Residential Property - Condominium in Sarasota
Listing Price: $535,000 (Mortgage Calculator →)
Description of 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.















































Bedrooms: 2
Bathrooms: 2
Half Baths: 1
Sq. Ft. Gross: 1,973
Garage: No
Carport: Yes1 vehicles
Parking Features: Covered
Water Frontage: Marina
Water Features: Skiing Allowed
Water Access: Marina
Property Details At A Glance
Property Type: Residential
Property Use or Sub Type: Condominium
City: Sarasota
County: Sarasota
Subdivision: Island Reef Ii Ph 1 2 & 3
Bedrooms: 2
Bathrooms: 2
Half Baths: 1
Sq. Ft. Gross: 1,973
Sq. Ft. Living Area: 1,768
Cost per (heated) sqare foot: $303
Year built: 1979
Annual Tax: $9,388
Condo Fee: $3,100 Quarterly
Taxes and fees can change periodically, and other fees may apply. Please check with your Suncoasteam agent for more details.
- Sewer
Appliances: Washer
Flooring: Ceramic Tile
Pool & Waterfront Info
Private Pool: Not specified
Water Front: Yes
Water Frontage: Marina
Water Access: Yes
Water Access Type: Marina
Water Name: LITTLE SARASOTA BAY
Exterior & Construction
Construction: Stucco
Foundation: Slab
Roof: Built-Up
Exterior Features: Tennis Court(s)
Carport: Yes
Carport Spaces: 1
Parking Features: Covered
Floors Total: 1
Floors in Unit: One
Cooling: Central Air
Heating & Fuel: Central
Patio & Porch Features: Screened
Security Features: Smoke Detector(s)
Sewer: Public Sewer
Water Source: Public
Community Features: Tennis Court(s)
Lot Information
Lot Size (acres): 6.31
Lot Size (sq. ft.): 274,901 square feet
Front Exposure: North
Legal Description & Other Information
Financing Available: VA Loan
Parcel Number: 0129081001
Zoning: RMF1
Pets Allowed/Pet Policies: Size Limit
Tax Legal Desc.: UNIT 101-F ISLAND REEF SECTION 2
Section: 32
Range: 18E
Listing courtesy of BRIGHT REALTY. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.