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For sale
    • Price cut: $15K (2/27)
    $735,000

    8779 Midnight Pass Rd APT 502H, Sarasota, FL 34242

    2beds
    1,303sqft
    : 
    Condominium
    Built in 1980
    -- sqft lot
    $-- Zestimate®
    $564/sqft
    $1,033/mo HOA

    What's special

    Two lit tennis courtsTropical gardensGas grillsTwo heated poolsIn-residence laundryAlways-shaded lanai or balconyKitchen features granite countertops
    A rare top floor opportunity in a quiet corner of Island Reef. Stunning views of Little Sarasota Bay and the Gulf from the always-shaded lanai or balcony where sunrises and sunsets are easily visible this time of year. Renovated from top to bottom, this is one of the few units with "Impact Glass" already installed in the lanai. This is a true turn-key opportunity allows you to move in immediately and start enjoying this little corner of paradise. Kitchen features granite countertops, and the unit includes an in-residence laundry. Furnished and complete with a carport! Island Reef is a serene waterfront community, and one of the few Gulf-to-Bay communities that offers many desirable amenities including a beach, boat docks (lifts allowed), two lit tennis courts, pickleball, two fitness rooms, kayak storage, a library, billiards, a game room, a clubhouse, two heated pools and gas grills. Pet friendly! Tropical gardens enhance the appeal of Island Reef and this wonderful community, conveniently located near two of Siesta Key's popular restaurants. A complimentary trolley provides access to Siesta beach, Siesta Village offering dining, shopping, ice cream, mini donuts, cute brunch spots, dancing, and live music every night of the week.
    99 days
    |
    236
    |
    2
    |

    Zillow last checked: 7 hours ago

    Listing updated: March 20, 2026 at 02:50pm

    Listing Provided by:

    Marlene Marshall 941-539-8850,

    MICHAEL SAUNDERS & COMPANY 941-349-3444,

    George Marshall 941-961-3221,

    MICHAEL SAUNDERS & COMPANY

    Source: Stellar MLS,MLS#: A4673776MLS LogoOriginating MLS: Sarasota - Manatee

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 2
      Rooms
      • Room types: Utility Room, Storage Rooms
      Primary bedroom
      • Features: Walk-In Closet(s)
      • Level: First
      • Dimensions: 12x16.6
      Bedroom 2
      • Features: Built-in Closet
      • Level: First
      • Dimensions: 11.6x14.8
      Dining room
      • Level: First
      • Dimensions: 10.6x12
      Kitchen
      • Level: First
      • Area: 280 Square Feet
      • Dimensions: 14x20
      Living room
      • Level: First
      • Dimensions: 14.4x17.6
      Heating
      • Central, Electric
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer
      • Laundry: Electric Dryer Hookup, Inside, Washer Hookup
      Features
      • Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Split Bedroom, Stone Counters, Thermostat, Walk-In Closet(s)
      • Flooring: Carpet, Tile
      • Doors: Outdoor Grill, Outdoor Shower
      • Windows: Window Treatments
      • Has fireplace: No
      • Furnished: Yes
      Interior area
      • Total structure area: 1,421
      • Total interior livable area: 1,303 sqft
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      Property

      Parking
      • Total spaces: 1
      • Parking features: Guest
      • Carport spaces: 1
      Features
      • Levels: One
      • Stories: 1
      • Exterior features: Irrigation System, Lighting, Outdoor Grill, Outdoor Shower, Private Entrance, Sauna, Sidewalk, Sprinkler Metered, Tennis Court(s)
      • Pool features: Auto Cleaner, Heated, In Ground, Lighting, Self Cleaning
      • Has view: Yes
      • View description: Bay/Harbor - Full, Intracoastal Waterway
      • Has water view: Yes
      • Water view: Bay/Harbor - Full,Intracoastal Waterway
      • Waterfront features: Bay/Harbor Front, Gulf/Ocean Front, Waterfront, Bay/Harbor, Beach, Bay/Harbor Access, Beach Access, Gulf/Ocean Access, Gulf/Ocean to Bay Access, Intracoastal Waterway Access, Fishing Pier
      • Body of water: INTERCOASTAL WATERWAY
      Lot
      • Size: 6.31 Acres
      • Features: CoastalConstruction Control Line, Flood Insurance Required, FloodZone, In County, Landscaped, Private, Sidewalk
      • Residential vegetation: Mature Landscaping
      Details
      • Additional structures: Tennis Court(s)
      • Parcel number: 0129081088
      • Zoning: RMF1
      • Special conditions: None

      Construction

      Type & style
      • Home type: Condo
      • Architectural style: Traditional
      • Property subtype: Condominium
      Materials
      • Stucco
      • Foundation: Other
      • Roof: Other
      Condition
      • New construction: No
      • Year built: 1980

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: BB/HS Internet Available, Cable Available, Cable Connected, Electricity Available, Electricity Connected, Phone Available, Sewer Available, Sewer Connected, Sprinkler Well, Street Lights, Water Available, Water Connected

      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, Fitness Center, Pool, Sidewalks, Tennis Court(s)
      • Security: Smoke Detector(s)
      • Pet fee: $0 monthly
      • Subdivision: ISLAND REEF II PH 1 2 & 3
      HOA
      • Has HOA: Yes
      • Amenities included: Cable TV, Clubhouse, Elevator(s), Fitness Center, Laundry, Maintenance, Pickleball Court(s), Pool, Sauna, Shuffleboard Court, Tennis Court(s)
      • Services included: Cable TV, Common Area Taxes, Community Pool, Electricity, Internet, Maintenance Structure, Maintenance Grounds, Manager, Pest Control, Pool Maintenance, Private Road, Recreational Facilities, Sewer, Trash, Water
      • HOA fee: $1,033 monthly
      • HOA name: Island Reef Condominium Association
      • HOA phone: 941-349-2844
      • Second HOA name: Island Reef
      Location
      • Region: Sarasota

      Financial & listing details

      • Price per square foot: $564/sqft
      • Tax assessed value: $464,700
      • Annual tax amount: $5,824
      • Date on market: 12/12/2025
      • Cumulative days on market: 100 days
      • Listing terms: Cash,Conventional
      • Ownership: Condominium
      • Total actual rent: 0
      • Electric utility on property: Yes
      • Road surface type: Brick, Paved
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        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        Price history
        DateEventPrice
        2/27/2026Price change$735,000-2%$564/sqft
        Source: Stellar MLS #A4673776 Report a problem
        12/12/2025Listed for sale$750,000+92.3%$576/sqft
        Source: Stellar MLS #A4673776 Report a problem
        3/18/2012Listing removed$4,500$3/sqft
        Source: WAGNER REALTY #A3955612 Report a problem
        2/8/2012Listed for rent$4,500$3/sqft
        Source: Wagner Realty #A3955612 Report a problem
        10/30/2009Sold$390,000-8%$299/sqft
        Source: Stellar MLS #A3910265 Report a problem
        7/11/2009Listed for sale$424,000+58.2%$325/sqft
        Source: Michael Saunders & Companyr #3910265 Report a problem
        3/30/2000Sold$268,000$206/sqft
        Source: Public Record Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax assessment
        2025-- $464,700 +5.4%
        2024$5,825 -2.6%$440,827 +10%
        2023$5,981 +9.9%$400,752 +10%
        2022$5,443 +21.7%$364,320 +10%
        2021$4,471 +2.9%$331,200 +5.2%
        2020$4,344 -9.3%$314,900 -11.1%
        2019$4,788 $354,200 -1.4%
        2018$4,788 -1.1%$359,400
        2017$4,840 -1.7%$359,400
        2016$4,921 $359,400 +5%
        2015$4,921 $342,300 +18.9%
        2014$4,921 +15%$287,900
        2013$4,278 +1.4%$287,900 +0.4%
        2012$4,220 -1.7%$286,700 -3.5%
        2011$4,291 -4.2%$297,200 -1.8%
        2010$4,482 -19.2%$302,500 -6.7%
        2009$5,544 $324,100 -21%
        2008$5,544 -25.8%$410,000 -26.7%
        2007$7,474 $559,600 -1%
        2006-- $565,300 +22.2%
        2005-- $462,615 +24.5%
        2004$5,812 +3.3%$371,600 +7%
        2003$5,625 +21.9%$347,334 +22%
        2002$4,612 +48.7%$284,700 +45%
        2001$3,101 +39.8%$196,347 +23.5%
        2000$2,219 $159,032

        Find assessor info on the county website

        BuyAbility℠ payment

        Est. payment
        $5,477/mo
        Principal & interest
        $3666
        HOA Fees
        $1033
        Property taxes
        $778
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          Climate risks

          Neighborhood: 34242

          Getting around

          20 / 100
          Car-Dependent
          0 / 100
          No Nearby Transit
          39 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating

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