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Active79 days on market
$4,000,000

5400 OCEAN BLVD #15 1-4SARASOTA, FL 34242TERRACE · Condominium

2Beds
3Baths
2,374Sq ft
1969Built
YesWaterfront

About this home

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 Siest…

Description as provided by the listing brokerage.

Highlights

  • Water frontage — Beach Front
  • Balcony
  • Built-in Features
  • Kitchen/Family Room Combo
  • Solid Surface Counters
  • Thermostat
  • Walk-In Closet(s)
  • Wet Bar
  • Window Treatments

Open houses

No open houses scheduled.

Can't make it? Request a private showing.

The details

StatusActive
MLS #MFRA4698001
Property typeCondominium
Year built1969
Living area2,374 sq ft
Price per sq ft$1685
Baths3 + 1 half
CDDNo
Taxes$30,871 (2025)
Stories1
Days on market79
CountySarasota
Flood zoneAE (verify)
FurnishedPartially
ListedJul 22, 2026

Features & property details

Interior

Full baths2
Half baths1
Rooms11
Additional roomsStorage Rooms
FlooringTile
AppliancesBar Fridge, Built-In Oven, Cooktop, Dishwasher, Dryer, Freezer, Range Hood, Refrigerator, Tankless Water Heater, Washer, Wine Refrigerator
Interior featuresBuilt-in Features, Kitchen/Family Room Combo, Solid Surface Counters, Thermostat, Walk-In Closet(s), Wet Bar, Window Treatments
LaundryCommon Area
FireplaceNo
WindowsBlinds, Storm Window(s)
CoolingCentral Air, Zoned
HeatingElectric
In-law suite0

Exterior & lot

Exterior featuresBalcony
ViewCity, Water, Beach, Gulf/Ocean - Full
FacesSouthwest
Road surfaceBrick

Construction

StyleContemporary, Mid-Century Modern
ConstructionConcrete
FoundationSlab
RoofMembrane
Living area sourcePublic Records
Building area (sq ft)1,274

Parking

GarageNo
CarportYes
Carport spaces2
Parking featuresAssigned, Covered

Pool & water

WaterfrontBeach Front, Gulf/Ocean
Water bodyGULF OF MEXICO
Water accessBeach - Access Deeded,Gulf/Ocean
Water viewBeach,Gulf/Ocean - Full
Waterfront feet130
Dock0

Community & HOA

AssociationMaryAnn Burchell
Fee includesCommon Area Taxes, Pool, Maintenance Structure, Maintenance Grounds, Management
AmenitiesElevators, Fitness Center, Gated, Lobby Key Required, Maintenance, Pool, Storage
Total monthly fees$3,600
Total annual fees$43,200
Monthly condo fee$3,600
Condo fees$3,600
Condo fee termMonthly
Community featuresBuyer Approval Required, Gated Community - No Guard, Pool
55+ communityNo
PetsCats OK, Dogs OK, Yes
Pet sizeVery Small (Under 15 Lbs.)
Max pet weight15
Number of pets1
Minimum lease2 Months
Lease restrictions0
Lease notesRefer to Association
SW communityTerrace

Building

BuildingTHE TERRACE
Unit15 1-4
Floor15+
Elevator1

Utilities & efficiency

UtilitiesElectricity Connected, Water Connected
SewerPublic Sewer
Water sourcePublic

Financial & terms

CDD0
Tax year2,025
Homestead0
Listing termsCash, Conventional
OwnershipCondominium
Special conditionsNone
ZoningCONDO
OccupantOwner
MLS area34242 - Sarasota/Crescent Beach/Siesta Key

Where it sits

Approximate location shown. Exact address available on request per listing brokerage.

Schools

ElementaryPhillippi Shores ElementarySarasota County
MiddleBrookside MiddleSarasota County
HighSarasota HighSarasota County

School assignments change; verify with the district before relying on them.

Where you'd be
TERRACE, Florida

SARASOTA · Sarasota County

MLS# MFRA4698001Listing courtesy of MICHAEL SAUNDERS & COMPANYLast updated Oct 10, 2026, 1:05 PM
$4,000,0005400 OCEAN BLVD #15 1-4 · SARASOTA
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