8767 Midnight Pass Rd Unit 505F, Sarasota, FL 34242
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About this home
Escape to your own slice of coastal bliss at Island Reef, a premier Gulf-to-Bay resort-style haven tucked along the serene southern shores of Siesta Key. This inviting condo delivers the perfect blend of relaxed beach living and effortless convenience, whether you're dreaming of a sun-soaked family vacation, a peaceful getaway, or an easy-care rental retreat. Picture stepping out to pristine sands just a short, enjoyable stroll away—your deeded private beach access means soft white Gulf shores and turquoise waters are right at your fingertips, no car required. For even more adventure, the free Siesta Key trolley pulls up every 15–20 minutes directly at the community entrance, whisking you north to the world-famous powdery dunes of Siesta Beach, charming Siesta Village shops and eateries, Turtle Beach Park, or the nearby marina—making exploration fun, car-free, and breezy. From your vantage point, witness breathtaking dawns painting the sky in soft pinks and golds over the bay, and evenings that transform into pure enchantment with vibrant sunsets igniting the horizon in fiery hues. For an extra touch of wonder, step onto the lanai under the moonlight to watch the waterway come alive—silver game fish leaping playfully through shimmering, star-kissed waters that sparkle like scattered diamonds in the night. Inside, this turnkey gem welcomes you with fresh coastal charm: bright, airy spaces refreshed with new paint, stylish beach-inspired furnishings, and easy-maintenance flooring that keeps things light and carefree. The open layout flows seamlessly from a well-equipped kitchen to cozy living and dining areas, while split bedrooms offer privacy and comfort for families or guests. Enjoy morning coffee on the enclosed lanai with sweeping bay views, where gentle breezes and passing boats create that ultimate island vibe. Resort perks abound to elevate every day—lounge by not one but two heated pools, join a water aerobics session, or stay active on tennis and pickleball courts. Unwind in the fitness center, game room, library, or clubhouse (perfect for gatherings), and take advantage of shuffleboard, grilling spots, boat docks, kayak storage, and a lively social calendar. Pet-friendly touches and on-site management add extra ease. Whether you're seeking full-time paradise, seasonal escapes, or a hassle-free rental opportunity, this South Siesta Key treasure captures the essence of laid-back Florida living. Move right in, soak up the salt air, and let the trolley and nearby beach paths handle the rest—your coastal dream awaits at an unbeatable value! "Abundant storage throughout, with ample closet space, multiple built-ins, and additional built-in cabinetry"
CondoProperty Type
1979Year Built
$397Price/Sq.Ft.
$1,033/moHOA Dues
1 spaceParking
Listed by Kaitlin Kuhn• MICHAEL SAUNDERS & COMPANY
Contact: 941-349-3444
Bought with Sandy Whitehead, PA• ALLEN REAL ESTATE SERVICES INC
Est. $2,289 per month, based on comparable rentals
Sale and tax history for 8767 Midnight Pass Rd Unit 505F
Sale History
Tax History
Date
Event
Price
Stellar MLS as Distributed by MLS Grid #A4686097
Jul 1, 2026
Sold
$564,000
$397/sq ft
Jun 2, 2026
Pending
—
Apr 15, 2026
Listed
$600,000
$422/sq ft
Stellar MLS as Distributed by MLS Grid #A4639284
May 6, 2025
Listing Removed
—
Stellar MLS as Distributed by MLS Grid #A4607070
Jan 14, 2025
Listing Removed
—
Dec 1, 2024
Listing Removed
—
Oct 11, 2024
Listing Removed
—
Stellar MLS as Distributed by MLS Grid #A4597939
Apr 10, 2024
Listing Removed
—
Stellar MLS as Distributed by MLS Grid #A4410380
Jan 25, 2019
Sold
$470,000
$331/sq ft
Dec 12, 2018
Pending
—
Aug 11, 2018
Listed
$485,000
$341/sq ft
Public Records
Oct 1, 1996
Sold
$195,000
$137/sq ft
Public Records
Oct 2, 1989
Sold
$155,000
$109/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$6,205 (+44.7%)
$486,300
2024
$4,287 (+3.9%)
2023
$4,127 (+3.1%)
2022
$4,005
2021
$4,002 (−0.3%)
2020
$4,014 (−18.4%)
$324,500
2019
$4,917 (+70.7%)
$364,600
2018
$2,880 (+0.5%)
2017
$2,864
2016
$2,866 (−1.7%)
2015
$2,916 (+0.4%)
2014
$2,904 (+0.1%)
2013
$2,901 (+2.8%)
2012
$2,823
Public record
Public record
Zoning
Beds
2
Baths
2
Stories
1
Lot width
—
Lot depth
—
Lot size
—
Year renovated
2000
Sq. Ft.
1,421
Year built
1979
Style
Condo/Co-op
County
Sarasota County
APN
0129081032
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 15, 2026.
RMF-1
SKOD
Multi-Family District
The RMF Districts permit multifamily residential densities, which may take the form of a variety of housing types, including single-family detached, lot line, traditional, patio, villa, atrium, duplex, townhouse, multiplex, or apartment units. These districts are used in areas having convenient access to both collector and arterial streets, and nearby civic and commercial uses, as well as employment opportunities; The RMF Districts are generally used to implement the Comprehensive Plan within those areas shown as Medium Density Residential, High Density Residential, Office Multifamily Residential Areas and Corridors, and Town and Village Centers on the Future Land Use Map, on the Barrier Islands where the application of the district would not increase the density of development or hamper hurricane evacuation planning and disaster mitigation efforts, and Developments of Regional Impact. The RMF Districts, while not a primary implementing district, may also be allowed in Regional, Community, Village I, Village II, and Neighborhood Commercial Centers. Appropriate densities within the Medium Density and High Density Residential areas shall be guided by the density ranges as outlined in Future Land Use Policy 1.1.1, Objective 2.3, and Policy 2.3.1 of the Comprehensive Plan. These densities shall also be determined, in part, by the land use designations and developed residential areas surrounding the parcel.
Water Access Description: Gulf/Ocean,Gulf/Ocean to Bay,Intracoastal Waterway
Water Extras Y/N: 0
Property Information
CDD Y/N: 0
Homestead Y/N: 0
Other Equipment: Irrigation Equipment
Property Type: Residential
Property Sub Type: Condominium
Attached Property
Zoning: RMF1
Lot Information
Lot Size Acres: 0
Road Surface Type: Paved
Road Responsibility: Private Maintained Road
Lot Size Square Meters: 0
Building Information
MFR_BuildingAreaTotalSrchSqM: 132.02
MFR_BuildingNameNumber: 8767
Financial
Tax Information
Tax Annual Amount: $6,205.08
Tax Year: 2025
Lease / Rent Details
Lease Restrictions YN: 1
Utilities
Utility Information
Water Source: Public
Sewer: Public Sewer
Utilities: Public
Location
Multi-Family Financial Information
Total Annual Fees: $12,400
Total Monthly Fees: $1,033.33
Multi-Unit Information
Unit Number YN: 0
Furnished: Yes
HOA Information
Association Name: Island Reef Owners Association- Joy Stevanovich
Has HOA
MFR_Association2YN: 0
Montly Maintenance Amount In Addition To HOA Dues: 0
Association Fee Requirement: None
Association Approval Required Y/N: 1
Association Amenities: Cable TV, Clubhouse, Fitness Center, Laundry, Lobby Key Required, Maintenance, Pool, Recreation Facilities, Security, Tennis Court(s), Vehicle Restrictions
Association Fee Includes: Cable TV, Common Area Taxes, Pool, Escrow Reserves Fund, Insurance, Internet, Maintenance Structure, Maintenance Grounds, Maintenance, Management, Pest Control, Private Road, Recreational Facilities, Sewer, Trash, Water
Location Information
Directions: Midnight Pass South of Stickney Point Road, turn left into Island Reef, on the Intracoastal side.
Condo Information
Floor Number: 5
Monthly Condo Fee Amount: 1033
Condo Land Included Y/N: 0
Condo Fees Term: Quarterly
Condo Fees: 3100
Community Information
Community Features: Association Recreation - Owned, Buyer Approval Required, Clubhouse, Community Mailbox, Deed Restrictions, Fitness Center, No Truck/RV/Motorcycle Parking, Pool, Sidewalks, Special Community Restrictions, Tennis Court(s)
Pets Allowed: Dogs OK, Yes
Max Pet Weight: 30
Public facts
Beds: 2
Baths: 2.0
Sq. Ft.: 1,421
Stories: 1.0
Lot Size: —
Style: Condo/Co-op
Year Built: 1979
Year Renovated: 2000
County: Sarasota County
APN: 0129081032
Home facts updated by county records on Oct 15, 2026
Other
Miscellaneous Information
Third Party YN: 1
Listing Information
Attribution Contact: 941-349-3444
Previous Status: Pending
Backups Requested YN: 1
Listing Date Information
Days to Contract: 48
Status Contractual Search Date: 2026-07-01
Listing Price Information
Calculated List Price By Calculated Sq Ft: 422.24
Green Information
Green Verification Count: 0
Direction Faces: East
Home Information
Living Area: 1421
Living Area Units: Square Feet
Living Area Source: Public Records
Living Area Meters: 132.02
Building Area Total: 1421
Building Area Units: Square Feet
Building Area Source: Public Records
Foundation Details: Block, Stem Wall
Stories Total: 5
Levels: One
Security Features: Fire Sprinkler System, Security Lights, Smoke Detector(s)