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$600,000 Just Listed

  • For Sale
  • Active
  • Condo
  • 2 Beds
  • 2 Full Baths
  • 1,421 Sq. Ft.
  • Updated 15 hours ago

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Open House: 11:00 AM - 2:00 PM

Sunday 4/19 11:00 AM - 2:00 PM

8767 Midnight Pass Road #505F,Sarasota, FL 34242

8767 Midnight Pass Road #505FSarasotaFL34242

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Escape to your own slice of coastal bliss at Island Reef, a premier Gulf-to-Bay resort-style haven tucked along the serene southern shores of Siesta Key. This inviting condo delivers the perfect blend of relaxed beach living and effortless convenience, whether you're dreaming of a sun-soaked family vacation, a peaceful getaway, or an easy-care rental retreat. Picture stepping out to pristine sands just a short, enjoyable stroll away-your deeded private beach access means soft white Gulf shores and turquoise waters are right at your fingertips, no car required. For even more adventure, the free Siesta Key trolley pulls up every 15-20 minutes directly at the community entrance, whisking you north to the world-famous powdery dunes of Siesta Beach, charming Siesta Village shops and eateries, Turtle Beach Park, or the nearby marina-making exploration fun, car-free, and breezy. From your vantage point, witness breathtaking dawns painting the sky in soft pinks and golds over the bay, and evenings that transform into pure enchantment with vibrant sunsets igniting the horizon in fiery hues. For an extra touch of wonder, step onto the lanai under the moonlight to watch the waterway come alive-silver game fish leaping playfully through shimmering, star-kissed waters that sparkle like scattered diamonds in the night. Inside, this turnkey gem welcomes you with fresh coastal charm: bright, airy spaces refreshed with new paint, stylish beach-inspired furnishings, and easy-maintenance flooring that keeps things light and carefree. The open layout flows seamlessly from a well-equipped kitchen to cozy living and dining areas, while split bedrooms offer privacy and comfort for families or guests. Enjoy morning coffee on the enclosed lanai with sweeping bay views, where gentle breezes and passing boats create that ultimate island vibe. Resort perks abound to elevate every day-lounge by not one but two heated pools, join a water aerobics session, or stay active on tennis and pickleball courts. Unwind in the fitness center, game room, library, or clubhouse (perfect for gatherings), and take advantage of shuffleboard, grilling spots, boat docks, kayak storage, and a lively social calendar. Pet-friendly touches and on-site management add extra ease. Whether you're seeking full-time paradise, seasonal escapes, or a hassle-free rental opportunity, this South Siesta Key treasure captures the essence of laid-back Florida living. Move right in, soak up the salt air, and let the trolley and nearby beach paths handle the rest-your coastal dream awaits at an unbeatable value!

Full Property Details for 8767 Midnight Pass Rd #505F

General

  • Price: $600,000
  • HOA FEE: $1,033/month
  • HOA FEE FREQ.: Quarterly
  • Taxes: $6,205 (2025)
  • Status: Active
  • Type: Condo
  • Source: MidFloridaRegionalMLS
  • MLS ID: A4686097
  • Updated: 4/17/2026
  • Added to Site: 3 day(s) ago

Rental Information

  • Min. Lease: 1 Month

Interior

  • Number of Rooms: 6
  • Interior Features: Ceiling Fan(s), Elevator, Primary Bedroom Main Floor, Solid Surface Counters, Walk-In Closet(s), Window Treatments
  • Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Furnishings: Furnished
  • Flooring: Tile, Vinyl

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 2

Other Rooms

  • Laundry: In Kitchen

Additional Information

  • Shared Amenities: Cable TV, Clubhouse, Elevator(s), Fitness Center, Laundry, Lobby Key Required, Maintenance, Pool, Recreation Facilities, Security, Tennis Court(s), Vehicle Restrictions
  • Pool Description: Heated, In Ground
  • Security/Safety: Fire Sprinkler System, Security Lights, Smoke Detector(s)

Exterior

  • Exterior Features: Courtyard, Irrigation System, Lighting, Outdoor Grill, Rain Gutters, Sidewalk, Tennis Court(s)

Parking

  • Carports: Yes
  • Carport: 1
  • Carport Spaces: 1
  • Covered Spaces: 1
  • Parking Features: Assigned, Guest

Location

  • Area: 34242 - Sarasota/Crescent Beach/Siesta Key
  • County: Sarasota
  • Development Name: 34242 - Sarasota/Crescent Beach/Siesta Key
  • Subdivision: ISLAND REEF II PH 1 2 & 3
  • Driving Directions: Midnight Pass South of Stickney Point Road, turn left into Island Reef, on the Intracoastal side.
  • Direction Faces: East

Community

  • Community Name: 34242 - Sarasota/Crescent Beach/Siesta Key
  • Community Features: Fishing, Intracoastal Waterway, Waterfront, Association Recreation - Owned, Buyer Approval Required, Clubhouse, Community Mailbox, Deed Restrictions, Fitness Center, No Truck/RV/Motorcycle Parking, Pool, Sidewalks, Special Community Restrictions, Tennis Court(s)
  • Optional Amenities: Cable TV, Clubhouse, Elevator(s), Fitness Center, Laundry, Lobby Key Required, Maintenance, Pool, Recreation
  • Association: Yes
  • Assoc. Name: Island Reef Owners Association- Joy Stevanovich
  • Assoc. Fees Include: Cable TV, Common Area Taxes, Community Pool, Escrow Reserves Fund, Insurance, Internet, Maintenance Structure, Maintenance Grounds, Maintenance Repairs, Manager, Pest Control, Pool Maintenance, Private Road, Recreational Facilities, Sewer, Trash, Water
  • Number of Pets: 1
  • Pet Restrictions: see condo documents, / 30lbs.

Heating & Cooling

  • Cooling Type: Central Air
  • Heating Type: Central, Electric

Utilities

  • Sewer: Public Sewer
  • Water District: INTRACOASTAL WATERWAY
  • Water: Public
  • Utility Description: Public

Structural Information

  • Exterior Const.: Block, Stucco
  • Roof: Built-Up
  • Windows: Shutters
  • Stories/Levels: One
  • Square Feet: 1,421
  • Sq. Ft. Source: Public Records
  • Year Built: 1979

Lot Features

  • Street/Road Desc.: Paved

Water Features

  • Water Front: Yes
  • Water Access: Yes
  • Water Access Desc: Gulf/Ocean, Gulf/Ocean to Bay, Intracoastal Waterway
  • Water Front Name: INTRACOASTAL WATERWAY
  • Water Front Desc.: Waterfront, Intracoastal Waterway

Financial Considerations

  • Assoc Fee Desc.: None
  • Condo Fee: $3,100
  • Condo Fee Freq: Quarterly
  • Tax Amount: $6,205.08
  • Tax Year: 2025

Disclosures and Reports

  • Ownership: Condominium
  • Special Conditions: None
  • Legal Description: UNIT 505-F ISLAND REEF SECTION 2
  • Flood Zone Info: AE
  • APN: 129081032
  • Property ID: 129081032

Listed by Michael Saunders & Company

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Listing agent

— 8767 Midnight Pass Rd #505F —

  • Michael Saunders & Company

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 8767 Midnight Pass Rd #505F

School District:Sarasota County School District
NameGradesDistance
Phillippi Shores Elementary School
4747 South Tamiami Trail, Sarasota, FL 34231
PK-54.4 mi
Brookside Middle School
3636 South Shade Avenue, Sarasota, FL 34239
6-85.4 mi
Sarasota High School
2155 Bahia Vista Street, Sarasota, FL 34239
9-127.1 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 8767 Midnight Pass Rd #505F Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/15/2026
Listed
$600,000
27.66%
MLS
1/25/2019
Sold
$470,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 8767 Midnight Pass Rd #505F

Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,596
31%
$486,300
35%
2024
$4,287
4%
$359,553
3%
2023
$4,127
3%
$349,081
6%
2021
$4,002
—
$329,043
-3%
2022
$4,005
—
$338,914
4%
2021
$4,002
-19%
$324,500
-11%
2019
$4,917
71%
$364,600
53%
2018
$2,880
1%
$238,186
2%
2017
$2,864
—
$233,287
2%
2016
$2,866
-2%
$228,489
1%
2015
$2,916
—
$226,901
1%
2014
$2,904
—
$225,100
2%
2013
$2,901
—
$221,773
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 8767 Midnight Pass Rd #505F

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by Michael Saunders & Company

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8767 Midnight Pass Road #505F, Sarasota, FL 34242 (MLS# A4686097) is a Condo property with 2 bedrooms and 2 full bathrooms. 8767 Midnight Pass Road #505F is currently listed for $600,000 and was received on April 15, 2026. Want to learn more about 8767 Midnight Pass Road #505F? Do you have questions about finding other Condo real estate for sale in Sarasota? You can browse all Sarasota real estate or contact a Coldwell Banker agent to request more information.

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