
Island Reef 8779 Midnight Pass Rd Unit 406H Sarasota, FL 34242
Estimated payment $6,487/month
Highlights
- Waterfront Community
- Fitness Center
- 6.31 Acre Lot
- Phillippi Shores Elementary School Rated A
- Heated In Ground Pool
- Clubhouse
About This Home
BEACH! BAY! ENJOY THE BAY VIEWS FROM THIS UPDATED REESIDENCE! IMPACT WINDOWS!! Kitchen with Granite countertop, stainless appliance, beverage refrigerator, two spacious bedrooms with private baths and walk-in closets. Powder room off foyer. Laundry in Residence. Turkey 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 Village for dining, shopping, ice cream, mini donuts, cute brunch spots and dancing and live music every night of the week!
Listing Agent
MICHAEL SAUNDERS & COMPANY Brokerage Phone: 941-349-3444 License #3113521 Listed on: 05/23/2025

Co-Listing Agent
MICHAEL SAUNDERS & COMPANY Brokerage Phone: 941-349-3444 License #3033598
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $7,330
Year Built
- Built in 1980
HOA Fees
- $1,000 Monthly HOA Fees
Parking
- 1 Carport Space
Home Design
- Slab Foundation
- Block Exterior
Interior Spaces
- 1,768 Sq Ft Home
- 1-Story Property
- Sliding Doors
- Combination Dining and Living Room
- Storage Room
- Inside Utility
Kitchen
- Range with Range Hood
- Microwave
- Dishwasher
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- Split Bedroom Floorplan
- Walk-In Closet
Laundry
- Laundry in unit
- Dryer
Outdoor Features
- Heated In Ground Pool
- Exterior Lighting
Utilities
- Central Heating and Cooling System
- Thermostat
- Electric Water Heater
- Cable TV Available
Additional Features
- Reclaimed Water Irrigation System
- South Facing Home
Listing and Financial Details
- Visit Down Payment Resource Website
- Assessor Parcel Number 0129081086
Community Details
Overview
- Association fees include common area taxes, pool, escrow reserves fund, maintenance structure, ground maintenance, management, pest control, private road, recreational facilities, trash, water
- Island Reef Condominium Association / James Grazes Association, Phone Number (941) 346-0921
- Island Reef Homeowners Association
- High-Rise Condominium
- Island Reef Community
- Island Reef Ii Ph 1 2 & 3 Subdivision
- The community has rules related to deed restrictions
Amenities
- Clubhouse
Recreation
Pet Policy
- Pets up to 30 lbs
- Pet Size Limit
- 1 Pet Allowed
Map
About Island Reef
Home Values in the Area
Average Home Value in this Area
Tax History
Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
---|---|---|---|---|
2024 | $7,091 | $619,857 | -- | -- |
2023 | $7,091 | $601,803 | $0 | $0 |
2022 | $6,949 | $584,275 | $0 | $0 |
2021 | $6,290 | $510,752 | $0 | $0 |
2020 | $6,320 | $503,700 | $0 | $503,700 |
2019 | $6,458 | $519,081 | $0 | $0 |
2018 | $6,329 | $509,402 | $0 | $0 |
2017 | $6,303 | $498,925 | $0 | $0 |
2016 | $6,966 | $563,200 | $0 | $563,200 |
2015 | $7,097 | $536,400 | $0 | $536,400 |
2014 | $5,713 | $424,000 | $0 | $0 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
07/09/2025 07/09/25 | Price Changed | $895,000 | -5.3% | $506 / Sq Ft |
05/23/2025 05/23/25 | For Sale | $945,000 | -- | $535 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Warranty Deed | $705,000 | Attorney | |
Warranty Deed | $770,000 | Riddell Title & Escrow Llc | |
Warranty Deed | $770,000 | Riddell Title & Escrow Llc | |
Warranty Deed | $650,000 | Attorney | |
Warranty Deed | $650,000 | -- | |
Warranty Deed | $375,000 | -- |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $150,000 | Commercial | |
Previous Owner | $100,000 | Credit Line Revolving | |
Previous Owner | $450,000 | No Value Available | |
Previous Owner | $150,000 | Credit Line Revolving | |
Previous Owner | $300,000 | No Value Available |
Similar Homes in Sarasota, FL
Source: Stellar MLS
MLS Number: A4643480

APN: 0129-08-1086
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