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Back 101F/8767 Midnight Pass Road
Off Market

101F/8767 Midnight Pass Road

Sarasota FL 34242

2
3
1
1973 sq. ft.
274901 sq. ft.
Condo
Last sold for $525,000
Mike Payne, PAMike Payne, PA, last sold this property on 21 May 2026 after 111 days on market.

Overview

$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.

Features

2 bedrooms
3 bathrooms
1 carspace
1 carport space
1973 sq. ft. floor area
274901 sq. ft. lot size
Condo

Estimated Value

Based on this property and similar 2 bedroom condos sold in Sarasota over the last 12 months, the estimated median property value of 101F/8767 Midnight Pass Road is $665k.

Median value
$665k
Estimated value range
$325k - $2.15m
Median days on market
75
Estimated value trend
-16%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Sarasota. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 101F/8767 Midnight Pass Road

2026
Sold
$525,000
21 May 2026 by Mike Payne, PA, of Bright Realty
2008
Sold
$550,000
18 Mar 2008 by Karen Louise Swanson, of SUNSET REALTY

Happy sellers in Sarasota

89%
89% of sellers in Sarasota reported that their sale price either exceeded or met their price expectations.

Sarasota stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 14 reviews in Sarasota over the last 12 months.

Local market activity for 2 bedroom condos in Sarasota

In the last 12 months, 191 two-bedroom condos similar to 101F/8767 Midnight Pass Road, have been sold.

This represents a 26% decrease in two-bedroom condos sales when compared to the previous 12 months.

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Christa Spalding

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