8767 MIDNIGHT PASS RD #403F new

Sarasota,FL 34242

$ 725000

2 Beds

2 Baths

1303 SqFt


Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 1,303 sqft

Price per Sqft $556

Subdivision Island Reef Ii Ph 1 2 & 3

MLS Listing ID A4644284

Bedrooms 2

Full Baths 2

Condo Fees $3,000

Construction Status Completed

HOA Y/N No

Originating Board Stellar MLS

Annual Recurring Fee 12000.0

Year Built 1979

Annual Tax Amount $5,739

Lot Size 6.310 Acres

Acres 6.31

Property Sub-Type Condominium

Property Description

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 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. MIC DROP…Schedule your private showing today!

Location

State FL

County Sarasota

Community Island Reef Ii Ph 1 2 & 3

Zoning RMF1

Rooms

Other Rooms Inside Utility,Storage Rooms

Interior

Interior Features Ceiling Fans(s),Living Room/Dining Room Combo,Open Floorplan,Primary Bedroom Main Floor,Solid Surface Counters,Solid Wood Cabinets,Split Bedroom,Thermostat,Walk-In Closet(s)

Heating Central

Cooling Central Air

Flooring Carpet,Tile

Furnishings Furnished

Fireplace false

Appliance Dishwasher,Disposal,Dryer,Microwave,Range,Refrigerator,Washer

Laundry Inside,Laundry Closet

Exterior

Exterior Feature Balcony,Irrigation System,Lighting,Outdoor Grill,Outdoor Shower,Private Mailbox,Rain Gutters,Sliding Doors,Tennis Court(s)

Parking Features Covered,Guest

Pool Gunite,Heated,In Ground

Community Features Association Recreation - Owned,Buyer Approval Required,Clubhouse,Community Mailbox,Fitness Center,Pool,Restaurant,Sidewalks,Tennis Courts

Utilities Available BB/HS Internet Available,Cable Connected,Electricity Connected,Fiber Optics,Fire Hydrant,Phone Available,Public,Sewer Connected,Street Lights,Water Connected

Amenities Available Clubhouse,Elevator(s),Fitness Center,Maintenance,Pickleball Court(s),Pool,Recreation Facilities,Security,Shuffleboard Court,Spa/Hot Tub,Tennis Court(s)

Waterfront Description Bay/Harbor,Beach Front,Gulf/Ocean to Bay,Intracoastal Waterway,Marina

View Y/N Yes

Water Access Yes

Water Access Desc Bay/Harbor,Intracoastal Waterway,Marina

View Water

Roof Type Built-Up

Porch Enclosed,Rear Porch,Screened,Wrap Around

Garage false

Private Pool Yes

Building

Story 5

Entry Level One

Foundation Slab

Lot Size Range 5 to less than 10

Sewer Public Sewer

Water Public

Structure Type Concrete,Stucco

New Construction false

Construction Status Completed

Others

Pets Allowed Yes

HOA Fee Include Pool,Escrow Reserves Fund,Insurance,Maintenance Structure,Maintenance Grounds,Management,Pest Control,Security,Sewer

Senior Community No

Pet Size Small (16-35 Lbs.)

Ownership Condominium

Monthly Total Fees $1,000

Acceptable Financing Cash,Conventional,FHA,VA Loan

Listing Terms Cash,Conventional,FHA,VA Loan

Num of Pet 1

Special Listing Condition None

View More
Favorite Go Tour