Date
Details
Price
Change
Source
7/23/2026
Listed
$4,000,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/99
$4,000,000
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1/99
Property Description
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.
Full Property Details
Full Property Details for 5400 Ocean Blvd #15 1-4
General
- Price: $4,000,000
- HOA FEE: $3,600/month
- Taxes: $30,871 (2025)
- Status: Active
- Type: Condo
- Source: MidFloridaRegionalMLS
- MLS ID: A4698001
- Updated: 7/28/2026
- Added to Site: 9 day(s) ago
Rental Information
- Min. Lease: 2 Months
Interior
- Number of Rooms: 11
- Interior Features: Built-in Features, Kitchen and Family Room Combination, Solid Surface Counters, Thermostat, Walk-In Closet(s), Wet Bar, Window Treatments
- Appliances: Bar Fridge, Built-In Oven, Cooktop, Dishwasher, Dryer, Freezer, Range Hood, Refrigerator, Tankless Water Heater, Washer, Wine Refrigerator
- Furnishings: Partially
- Flooring: Porcelain Tile
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Laundry: Common Area
Additional Information
- Shared Amenities: Elevator(s), Fitness Center, Gated, Lobby Key Required, Maintenance, Pool, Storage
Exterior
- Exterior Features: Balcony
Parking
- Carports: Yes
- Carport: 2
- Carport Spaces: 2
- Covered Spaces: 2
- Parking Features: Assigned, Covered
Location
- Area: 34242 - Sarasota/Crescent Beach/Siesta Key
- County: Sarasota
- Development Name: 34242 - Sarasota/Crescent Beach/Siesta Key
- Subdivision: TERRACE
- Driving 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.
- Direction Faces: Southwest
School Information
- Elementary School: Phillippi Shores Elementary
- Middle School: Brookside Middle
- High School: Sarasota High
Community
- Community Name: 34242 - Sarasota/Crescent Beach/Siesta Key
- Community Features: Gulf/Ocean Front, Buyer Approval Required, Gated Community - No Guard, Pool
- Optional Amenities: Elevator(s), Fitness Center, Gated, Lobby Key Required, Maintenance, Pool, Storage
- Assoc. Name: MaryAnn Burchell
- Assoc. Fees Include: Common Area Taxes, Community Pool, Maintenance Structure, Maintenance Grounds, Manager, Pool Maintenance
- Number of Pets: 1
- Pet Restrictions: 15lbs.
Heating & Cooling
- Cooling Type: Central Air, Zoned
- Heating Type: Electric
Utilities
- Sewer: Public Sewer
- Water District: GULF OF MEXICO
- Water: Public
- Utility Description: Electricity Connected, Water Connected
Structural Information
- Architectural Info: Contemporary, Mid-Century Modern
- Architectural Style: Contemporary, Mid-Century Modern
- Exterior Const.: Concrete
- Roof: Membrane
- Common Walls: Corner Unit
- Windows: Blinds, Storm Window(s)
- Stories/Levels: One
- Square Feet: 2,374
- Sq. Ft. Source: Public Records
- Year Built: 1969
Lot Features
- Property View: City, Water
- Street/Road Desc.: Brick
Water Features
- Water Front: Yes
- Water View: Yes
- Water Access: Yes
- Water Access Desc: Beach - Access Deeded, Gulf/Ocean
- Water Front Name: GULF OF MEXICO
- Water Front Desc.: Gulf/Ocean Front, Beach, Gulf/Ocean
Financial Considerations
- Condo Fee: $3,600
- Condo Fee Freq: Monthly
- Tax Amount: $30,871
- Tax Year: 2025
Disclosures and Reports
- Ownership: Condominium
- Special Conditions: None
- Legal Description: UNITS 15-1 & 15-4 THE TERRACE, BEING SAME LANDS AS DESC AS 2014109920 & 2019105728
- Flood Zone Info: AE
- APN: 80251062
- Property ID: 80251062
Listed by Michael Saunders & Company
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Listing agent
— 5400 Ocean Blvd #15 1-4 —
Michael Saunders & Company
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 5400 Ocean Blvd #15 1-4
School District:Sarasota County School District
| Name | Grades | Distance |
|---|---|---|
Phillippi Shores Elementary School 4747 South Tamiami Trail, Sarasota, FL 34231 | PK-5 | 2.5 mi |
Brookside Middle School 3636 South Shade Avenue, Sarasota, FL 34239 | 6-8 | 3.1 mi |
Sarasota High School 2155 Bahia Vista Street, Sarasota, FL 34239 | 9-12 | 4.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5400 Ocean Blvd #15 1-4
Tax History
Tax History for 5400 Ocean Blvd #15 1-4
Year
Property Taxes
Change
Tax Assessment
Change
2025
100%
100%
2024
100%
100%
2023
100%
100%
2022
100%
100%
2021
100%
100%
2020
—
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5400 Ocean Blvd #15 1-4
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5400 Ocean Boulevard #15 1-4, Sarasota, FL 34242 (MLS# A4698001) is a Condo property with 2 bedrooms, 2 full bathrooms and 1 partial bathroom. 5400 Ocean Boulevard #15 1-4 is currently listed for $4,000,000 and was received on July 23, 2026. Want to learn more about 5400 Ocean Boulevard #15 1-4? Do you have questions about finding other Condo real estate for sale in Sarasota? You can browse all Sarasota real estate or contact a Coldwell Banker agent to request more information.