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MLS ID #A4700373
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  1. Home
  2. /Sarasota, FL
  3. /Island Reef
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Island Reef

Community constructed 1975-1981

BUILDINGS (OVER 5 UNITS)
Gallery5
BUILDINGS (2-5 UNITS)
Gallery1
SINGLE UNITS
Gallery1

Island Reef

About Island Reef

Island Reef has 96 homes with 2-bedroom and 3-bedroom units. The unit sizes range from 1,251 to 1,973 square feet. The community includes five multi-unit buildings and one single-unit building. Residents can enjoy several amenities, such as a clubhouse, fitness center, pool, and tennis courts. The community offers recreational facilities and fishing opportunities. Sidewalks and water access enhance outdoor activities. Residents may have pets with size limits. The community provides maintenance services and has vehicle restrictions in place. These features create an active and welcoming space for homeowners and renters alike.

About Island Reef

Island Reef has 96 homes with 2-bedroom and 3-bedroom units. The unit sizes range from 1,251 to 1,973 square feet. The community includes five multi-unit buildings and one single-unit building. Residents can enjoy several amenities, such as a clubhouse, fitness center, pool, and tennis courts. The community offers recreational facilities and fishing opportunities. Sidewalks and water access enhance outdoor activities. Residents may have pets with size limits. The community provides maintenance services and has vehicle restrictions in place. These features create an active and welcoming space for homeowners and renters alike.
Community ImageView Listing
MLS ID #A4700373
Community ImagesMLS ID #A4700373
Community ImagesMLS ID #A4700373
Community ImagesMLS ID #A4690420

Buildings In Island Reef

No buildings found in this community.

Island Reef Market Stats Last 12 months

AVG. LISTED PRICE$595,625($439 /sqft.)

AVG. SALE PRICE$608,417($424 /sqft.)
YEAR OVER YEAR LIST PRICETrending Down10.45%

YEAR OVER YEAR SALE PRICETrending Down13.67%
TOTAL LISTINGS8 Listed

TOTAL SOLD8 Sold
AVERAGE DAYS ON MARKET139 days
AVERAGE HOA FEES PER SQFT$2 /monthly

Market StatsLast 12 months

AVG. LISTED PRICE
$595,625($439 /sqft.)

AVG. SALE PRICE
$608,417($424 /sqft.)
YEAR OVER YEAR LIST PRICETrending Down10.45%

YEAR OVER YEAR SALE PRICETrending Down13.67%
TOTAL LISTINGS8 Listed

TOTAL SOLD8 Sold
AVERAGE DAYS ON MARKET139 days
AVERAGE HOA FEES PER SQFT$2 /monthly

Island Reef Inventory & Sale History

Property
A306 - 8764 MIDNIGHT PASS RD UNIT A306-
1883Square Feet
2Beds
2Baths
256Days on Market
Sold For $1,200,000Listed on Oct 9, 2026
Property
201 - 8776 MIDNIGHT PASS-
1875Square Feet
2Beds
3Baths
109Days on Market
Sold For $1,100,000Listed on Apr 15, 2024
Property
B304 - 8770 MIDNIGHT PASS RD-
1886Square Feet
2Beds
2Baths
71Days on Market
Sold For $1,005,000Listed on Aug 23, 2024
Property
506H - 8779 MIDNIGHT PASS RD-
1768Square Feet
2Beds
3Baths
148Days on Market
Sold For $915,000Listed on Oct 22, 2025
Listing

A306 - 8764 MIDNIGHT PASS RD UNIT A306

-

Sold for $1,200,000

2 Beds    2 Bath    1883 sqft

Sold on Oct 9, 2026|256 days on market

Listing

201 - 8776 MIDNIGHT PASS

-

Sold for $1,100,000

2 Beds    3 Bath    1875 sqft

Sold on Apr 15, 2024|109 days on market

Island Reef Amenities

Elevator(s)
Elevator(s)
Fitness Center
Fitness Center
Pool
Pool
Security
Security
Fire Alarm
Fire Alarm
Laundry
Laundry
Tennis Court(s)
Tennis Court(s)
Spa/Hot Tub
Spa/Hot Tub
Sauna
Sauna
Clubhouse
Clubhouse
Storage
Storage
Balcony
Balcony
Smoke Detector(s)
Smoke Detector(s)
Elevator(s)
Elevator(s)
Fitness Center
Fitness Center
Pool
Pool
Security
Security
Fire Alarm
Fire Alarm

Amenities

Elevator(s)
Elevator(s)
Fitness Center
Fitness Center
Pool
Pool
Security
Security
Fire Alarm
Fire Alarm
Laundry
Laundry
Tennis Court(s)
Tennis Court(s)
Spa/Hot Tub
Spa/Hot Tub
Sauna
Sauna
Clubhouse
Clubhouse
Storage
Storage
Balcony
Balcony
Smoke Detector(s)
Smoke Detector(s)

Island Reef Policies

Pets allowed
Check
Pets allowed
BBQ allowed
BBQ not allowed
Sublet allowed
Sublet not allowed
Short term rental not allowed
Short term rental not allowed

The Neighborhood: Siesta Key, Sarasota

Frequently Asked Questions About Island Reef

How many buildings are there in Island Reef?

Island Reef has 7 buildings in total: 5 buildings with more than 5 units, 1 building with 2 to 5 units, and 1 single-unit building.

How much does property typically cost in Island Reef?

In Island Reef the average sales price is $608,417 and the average listed price is $595,625.

What amenities can I expect in buildings in Island Reef?

Buildings in Island Reef include: Clubhouse, Spa/Hot Tub, Sauna, Tennis Court(s), Elevator(s), Golf Carts OK, Boat Slip, Pickleball Court(s), Street Lights, Park, Lobby Key Required, Water Access, Racquetball, Restaurant, Pool, Recreation Facilities, Shuffleboard Court, Sidewalks, Optional Additional Fees, Irrigation, Fishing, Community Mailbox, Boat Facilities, Cable TV, Laundry, Fitness Center, Vehicle Restrictions, Private Boat Ramp, Maintenance.

What is the average HOA fee in buildings in Island Reef?

The average HOA fee in Island Reef is $2.

What is the parking situation like in Island Reef buildings?

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  1. Home
  2. /Sarasota, FL
  3. /Island Reef
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