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ActivePOOL HOMEWATERFRONT
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$4,000
$3/sqft35% reduced
HOA: NoneTaxes: 1097d on market

Island Reef

8770 MIDNIGHT PASS RD #302B, SARASOTA, FL, 34242

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2 Beds|2 Baths|1,286 Sq Ft|Built 1975
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💡 Price recently reduced — this could be a great opportunity to negotiate.

Waterfront
Waterfront
Beach Front, Gulf/ocean
Water Frontage
0 ft
Description
Dock - Composite
C2C

Coast 2 Coast Home Realty

Licensed Florida Realtors

4.9· 214 reviews

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Buyer Insights

This is one of the strongest opportunities we're seeing right now.

Why this home stands out

  • Price reduced 35% ($2,200 off original)
  • 1097+ days on market — seller may be motivated
  • Updated today

Buyer Insights are informational only — always verify with your agent.

Siesta Key living just steps from the Gulf of Mexico at beautiful, tranquil Island Reef on the quiet end of the Island. Spacious 2 bedrooms, 2 baths, laundry in residence, carport, and guest parking. Tile flooring throughout the condo. Island Reef is a serene waterfront community, one of the few true Gulf to Bay properties, that offers many desirable amenities including: beach and boat docks (lifts allowed), two lit tennis courts, pickleball, 2 fitness rooms, kayak storage, library, billiards, game room, clubhouse, two heated swimming pools, on site manager and more. Pet friendly! Imagine rising each day to panoramic vistas of the Gulf of Mexico, and to view coastal wildlife and breathtaking sunsets. Stroll over to the Bayside to enjoy the refreshing breezes and magnificent sunrises. Tropical gardens add to the appeal of Island Reef. Your new social life awaits a perfect 3-5 minutes walk to a trio of Siesta’s Keys favorite restaurants (casual and waterfront fine dining) or enjoy a complimentary trolley to Siesta Village for dining, shopping, ice crèam, mini donuts, cute brunch spots, yoga, and dancing every night of the week! SEASONAL GULF SIDE PRICE SCHEDULE: Jan-March 2026-$7,700.00 Leased (Unavailable January-March & April 2026) May-December 2026 is available. May 1st through December 30th 2026 is still available at $4,000.00 monthly.

Subdivision
ISLAND REEF I
County
Sarasota
Zip Code
34242
Community
Island Reef

Neighborhood

Map unavailable

Type
Condominium
Living Area
1,286 sqft
Construction
Roof
Flooring
Pool
Yes
HOA
None
  • Eat-in Kitchen
  • Elevator
  • Kitchen/family Room Combo
  • Living Room/dining Room Combo
  • Primary Bedroom Main Floor
  • Open Floorplan
  • Thermostat
  • Walk-in Closet(s)
  • Window Treatments
  • Outdoor Grill
  • Tennis Court(s)
  • Dishwasher
  • Disposal
  • Dryer
  • Electric Water Heater
  • Exhaust Fan
  • Ice Maker
  • Microwave
  • Range
  • Range Hood
  • Refrigerator
  • Washer
  • Enclosed
  • Clubhouse
  • Fitness Center
  • Pool
  • Sidewalks
  • Tennis Court(s)
  • Wheelchair Access
  • Water Access
  • Tennis Court(s)
Bedrooms
2
Bathrooms
2
Year Built
1975
Construction
Flooring
Roof
Garage Spaces
0
Cooling
Central Air
Heating
Central, Electric, Exhaust Fan
Waterfront
Yes
Pet Restrictions
Cats Ok, Dogs Ok, Number Limit, Pet Deposit, Size Limit
Lot Size
0 acres
Senior Community
No
Building Elevator
Yes
Pet Size
Small (16-35 Lbs.)
# of Pets
1
Max Pet Weight
35 lbs
Tax Year
Annual Tax Amount
No HOA fees on this listing.
Down Payment20% — $800
Interest Rate6.50%
Loan Term
Est. Mortgage
$20
HOA Fee
$0
Est. Property Tax
$0
Est. Insurance
$1
Total Est. Monthly Cost$22

* Estimates are for illustration purposes only and do not constitute an offer of financial advice. Actual rates, payments, insurance, and taxes will vary based on credit, location, and other factors. Contact a licensed mortgage professional for a personalized quote. Homeowners insurance estimate based on Florida averages.

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