941-235-7474

Listing Details for MLS #A4698001
5400 Ocean Boulevard Unit 15 1-4, Sarasota, Fl

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Residential Property - Condominium in Sarasota

Listing Price: $4,000,000 (Mortgage Calculator →)Days on Market: 65

Description of 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.

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Property Details At A Glance

Property Type: Residential
Property Use or Sub Type: Condominium
City: Sarasota
County: Sarasota
Subdivision: Terrace
Bedrooms: 2
Bathrooms: 2
Half Baths: 1
Sq. Ft. Gross: 1,274
Sq. Ft. Living Area: 2,374
Cost per (heated) sqare foot: $1,685
Year built: 1969
Annual Tax: $30,871

Condo Fee: $3,600 Monthly
Taxes and fees can change periodically, and other fees may apply. Please check with your Suncoasteam agent for more details.

Association Fee Includes:

  • Pool Maintenance

Interior Features: Window Treatments
Appliances: Wine Refrigerator

Window Features: Storm Window(s)

Additional Rooms: Storage Rooms

Flooring: Porcelain Tile

Laundry Features: Common Area

Schools

Elementary School: Phillippi Shores Elementary
Middle/Junior High School: Brookside Middle
High School: Sarasota High

Pool & Waterfront Info

Private Pool: Not specified
Water Front: Yes
Water Frontage: Gulf/Ocean
Water Access: Yes
Water Access Type: Gulf/Ocean
Water Name: GULF OF MEXICO

Exterior & Construction

Architectural Style: Mid-Century Modern
Construction: Concrete
Foundation: Slab
Roof: Membrane
Exterior Features: Balcony
Carport: Yes
Carport Spaces: 2
Parking Features: Covered
Floors Total: 1
Floors in Unit: One
Cooling: Zoned
Heating & Fuel: Electric
View: Water

Utilities: Water Connected
Sewer: Public Sewer
Water Source: Public
Community Features: Pool
Association Amenities: Storage

Lot Information

Front Exposure: Southwest

Legal Description & Other Information

Financing Available: Conventional
Parcel Number: 0080251062
Zoning: CONDO
Pets Allowed/Pet Policies: Yes
Tax Legal Desc.: UNITS 15-1 & 15-4 THE TERRACE, BEING SAME LANDS AS DESC AS 2014109920 & 2019105728
Section: 11
Range: 17E

 

Map

 

Listing courtesy of MICHAEL SAUNDERS & COMPANY. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.

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https://suncoasteam.com/details?MLNum=A4698001