5400 Ocean Boulevard Unit #15 1-4, Sarasota, FL 34242

$4,000,000
2
BD
3
BA
2,374
SqFt

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List Price
$4,000,000
Status
Active
Days on Market
4
MLS#
A4698001
Property Style
Condo
Architectural Style
Contemporary, Mid-Century Modern
Year Built
1969
Bedrooms
2
Bathrooms
3
Baths Half
1
Living Area
2,374
Building Name
The Terrace
Monthly Condo Fee
3600
Legal Subdivision Name
The Terrace
MLS Area Major
Sarasota/Crescent Beach/Siesta Key

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.

Additional Information

Taxes
$30871
Minimum Lease
2 Months
Maintenance Includes
Common Area Taxes, Pool, Maintenance Structure, Maintenance Grounds, Management
Condo Fees
$3600
Condo Fees Term
Monthly
Community Features
Buyer Approval Required, Gated Community - No Guard, Pool, No Deed Restriction, Maintenance Free
Property Description
One Story
Zoning
CONDO
Interior Layout
Built-in Features, Kitchen/Family Room Combo, Solid Surface Counters, Thermostat, Walk-In Closet(s), Wet Bar, Window Treatments
Interior Features
Built-in Features, Kitchen/Family Room Combo, Solid Surface Counters, Thermostat, Walk-In Closet(s), Wet Bar, Window Treatments
Floor
Tile
Appliances
Bar Fridge, Built-In Oven, Cooktop, Dishwasher, Dryer, Freezer, Range Hood, Refrigerator, Tankless Water Heater, Washer, Wine Refrigerator
Utilities
Electricity Connected, Water Connected
Heating
Electric
Air Conditioning
Central Air, Zoned
Exterior Construction
Concrete
Exterior Features
Balcony
Roof
Membrane
Foundation
Slab
Pool
Community
Garage Carport
2 Car Carport
Garage Features
Assigned, Covered
Elementary School
Phillippi Shores Elementary
Middle School
Brookside Middle
High School
Sarasota High
Water Name
Gulf Of Mexico
Water View
Beach, Gulf/Ocean - Full
Water Access
Beach - Access Deeded, Gulf/Ocean
Water Frontage
Beach Front, Gulf/Ocean
Pets
Allowed
Max Pet Weight
15
Pet Size
Very Small (Under 15 Lbs.)
Flood Zone Code
AE
Parcel ID
0080251062
Legal Description
UNITS 15-1 & 15-4 THE TERRACE, BEING SAME LANDS AS DESC AS 2014109920 & 2019105728

Listing courtesy of MICHAEL SAUNDERS & COMPANY. 941-349-3444

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