Residential Property - Condominium in Sarasota
Listing Price: $620,000 (Mortgage Calculator →)
Description of Property
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.
Bedrooms: 2
Bathrooms: 2
Sq. Ft. Gross: 1,383
Garage: No
Carport: Yes1 vehicles
Parking Features: Guest
Private Pool: Yes
Pool Featuress: In Ground
Spa Features: In Ground
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
Sq. Ft. Gross: 1,383
Sq. Ft. Living Area: 1,303
Cost per (heated) sqare foot: $476
Year built: 1979
Annual Tax: $5,740
Condo Fee: $3,000 Quarterly
Taxes and fees can change periodically, and other fees may apply. Please check with your Suncoasteam agent for more details.
- Sewer
Appliances: Washer
Window Features: Tinted Windows
Additional Rooms: Storage Rooms
Flooring: Tile
Pool & Waterfront Info
Private Pool: Yes
Pool Features: In Ground
Spa Features: In Ground
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: Guest
Floors Total: 5
Floors in Unit: One
Cooling: Central Air
Heating & Fuel: Central
Electric:
Patio & Porch Features: Wrap Around
Security Features: Smoke Detector(s)
Other Structures: Tennis Court(s)
View: Water
Fencing:
Sewer: Public Sewer
Water Source: Public
Community Features: Tennis Court(s)
Association Amenities: 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: 0129081023
Zoning: RMF1
Pets Allowed/Pet Policies: Yes
Tax Legal Desc.: UNIT 403-F ISLAND REEF SECTION 2
Section: 32
Range: 18E
Listing courtesy of OCEANS GLOBAL REALTY, LLC. 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.