Ii Ph 1 2 & 3
- County
- Sarasota
- Year built
- 1981
- Living area
- 1,303 sq ft
- Price/sq ft
- $384
- Building area
- 1,421 sq ft (Public Records)
- Lot size
- 274,901 sq ft
- Flood zone
- AE
- Pool
- Private pool
- Annual taxes
- $4,030 (2025)
- Parcel #
- 0129081047
- Zoning
- RMF1
- MLS #
- A4691760
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Interior Details
- Bedrooms
- 2
- Full bathrooms
- 2
- Flooring
- Carpet, Ceramic Tile, Tile
- Appliances
- Dishwasher, Dryer, Electric Water Heater, Microwave, Range Hood, Refrigerator, Washer
- Interior features
- Living Room/Dining Room Combo, Primary Bedroom Main Floor, Split Bedroom, Thermostat, Walk-In Closet(s), Window Treatments
- Laundry
- Electric Dryer Hookup, Inside, Washer Hookup
- Stories / Levels
- One
- Direction faces
- South
Heating & Cooling
- Heating
- Central, Electric
- Cooling
- Central Air
Parking
- Parking features
- Assigned, Ground Level, Off Street
- Carport
- Yes
HOA & Financial
- Total monthly fees
- $1,033/mo
- Total annual fees
- $12,396
- CDD
- No
- Min lease term
- 1 Month
- Listing terms
- Cash, Conventional
- Ownership
- Condominium
- Available for lease
- Yes
- Lease restrictions
- Yes
- Additional lease restrictions
- Ask Associate
- Approval process
- Ask Associate
Exterior & Construction
- Exterior features
- Lighting, Outdoor Grill, Outdoor Shower, Sauna, Sidewalk, Sliding Doors, Tennis Court(s)
- Construction materials
- Stucco
- Roof
- Other
- Foundation
- Slab
- Pool
- Private pool
- Waterfront
- Yes
- Water access
- Yes
- Water view
- Yes
- Road surface
- Paved
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- BB/HS Internet Available, Cable Connected, Electricity Available, Electricity Connected, Phone Available, Sewer Connected, Sprinkler Recycled, Water Connected
Community
- Pets allowed
- Cats OK, Dogs OK, Number Limit, Size Limit, Yes
Schools
Letter grades: Florida DOE 2024–25 school grades (Orange, Seminole, Lake, Osceola, Brevard). Assigned schools from the listing agent — verify enrollment with the district.
Room Details
| Room | Level | Dimensions |
|---|---|---|
| Living Room | First | |
| Dining Room | First | |
| Primary Bedroom | First | |
| Bedroom 2 | First | |
| Kitchen | First |
Listing Details
- Listing date
- 2026-04-28
- On market date
- 2026-05-05
- Original list price
- $500,000
- Occupant type
- Vacant
- MLS area
- 34242 - Sarasota/Crescent Beach/Siesta Key
- Listing AOR
- Sarasota - Manatee
- Status changed
- 2026-05-05
- Tax legal description
- UNIT 302-G ISLAND REEF SECTION 2
Flood risk
FEMA Special Flood Hazard Area (1% annual-chance / “100-year” floodplain). Flood insurance is generally required by mortgage lenders.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
Stickney Point West to Midnight Pass Road South. Turn left into Island Reef- Intracoastal side.
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Listings courtesy of Stellar MLS as distributed by MLS GRID
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Based on information submitted to the MLS GRID as of June 23, 2026 at 4:29 PM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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