Active

$620,000

Features:
  • 2 Bedrooms
  • 2 Bathrooms
  • 1303 sq ft
Overview
  • ID: MFRA4673053
  • Bedrooms: 2
  • Bathrooms: 2
  • Size: 1303 sq ft
Property Details
Remarks
Rare Gulf-to-Bay community with a large private Gulf beach and Bay-side boat docks where owners may install boat lifts in their slips. The community is financially sound with NO assessments, making this a worry-free coastal investment. Move-in ready. Turnkey furnished. What truly sets Island Reef apart is income potential: 1-month rentals are allowed—a rare policy on Siesta Key. That means you can enjoy your own slice of paradise and still generate excellent rental income when you’re not in residence. This flexibility makes the condo ideal for both personal use and a smart, self-funding getaway. This high-and-dry 4th-floor unit is beautifully renovated, offered furnished, and move-in ready. Natural light is a standout feature—sunshine pours through the screened/enclosed balcony from morning through mid-day, filling the living areas with a bright, breezy coastal feel. Enjoy peaceful views of Little Sarasota Bay and the Intracoastal Waterway from your enclosed lanai with sliding windows—perfect for coffee, cocktails, and quiet sunsets. The modern kitchen features granite countertops, crisp white cabinetry, and an integrated washer/dryer. The spacious owner’s suite includes a large walk-in closet, while the guest bedroom offers an extra-large closet plus a separate owner’s lock-away closet for personal items when guests arrive. Island Reef lives like a resort: two heated pools, tennis and pickleball courts, fitness center, clubhouse, grilling patios, shuffleboard, game room, library, and an active social calendar. You’re a short walk to restaurants, a full-service marina with rentals and storage, and Turtle Beach. And the free Siesta Key trolley stops right in front of the community, taking you to Siesta Village, shopping, dining, and more beaches along Midnight Pass Road. Beach-to-Bay lifestyle + rare 1-month rental flexibility = a standout Siesta Key value. Schedule your private showing today.
Financial Considerations
Price:
$620,000
HOA Fee:
N/A
Tax Amount:
$5739.59
Price per SqFt:
$475.83
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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