5400 OCEAN BOULEVARD #15 1-4 Sarasota, FL $ 4,000,000
5400 OCEAN BOULEVARD #15 1-4
$ 4,000,000
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5400 OCEAN BOULEVARD #15 1-4

Sarasota, FL, 34242
$ 4,000,000
Bedrooms2 Baths2.1 Sq 2,374

Monthly Estimate*

$ 25,256

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Condo for sale in Sarasota, FL

for $4,000,000 with 2 bedrooms and 2 full baths, 1 half bath. This 2,374 square foot condo was built in 1969.

Perched 15 floors above the Gulf of Mexico within The Terrace—Frank Folsom Smith's iconic beach-front landmark on Siesta Key—two corner residences were combined to create an extraordinary 2,365-SF home. Completely reimagined by award-winning architect Michael Halflants of Halflants + Pichette Studio for Modern Architecture, the residence received the prestigious AIA Florida/Caribbean Honor Award of Excellence in Interior Design and was featured in Sarasota Magazine's Dream Homes issue. Original interior walls were removed to reveal uninterrupted vistas that extend along the shoreline of Siesta Key, across Sarasota Bay, and to the downtown Sarasota skyline. The result is a flowing two-bedroom, two-and-a-half-bath residence where panoramic views, exceptional materials, and thoughtful design exist in perfect balance. At the center of the home, a sculptural Etimoe hardwood core houses the kitchen, storage, primary bath, and an expansive walk-in closet, bringing warmth and architectural definition to the open floor plan. Floor-to-ceiling, seven-panel bi-fold glass doors disappear completely at the corners, creating a seamless connection to the Gulf and inviting coastal breezes into the living spaces. Custom folding partitions provide privacy between the primary suite and main living areas without compromising the home's openness or visual continuity. Thoughtful custom details continue throughout the residence, including a custom steel desk overlooking the Gulf of Mexico, creating a work-from-home setting few could rival. The raw concrete ceiling from Smith's original 1969 design was scraped and clear-coated to a soft sheen, transforming a defining element of the building into a striking contemporary feature. Large-format porcelain tile, custom steel detailing, and carefully selected wood finishes complete a sophisticated material palette that feels both timeless and contemporary. Residents of The Terrace enjoy private access to Siesta Key's renowned beach and are just moments from the shops, restaurants, and energy of Siesta Village. More than a luxury beachfront residence, this is a rare opportunity to own an award-winning home within one of Sarasota's most recognizable waterfront landmarks, where exceptional architecture and Gulf-front living are seamlessly intertwined.

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Condo Active

Price

$ 4,000,000

Bedrooms

2

Full Bath

2

Half Bath

1

Property Type

Condo

Taxes

$ 30,871

Style

Contemporary Mid-Century Modern

Year Built

1969

Town/City

Sarasota

County/Region

Sarasota

MLS | Web ID

A4698001

Features
General
Sewer Public Sewer
Heating Electric
Cooling Central Air Zoned
Utilities Electricity Connected Water Connected
Roof Membrane
Appliances Bar Fridge Built-In Oven Cooktop Dishwasher Dryer Freezer Range Hood Refrigerator Tankless Water Heater Washer Wine Refrigerator
Zoning CONDO
Association Fee Includes Common Area Taxes Community Pool Maintenance Structure Maintenance Grounds Manager Pool Maintenance
Architectural Style Contemporary Mid-Century Modern
Construction Materials Concrete
Pets Allowed Cats OK Dogs OK Yes
Year Built 1969
View City Water
Levels One
Unit Number #15 1-4
Property Subtype Condominium
Tax Year 2025
Ownership Condominium
Waterfront Features Gulf/Ocean Front Beach Gulf/Ocean
Community Features Gulf/Ocean Front Buyer Approval Required Gated Community - No Guard Pool
County Sarasota
New Construction false
Property Type Residential
Association Amenities Elevator(s) Fitness Center Gated Lobby Key Required Maintenance Pool Storage
Subdivision Name TERRACE
Facing Direction Southwest
Garage Y/N false
Total Rooms 11
Full Baths 2
Status Active
Directions South bridge Stickney Point make a right onto Beach Avenue travel xxx miles until the road makes a right onto Ocean Avenue nearing Siesta Key Village. Make a left on to Ocean Avenue left into Beach Terrace. Guest parking toward the Gulf.
High School Sarasota High
City SARASOTA
Body of Water GULF OF MEXICO
Association Name MaryAnn Burchell
Senior Community Y/N false
MLS Area 34242 - Sarasota/Crescent Beach/Siesta Key
Carport Spaces 2
Carport Y/N true
Listing Terms Cash Conventional
Elementary School Phillippi Shores Elementary
Property Attached Y/N false
Land Lease Y/N false
Tax Annual Amount 30871
Middle/Junior High School Brookside Middle
Additional Parcels Y/N false
Lease Considered Y/N true
Virtual Tour https://motion-media-llc.aryeo.com/videos/019f7917-239f-703e-b800-9c656206f294
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Occupancy Type Owner
Tax Lot 0
Legal Description UNITS 15-1 & 15-4 THE TERRACE BEING SAME LANDS AS DESC AS 2014109920 & 2019105728
Water View Beach Gulf/Ocean - Full
Water Access Type Beach - Access Deeded Gulf/Ocean
Pet Size Limit Very Small (Under 15 Lbs.)
Minimum Lease 2 Months
Water Access Y/N true
Monthly Condo Fee Amount 3600
HOA Monthly Maintenance 0
Additional Rooms Storage Rooms
Water View Y/N true
Flood Zone Code AE
In Law Suite YN false
DockY/N false
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Interior
Interior Amenities Built-in Features Kitchen/Family Room Combo Solid Surface Counters Thermostat Walk-In Closet(s) Wet Bar Window Treatments
Flooring Porcelain Tile
Furnished Y/N Partially
Total Stories 1
Common Walls Corner Unit
Air Conditioning Y/N true
Heating Y/N true
Window Features Blinds Storm Window(s)
Fireplace Y/N false
Half Baths 1
Laundry Features Common Area
Total Bedrooms 2
Total Baths 3
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Exterior
Exterior Amenities Balcony
Parking Features Assigned Covered
Water Source Public
Foundation Details Slab
Building Area Total 1274
Road Surface Type Brick
Private Pool false
Waterfront Y/N true
Covered Spaces 2
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* Excluded Features
List By
mickeykiernan@michaelsaunders.com

Email

Affordability Calculator

$27,829
Per Month
91%
9%
0%
Monthly Principal & Interest
$25,256
Monthly Property Taxes
$2,573
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
0 Elementary School
0 Middle School
Sarasota High High School High School
Pricing History
DatePricePrice ChangeDescription
7/23/2026$4,000,000 Listed Price

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5400 OCEAN BOULEVARD #15 1-4, Sarasota, FL, 34242 is a Condo for sale at $4,000,000 with 2,374 sqft. 5400 OCEAN BOULEVARD #15 1-4 has 2 bedrooms, 2.1 baths, and was built in 1969. The property's zip code is 34242 which is in Sarasota, FL