Keller Williams Realty Select - Inna Zadniprovskiy
1/61
Listing Courtesy Of: OCEANS GLOBAL REALTY, LLC, John Brink
Local Realty Services Provided By: Keller Williams on the Water - Sarasota
Overview
What It'll Cost
Neighborhood
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$725,000
8767 MIDNIGHT PASS ROAD #403F, SARASOTA, FL 34242
2 Beds
2 Baths
1,303 sq ft
6.31 ac
$725,000

8767 MIDNIGHT PASS ROAD #403F, SARASOTA, FL 34242

Estimation provided by Keller Williams Realty Inc.
2 Beds
2 Baths
1,303 sq ft
6.31 ac
Active
For Sale
Virtual Tour

Property Description

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 BOAT 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!

Property Details

Compare This Home
Overview
Property Type
Condominium
Property Size
1,303 sq ft
Year Built
1979
Days on Site
11 Days
HVAC
Central, Central Air
Parking
Yes
Inna Zadniprovskiy at Keller Williams Realty Select
Keller Williams Realty Select
SL3601350

Activity History

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Purchase Price: $725,000
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Price & Tax History

Date
Event
Price
03/12/2025
Listed
$725,000
(+105.38%)
05/08/2013
Sold
$353,000
Year
Property Tax
Assessed Value
Assessed Value is a combination of the land and additions.
2023
$5,888
(+33.41%)
$524,800
Additions 524,800
2021
$4,414
(+2.94%)
$326,500
Additions 326,500
2020
$4,287
(-9.27%)
$310,400
Additions 310,400
2019
$4,725
(-1.7%)
$349,200
Additions 349,200
2017
$4,807
$350,600
Additions 350,600
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.

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Car-Dependent Walkable Very Walkable
Inna Zadniprovskiy at Keller Williams Realty Select
Keller Williams Realty Select
SL3601350

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