8767 Midnight Pass Road 403f Sarasota, FL 34242

Condominium MLS #: A4644284 Courtesy Of SRQ Premier Realty

$725,000

2 beds | 2 baths | 1,303 sq ft
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Est. Property Tax: $5,739
Estimated monthly payments: $3,647/mo.* (recalculate)

Property InformationDescription

LUCRATIVE RENTAL INCOME OPPORTUNITY at this rare BEACH-TO-BAY COMMUNITY. Experience the Best of Siesta Key at Island Reef while your investment pays for itself and puts extra income in the bank.

This beautifully renovated 4th-floor condo offers views of Little Sarasota Bay and the Intracoastal Waterway. Move-in ready and tastefully furnished, this unit is perfect for personal enjoyment and / or rental income (MONTHLY RENTALS ALLOWED - SEE ATTACHED INCOME ANALYSIS).

The modern kitchen features granite countertops, white cabinetry, and seamlessly integrated clothes washer and dryer. The enclosed lanai, with sliding windows, provides a serene space to relax and take in the picturesque bay views. The spacious owner s suite includes a generous walk-in closet. There is an additional spacious bedroom with an extra large closet and this unit has as separate owner s closet to lock away personal belongings when rental guests arrive.

Island Reef is a sought-after Gulf-to-Bay community with an array of resort-style amenities, including private beach access, TWO heated pools, tennis and PICKLEBAL courts, a fitness center, clubhouse, grilling patios, shuffleboard, a pool table, video game room, library, and a vibrant social calendar including regular men's and women's golf outings. Boat docks are available on a first-come, first-served basis and the community allows you to install a boat lift in your slip.

Conveniently located, Island Reef is also just a short walk from three local restaurants, a full service marina with boat storage, boat rentals, and Turtle Beach playground. Plus, the FREE Siesta Key TROLLEY stops right at Island Reef, offering a hassle-free ride to Siesta Beach, Siesta Village, and all the attractions along Midnight Pass Road.

Paradise found. MIC DROP Schedule your private showing today!

Features

  • Age: 41-50 Years Old
  • Amenities: Dock, Pool, Ceiling Fan, Security System, Security System, Water Front
  • Appliances: Dishwasher, Dryer, Garbage Disposer, Microwave, Range, Refrigerator, Washer
  • Architecture Style: Other
  • Exterior Type: Concrete, Stucco
  • Floor Covering: Carpet, Tile
  • Heating System: Central Furnace
  • Lot Size: 6.31 Acres
  • Rooms: Great Room, Kitchen

Open Houses

Sunday, March 16, 2025, 11:00 AM - 2:00 PM

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8767 Midnight Pass Road 403f, Sarasota, FL 34242
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School Information

8767 Midnight Pass Road 403f, Sarasota, FL 34242

Elementary School
Grades PK-5 | Public School
PHILLIPPI SHORES ELEMENTARY SCHOOL
Sarasota, FL 34231
4747 S Tamiami Trl
941.­361.6424
Distance: 4.4 mi
School Rating
A-
Student:Teacher Ratio
15:1
Total Students
775
Middle School
Grades 6-8 | Public School
BROOKSIDE MIDDLE SCHOOL
Sarasota, FL 34239
3636 S Shade Ave
941.­361.6472
Distance: 5.4 mi
School Rating
B-
Student:Teacher Ratio
15:1
Total Students
749
High School
Grades 9-12 | Public School
SARASOTA HIGH SCHOOL
Sarasota, FL 34239
2155 Bahia Vista St
941.­955.0181
Distance: 7.1 mi
School Rating
C
Student:Teacher Ratio
21:1
Total Students
2308
Other Nearby Schools Distance Type Grades School Rating
Victory Baptist Academy 2.1 mi Private KG-12
Gulf Gate Elementary School 2.7 mi Public PK-5 B+
Mangrove School Of Sarasota 2.9 mi Private PK-8
Saltmeadow School 2.9 mi Private 1-11
Pine View School 3.3 mi Public 2-12 A+
Imagine School At Palmer Ranch 3.5 mi Public PK-8 C
Ese Special Programs 4.1 mi Public PK-12
Sarasota Virtual Instruction (course Offerings) 4.1 mi Public 9-12
Sarasota Virtual Instruction Program 4.1 mi Public KG-12 B-
Riverview High School 4.2 mi Public 9-12 B
Suncoast Technical College 4.5 mi Public 12
Sarasota Middle School 4.5 mi Public 6-8 A
Sarasota Virtual Academy (virtual Franchise) 4.5 mi Public KG-12
Suncoast Polytechnical High School 4.6 mi Public 9-12 A
Wilkinson Elementary School 4.7 mi Public PK-5 C+
Triad 4.8 mi Public 6-12 F
Ashton Elementary School 4.8 mi Public PK-5 A+
Newgate School 4.9 mi Private PK-12
Community Day School 5.2 mi Private PK-8
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

Sarasota, FL 34242

Median Age: 66.9
Married: 59%
Number of Households: 4,272
Households with Children: 6.3%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home
Copyright © 2025 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.