$353,000
SOLD MAY 8, 2013

Island Reef 8767 Midnight Pass Rd Unit 403F Sarasota, FL 34242

2 Beds
2 Baths
1,303 Sq Ft
$517/mo HOA Fee

Recently Sold

$271 Per Sq Ft

7% Below List Price

2 Days on Market

Highlights

  • Property fronts an intracoastal waterway
  • Fitness Center
  • Property is near public transit
  • Phillippi Shores Elementary School Rated A
  • Deck
  • Furnished

About This Home

As of May 2013

Enjoy resort style living on south end of Siesta Key, great views of inter coastal waterway from this 4th floor unit. Nicely maintained and ready for your own personal touches and updates. Island Reef offers tennis, 3 pools, club house, exercise room andan easy stroll to Gulf.

Last Agent to Sell the Property

Peg Davant

PREMIER SOTHEBY'S INTERNATIONAL REALTY Brokerage Phone: 941-364-4000 License #3137011 Listed on: 12/28/2012

PREMIER SOTHEBY'S INTERNATIONAL REALTY

Co-Listed By

Kathleen Ucci

PREMIER SOTHEBY'S INTERNATIONAL REALTY Brokerage Phone: 941-364-4000 License #0646799

Last Buyer's Agent

Peg Davant

PREMIER SOTHEBY'S INTERNATIONAL REALTY Brokerage Phone: 941-364-4000 License #3137011 Listed on: 12/28/2012

PREMIER SOTHEBY'S INTERNATIONAL REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,698

Year Built

  • Built in 1979

Lot Details

  • East Facing Home

HOA Fees

  • $517 Monthly HOA Fees

Property Views

  • Park or Greenbelt

Home Design

  • Slab Foundation
  • Stucco

Interior Spaces

  • 1,303 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Great Room
  • Inside Utility

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Carport Space
  • Assigned Parking

Outdoor Features

  • Access To Intracoastal Waterway
  • Fishing Pier
  • Deeded access to the beach
  • Deck
  • Screened Patio
  • Porch

Location

  • Flood Zone Lot
  • Property is near public transit

Schools

  • Phillippi Shores Elementary School
  • Brookside Middle School
  • Sarasota High School

Utilities

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

Listing and Financial Details

Community Details

Overview

  • Association fees include escrow reserves fund, insurance, maintenance structure, ground maintenance, maintenance, management, pest control, security, trash
  • Island Reef HOA 941 349 2844 Association
  • Island Reef Community
  • Island Reef Subdivision
  • On-Site Maintenance
  • 5-Story Property

Amenities

  • Elevator

Recreation

  • Recreation Facilities

Pet Policy

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,698

Year Built

Built in 1979

Lot Details

0

HOA Fees

$517 per month

Listing Details

  • HOA Fee Includes: Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Maintenance, Management, Pest Control, Security, Trash
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Other
  • Construction Materials: Stucco
  • Fireplace: No
  • Living Area: 1303
  • New Construction: No
  • Year Built: 1979
  • Building Area Total: 1421
  • Directions to Property: South on MPR to bayside Island Reef entrance- turn left after entering complex; park in guest parking.
  • Status: Sold
  • Co List Office Mls Id: MFR281519790
  • Co List Office Phone: 941-364-4000
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Floor Number: 4
  • List Office Head Office Key Nume: 1037329
  • Minimum Lease: 1 Month
  • Number Of Pets: 1
  • RATIO Current Price By Calculate: 270.91
  • Total Acreage: Non-Applicable
  • Water Access YN: 1
  • Condo Fees Term: Quarterly
  • Property Description: Corner Unit,Mid Rise
  • MFR_CommunityAssociationWaterFeatures: Boat Slip,Water Access
  • Attribution Contact: 941-364-4000
  • Tax Year: 2012
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Split Bedroom, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Oven, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 5
  • Window Features: Blinds, Window Treatments
  • Street Number Modifier: 8767
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Great Room,Inside Utility
  • Living Area Meters: 121.05
  • Room Count: 6

Exterior Features

  • Direction Faces: East
  • Exterior Features: Sliding Doors
  • Roof: Other
  • Home Warranty: No
  • Pool Private: No
  • View: Park/Greenbelt, Water
  • Waterfront: Yes
  • Patio and Porch Features: Deck, Patio, Porch, Screened
  • Disclosures: Condominium Disclosure Available
  • Water Access: Beach - Access Deeded,Intracoastal Waterway
  • Water Extras: Fishing Pier
  • Water Extras YN: 1
  • Water View: Intracoastal Waterway
  • Water View YN: 1
  • Waterfront Feet Total: 0

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Parking Features: Assigned, Guest

Utilities

  • Utilities: Cable Available, Public
  • Cooling: Central Air
  • Heating: Central
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Fitness Center, Pool, Tennis Courts, Waterfront Complex
  • Association Amenities: Elevator(s), Fitness Center, Maintenance, Recreation Facilities, Tennis Court(s)
  • Association Fee Frequency: Quarterly
  • Association Name: Island Reef HOA 941-349-2844
  • Association: Yes
  • Association Fee Requirement: Required
  • Building Name Number: ISLAND REEF
  • Condo Fees: 1550
  • Max Pet Weight: 30

Fee Information

  • Total Annual Fees: 6200.00
  • Total Monthly Fees: 516.67

Schools

  • Elementary School: Phillippi Shores Elementary
  • High School: Sarasota High
  • Middle Or Junior School: Brookside Middle

Lot Info

  • Zoning: RMF1
  • Parcel Number: 0129081023
  • Additional Parcels: No
  • Lot Features: FloodZone, In County, Near Public Transit, Paved
  • Homestead YN: 0
  • Zoning Compatible YN: 1
  • Future Land Use: 0404

Rental Info

  • Furnished: Furnished
  • Pets Allowed: No, Yes
  • Lease Restrictions YN: 1
  • Expected Lease Date: 2013-05-08T00:00:00.000

Tax Info

  • Tax Annual Amount: 2698
  • Tax Book Number: 0011/0034
  • Tax Lot: 403-F

Multi Family

  • Waterfront Features: Intracoastal Waterway

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 28, 2012
Closed on
May 8, 2013
Sold by
Perkins Elaine A
Bought by
Gambill John Douglas and Gambill Nilla Marianne
Seller's Agent
Peg Davant
PREMIER SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
Peg Davant
PREMIER SOTHEBY'S INTERNATIONAL REALTY
List Price
$379,000
Sold Price
$353,000
Premium/Discount to List
-$26,000
-6.86%
Current Estimated Value
$671,763

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$318,763
Avg. Annual Appreciation
5.41%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $353,000 Attorney
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/06/2025 04/06/25 Price Changed $680,000 -6.2% $522 / Sq Ft
03/12/2025 03/12/25 For Sale $725,000 +105.4% $556 / Sq Ft
05/08/2013 05/08/13 Sold $353,000 -6.9% $271 / Sq Ft
12/31/2012 12/31/12 Pending -- -- --
12/28/2012 12/28/12 For Sale $379,000 -- $291 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

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 $5,888 $434,572 -- --
2023 $5,888 $524,800 $0 $524,800
2022 $5,358 $468,600 $0 $468,600
2021 $4,414 $326,500 $0 $326,500
2020 $4,287 $310,400 $0 $310,400
2019 $4,725 $349,200 $0 $349,200
2018 $4,730 $350,600 $0 $350,600
2017 $4,807 $350,600 $0 $350,600
2016 $4,908 $350,600 $0 $350,600
2015 $4,809 $333,900 $0 $333,900
2014 $4,831 $280,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2025

    John Brink

    OCEANS GLOBAL REALTY, LLC

  • P

    Seller's Agent in 2013

    Peg Davant

    PREMIER SOTHEBY'S INTERNATIONAL REALTY

  • K

    Seller Co-Listing Agent in 2013

    Kathleen Ucci

    PREMIER SOTHEBY'S INTERNATIONAL REALTY

See All Agents

About Island Reef

Map

Source: Stellar MLS

MLS Number: A3970723

Stellar MLS

APN: 0129-08-1023

Florida Sarasota County Sarasota 34242

8767 Midnight Pass Rd Unit 403F, Sarasota, FL

This home is located at 8767 Midnight Pass Rd Unit 403F, Sarasota, FL 34242 and is currently priced at $353,000, approximately $270 per square foot. This property was built in 1979. 8767 Midnight Pass Rd Unit 403F is a home located in Sarasota County with nearby schools including Phillippi Shores Elementary School, Brookside Middle School, and Sarasota High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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