$4,000,000
Est. $20,670/mo principal and interest at 6.71% with 20% down
2 bd · 2.5 ba · 2,374 sqft · Condominium
Active
About this home
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.
Monthly costs
- Includes
- Common Area Taxes, Community Pool, Maintenance Structure, Maintenance Grounds, Manager, Pool Maintenance
- Est. monthly fees
- $3,600/mo
Estimated total including HOA and other monthly association fees
Key facts
- Type
- Condominium
- Size
- 2,374 sqft
- Bedrooms
- 2
- Bathrooms
- 2.5
- Avg. price per sqft
- $1,685
- Days on market
- 42
- Year built
- 1969
- Parking
- 2-car carport
- HOA
- $3,600/mo
- Annual taxes
- $30,871
- Flood zone
- AE
- Heating
- Electric
- Cooling
- Central Air, Zoned
- Pets
- Cats OK, Dogs OK, Yes
- Waterfront
- Yes
- Furnished
- Partially
- Subdivision
- TERRACE
- Financing
- Cash, Conventional
- Stories
- 1
- Levels
- One
- County
- Sarasota
- MLS number
- A4698001
- Status
- Active
- Property address
- 5400 Ocean Blvd Unit 15 1-4, Sarasota, FL 34242
Features and extras
- Bar Fridge
- Built-In Oven
- Cooktop
- Dishwasher
- Dryer
- Freezer
- Range Hood
- Refrigerator
- Tankless Water Heater
- Washer
- Wine Refrigerator
- Built-in Features
- Kitchen/Family Room Combo
- Solid Surface Counters
- Thermostat
- Walk-In Closet(s)
- Wet Bar
- Window Treatments
- Balcony
- Gulf/Ocean Front
- Buyer Approval Required
- Gated Community - No Guard
- Pool
- Assigned
- Covered
- Elevator(s)
- Fitness Center
- Gated
- Lobby Key Required
- Maintenance
- Storage
- Common Area
- Porcelain Tile
Property details
Interior
- Built-in Features
- Kitchen/Family Room Combo
- Solid Surface Counters
- Thermostat
- Walk-In Closet(s)
- Wet Bar
- Window Treatments
- Bar Fridge
- Built-In Oven
- Cooktop
- Dishwasher
- Dryer
- Freezer
- Range Hood
- Refrigerator
- Tankless Water Heater
- Washer
- Wine Refrigerator
- Porcelain Tile
- Common Area
- Corner Unit
Exterior
- Balcony
- Assigned
- Covered
- Concrete
Community
- Gulf/Ocean Front
- Buyer Approval Required
- Gated Community - No Guard
- Pool
- Elevator(s)
- Fitness Center
- Gated
- Lobby Key Required
- Maintenance
- Storage
Schools
- District
- Sarasota County School District
- Elementary
- PHILLIPPI SHORES ELEMENTARY SCHOOL
- Middle
- BROOKSIDE MIDDLE SCHOOL
- High
- SARASOTA HIGH SCHOOL
School grades from FLDOE public records. District polygons and school points from NCES EDGE. Assignment is not a legal attendance guarantee. Composite scores, when present, are derived from public records and are not official FLDOE grades.
Where is this home?
Common questions
How much is 5400 Ocean Blvd Unit 15 1-4, Sarasota, FL 34242 listed for?
5400 Ocean Blvd Unit 15 1-4, Sarasota, FL 34242 in Sarasota, FL is listed at $4,000,000 (about $20,670/mo principal and interest at 6.71% with 20% down).
How many bedrooms and bathrooms does 5400 Ocean Blvd Unit 15 1-4, Sarasota, FL 34242 have?
5400 Ocean Blvd Unit 15 1-4, Sarasota, FL 34242 has 2 bedrooms, 2.5 bathrooms, and 2,374 square feet.
Who can show 5400 Ocean Blvd Unit 15 1-4, Sarasota, FL 34242 in Sarasota?
Jonathan Loescher is a Tampa Bay Realtor and Loan Originator. He can tour this home, compare nearby listings, and work the financing with you.
Does Jonathan Loescher originate VA loans in Tampa Bay?
Yes. I originate VA loans through PMF, Inc. for eligible veterans, active-duty service members, and surviving spouses. Many files can close with zero down and no monthly PMI. A funding fee may apply unless you are exempt. Eligibility is confirmed at consult. This is not a promise of approval. PMF, Inc. is not acting on behalf of or at the direction of the VA.
Can one person do the home and the loan?
Yes. I am a Tampa Bay Realtor and Loan Originator. Search, tour, and apply can stay on one conversation. Realty of America and PMF, Inc. stay separate companies.
Listed by Mickey Kiernan · MICHAEL SAUNDERS & COMPANY
Listings courtesy of Stellar MLS