$735,000
PENDING $30K PRICE DROP

Island Reef 8764 Midnight Pass Rd Unit A301 Sarasota, FL 34242

Siesta Key Neighborhood

Estimated payment $5,646/month

Total Views 3,001
2 Beds
2 Baths
1,396 Sq Ft
$527 Price per Sq Ft

Highlights

  • Beach Front
  • Dock has access to electricity and water
  • Water access To Gulf or Ocean
  • Phillippi Shores Elementary School Rated A
  • Assigned Boat Slip
  • Fitness Center

About This Home

Under contract-accepting backup offers. Gulf front residence with updated Kitchen including quartz counter tops and stainless steel appliances. Expanded counter tops and added cabinets. Beautiful views of the beach from owners bedroom, Kitchen, Lanai, Dining and Living room. Residents of Island Reef enjoy boat docks (lifts allowed), beach, two heated pools, tennis, pickleball, two fitness rooms, saunas, shuffleboard courts, billiards, library, clubhouse, social room, gas grills, bicycle and kayak storage. Carport at front of door of building. Guest parking. Monthly rentals (8 leases a year). Pet friendly (30 lbs). On-site management and rental program. Close to three of Siesta Key's favorite restaurants, and free Trolley to Siesta Village.

Listing Agent

Marlene Marshall

MICHAEL SAUNDERS & COMPANY Brokerage Phone: 941-349-3444 License #3113521

MICHAEL SAUNDERS & COMPANY

Co-Listing Agent

George Marshall

MICHAEL SAUNDERS & COMPANY Brokerage Phone: 941-349-3444 License #3033598

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,625

Year Built

  • Built in 1975

Lot Details

  • North Facing Home
  • Mature Landscaping
  • Street paved with bricks
  • Garden

HOA Fees

  • $1,000 Monthly HOA Fees

Property Views

  • Garden

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Stucco

Interior Spaces

  • 1,396 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Sliding Doors
  • Living Room
  • Dining Room
  • Inside Utility
  • Sauna
  • Carpet

Kitchen

  • Cooktop
  • Microwave
  • Dishwasher
  • Stone Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Carport Space
  • 1 Parking Garage Space

Eco-Friendly Details

  • Reclaimed Water Irrigation System

Pool

  • Heated In Ground Pool
  • Pool is Self Cleaning
  • Outdoor Shower
  • Auto Pool Cleaner

Outdoor Features

  • Water access To Gulf or Ocean
  • Access To Intracoastal Waterway
  • Fishing Pier
  • First Come-First Served Dock
  • Assigned Boat Slip
  • Dock has access to electricity and water
  • Dock made with wood
  • Outdoor Kitchen
  • Exterior Lighting
  • Outdoor Grill
  • Private Mailbox

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include common area taxes, pool, internet, maintenance structure, ground maintenance, management, pest control, recreational facilities, sewer, trash, water
  • Association Phone (941) 349-2844
  • Visit Association Website
  • Mid-Rise Condominium
  • Island Reef Community
  • Island Reef I Subdivision
  • On-Site Maintenance
  • The community has rules related to deed restrictions
  • 5-Story Property

Amenities

  • Sauna
  • Clubhouse
  • Laundry Facilities
  • Elevator

Recreation

  • Racquetball
  • Shuffleboard Court

Pet Policy

  • Pets up to 30 lbs
  • Pet Size Limit
  • 1 Pet Allowed

Security

  • Card or Code Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,625

Year Built

Built in 1975

Lot Details

0

HOA Fees

$1,000 per month

Listing Details

  • HOA Fee Includes: Common Area Taxes, Pool, Internet, Maintenance Structure, Maintenance Grounds, Management, Pest Control, Recreational Facilities, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Traditional
  • Construction Materials: Stucco
  • Fireplace: No
  • Living Area: 1396
  • Lot Size Acres: 3.51
  • New Construction: No
  • Year Built: 1975
  • Building Area Total: 1396
  • Lot Size Sq Ft: 152734
  • Directions to Property: 2.5 Miles South of Stickney Pointe on Midnight Pass Rd. Turn right (West) into Island Reef. North Building. Park in Visitors parking or 301A Carport
  • Status: Pending
  • Co List Office Mls Id: MFR281502395
  • Co List Office Phone: 941-349-3444
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow City: Sarasota
  • Escrow Postal Code: 34242
  • Escrow State: FL
  • Escrow Street Number: 5100 Ocean Blvd
  • Floor Number: 3
  • List Office Head Office Key Nume: 1046728
  • Minimum Lease: 1 Month
  • Number Of Pets: 1
  • RATIO Current Price By Calculate: 526.50
  • Unit Number YN: 0
  • Water Access YN: 1
  • Condo Fees Term: Monthly
  • Property Description: Mid Rise
  • MFR_BedroomClosetType: Built-in Closet
  • MFR_BedroomClosetType: Built-in Closet
  • MFR_NumAssignedParkingSpaces: 1
  • MFR_InLawSuiteYN: 0
  • MFR_DockDescription: Clubhouse,Dock - Slip 1st Come,Dock - Wood,Dock w/Electric,Dock w/Water Supply
  • MFR_DockYN: 1
  • MFR_CommunityAssociationWaterFeatures: Boat Slip,Dock,Fishing,Gulf/Ocean Front,Intracoastal Waterway,Water Access,Waterfront
  • Attribution Contact: 941-349-3444
  • Tax Year: 2024
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Split Bedroom, Stone Counters, Thermostat
  • Appliances Included: Cooktop, Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Spa Yn: No
  • Stories: 5
  • Street Number Modifier: 8764
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Inside Utility
  • Living Area Meters: 129.69
  • Room Count: 6

Exterior Features

  • Direction Faces: North
  • Other Structures: Outdoor Kitchen, Tennis Court(s)
  • Pool Features: Auto Cleaner, Heated, In Ground, Self Cleaning
  • Exterior Features: Garden, Irrigation System, Lighting, Outdoor Grill, Outdoor Shower, Private Mailbox, Sauna, Sidewalk, Sliding Doors, Tennis Court(s)
  • Roof: Other
  • Pool Private: No
  • View: Garden, Pool, Water
  • Water Body Name: GULF OF MEXICO
  • Waterfront: Yes
  • Road Surface Type: Brick
  • Water Access: Bay/Harbor,Beach,Gulf/Ocean,Gulf/Ocean to Bay,Intracoastal Waterway
  • Water Extras: Assigned Boat Slip,Fishing Pier
  • Water Extras YN: 1
  • Water View: Beach,Gulf/Ocean - Full
  • Water View YN: 1
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2024-03-27
  • Flood Zone Panel: 12115C0207G
  • Additional Water Information: Access to ICW on Bay side of Island Reef

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Yn: No
  • Parking Features: Covered

Utilities

  • Utilities: Cable Available, Electricity Available, Electricity Connected, Phone Available, Public, Sewer Connected, Street Lights, Water Available, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Electric Dryer Hookup, Inside, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Clubhouse, Deed Restrictions, Fitness Center, Irrigation-Reclaimed Water, Pool, Racquetball, Sidewalks, Tennis Court(s)
  • Association Amenities: Clubhouse, Elevator(s), Fitness Center, Laundry, Lobby Key Required, Maintenance, Pickleball Court(s), Pool, Sauna, Shuffleboard Court, Tennis Court(s)
  • Phone: 941-349-2844
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Pet Restrictions: One dog or cat 30 lbs limit
  • Association Fee Requirement: None
  • Building Name Number: F
  • Condo Fees: 1000
  • Condo Land Included YN: 0
  • Max Pet Weight: 30
  • Montly Maint Amt Addition To HOA: 0
  • Association Email: irinfo@hhrmgt.com
  • Monthly Condo Fee Amount: 1000
  • Pet Size: Small (16-35 Lbs.)
  • Association URL: Islandreef.net

Fee Information

  • Total Annual Fees: 12000.00
  • Total Monthly Fees: 1000.00

Lot Info

  • Zoning: RMF1
  • Parcel Number: 0129071012
  • Additional Parcels: No
  • Lot Features: CoastalConstruction Control Line, In County, Landscaped, Private, Sidewalk, Street Brick, Paved
  • Flood Zone Code: X500
  • Homestead YN: 0
  • Lot Size Square Meters: 14189

Rental Info

  • Furnished: Furnished
  • Pets Allowed: Number Limit, Size Limit, Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: See Condo docs.

Tax Info

  • Tax Annual Amount: 6625
  • Tax Book Number: 9-1
  • Tax Lot: 0

Multi Family

  • Waterfront Features: Beach Front, Gulf/Ocean, Intracoastal Waterway
  • Approval Process: See Condo docs.

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $7,414 $528,500 -- $528,500
2023 $7,414 $589,100 $0 $589,100
2022 $6,811 $526,600 $0 $526,600
2021 $5,964 $399,700 $0 $399,700
2020 $5,755 $375,300 $0 $375,300
2019 $5,960 $395,600 $0 $395,600
2018 $5,532 $362,100 $0 $362,100
2017 $5,612 $362,100 $0 $362,100
2016 $5,030 $362,100 $0 $362,100
2015 $4,922 $344,900 $0 $344,900
2014 $5,262 $283,900 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/23/2025 04/23/25 Pending -- -- --
04/05/2025 04/05/25 Price Changed $735,000 -3.9% $527 / Sq Ft
02/19/2025 02/19/25 For Sale $765,000 -- $548 / Sq Ft
Source: Stellar MLS

Deed History

Date Type Sale Price Title Company
Warranty Deed $435,500 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $255,000 New Conventional
Source: Public Records

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Source: Stellar MLS

MLS Number: A4640134

Stellar MLS

APN: 0129-07-1012