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$550,000

8773 MIDNIGHT PASS ROAD UNIT 102G, SARASOTA, FL 34242

3D Tour
Active305 days on market

Beds

2

Baths

2

Sq Ft

1,303 sq ft

Year Built

1981

Lot Size

—

Garage

—

About This Property

Welcome to Island Reef, a fantastic Beach to Bay Luxury Resort Complex on South Siesta Key. This rarely available first floor condo offers it's owners the ultimate in convenience with easy parking at the front door. Step out your back glassed lanai to the pool and tennis /pickleball courts, and beautiful courtyard. This 2 bedroom/2 bathroom condo is fully furnished and has been used as a vacation home and part-time rental. The open floor plan has split bedrooms, a glassed lanai, kitchen dinette, inside laundry, and a pass-through kitchen to the Living and Dining area. Recent updates include luxury vinyl plank through-out, and tile floors in the lanai. New area rugs and coastal furnishings create a comfortable, easy-care setting. There is ample storage with full-wall closets in the guest bedroom, a walk-in closet in the Master Bedroom, and a linen and entry closet and large storage room off the foyer. Amenities at Island Reef are second to none. Enjoy a swim or aerobics class in a choice of 2 heated pools. The updated clubhouse can be reserved for personal use and is the site of the many social events. Other amenities include; a game room, library, fitness room, dock, beach frontage, pickleball and tennis courts, shuffleboard, kayak and bike storage and an active social program. There is an inhouse rental program and on-site manager. If you want to head to the Siesta Key Beach, the SK Village, and beyond, you can pick up the free Trolley from the Island Reef Entrance. Walk to Turtles Restaurant or Turtle Beach Park or rent a boat from the nearby Marina. If you have always wanted to live in Paradise, here is your opportunity at a great price! This unit is SOLD AS-IS. The new dock has been completed. There is a short waiting list for those who would want to rent a dock.

Property Overview

Property TypeResidential
Sub TypeCondominium
MLS #A4674136
StatusActive
Year Built1981
Stories5
Total Rooms6
ConstructionBlock, Cement Siding, Concrete
RoofMembrane
FoundationSlab
FacesSouth
SubdivisionISLAND REEF 11 PH 1 & 2
CountySarasota
OwnershipCondominium
FurnishedFurnished

Interior Features

InteriorCeiling Fan(s), Eating Space In Kitchen, Living Room/Dining Room Combo, Open Floorplan, Split Bedroom, Thermostat, Walk-In Closet(s)
FlooringCeramic Tile, Luxury Vinyl, Tile
AppliancesDishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
LaundryElectric Dryer Hookup, In Kitchen, Inside, Laundry Closet, Washer Hookup
WindowsAluminum Frames, Blinds, Drapes
CoolingCentral Air
HeatingCentral, Electric, Heat Pump
SecurityFire Alarm

Exterior & Lot

ExteriorCourtyard, Irrigation System, Lighting, Outdoor Shower, Private Entrance, Rain Gutters, Sidewalk, Sliding Doors, Tennis Court(s)
Other StructuresTennis Court(s)
Lot FeaturesFloodZone, Landscaped, Level
Road SurfacePaved, Brick, Other
ViewPark/Greenbelt, Pool, Tennis Court

Pool & Spa

Private PoolYes
Pool FeaturesGunite, Heated, In Ground, Lighting, Tile

Waterfront

WaterfrontYes
FeaturesBay/Harbor Front, Gulf/Ocean Front, Waterfront, Bay/Harbor, Beach, Gulf/Ocean, Intracoastal Waterway

Utilities

WaterPublic
SewerPublic Sewer
UtilitiesCable Connected, Electricity Connected

Parking

GarageNo
CarportYes

HOA & Community

HOANo
Senior CommunityNo

Financial Details

List Price$550,000
Annual Taxes$3,925 (2025)
FinancingCash, Conventional
Parcel #0129081036

Schools

ElementaryPhillippi Shores Elementary
MiddleBrookside Middle
HighRiverview High

Directions

From US41/Tamiami Trail- Go West on Stickney Point Rd to South on Midnight Pass Rd, Turn left at the entrance to Island Reef (bayside) turn right past the tennis court to the G building, 8773. You can park in front of the unit in the designated parking. If that is full...guest parking is any unmarked parking nearby

Location

8773 MIDNIGHT PASS ROAD UNIT 102G, SARASOTA, FL 34242

Listing Information

OfficeEXP REALTY LLC
ListedDecember 5, 2025

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Home Price

$550,000

20% ($110,000)
6.75%

Loan Term

Principal & Interest$2,854
Property Tax (est.)$504
Insurance (est.)$150
Total Monthly$3,508
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Nearby Schools

How to Buy This Home

Multiple financing options available for this $550,000 home in SARASOTA.

🏦

Conventional

$27,500 Down

Traditional financing. As low as 3-5% down with good credit.

Florida Down Payment Assistance Programs

You may qualify for up to $35,000 in assistance to cover your down payment and closing costs.

Florida Hometown Heroes

Up to $35,000

First-time buyers working in FL

FL Assist

Up to $10,000

FHA, VA, or USDA borrowers

FL HLP Second Mortgage

Up to $10,000

First-time buyers, 0% deferred

Sarasota County SHIP

Varies

Income-qualifying Sarasota residents

Can You Afford This Home?

Quick check based on the 28% debt-to-income rule. Not a guarantee — just a starting point.

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Listing information is deemed reliable but not guaranteed. All measurements and data should be independently verified. This information is provided by the Stellar MLS. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: August 22, 2026.

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