8773 Midnight Pass Rd Unit 502G, Sarasota, FL 34242

Off market oct 2023 for $690K

$582,718

Est. refi paymentEst. refi $3,456/mo

•

2 ba

•

1,303

sq ft

8773 Midnight Pass Rd Unit 502G, Sarasota, FL 34242

About this home

The dream of barefoot living is easily attainable at Island Reef on Siesta Key. From this spacious two-bedroom residence, enjoy views of tropical gardens with the white sands of Siesta Key only a short walk-away. Island Reef is one of the island’s hidden gems, offering resort-style living from the Gulf of Mexico to Sarasota Bay. This tropical getaway is a true haven of tranquility, outfitted with an open floor plan to relax and enjoy the comforts of home in between outdoor adventures. Relish peace and quiet in one of the two bedrooms with new carpeting. The owner's suite boasts a door to the lanai and a soothing earth-tone inspired bath with walk-in shower. New stainless-steel appliances make cooking a pleasure. Laundry in residence. Assigned carport and guest parking. Pet-friendly. The amenities embrace island luxury with two heated pools, saunas, two lighted tennis courts, pickle ball, billiards, two car wash areas, two fitness room, clubhouse, and gulf side social room, gas grills on grilling patios, bike storage, kayak racks and fishing pier. Steps from the beach on the Gulf of Mexico! Meet new friends with the active social calendar. Enjoy on-site management and maintenance-free living with the ease of being close to all the cultural activities Sarasota has to offer. $1900. quarterly fees. $600. of the $1900. is for reserves. No special assessments current or pending.

Property Description: Mid Rise

CondoProperty Type

1981Year Built

$447Est. Price/Sq.Ft.

1 spaceParking

Listed by Marlene Marshall • MICHAEL SAUNDERS & COMPANY

Listed by George Marshall • MICHAEL SAUNDERS & COMPANY

Bought with Marlene Marshall • MICHAEL SAUNDERS & COMPANY

Source:Stellar MLS as Distributed by MLS Grid #A4433918

Redfin Estimate

$582,718

$107K since sold in October 2023$11K since October

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 7.1% higher than the average sale price ($544K) of 6 comparable homes.

SOLD SEP 15, 2026
$605,000
A
2 beds2 baths1,357 sq ft
8735 Midnight Pass Rd Unit 105B, Sarasota, FL 34242
SOLD OCT 30, 2026
$535,000
B
2 beds2 baths1,485 sq ft
8779 Midnight Pass Rd Unit 401H, Sarasota, FL 34242
SOLD OCT 15, 2026
$610,000
C
2 beds2 baths1,650 sq ft
8710 Midnight Pass Rd Unit 203B, Sarasota, FL 34242
SOLD MAY 1, 2026
$570,000
D
2 beds2 baths1,303 sq ft
8767 Midnight Pass Rd Unit 403F, Sarasota, FL 34242
SOLD SEP 30, 2026
$315,000
E
2 beds2 baths1,288 sq ft
1715 Pelican Cove Rd Unit GL438, Sarasota, FL 34231
SOLD APR 1, 2026
$630,000
F
2 beds2 baths1,357 sq ft
8735 Midnight Pass Rd Unit 404B, Sarasota, FL 34242

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Earn from this home

Sell

$26,185

Est. take-home

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Refinance

Est. cash available

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Rent

$2,053/mo

Redfin rental estimate

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Market trends in 34242, FL

Last updated October 2026

Buyer's Market

Seller's Market

Buyer's market

Sale-to-list price

93.7%

0.4% MoM

Median sale price

$1.0M

$66K MoM

Avg. days on market

144d

2 days MoM

Recently sold homes

117

10 MoM

New listings for sale

NEW 9 HRS AGO
$630,000
2 beds2 baths1,498 sq ft
6287 Midnight Pass Rd #106, Sarasota, FL 34242
NEW 9 HRS AGO
$549,900
2 beds1.5 baths860 sq ft
1200 Cove II Pl #832, Sarasota, FL 34242
NEW 14 HRS AGO
$6,975,000
6 beds6.5 baths4,373 sq ft
3482 Flamingo Ave, Sarasota, FL 34242
OPEN SAT, 12PM TO 2PM
$850,000
2 beds2 baths1,290 sq ft
6415 Midnight Pass Rd Unit P10, Sarasota, FL 34242
NEW 33 HRS AGO
$1,500,000
2 beds3 baths1,739 sq ft
5780 Midnight Pass Rd #301, Sarasota, FL 34242
NEW 1 DAY AGO
$1,895,000
3 beds2.5 baths1,632 sq ft
9203 Midnight Pass Rd #2, Sarasota, FL 34242
OPEN SUN, 1PM TO 4PM
$1,250,000
4 beds4 baths3,050 sq ft
5324 Siesta Ct, Sarasota, FL 34242
$3,995,000
5 beds6 baths3,891 sq ft
1140 Windsong Ln Unit A, Sarasota, FL 34242
OPEN SAT, 1PM TO 3PM
$1,124,900
2 beds2 baths1,180 sq ft
6018 W Peppertree Way Unit 231B C, Sarasota, FL 34242
$7,900,000
10 beds14 baths7,782 sq ft
1142 Windsong Ln, Sarasota, FL 34242
See all

Provided by Redfin

Sale history for 8773 Midnight Pass Rd Unit 502G

Date

Event

Price

Public Records

Oct 31, 2023

Sold

$690,000

$530/sq ft

Stellar MLS as Distributed by MLS Grid #A4433918

Dec 31, 2019

Sold

$432,000

$332/sq ft

Nov 4, 2019

Pending

—

Sep 24, 2019

Price Changed

$439,000

$337/sq ft

Aug 20, 2019

Price Changed

$449,000

$345/sq ft

Apr 19, 2019

Listed

$459,000

$352/sq ft

Property Description

Mid Rise

Stellar MLS as Distributed by MLS Grid #W7800572

Jul 11, 2018

Listing Removed

—

Stellar MLS as Distributed by MLS Grid #A4177652

Apr 15, 2018

Listing Removed

—

Stellar MLS as Distributed by MLS Grid #A4139053

Feb 26, 2016

Sold

$390,000

$299/sq ft

Feb 25, 2016

Pending

—

Jan 25, 2016

Contingent

—

Jan 5, 2016

Price Changed

$399,900

$307/sq ft

Dec 8, 2015

Listed

$419,000

$322/sq ft

Public Records

Dec 30, 1998

Sold

$185,000

$142/sq ft

Public Records

Apr 10, 1995

Sold

$185,000

$142/sq ft

Tax history for 8773 Midnight Pass Rd Unit 502G

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Zoning

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.

Zone overlays

Siesta Key Overlay District

Permitted uses

Include but are not limited to:

Community / recreation center
Day care facility
Housing-Group
Housing-Single unit
Housing-Multiple units
Housing-Senior
Housing-Student
Infrastructure
Wastewater treatment
Park & open space

Property details

Interior

Bathroom Information
# of Full Baths: 2

Room Information
# of Rooms: 4

Exterior

Exterior Information
Foundation Type: Pier
Construction Type: Masonry
Building Construction Quality: Above Average
Exterior Wall: Stucco
Roof Covering Type: Built Up Tar and Gravel
Roof Framing Type: Masonry
Roof Shape Type: Built Up Tar and Gravel
Building Type: Condo Apartment

View Information
View: Pool

Property Information
Subdivision Name: ISLAND REEF II PH 1 2 & 3
Living Sq. Ft: 1,303
Gross Sq. Ft: 1,421
Adjusted Gross Sq. Ft: 1,421
Ground Floor Sq. Ft: 1,303
# of Units: 1
# of Stories: 1
Stories Type: 1
Legal Description: UNIT 502-G ISLAND REEF SECTION 2

Lot Information
# of Buildings: 1
Land Sq. Ft: 274,901
Legal Lot Number: 502G
Acres: 6.3109
Zoning Code: RMF1
County Use Description: CONDO-MID-RISE 2-6 STORIES
State Use Description: CONDOMINIUM

Location Information
Parcel Location Influence: Gulf

Financial

Assessor Information
Assessment Year: 2025
Tax District County: SIESTA KEY SPCL LIGHT DIST
Tax Area: SIESTA KEY SPCL LIGHT DIST

Public facts

Beds: 2
Baths: 2.0
Sq. Ft.: 1,303
Stories: 1.0
Lot Size: —
Style: Condo/Co-op
Year Built: 1981
Year Renovated: 2011
County: Sarasota County
APN: 0129081059

Home facts updated by county records on Oct 15, 2026

About this building

2 for sale

8773 Midnight Pass Rd, Sarasota, FL 34242

See photos & sale trends

Photo via 102G listing

Units for sale


102G	$550,000	2 beds	2 baths	1303 sq ft
504G	$615,000	2 beds	2 baths	1303 sq ft

Around this home

Schools

K - 12
Preschool & daycare

Phillippi Shores Elementary School

Public PreK-5 • Assigned • 4.4mi

9/10

Brookside Middle School

Public 6-8 • Assigned • 5.4mi

7/10

Sarasota High School

Public 9-12 • Assigned • 7.1mi

5/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

9/10 Flood Factor

Estimated 80%+ chance of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

10/10 Heat Factor

7 days above 107° expected this year, 27 days in 30 years

10/10 Wind Factor

99% chance of strong winds in next 30 years

2/10 Air Factor

1 unhealthy days expected this year, 1 days in 30 years

Provided by First Street

Historical weather

Sarasota, FL • 34242

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.2 hours in June and 6.4 hours in December, placing it above the U.S. average for solar exposure.

9.2 hrs

6.4 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$554,000 – $671,000

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Nearby similar homes

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New listings for sale in 34242

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Community pools • Fitness center • $1,078 HOA

NEW 9 HRS AGO

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NEW 14 HRS AGO3D WALKTHROUGH

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3482 Flamingo Ave, Sarasota, FL 34242

Custom built estate • Palm lined drive • 45 ft long pool

OPEN SAT, 12PM TO 2PM

$850,000

2 beds2 baths1,290 sq ft

6415 Midnight Pass Rd Unit P10, Sarasota, FL 34242

Multiple balconies • Private balcony • Gated community

NEW 33 HRS AGO

$1,500,000

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5780 Midnight Pass Rd #301, Sarasota, FL 34242

Winding pathways • Freshwater lagoons • Manicured grounds

NEW 1 DAY AGO

$1,895,000

3 beds2.5 baths1,632 sq ft

9203 Midnight Pass Rd #2, Sarasota, FL 34242

Remodeled kitchen • Renovated bathrooms • New private dock

OPEN SUN, 1PM TO 4PM

$1,250,000

4 beds4 baths3,050 sq ft

5324 Siesta Ct, Sarasota, FL 34242

Tree lined streets • Bright foyer • Large format tile

$3,995,000

5 beds6 baths3,891 sq ft

1140 Windsong Ln Unit A, Sarasota, FL 34242

Turnkey furnished • Private elevator • Multiple terraces

OPEN SAT, 1PM TO 3PM

$1,124,900

2 beds2 baths1,180 sq ft

6018 W Peppertree Way Unit 231B C, Sarasota, FL 34242

Deeded beach access • Motorized blinds • Private garage

Home values near 8773 Midnight Pass Rd Unit 502G

Data from public records.

Address	Redfin Estimate
8773 Midnight Pass Rd Apartment 204G, Sarasota, FL 2 Beds \| 2 Baths \| 1303 Sq. Ft.	$592,165
8773 Midnight Pass Rd Apartment 302G, Sarasota, FL 2 Beds \| 2 Baths \| 1303 Sq. Ft.	$502,422
8773 Midnight Pass Rd Apartment 303G, Sarasota, FL 2 Beds \| 2 Baths \| 1303 Sq. Ft.	$531,068
8773 Midnight Pass Rd Apartment 102G, Sarasota, FL 2 Beds \| 2 Baths \| 1303 Sq. Ft.	$513,580
8773 Midnight Pass Rd Apartment 201G, Sarasota, FL 2 Beds \| 2 Baths \| 1303 Sq. Ft.	$521,711
8773 Midnight Pass Rd Apartment 504G, Sarasota, FL 2 Beds \| 2 Baths \| 1303 Sq. Ft.	$598,038
8773 Midnight Pass Rd Apartment 305G, Sarasota, FL 2 Beds \| 2 Baths \| 1303 Sq. Ft.	$498,788

Address	Redfin Estimate
8773 Midnight Pass Rd Apartment 203G, Sarasota, FL 2 Beds \| 2 Baths \| 1421 Sq. Ft.	$508,440
8773 Midnight Pass Rd Apartment 301G, Sarasota, FL 2 Beds \| 2 Baths \| 1303 Sq. Ft.	$500,205
8773 Midnight Pass Rd Apartment 101G, Sarasota, FL 2 Beds \| 2 Baths \| 1303 Sq. Ft.	$513,718
8773 Midnight Pass Rd Apartment 105G, Sarasota, FL 2 Beds \| 2 Baths \| 1303 Sq. Ft.	$517,434
8773 Midnight Pass Rd Apartment 501G, Sarasota, FL 2 Beds \| 2 Baths \| 1485 Sq. Ft.	$568,804
8773 Midnight Pass Rd Apartment 505G, Sarasota, FL 2 Beds \| 2 Baths \| 1303 Sq. Ft.	$501,290
8773 Midnight Pass Rd Apartment 306G, Sarasota, FL 2 Beds \| 2.5 Baths \| 1768 Sq. Ft.	$621,111

Address	Redfin Estimate
8773 Midnight Pass Rd Apartment 206G, Sarasota, FL 3 Beds \| 2.5 Baths \| 1875 Sq. Ft.	$704,361
8773 Midnight Pass Rd Apartment 304G, Sarasota, FL 2 Beds \| 2 Baths \| 1303 Sq. Ft.	$540,973
8773 Midnight Pass Rd Apartment 103G, Sarasota, FL 2 Beds \| 2 Baths \| 1303 Sq. Ft.	$488,579
8773 Midnight Pass Rd Apartment 202G, Sarasota, FL 2 Beds \| 2 Baths \| 1303 Sq. Ft.	$450,835
8773 Midnight Pass Rd Apartment 503G, Sarasota, FL 2 Beds \| 2 Baths \| 1303 Sq. Ft.	$580,353
8773 Midnight Pass Rd Apartment 506G, Sarasota, FL 2 Beds \| 2.5 Baths \| 1768 Sq. Ft.	$679,354
8773 Midnight Pass Rd Apartment 401G, Sarasota, FL 2 Beds \| 2 Baths \| 1421 Sq. Ft.	$534,086

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in 34242, FL

Sale history for 8773 Midnight Pass Rd Unit 502G

Tax history for 8773 Midnight Pass Rd Unit 502G

Zoning

Property details

About this building

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 34242

Home values near 8773 Midnight Pass Rd Unit 502G

More real estate resources