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$50K Price Improvement — Gulf-to-Bay Living on Siesta Key @ Island Reef

8767 Midnight Pass Road Unit 101fSarasota, FL, 34242

2beds
3baths
1,768sqft
Condominium
Built in 1979
$525,000
Sold
Price per sqft
$297
Sold on
May 21, 2026
MLS #A4680015Updated May 21, 2026

About this property

$50,000 Price Improvement — Now One of the Best Values on Siesta Key. At $535,000, this 1,700+ sq ft Island Reef condo is priced in line with nearby 1,300 sq ft units—creating a rare opportunity to own significantly more space without paying a premium. Located on the quieter south end of Siesta Key, this ground-floor residence overlooks Little Sarasota Bay and offers the kind of easy, coastal living that’s increasingly hard to find. The split-bedroom layout features two en suite bedrooms positioned on opposite sides of the condo, plus a half bath and a flexible space ideal for a small home office. Inside, the scale of the home stands out immediately—a massive living area, separate dining room, and an enclosed Florida room that captures peaceful bay and Intracoastal views. Natural light fills the space from morning through mid-day, while ceramic tile flooring throughout keeps maintenance simple and practical. The kitchen is equipped with butcher block countertops, abundant cabinetry, and a full-size layout that supports everyday living or extended stays. A full laundry room with standard-size washer and dryer adds to the convenience. What truly sets this unit apart is its ground-floor accessibility, generous square footage, and a strong track record of staying dry during past storms—an increasingly important consideration for waterfront buyers. Island Reef is a well-maintained, financially sound Gulf-to-Bay community with no upcoming assessments and on-site management. Residents enjoy deeded beach access just a short walk away, along with bayfront boat docks (with lift options), two heated pools, tennis and pickleball courts, fitness center, clubhouse, and an active social calendar. The free Siesta Key trolley stops right in front of the community, providing easy access to Siesta Village, dining, shopping, Turtle Beach, and nearby marinas. Offered turnkey furnished, this is a compelling opportunity for full-time living or seasonal enjoyment—especially for buyers who recognize value when they see it. Schedule your private showing today.

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Property details

Property type
Condominium
Street address
8767 Midnight Pass Road Unit 101f
City
Sarasota
State
FL
ZIP code
34242
Year built
1979
New construction
No
Faces
North
Rooms
10
Building stories
1
Living area
1,768 sqft
Total building area
1,973 sqft
Levels
One

Stellar MLSThe data relating to real estate displayed on this website comes in part from the Internet Data Exchange (IDX) Program of Stellar MLS. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; the availability of any listing should always be independently verified. Listing information is provided for consumers' personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law.Stellar (MFR) data last updated at November 8, 2026 at 5:00 AM EST

Price & sale history

EventPrice
SoldMLS #A4680015$525,000
Price reducedMLS #A4680015$535,000Change: −26.2%−$190,000
Listed for saleMLS #A4680015$725,000
SoldMLS #A374077$550,000
History may be incomplete.
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$50K Price Improvement — Gulf-to-Bay Living on Siesta Key @ Island Reef
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