$595,000

Island Reef 8779 Midnight Pass Rd Unit 401H Sarasota, FL 34242

Estimated payment $4,657/month

2 Beds
2 Baths
1,485 Sq Ft
$401 Price per Sq Ft

Highlights

  • 800 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

Reserve your place in the sun for this Winter and years to come! ENJOY THE BAY VIEWS FROM THIS UPDATED HOME! Kitchen with Granite countertop, Laundry in Residence. Partially 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 Beach, Siesta Village for dining, shopping, ice cream, mini donuts, cute brunch spots and dancing and live music every night of the week!

Listing Agent

Marlene Marshall

MICHAEL SAUNDERS & COMPANY Brokerage Phone: 941-349-3444 License #3113521 Listed on: 08/08/2025

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

  • $4,802

Year Built

  • Built in 1980

Lot Details

  • Southwest Facing Home
  • Mature Landscaping
  • Well Sprinkler System
  • Street paved with bricks

HOA Fees

  • $1,000 Monthly HOA Fees

Property Views

Home Design

  • Traditional Architecture
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,485 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Partially Furnished
  • Ceiling Fan
  • Window Treatments
  • Great Room
  • Combination Dining and Living Room
  • Storage Room
  • Inside Utility
  • Sauna

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stone Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Parking

  • 1 Carport Space
  • Ground Level Parking
  • 1 Assigned Parking Space

Pool

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

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
  • Exterior Lighting
  • Outdoor Grill
  • Private Mailbox

Location

  • Flood Zone Lot
  • Flood Insurance May Be Required

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 cable TV, common area taxes, pool, internet, maintenance structure, ground maintenance, management, pest control, private road, recreational facilities, sewer, trash, water
  • Island Reef Homeowners Association, Phone Number (941) 349-2844
  • Visit Association Website
  • Island Reef Community
  • Island Reef Ii Ph 1 2 & 3 Subdivision
  • On-Site Maintenance
  • Association Owns Recreation Facilities
  • The community has rules related to deed restrictions

Amenities

  • Sauna
  • Clubhouse
  • Laundry Facilities
  • Elevator

Recreation

  • Recreation Facilities
  • Shuffleboard Court

Pet Policy

  • Pets up to 30 lbs
  • Pet Size Limit
  • 1 Pet Allowed
  • Dogs and Cats Allowed

Security

  • Card or Code Access
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,802

Year Built

Built in 1980

Lot Details

0

HOA Fees

$1,000 per month

Listing Details

  • HOA Fee Includes: Cable TV, Common Area Taxes, Pool, Internet, Maintenance Structure, Maintenance Grounds, Management, Pest Control, Private Road, Recreational Facilities, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Traditional
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1485
  • New Construction: No
  • Year Built: 1980
  • Building Area Total: 1485
  • Directions to Property: 2 1/2 Miles South of Stickney Point on Midnight Pass. Turn left ( EAST) into Island Reef, Turn right and 8779 is the building closest to the bay. Park in 401H Parking Space
  • 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: 400.67
  • Unit Number YN: 0
  • Water Access YN: 1
  • Condo Fees Term: Monthly
  • Water Frontage Feet Beach: 200
  • MFR_NumAssignedParkingSpaces: 1
  • MFR_InLawSuiteYN: 0
  • MFR_DockDescription: Dock - Slip 1st Come,Dock - Wood,Dock w/Electric,Dock w/Water Supply
  • MFR_DockYN: 1
  • MFR_DockMaintenanceFeeFrequency: Quarterly
  • MFR_CommunityAssociationWaterFeatures: Bay/Harbor Front,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, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Solid Surface Counters, Split Bedroom, Stone Counters, Thermostat, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Other
  • Total Bedrooms: 2
  • Levels: One
  • Other Equipment: Irrigation Equipment
  • Spa Yn: No
  • Stories: 1
  • Window Features: Window Treatments
  • Street Number Modifier: 8779
  • Additional Rooms: Great Room,Inside Utility,Storage Rooms
  • Living Area Meters: 137.96
  • Room Count: 5

Exterior Features

  • Direction Faces: Southwest
  • Other Structures: Tennis Court(s)
  • Pool Features: Auto Cleaner, Heated, In Ground, Lighting, Self Cleaning
  • Exterior Features: Lighting, Outdoor Grill, Outdoor Shower, Private Mailbox, Sauna, Sidewalk, Sprinkler Metered, Tennis Court(s)
  • Roof: Other
  • Home Warranty: No
  • Pool Private: Yes
  • View: Water
  • Water Body Name: INTERCOASTAL WATERWAY
  • Waterfront: Yes
  • Road Surface Type: Brick, Paved
  • 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: Bay/Harbor - Full,Intracoastal Waterway
  • Water View YN: 1
  • Waterfront Feet Total: 800
  • Additional Water Information: Beach access.
  • Water Frontage Feet Bay Harbor: 200
  • Water Frontage Feet ICW: 200
  • Water Frontage Feet Gulf Ocean: 200

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Yn: No
  • Parking Features: Assigned, Covered, Ground Level, Guest

Utilities

  • Utilities: Cable Connected, Electricity Available, Electricity Connected, Phone Available, Sewer Available, Sewer Connected, Sprinkler Well, 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: Association Recreation - Owned, Buyer Approval Required, Clubhouse, Deed Restrictions, Fitness Center, Pool, Sidewalks, Tennis Court(s), Street Lights
  • Association Amenities: Cable TV, Clubhouse, Elevator(s), Fitness Center, Laundry, Lobby Key Required, Maintenance, Pickleball Court(s), Pool, Recreation Facilities, Sauna, Shuffleboard Court, Tennis Court(s)
  • Association Name: Island Reef Homeowners Association
  • Phone: 941-349-2844
  • Association: Yes
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Association: Island Reef Homeowners Association
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Pet Restrictions: One Dog or Cat 30lbs.
  • 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: IRinfo@hhrmgt.com
  • Monthly Condo Fee Amount: 1000
  • Pet Size: Small (16-35 Lbs.)
  • Association URL: www.IslandReef.neet
  • Management: On Site Property Manager

Fee Information

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

Lot Info

  • Zoning: RMF1
  • Parcel Number: 0129081081
  • Additional Parcels: No
  • Lot Features: CoastalConstruction Control Line, Flood Insurance Required, FloodZone, In County, Landscaped, Private, Sidewalk, Street Brick, Paved
  • Property Attached Yn: Yes
  • Flood Zone Code: AE
  • Homestead YN: 1
  • Zoning Compatible YN: 1

Green Features

  • Green Verification Count: 0

Rental Info

  • Furnished: Partially
  • Pets Allowed: Cats OK, Dogs OK, Number Limit, Size Limit, Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Refer to Condo Assoc for lease restrictions.

Tax Info

  • Tax Annual Amount: 4802.44
  • Tax Book Number: 11-34
  • Tax Lot: 0

Multi Family

  • Waterfront Features: Bay/Harbor, Beach Front, Gulf/Ocean, Gulf/Ocean to Bay, Intracoastal Waterway
  • Approval Process: Refer to Condo Assoc for approval process.

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 $4,631 $404,318 -- --
2023 $4,631 $392,542 $0 $0
2022 $4,500 $381,109 $0 $0
2021 $4,502 $370,009 $0 $0
2020 $4,518 $364,900 $0 $364,900
2019 $4,433 $361,745 $0 $0
2018 $4,336 $355,000 $0 $355,000
2017 $4,409 $355,000 $0 $355,000
2016 $4,504 $355,000 $0 $355,000
2015 $3,769 $338,200 $0 $338,200
2014 $3,755 $284,500 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2025 08/08/25 For Sale $595,000 -- $401 / Sq Ft
Source: Stellar MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $450,000 Msc Title Inc
Warranty Deed -- Msc Title Inc
Warranty Deed -- Msc Title Inc
Warranty Deed -- Msc Title Inc
Warranty Deed -- Msc Title Inc
Warranty Deed -- Msc Title Inc
Warranty Deed -- Msc Title Inc
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $100,000 Credit Line Revolving
Closed $230,500 New Conventional
Previous Owner $360,000 Purchase Money Mortgage
Source: Public Records

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Source: Stellar MLS

MLS Number: A4661131

Stellar MLS

APN: 0129-08-1081