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For sale
    • $4,000,000

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

    2beds
    2,374sqft
    : 
    $29,493/mo
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    Condominium
    Built in 1969
    -- sqft lot
    $3,661,500 Zestimate®
    $1,685/sqft
    $3,600/mo HOA

    What's special

    Custom steel detailingLarge-format porcelain tileFlowing two-bedroom two-and-a-half-bath residenceThoughtful designPanoramic viewsExceptional materials
    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.
    19 days
    |
    470
    |
    17
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Mickey Kiernan 941-402-9115,

    MICHAEL SAUNDERS & COMPANY 941-349-3444

    Source: Stellar MLS,MLS#: A4698001MLS LogoOriginating MLS: Sarasota - Manatee

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 3
      • Full bathrooms: 2
      • 1/2 bathrooms: 1
      Rooms
      • Room types: Storage Rooms
      Primary bedroom
      • Features: Walk-In Closet(s)
      • Level: First
      Bedroom 2
      • Features: Built-in Closet
      • Level: First
      Primary bathroom
      • Level: First
      Bathroom 2
      • Level: First
      Balcony porch lanai
      • Level: First
      Balcony porch lanai
      • Level: First
      Balcony porch lanai
      • Level: First
      Dining room
      • Level: First
      Kitchen
      • Level: First
      Living room
      • Level: First
      Office
      • Level: First
      Heating
      • Electric
      Cooling
      • Central Air, Zoned
      Appliances
      • Included: Bar Fridge, Oven, Cooktop, Dishwasher, Dryer, Freezer, Range Hood, Refrigerator, Tankless Water Heater, Washer, Wine Refrigerator
      • Laundry: Common Area
      Features
      • Built-in Features, Kitchen/Family Room Combo, Solid Surface Counters, Thermostat, Walk-In Closet(s), Wet Bar
      • Flooring: Porcelain Tile
      • Windows: Window Treatments
      • Has fireplace: No
      • Common walls with other units/homes: Corner Unit
      Interior area
      • Total structure area: 1,274
      • Total interior livable area: 2,374 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 2
      • Parking features: Assigned, Covered
      • Carport spaces: 2
      Features
      • Levels: One
      • Stories: 1
      • Exterior features: Balcony
      • Has view: Yes
      • View description: City, Water, Beach, Gulf/Ocean - Full
      • Has water view: Yes
      • Water view: Water,Beach,Gulf/Ocean - Full
      • Waterfront features: Gulf/Ocean Front, Beach, Gulf/Ocean, Beach - Access Deeded, Gulf/Ocean Access
      • Body of water: GULF OF MEXICO
      Details
      • Parcel number: 0080251062
      • Zoning: CONDO
      • Special conditions: None

      Construction

      Type & style
      • Home type: Condo
      • Architectural style: Contemporary,Mid-Century Modern
      • Property subtype: Condominium
      Materials
      • Concrete
      • Foundation: Slab
      • Roof: Membrane
      Condition
      • New construction: No
      • Year built: 1969

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Electricity Connected, Water Connected

      Community & HOA

      Community
      • Features: Gulf/Ocean Front, Buyer Approval Required, Gated Community - No Guard, Pool
      • Pet fee: $0 monthly
      • Subdivision: TERRACE
      HOA
      • Has HOA: No
      • Amenities included: Elevator(s), Fitness Center, Gated, Lobby Key Required, Maintenance, Pool, Storage
      • Services included: Common Area Taxes, Community Pool, Maintenance Structure, Maintenance Grounds, Manager, Pool Maintenance
      • HOA fee: $3,600 monthly
      • HOA name: MaryAnn Burchell
      • HOA phone: 941-349-7700
      Location
      • Region: Sarasota

      Financial & listing details

      • Price per square foot: $1,685/sqft
      • Annual tax amount: $30,871
      • Date on market: 7/23/2026
      • Cumulative days on market: 20 days
      • Listing terms: Cash,Conventional
      • Ownership: Condominium
      • Total actual rent: 0
      • Electric utility on property: Yes
      • Road surface type: Brick

        Estimated market value

        $3,661,500

        $3.48M - $3.84M

        $7,071/mo

        Price history

        DateEventPrice
        7/23/2026Listed for sale$4,000,000$1,685/sqft
        Source: Stellar MLS #A4698001 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 34242

        Getting around

        59 / 100
        Somewhat Walkable
        0 / 100
        No Nearby Transit
        71 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Phillippi Shores Elementary
        • Middle: Brookside Middle
        • High: Sarasota High

        Source: Stellar MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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