The Iconic Terrace building is a masterpiece designed by renowned architect Frank Folsom Smith. The building is a fortress-like structure that exudes strength and durability. Situated directly on Siesta Key beach, the location is ideal within walking distance to Siesta Key Village and all its offerings. This particular unit has been meticulously renovated with top-of-the-line materials and appliances. The renovation includes new hurricane impact sliders, a tankless hot water heater, and a new HVAC unit. This unit has been featured on the cover of SRQ magazine for its quality and luxury. This 14th floor unit is fully furnished and offers stunning views of the night lights, downtown skyline, and the beach. The rooftop saltwater pool is a beautiful addition that provides privacy and lovely beach views. Take a cocktail out to watch the sunset over the water!!! The building itself has undergone significant upgrades, making it a prestigious address on Siesta Key. Complete Replacement of cast-iron pipes, geothermal well driven HVAC system keeps costs low, new generator for entire building, monitored water sensors in units, installation of new gates at front entrances. Come see for yourself why this property is so special.
Sold for $1,750,000
$1,750,000
5400 OCEAN BOULEVARD #14-4, SARASOTA, FL 34242
2beds
1,187sqft
Condominium
Built in 1970
-- sqft lot
$1,524,600 Zestimate®
$1,474/sqft
$4,491 Estimated rent
Home value
$1,524,600
$1.39M - $1.69M
$4,491/mo
Zestimate® history
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List your homeWhat's special
Meticulously renovatedNew hurricane impact slidersDowntown skylineNew hvac unitNew gatesNew generatorCast-iron pipes
Zillow last checked:
Listing updated:
Listed by:
Carol Thomas 941-349-3444,
MICHAEL SAUNDERS & COMPANY 941-349-3444
Bought with:
Lee Brewer, 0681592
RE/MAX ALLIANCE GROUP
Source: Stellar MLS,MLS#: A4563819
Originating MLS: Sarasota - Manatee
Originating MLS: Sarasota - Manatee
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Level: First
- Dimensions: 15x12
Kitchen
- Level: First
- Dimensions: 23x9
Living room
- Level: First
- Dimensions: 23x17
Heating
- Heat Pump
Cooling
- Central Air
Appliances
- Included: Oven, Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Refrigerator
- Laundry: Corridor Access
Features
- Open Floorplan, Split Bedroom
- Flooring: Porcelain Tile
- Doors: Sliding Doors
- Windows: Storm Window(s), Window Treatments
- Has fireplace: No
- Common walls with other units/homes: Corner Unit,End Unit
Interior area
- Total structure area: 1,506
- Total interior livable area: 1,187 sqft
Property
Parking
- Total spaces: 1
- Parking features: Assigned, Covered, Guest
- Carport spaces: 1
Features
- Levels: One
- Stories: 1
- Exterior features: Balcony, Storage
- Pool features: In Ground
- Has view: Yes
- View description: Gulf/Ocean - Partial
- Has water view: Yes
- Water view: Gulf/Ocean - Partial
- Waterfront features: Waterfront, Gulf/Ocean, Beach Access
- Body of water: GULF OF MEXICO
Details
- Parcel number: 0080251058
- Zoning: RMF3
- Special conditions: None
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
Materials
- Block
- Foundation: Slab
- Roof: Shingle
Condition
- New construction: No
- Year built: 1970
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Connected, Public, Water Connected
Community & HOA
Community
- Features: Waterfront, Association Recreation - Owned, Buyer Approval Required, Community Mailbox, Fitness Center, Pool
- Security: Key Card Entry, Smoke Detector(s)
- Pet fee: $0 monthly
- Subdivision: TERRACE
HOA
- Has HOA: Yes
- Amenities included: Maintenance, Pool, Security, Storage, Vehicle Restrictions
- Services included: Cable TV, Community Pool, Insurance, Maintenance Structure, Maintenance Repairs, Manager, Pest Control, Pool Maintenance, Private Road, Security, Trash
- HOA fee: $1,268 monthly
- HOA name: Sherry
- HOA phone: 941-349-7700
Location
- Region: Sarasota
Financial & listing details
- Price per square foot: $1,474/sqft
- Tax assessed value: $1,247,500
- Annual tax amount: $10,917
- Date on market: 3/13/2023
- Cumulative days on market: 114 days
- Listing terms: Cash,Conventional
- Ownership: Condominium
- Total actual rent: 0
- Electric utility on property: Yes
- Road surface type: Concrete
Price history
| Date | Event | Price |
|---|---|---|
| 8/24/2023 | Sold | $1,750,000-7.9%$1,474/sqft |
Source:  Stellar MLS #A4563819 Report a problem | ||
| 7/6/2023 | Pending sale | $1,900,000$1,601/sqft |
Source: Stellar MLS #A4563819 Report a problem | ||
| 6/8/2023 | Price change | $1,900,000-11.6%$1,601/sqft |
Source: Stellar MLS #A4563819 Report a problem | ||
| 3/13/2023 | Listed for sale | $2,150,000+131.2%$1,811/sqft |
Source: Stellar MLS #A4563819 Report a problem | ||
| 3/4/2016 | Sold | $930,000-6.9%$783/sqft |
Source: Public Record Report a problem | ||
| 2/17/2016 | Pending sale | $999,000$842/sqft |
Source: Michael Saunders & Company - Licensed Real Estate Broker Report a problem | ||
| 11/3/2015 | Listed for sale | $999,000-0.1%$842/sqft |
Source: Michael Saunders & Company - Licensed Real Estate Broker Report a problem | ||
| 8/20/2015 | Listing removed | $999,900$842/sqft |
Source: Michael Saunders & Company - Licensed Real Estate Broker Report a problem | ||
| 6/6/2015 | Price change | $999,900-16.6%$842/sqft |
Source: Michael Saunders & Company - Licensed Real Estate Broker Report a problem | ||
| 2/21/2015 | Listed for sale | $1,199,000+64.2%$1,010/sqft |
Source: Michael Saunders & Company - Licensed Real Estate Broker Report a problem | ||
| 5/15/2003 | Sold | $730,000$615/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $14,851 -8.4% | $1,247,500 -8.8% |
| 2024 | $16,205 +27.8% | $1,367,400 +49.5% |
| 2023 | $12,681 +16.2% | $914,760 +10% |
| 2022 | $10,917 +14% | $831,600 +10% |
| 2021 | $9,573 -12.4% | $756,000 -9.1% |
| 2020 | $10,929 +1.6% | $831,875 +10% |
| 2019 | $10,760 | $756,250 +10% |
| 2018 | $10,760 +21.5% | $687,500 |
| 2017 | $8,855 -2.6% | $687,500 |
| 2016 | $9,091 | $687,500 +1.5% |
| 2015 | $9,091 | $677,400 +29.8% |
| 2014 | $9,091 +22.4% | $521,900 |
| 2013 | $7,424 +6% | $521,900 +5.2% |
| 2012 | $7,001 +2.5% | $495,900 |
| 2011 | $6,832 -12.9% | $495,900 -10.1% |
| 2010 | $7,841 -18.4% | $551,900 -11.1% |
| 2009 | $9,607 | $620,600 -15.7% |
| 2008 | $9,607 -13.7% | $735,900 -13.6% |
| 2007 | $11,131 | $852,000 -2.2% |
| 2006 | -- | $870,800 +21.8% |
| 2005 | -- | $715,000 +14.7% |
| 2004 | $9,491 +15.5% | $623,538 +20% |
| 2003 | $8,220 +34% | $519,615 +35% |
| 2002 | $6,134 +64% | $384,900 +62% |
| 2001 | $3,741 +2.8% | $237,575 +3% |
| 2000 | $3,638 | $230,655 |
Find assessor info on the county website
Neighborhood: 34242
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Nearby schools
GreatSchools rating
- 9/10Phillippi Shores Elementary SchoolGrades: PK-5Distance: 2.4 mi
- 6/10Brookside Middle SchoolGrades: 6-8Distance: 3.1 mi
- 5/10Sarasota High SchoolGrades: 9-12Distance: 4.3 mi
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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Estimated market value
$1,524,600
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,524,600
- Florida
- Sarasota County
- Siesta Key
- 34242
- 5400 OCEAN BOULEVARD Unit 14-4
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