Active

$680,000

Features:
  • 2 Bedrooms
  • 2 Bathrooms
  • 1303 sq ft
Overview
  • ID: MFRA4644284
  • Bedrooms: 2
  • Bathrooms: 2
  • Size: 1303 sq ft
Property Details
Remarks
LUCRATIVE RENTAL INCOME OPPORTUNITY at this rare BEACH-TO-BAY COMMUNITY. Experience the Best of Siesta Key at Island Reef while your investment pays for itself and puts extra income in the bank. This beautifully renovated 4th-floor condo offers views of Little Sarasota Bay and the Intracoastal Waterway. Move-in ready and tastefully furnished, this unit is perfect for personal enjoyment and / or rental income (MONTHLY RENTALS ALLOWED - SEE ATTACHED INCOME ANALYSIS). The modern kitchen features granite countertops, white cabinetry, and seamlessly integrated clothes washer and dryer. The enclosed lanai, with sliding windows, provides a serene space to relax and take in the picturesque bay views. The spacious owner’s suite includes a generous walk-in closet. There is an additional spacious bedroom with an extra large closet and this unit has as separate owner’s closet to lock away personal belongings when rental guests arrive. Island Reef is a sought-after Gulf-to-Bay community with an array of resort-style amenities, including private beach access, TWO heated pools, tennis and PICKLEBAL courts, a fitness center, clubhouse, grilling patios, shuffleboard, a pool table, video game room, library, and a vibrant social calendar including regular men's and women's golf outings. Boat docks are available on a first-come, first-served basis and the community allows you to INSTALL A BOAT LIFT in your BOAT SLIP. Conveniently located, Island Reef is also just a short walk from three local restaurants, a full service marina with boat storage, boat rentals, and Turtle Beach playground. Plus, the FREE Siesta Key TROLLEY stops right at Island Reef, offering a hassle-free ride to Siesta Beach, Siesta Village, and all the attractions along Midnight Pass Road. Paradise found. ALL SPECIAL ASSESSMENTS ARE PAID. So, what are you waiting for? MIC DROP…Schedule your private showing today!
Financial Considerations
Price:
$680,000
HOA Fee:
N/A
Tax Amount:
$5739.59
Price per SqFt:
$521.87
Tax Legal Description:
UNIT 403-F ISLAND REEF SECTION 2
Exterior Features
Lot Size:
274901
Lot Features:
N/A
Waterfront:
Yes
Parking Spaces:
N/A
Parking:
Covered, Guest
Roof:
Built-Up
Pool:
Yes
Pool Features:
Gunite, Heated, In Ground
Interior Features
Bedrooms:
2
Bathrooms:
2
Heating:
Central
Cooling:
Central Air
Appliances:
Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
Furnished:
Yes
Floor:
Carpet, Tile
Levels:
One
Additional Features
Property Sub Type:
Condominium
Style:
N/A
Year Built:
1979
Construction Type:
Concrete, Stucco
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
North
Pets Allowed:
Yes
Special Condition:
None
Additional Features:
Balcony, Lighting, Outdoor Grill, Outdoor Shower, Private Mailbox, Rain Gutters, Sliding Doors, Tennis Court(s)
Additional Features 2:
Association Approval Process.
Map
  • Address
    8767 MIDNIGHT PASS RD #403F
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