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For sale
  • $740,000

    8776 Midnight Pass Rd #C204, Sarasota, FL 34242

    2beds
    1,338sqft
    : 
    Condominium
    Built in 1975
    -- sqft lot
    $-- Zestimate®
    $553/sqft
    $1,033/mo HOA

    What's special

    Easy modern coastal designCovered parking spotGulfside poolGulf to bay settingTwo heated poolsIn-unit laundrySpacious condo
    Powdery white sand, warm Gulf breezes, and unforgettable sunset skies are not reserved for vacation here, they become your everyday backdrop in this beautiful Gulfside second floor 2 bedroom, 2 bathroom condo at Island Reef on Siesta Key. Easily accessible right off the elevator, this spacious condo is just steps from the beach and the Gulfside pool. Inside, an easy modern coastal design complements the Gulf views. The open living and dining areas feel airy and inviting, with large windows that frame the water and keep the view front and center. In-unit laundry adds every day convenience and a close by covered parking spot enhances the ease of ownership. The community of Island Reef offers a Gulf to Bay setting that allows residents to fully embrace waterfront living from both sides of the island. Spend your mornings walking the shoreline, your afternoons fishing from the pier or launching a kayak into the Bay, and your evenings enjoying the calm, coastal atmosphere that defines this community. Life here extends far beyond the walls of your condo. Two heated pools provide options for relaxation or socializing, while the fitness center, tennis and pickleball courts, shuffleboard, kayak/bike storage, and available boat slips support an active lifestyle. The clubhouse hosts regular gatherings that foster connection among neighbors, and additional features such as the game room, library, grilling patios, car wash areas, and on site management add both convenience and a sense of community. **THIS PROPERTY QUALIFIES FOR A 1% LENDER INCENTIVE IF USING PREFERRED LENDER. INQUIRE FOR MORE DETAILS.**
    40 days
    |
    675
    |
    8
    |

    Zillow last checked: 7 hours ago

    Listing updated: February 13, 2026 at 06:15am

    Listing Provided by:

    Toni Zarghami 941-248-2147,

    KW COASTAL LIVING III 941-900-4151,

    Mona Refay 941-321-3325,

    KW COASTAL LIVING III

    Source: Stellar MLS,MLS#: A4681337MLS LogoOriginating MLS: Sarasota - Manatee

    Tour with a local agent

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 2
      Primary bedroom
      • Features: Ceiling Fan(s), Walk-In Closet(s)
      • Level: First
      Bedroom 2
      • Features: Ceiling Fan(s), Built-in Closet
      • Level: First
      Primary bathroom
      • Features: En Suite Bathroom, Shower No Tub, Stone Counters
      • Level: First
      Bathroom 2
      • Features: Stone Counters, Tub With Shower
      • Level: First
      Dinette
      • Level: First
      Foyer
      • Level: First
      Kitchen
      • Features: Stone Counters
      • Level: First
      Living room
      • Features: Ceiling Fan(s)
      • Level: First
      Heating
      • Central, Electric
      Cooling
      • Central Air
      Appliances
      • Included: Bar Fridge, Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
      • Laundry: Inside, Laundry Closet
      Features
      • Ceiling Fan(s), Crown Molding, Eating Space In Kitchen, Open Floorplan, Stone Counters, Thermostat, Tray Ceiling(s), Walk-In Closet(s)
      • Flooring: Carpet, Tile
      • Doors: Sliding Doors
      • Windows: Window Treatments
      • Has fireplace: No
      Interior area
      • Total structure area: 1,448
      • Total interior livable area: 1,338 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 1
      • Parking features: Assigned, Covered, Deeded, Ground Level, Guest
      • Carport spaces: 1
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: None
      • Exterior features: Lighting, Sidewalk
      • Has view: Yes
      • View description: Pool, Water, Gulf/Ocean - Partial
      • Has water view: Yes
      • Water view: Water,Gulf/Ocean - Partial
      • Waterfront features: Bay/Harbor Front, Gulf/Ocean Front, Waterfront, Gulf/Ocean, Bay/Harbor Access, Beach - Access Deeded
      Lot
      • Features: In County, Sidewalk
      Details
      • Parcel number: 0129071057
      • Zoning: RMF1
      • Special conditions: None

      Construction

      Type & style
      • Home type: Condo
      • Property subtype: Condominium
      Materials
      • Block, Stucco
      • Foundation: Pillar/Post/Pier
      • Roof: Built-Up
      Condition
      • New construction: No
      • Year built: 1975

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: BB/HS Internet Available, Cable Available, Electricity Available, Public, Sewer Available, Water Available

      Community & HOA

      Community
      • Features: Bay/Harbor Front, Boat Slip, Dock, Fishing, Gulf/Ocean Front, Intracoastal Waterway, Water Access, Waterfront, Association Recreation - Owned, Buyer Approval Required, Clubhouse, Community Mailbox, Deed Restrictions, Fitness Center, Pool, Sidewalks, Special Community Restrictions, Tennis Court(s)
      • Security: Smoke Detector(s)
      • Pet fee: $0 monthly
      • Subdivision: ISLAND REEF I
      HOA
      • Has HOA: Yes
      • Amenities included: Clubhouse, Elevator(s), Fitness Center, Maintenance, Pool, Recreation Facilities, Tennis Court(s)
      • Services included: Cable TV, Community Pool, Reserve Fund, Fidelity Bond, Insurance, Maintenance Structure, Maintenance Grounds, Manager, Pest Control, Pool Maintenance, Private Road, Recreational Facilities, Sewer, Trash, Water
      • HOA fee: $1,033 monthly
      • HOA name: Joy Stevanovich
      • HOA phone: 941-349-2844
      Location
      • Region: Sarasota

      Financial & listing details

      • Price per square foot: $553/sqft
      • Tax assessed value: $622,100
      • Annual tax amount: $7,744
      • Date on market: 2/12/2026
      • Cumulative days on market: 3 days
      • Listing terms: Cash,Conventional
      • Ownership: Condominium
      • Total actual rent: 0
      • Electric utility on property: Yes
      • Road surface type: Paved
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        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        Price history
        DateEventPrice
        2/12/2026Listed for sale$740,000+0.7%$553/sqft
        Source: Stellar MLS #A4681337 Report a problem
        1/19/2024Sold$735,000-7.5%$549/sqft
        Source: Stellar MLS #A4589418 Report a problem
        12/20/2023Pending sale$795,000$594/sqft
        Source: Stellar MLS #A4589418 Report a problem
        11/14/2023Listed for sale$795,000+8.2%$594/sqft
        Source: Stellar MLS #A4589418 Report a problem
        4/17/2023Sold$735,000-2%$549/sqft
        Source: Stellar MLS #A4550802 Report a problem
        1/3/2023Pending sale$750,000$561/sqft
        Source: Stellar MLS #A4550802 Report a problem
        11/18/2022Price change$750,000-5.7%$561/sqft
        Source: Stellar MLS #A4550802 Report a problem
        10/28/2022Listed for sale$795,000+76.7%$594/sqft
        Source: Stellar MLS #A4550802 Report a problem
        3/6/2013Sold$450,000-5.3%$336/sqft
        Source: Public Record Report a problem
        2/26/2013Listed for sale$475,000$355/sqft
        Source: Michael Saunders & Company - Licensed Real Estate Broker Report a problem
        2/2/2013Pending sale$475,000$355/sqft
        Source: Michael Saunders & Company - Licensed Real Estate Broker Report a problem
        1/22/2013Listed for sale$475,000$355/sqft
        Source: Michael Saunders & Company - Licensed Real Estate Broker Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax assessment
        2025-- $622,100 +3.9%
        2024$7,442 -4.3%$598,800 +25.1%
        2023$7,777 +15.3%$478,797 +10%
        2022$6,742 +13.9%$435,270 +10%
        2021$5,922 +3.6%$395,700 +6.5%
        2020$5,715 -3%$371,500 -4.7%
        2019$5,893 $389,700 +4.6%
        2018$5,893 +3.9%$372,700
        2017$5,670 +11.7%$372,700
        2016$5,077 $372,700 +5%
        2015$5,077 -10.6%$355,000 +21.5%
        2014$5,676 +20.6%$292,300
        2013$4,706 +1.2%$292,300 +0.4%
        2012$4,648 -13.1%$291,100 -16.7%
        2011$5,347 -4.8%$349,400 -2.7%
        2010$5,616 -21.6%$359,000 -10.8%
        2009$7,159 $402,300 -21.1%
        2008$7,159 -8.2%$510,100 -13.2%
        2007$7,803 $588,000 -1%
        2006-- $594,000 +8.2%
        2005-- $548,815 +23.5%
        2004$6,873 +10.7%$444,436 +15%
        2003$6,211 +22.1%$386,466 +23%
        2002$5,088 +62%$314,200 +60%
        2001$3,141 +2.8%$196,359 +3%
        2000$3,055 $190,640

        Find assessor info on the county website

        BuyAbility℠ payment

        Est. payment
        $5,536/mo
        Principal & interest
        $3720
        HOA Fees
        $1033
        Property taxes
        $783
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          Climate risks

          Neighborhood: 34242

          Getting around

          18 / 100
          Car-Dependent
          0 / 100
          No Nearby Transit
          43 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating
          Schools provided by the listing agent
          • Elementary: Phillippi Shores Elementary
          • Middle: Sarasota Middle
          • High: Sarasota High

          Source: Stellar MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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