$598,000
Active8767 Midnight Pass Rd #205F, Sarasota, FL 34242
2 beds Β· 2 baths Β· 1,303 sq ft
Listing courtesy of RE/MAX ALLIANCE GROUP Β· MLS# A4711539
Listed today
Refreshed from the Stellar MLS feed . This listingβs MLS record last changed .
About this home
Island Reef Condominium is a prominent, resort-style "Gulf-to-Bay" residential complex located on the serene and secluded southern end of Siesta Key in Sarasota, Florida. The property spans both sides of Midnight Pass Road, providing residents and guests with immediate access to the beach on the Gulf side, alongside boat docks and kayak launches on the Sarasota Bay side. The unit features an enclosed, glass-screened lanai that functions as an extended living space, offering views of the Intracoastal Waterway. The tiled floors throughout provide a clean, continuous visual flow that makes the 1,303 sq. ft. layout feel even more expansive. Practically, all-tile flooring is the ultimate choice for a coastal property, as it handles beach sand, resists humidity, keeps the unit naturally cooler, and makes post-beach cleanup effortless compared to carpet. The combination of stainless steel appliances, granite countertops, and a tile backsplash represents a clean and complete kitchen footprint. The granite offers durable, solid-surface workspace, while the tile backsplash adds a custom, premium design element that complements the appliances. Having tiled floors throughout typically means the tile flows directly out onto the enclosed glass-screened lanai, seamlessly blurring the line between your indoor living space and the beautiful views of the intracoastal Waterway / Little Sarasota Bay. Both bedrooms have Temper pedic beds. The Primary bedroom has a king bed and the Guest bedroom has 2 twin beds. Temper pedic beds are well known for comfort and a good nights sleep. The amenities for Island Reef include a fitness center, tennis & pickleball courts, 2 heated swimming pools, beach access, grilling patios, clubhouse, game room, shuffleboard courts, dock, fishing pier and kayak launch. Island Reef is just minutes away from Siesta beach and Turtle beach. Siesta Key beach was voted #1 Beach in USA. You can visit Siesta Village or access the mainland easily for shopping, restaurants, etc. This property is being sold turnkey furnished. It is currently being used as a vacation rental. The unit is currently rented for February, March and the first half of April 2027. Having the unit reserved and ready for occupancy is a true positive benefit for the new owners.
Facts
- Property type
- Condominium
- Year built
- 1979
- Bathrooms
- 2 full
- Living area
- 1,303 sqft
- Lot size
- 6.31 acres
- Waterfront
- Yes Β· 120 ft
- Water access
- Bay/Harbor, Gulf/Ocean to Bay, Intracoastal Waterway
- Water view
- Yes
- Private pool
- No
- Exposure
- North
- Furnished
- Turnkey
- Flood zone
- AE
- CDD
- No
- 55+ community
- No
- Annual taxes
- $5,706/yr
- Monthly fees
- $1,033/mo
- Listed
- Nov 2, 2026
- MLS #
- A4711539
Estimate the monthly payment
Estimate by Lasbury Tracy Realty β not a loan offerStarting figures for 8767 MIDNIGHT PASS RD #205F. Everything below is editable.
AssumptionNot a quoted rate. Ask a lender what you actually qualify for today.
From this listingThe seller's most recent annual tax bill as reported to the MLS. Your bill will differ β Florida reassesses on sale and homestead caps reset.
Editable estimateA placeholder, not a quote. On the Gulf Coast this is the line item most likely to be wrong: premiums swing on roof age, wind mitigation, elevation, and carrier appetite. Get a real quote before you rely on this number.
Starts at $0Deliberately zero until you enter a figure β we will not inflate a payment with a guess. Many homes here need it; ask us for the property's flood zone and the current policy's premium.
From this listingMonthly association fee as reported to the MLS. Confirm what it includes, and ask about special assessments.
AssumptionNot applied β your down payment is 20% or more.
Estimated total monthly payment
$5,031
$3,024 of that is principal & interest. 40% is taxes, insurance and fees β which is why those inputs matter more here than the rate does.
- Principal & interest
- $3,024
- Property taxes
- $476
- Homeowners insurance
- $498
- Flood insurance
- $0
- HOA / condo fees
- $1,033
- Mortgage insurance (PMI)
- $0
- Total per month
- $5,031
Over the life of the loan
- Loan amount
- $478,400
- Down payment
- $119,600
- Total interest
- $610,173
- Principal + interest paid
- $1,088,573
- Paid off in
- 2056
Interest is the exact schedule total for a fixed-rate loan held to term and assumes no extra payments. Taxes, insurance and fees are not included in these lifetime figures because they change every year.
Calculated on this page from the figures above β nothing is sent anywhere and no lender is quoting you. Figures are estimates for planning only, not a pre-approval, commitment to lend, or a statement of the taxes and insurance you will actually be charged. Lasbury Tracy Realty Inc. is a real estate brokerage, not a lender or an insurance agent.
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8767 Midnight Pass Rd #205F, Sarasota, FL 34242
Listing courtesy of RE/MAX ALLIANCE GROUP Β· MLS# A4711539 Β· Active
Where this home is
Opens on aerial β on this coast the canal, the lot and the neighbours answer more questions than a street grid does.
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