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$4,000,000

5400 OCEAN BOULEVARD UNIT 15 1-4, SARASOTA, FL 34242

3D Tour
Active77 days on market

Beds

2

Baths

3

Sq Ft

2,374 sq ft

Year Built

1969

Lot Size

—

Garage

—

About This Property

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.

Property Overview

Property TypeResidential
Sub TypeCondominium
MLS #A4698001
StatusActive
Year Built1969
Stories1
Total Rooms11
ConstructionConcrete
RoofMembrane
FoundationSlab
FacesSouthwest
SubdivisionTERRACE
CountySarasota
OwnershipCondominium
FurnishedPartially

Interior Features

InteriorBuilt-in Features, Kitchen/Family Room Combo, Solid Surface Counters, Thermostat, Walk-In Closet(s), Wet Bar, Window Treatments
FlooringPorcelain Tile
AppliancesBar Fridge, Built-In Oven, Cooktop, Dishwasher, Dryer, Freezer, Range Hood, Refrigerator, Tankless Water Heater, Washer, Wine Refrigerator
LaundryCommon Area
WindowsBlinds, Storm Window(s)
CoolingCentral Air, Zoned
HeatingElectric

Exterior & Lot

ExteriorBalcony
Road SurfaceBrick
ViewCity, Water
0

Waterfront

WaterfrontYes
FeaturesGulf/Ocean Front, Beach, Gulf/Ocean

Utilities

WaterPublic
SewerPublic Sewer
UtilitiesElectricity Connected, Water Connected

Parking

GarageNo
CarportYes

HOA & Community

HOANo
Senior CommunityNo

Financial Details

List Price$4,000,000
Annual Taxes$30,871 (2025)
FinancingCash, Conventional
ZoningCONDO
Parcel #0080251062

Schools

ElementaryPhillippi Shores Elementary
MiddleBrookside Middle
HighSarasota High

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.

Location

5400 OCEAN BOULEVARD UNIT 15 1-4, SARASOTA, FL 34242

Listing Information

OfficeMICHAEL SAUNDERS & COMPANY
ListedJuly 23, 2026

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Home Price

$4,000,000

20% ($800,000)
6.75%

Loan Term

Principal & Interest$20,755
Property Tax (est.)$3,667
Insurance (est.)$150
Total Monthly$24,572
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Listing information is deemed reliable but not guaranteed. All measurements and data should be independently verified. This information is provided by the Stellar MLS. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: October 8, 2026.

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