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 owners suite includes a generous walk-in closet. There is an additional spacious bedroom with an extra large closet and this unit has as separate owners 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 DROPSchedule your private showing today!
Property Features
Bedrooms
- Bedrooms: 2
- Primary Bedroom Level: First
- Bedroom 2 Level: First
Other Rooms
- Total Rooms: 4
- Great Room Level: First
- Extra Room-1 Description: Inside Utility, Storage Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
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)
- Furnished Description: Furnished
- Flooring: Carpet, Tile
- Window Features: Blinds, Drapes, Tinted Windows
Appliances
- Dishwasher
- Disposal
- Dryer
- Microwave
- Range
- Refrigerator
- Washer
- Laundry Features: Inside, Laundry Closet
Heating and Cooling
- Cooling Features: Central Air
- Heating Features: Central
Kitchen and Dining
Waterfront and Water Access
- Water Body Name: LITTLE SARASOTA BAY
- Water Features: Bay/Harbor, Intracoastal Waterway, Marina
- Bay/Harbor
- Beach Front
- Gulf/Ocean to Bay
- Intracoastal Waterway
- Marina
- Waterfront Feet: 612
Exterior and Lot Features
- Balcony
- Irrigation System
- Lighting
- Outdoor Grill
- Outdoor Shower
- Private Mailbox
- Rain Gutters
- Sliding Doors
- Tennis Court(s)
- Other Structures: Outdoor Kitchen, Tennis Court(s)
- Patio And Porch Features: Enclosed, Rear Porch, Screened, Wrap Around
- Road Responsibility: Private Maintained Road
- Road Surface Type: Asphalt
Pool and Spa
- Pool Features: Gunite, Heated, In Ground
- Pool Private: Yes
- Spa Features: Heated, In Ground
- Spa: Yes
Garage and Parking
- Carport Spaces: 1
- Parking Features: Covered, Guest
Land Info
- Lot Size Acres: 6.31
- Vegetation: Mature Landscaping, Trees/Landscaped
- Lot Size Square Feet: 274901
Home Features
- View: Water
- Other Equipment: Intercom
- Security Features: Smoke Detector(s)
Homeowners Association
- Association Amenities: Clubhouse, Elevator(s), Fitness Center, Maintenance, Pickleball Court(s), Pool, Recreation Facilities, Security, Shuffleboard Court, Spa/Hot Tub, Tennis Court(s)
- Association Fee Includes: Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Management, Pest Control, Security, Sewer
- Calculated Total Monthly Association Fees: 1000
- Pets Allowed: Yes
- Pet Description: Pet Restrictions: One dog only, which at maturity weighs less than 30 pounds, or one cat only is permitted per unit. This includes dogs belonging to guests visiting at Island Reef., Pet Size: Small (16-35 Lbs.), Max Pet Weight: 30, Number Of Pets: 1
- Dogs Allowed: Yes
Condo Info
- Unit Floor In Building: 4
Rental Info
- Lease Term: Minimum Lease: 1 Month
Amenities and Community Features
- Community Features: Association Recreation - Owned, Buyer Approval Required, Clubhouse, Community Mailbox, Fitness Center, Pool, Restaurant, Sidewalks, Tennis Courts
Other Property Info
- Community Association WaterFeatures: Bay/Harbor Front, Boat Slip, Dock, Fishing, Gulf/Ocean Front, Intracoastal Waterway, Marina, Water Access, Waterfront
- Annual Tax Amount: 5739.59
- Source Listing Status: Active
- County: Sarasota
- Directions: From Stickney Point Bridge go south to 8767 Midnight Pass Rd. Turn left towards the Bayside. Then immediate Left to last building on the bayside waterfront (Building F ). Park in carport marked for #403 or in Guest Parking. Coded Lockbox hanging behind the Elevator Lobby Entrance near resident mailboxes. Large key opens the Lobby Door and Pool Door Gates.
- Tax Year: 2024
- Ownership: Condominium
- Source Property Type: Residential
- Area: 34242 - Sarasota/Crescent Beach/Siesta Key
- Property Subtype: condo
- Source Neighborhood: ISLAND REEF II PH 1 2 & 3
- Parcel Number: 0129081023
- Postal Code Plus 4: 2861
- Subdivision: ISLAND REEF II PH 1 2 & 3
- Township: 37S
- Zoning: RMF1
- Property Features: Condo Fees: 3000 Quarterly
- Property Subtype: Condominium
- Source System Name: C2C
Building and Construction
- Total Square Feet Living: 1303
- Year Built: 1979
- Building Area Source: Estimated
- Building Area Total: 1383
- Building Name: F
- Construction Materials: Concrete, Stucco
- Direction Faces: North
- Foundation Details: Slab
- Levels: One
- Property Age: 46
- Property Attached: Yes
- Property Condition: Completed
- Roof: Built-Up
- Levels or Stories: 5
- Building Total Stories: 5
- Structure Type: Mid Rise
- Elevator: Yes
Utilities
- Sewer: Public Sewer
- BB/HS Internet Available
- Cable Connected
- Electricity Connected
- Fiber Optics
- Fire Hydrant
- Phone Available
- Public
- Sewer Connected
- Street Lights
- Water Connected
- Water Source: Public
