$780,000
$70K PRICE DROP

Island Reef 8779 Midnight Pass Rd Unit 106H Sarasota, FL 34242

Estimated payment $6,002/month

Total Views 4,574
2 Beds
2.5 Baths
1,768 Sq Ft
$441 Price per Sq Ft

Highlights

  • 400 Feet of Waterfront
  • White Water Ocean Views
  • Assigned Boat Slip
  • Phillippi Shores Elementary School Rated A
  • Dock has access to electricity and water
  • Water access To Gulf or Ocean

About This Home

This residence is being sold furnished (some items excluded). Open floor plan. (2070 Sq feet; builders floor plan), two spacious bedrooms, 2 1⁄2 baths, office area, laundry, large enclosed Lanai. Upgrades include new flooring and newer air conditioner. Enjoy picturesque Bay views to watch the sunrise and across the street you can watch sunsets on the Gulf of Mexico. This larger floor plan has full Bay views. 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. The carport is just a few steps from the front door. Guest Parking. Close to two of Siesta Key’s popular restaurants. Free trolley to Siesta Village. Monthly Rentals (8 leases a year), pet friendly (30 lbs.), on-site management and rental program.

Listing Agent

Marlene Marshall

MICHAEL SAUNDERS & COMPANY Brokerage Phone: 941-349-3444 License #3113521 Listed on: 03/18/2025

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

  • $8,332

Year Built

  • Built in 1980

Lot Details

  • South Facing Home
  • Landscaped
  • Street paved with bricks

HOA Fees

  • $1,000 Monthly HOA Fees

Parking

  • 1 Carport Space

Property Views

  • Garden

Home Design

  • Traditional Architecture
  • Turnkey
  • Slab Foundation
  • Stucco

Interior Spaces

  • 1,768 Sq Ft Home
  • 1-Story Property
  • Window Treatments
  • Sliding Doors
  • Combination Dining and Living Room
  • Storage Room
  • Inside Utility

Kitchen

  • Range with Range Hood
  • Microwave
  • Dishwasher

Flooring

  • Parquet
  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Eco-Friendly Details

  • Reclaimed Water Irrigation System

Pool

  • Heated In Ground Pool
  • Pool is Self Cleaning
  • Outdoor Shower
  • Pool Tile
  • Pool Lighting

Outdoor Features

  • Water access To Gulf or Ocean
  • Access To Intracoastal Waterway
  • Fishing Pier
  • Assigned Boat Slip
  • Dock has access to electricity and water
  • Dock made with wood
  • Enclosed patio or porch
  • Outdoor Grill

Location

  • Flood Insurance May Be Required
  • Property is near public transit

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, escrow reserves fund, internet, maintenance structure, ground maintenance, management, pest control, private road, recreational facilities, trash, water
  • Joy Stevanovich Association, Phone Number (941) 349-2844
  • Island Reef Community
  • Island Reef Ii Ph 1 2 & 3 Subdivision
  • On-Site Maintenance
  • The community has rules related to deed restrictions

Amenities

  • Sauna
  • Clubhouse
  • Laundry Facilities
  • Elevator

Recreation

  • Shuffleboard Court

Pet Policy

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

Security

  • Card or Code Access
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,332

Year Built

Built in 1980

Lot Details

0

HOA Fees

$1,000 per month

Listing Details

  • HOA Fee Includes: Common Area Taxes, Pool, Escrow Reserves Fund, Internet, Maintenance Structure, Maintenance Grounds, Management, Pest Control, Private Road, Recreational Facilities, Trash, Water
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Condominium
  • Architectural Style: Traditional
  • Construction Materials: Stucco
  • Fireplace: No
  • Living Area: 1768
  • Lot Size Acres: 6.31
  • New Construction: No
  • Year Built: 1980
  • Building Area Total: 1973
  • Lot Size Sq Ft: 274901
  • Directions to Property: 2 1/2 Miles south of Stickney Point on Midnight Pass. Turn left (EAST) in to Island Reef, turn right (it is the building closest to Bay). Park in # 106 parking space or visitors parking.
  • Status: Active
  • Co List Office Mls Id: MFR281502395
  • Co List Office Phone: 941-349-3444
  • Ownership: Condominium
  • Available for Lease YN: 1
  • Escrow City: Sarasota
  • Escrow Postal Code: 34242
  • Escrow State: FL
  • Escrow Street Name: Ocean Blvd
  • Escrow Street Number: 5100
  • Floor Number: 1
  • List Office Head Office Key Nume: 1046728
  • Minimum Lease: 1 Month
  • Number Of Pets: 1
  • RATIO Current Price By Calculate: 441.18
  • Unit Number YN: 0
  • Water Access YN: 1
  • Condo Fees Term: Monthly
  • Water Frontage Feet Beach: 200
  • MFR_InLawSuiteYN: 0
  • MFR_DockDescription: Dock - Wood,Dock w/Electric,Dock w/Water Supply
  • MFR_DockYN: 1
  • MFR_CommunityAssociationWaterFeatures: Bay/Harbor Front,Boat Slip,Dock,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, Parquet, Tile
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interior Amenities: Living Room/Dining Room Combo, Primary Bedroom Main Floor, Split Bedroom, Thermostat, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Range Hood, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Other Equipment: Irrigation Equipment
  • Spa Yn: No
  • Stories: 1
  • Window Features: Window Treatments
  • Street Number Modifier: 8779
  • Additional Rooms: Inside Utility,Storage Rooms
  • Living Area Meters: 164.25
  • Room Count: 5

Exterior Features

  • Direction Faces: South
  • Other Structures: Tennis Court(s)
  • Pool Features: Heated, In Ground, Lighting, Self Cleaning, Tile
  • Exterior Features: Outdoor Grill, Outdoor Shower, Sidewalk, Sliding Doors, Tennis Court(s)
  • Roof: Other
  • Pool Private: No
  • View: Garden, Water
  • Water Body Name: INTER-COASTAL, GULF
  • Waterfront: Yes
  • Patio and Porch Features: Enclosed, Screened
  • Road Surface Type: Paved
  • Water Access: Bay/Harbor,Beach,Gulf/Ocean,Gulf/Ocean to Bay,Intracoastal Waterway
  • Water Extras: Assigned Boat Slip,Fishing Pier,Sailboat Water
  • Water Extras YN: 1
  • Water View: Bay/Harbor - Full,Intracoastal Waterway
  • Water View YN: 1
  • Waterfront Feet Total: 400
  • Water Frontage Feet Bay Harbor: 200

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Yn: No

Utilities

  • Utilities: Cable Available, Electricity Available, Electricity Connected, Phone Available, Sewer Available, Sprinkler Recycled, Water Available, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Clubhouse, Deed Restrictions, Fitness Center, Irrigation-Reclaimed Water, Pool, Sidewalks, Tennis Court(s), Street Lights
  • Association Amenities: Clubhouse, Elevator(s), Fitness Center, Laundry, Lobby Key Required, Maintenance, Pickleball Court(s), Pool, Sauna, Shuffleboard Court, Tennis Court(s)
  • Association Name: Joy Stevanovich
  • Phone: 941-349-2844
  • Association: Yes
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Association: No
  • Association 2 YN: 1
  • Association Approval Required YN: 1
  • Pet Restrictions: One Dog or Cat 30lbs weight limit.
  • Association Fee Requirement: None
  • Building Name Number: NA
  • Condo Fees: 1000
  • Condo Land Included YN: 0
  • Max Pet Weight: 30
  • Montly Maint Amt Addition To HOA: 0
  • Association Email: mgr@islandreef.net
  • Monthly Condo Fee Amount: 1000
  • Pet Size: Small (16-35 Lbs.)
  • Management: On Site Property Manager

Fee Information

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

Lot Info

  • Zoning: RMF1
  • Parcel Number: 0129081068
  • Additional Parcels: No
  • Lot Features: Flood Insurance Required, In County, Landscaped, Near Public Transit, Street Brick, Paved, Private
  • Flood Zone Code: AE
  • Homestead YN: 0
  • Lot Size Square Meters: 25539

Green Features

  • Green Verification Count: 0

Rental Info

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

Tax Info

  • Tax Annual Amount: 8332.02
  • Tax Book Number: 11-34
  • Tax Lot: 106H

Multi Family

  • Waterfront Features: Bay/Harbor, Beach Front, Gulf/Ocean, Gulf/Ocean to Bay, Intracoastal Waterway
  • Approval Process: See Condo Docs.

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $8,590 $632,891 -- --
2023 $8,590 $789,300 $0 $789,300
2022 $7,815 $706,100 $0 $706,100
2021 $6,302 $475,500 $0 $475,500
2020 $6,137 $453,000 $0 $453,000
2019 $6,818 $512,000 $0 $512,000
2018 $6,696 $502,900 $0 $502,900
2017 $6,807 $502,900 $0 $502,900
2016 $6,945 $502,900 $0 $502,900
2015 $6,805 $479,000 $0 $479,000
2014 $6,636 $402,800 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2025 04/15/25 Price Changed $780,000 -8.2% $441 / Sq Ft
03/18/2025 03/18/25 For Sale $850,000 -- $481 / Sq Ft
Source: Stellar MLS

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- --
Warranty Deed $270,000 --
Source: Public Records

Similar Homes in Sarasota, FL

  • 1531 Clower Creek Dr Unit HA245, Sarasota, FL 34231

    $595,000

    • 3 Beds
    • 3 Baths
    • 1,734 Sq Ft
    • 1531 Clower Creek Dr
    • Unit HA245
    • Sarasota, FL

    One of the premier, PREMIER units in all of Pelican Cove! Location has it here! This condo is on a cul-de-sac point with water views on three sides. Inside, the kitchen has been beautifully redone with subtle cream raised-panel cabinetry and modern pulls, laminate floors, and a handsome quartz countertop. The kitchen was opened with walls removed and has all stainless appliances. This is a split

    Joe Cleary RE/MAX ALLIANCE GROUP

    Section Image
  • 116 Vista Hermosa Cir Unit 204, Sarasota, FL 34242

    $595,000

    • 2 Beds
    • 2 Baths
    • 900 Sq Ft
    • 116 Vista Hermosa Cir
    • Unit 204
    • Sarasota, FL

    Welcome to Vista Hermosa – a fully remodeled, 2-bedroom, 2-bathroom condo located directly across the street from the world-renowned Crescent Beach on Siesta Key. This second-floor unit (with elevator access) showcases an extensive list of high-end upgrades and thoughtful renovations that make it stand out above the rest.Step inside to find an impact-rated thermal glass door, porcelain

    Dawn Bear WILLIAM RAVEIS REAL ESTATE

    Section Image
  • 5855 Midnight Pass Rd Unit 416, Sarasota, FL 34242

    $695,000

    • 2 Beds
    • 2 Baths
    • 1,056 Sq Ft
    • 5855 Midnight Pass Rd
    • Unit 416
    • Sarasota, FL

    Step into the exclusive waterfront haven of Harbor Towers Yacht and Racquet Club, a true resort paradise that will capture your heart instantly. The building has recently undergone a comprehensive $13 million, four-year hurricane hardening and structural upgrade, completed in 2024. Designed to meet the latest safety standards for hurricane and wind protection, these enhancements include

    Suzy Kolaz KELLER WILLIAMS ON THE WATER S

    Section Image
  • 145 Avenida Messina Unit 3, Sarasota, FL 34242

    $679,000

    • 2 Beds
    • 2 Baths
    • 900 Sq Ft
    • 145 Avenida Messina
    • Unit 3
    • Sarasota, FL

    Welcome to this wonderful condominium complex directly on the edge of the Siesta Key Village! This UPSTAIRS unit has been completely remodeled from top to bottom and is absolutely stunning! The opened kitchen features stainless steel appliances, handsome quartz counters, and a tan tiger-look cabinetry. There is all new lighting, fans, receptacles and switches, and a neutral plank-like ceramic

    Joe Cleary RE/MAX ALLIANCE GROUP

    Section Image
  • 199 Whispering Sands Dr Unit 105, Sarasota, FL 34242

    $679,000

    • 2 Beds
    • 2 Baths
    • 1,557 Sq Ft
    • 199 Whispering Sands Dr
    • Unit 105
    • Sarasota, FL

    Your Dream Coastal Retreat Awaits at Whispering Sands – Siesta Key> ** Private Beach @ #1 Beach in USA**Welcome to your beautifully renovated 2-bedroom, 2-bath condo in the highly desirable Whispering Sands community, ideally located in the heart of Siesta Key Village. This stunning residence combines coastal elegance with modern convenience to create the ultimate island

    Tracy Srodes FINE PROPERTIES

    Section Image
  • 226 Golden Gate Point Unit 64, Sarasota, FL 34236

    $875,000

    • 2 Beds
    • 2 Baths
    • 1,396 Sq Ft
    • 226 Golden Gate Point
    • Unit 64
    • Sarasota, FL

    Magnificent full view of Sarasota Bay and spectacular sunsets right from your living room brings a serene peacefulness to the day. At night the ribbon of lights on the Ringling bridge are a sight to behold. This corner unit offers scenic views of Sarasota Bay, featuring two bedrooms and two bathrooms with 1,396 square feet of living space. Located in Harbor House West, the building includes

    Tracy Srodes FINE PROPERTIES

    Section Image
  • 8779 Midnight Pass Rd Unit 406H, Sarasota, FL 34242

    $895,000

    • 2 Beds
    • 2.5 Baths
    • 1,768 Sq Ft
    • 8779 Midnight Pass Rd
    • Unit 406H
    • Sarasota, FL

    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

    Marlene Marshall MICHAEL SAUNDERS & COMPANY

    Section Image
  • 8735 Midnight Pass Rd Unit 602B, Sarasota, FL 34242

    $699,000

    • 2 Beds
    • 2 Baths
    • 1,357 Sq Ft
    • 8735 Midnight Pass Rd
    • Unit 602B
    • Sarasota, FL

    Penthouse Opportunity in Turtle Bay - Siesta Key. Building B has a new roof and has passed both its Milestone & SIRS Inspections, and all special assessments have been paid by Seller. Welcome to Turtle Bay, one of Siesta Key’s most beloved bayside communities where sugar-soft Gulf beaches meet the serene beauty of Little Sarasota Bay. Perched on the top floor, this rarely available penthouse

    Brian Loebker MICHAEL SAUNDERS & COMPANY

    Section Image
  • 8701 Midnight Pass Rd Unit 104, Sarasota, FL 34242

    $675,000

    • 2 Beds
    • 2 Baths
    • 1,357 Sq Ft
    • 8701 Midnight Pass Rd
    • Unit 104
    • Sarasota, FL

    The best of bayfront living on Siesta Key with deeded beach access and boat slips. Experience the best of island living in this impeccably renovated bayfront residence at Turtle Bay, ideally on the serene southern end of world-renowned Siesta Key. Wake each morning to spectacular sunrises over the Intracoastal Waterway and wind down with vibrant sunsets near the beach—this is the quintessential

    Judie Berger PREMIER SOTHEBY'S INTERNATIONAL REALTY

    Section Image

Source: Stellar MLS

MLS Number: A4644937

Stellar MLS

APN: 0129-08-1068