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5400 Ocean Boulevard , 17-04

Sarasota, FL 34242
  • $1,559,000
  • STATUS: Active
  • ON SITE: 18 Days
  • MLS #: A4698764
UPDATED: 71 min ago
$1,559,000
  • 2
    BEDS
  • N/A
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,187
    SQFT
  • $1,313
    $/SQFT
Neighborhood:
Type:
Condo
Built:
1970
County:

School Information

Elementary School:
Middle School:
High School:

Description

The iconic Terrace building is a masterpiece designed by renowned architect Frank Folsom Smith. This modernist building, built of poured concrete exudes strength and durability. Situated directly on Siesta Key Beach, and built with walls of sliding glass doors in every room to take advantage of the diverse, magnificent views in all directions. This is the penthouse being offered turnkey furnished. Fantastic views in all directions. It's perfect location on the island within walking distance to Siesta Key Village, and all its offerings. 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 cost low, new generator for entire building, monitored water sensors in all units, installation of new gates at the front entrance. The elevators have been replaced, the lobby has been redone, and is a waterfront masterpiece. Only the 4 penthouse units have use of the rooftop with decks. Come see for yourself why this stunning property is so very special.

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© 2026 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2026-07-21T11:45:20.177.
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5400 Ocean Boulevard , 17-04 Sarasota, FL 34242

  • Price: $1,559,000
  • Status: Active
  • On Site: 18 Days
  • Updated: 71 min ago
  • MLS #: A4698764
2
Beds
2
Baths
0
½ Baths
N/A
Acres
1,187
SQFT
$1,313
$/SQFT
1970
Built
Neighborhood:
Terrace
County:
Sarasota
Area:
Sarasota/Crescent Beach/Siesta Key
Elementary School:
Southside Elementary
Middle School:
Brookside Middle
High School:
Sarasota High
Property Description
The iconic Terrace building is a masterpiece designed by renowned architect Frank Folsom Smith. This modernist building, built of poured concrete exudes strength and durability. Situated directly on Siesta Key Beach, and built with walls of sliding glass doors in every room to take advantage of the diverse, magnificent views in all directions. This is the penthouse being offered turnkey furnished. Fantastic views in all directions. It's perfect location on the island within walking distance to Siesta Key Village, and all its offerings. 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 cost low, new generator for entire building, monitored water sensors in all units, installation of new gates at the front entrance. The elevators have been replaced, the lobby has been redone, and is a waterfront masterpiece. Only the 4 penthouse units have use of the rooftop with decks. Come see for yourself why this stunning property is so very special.
Exterior Features

Carport Spaces 1 Carport Yn Yes Common Walls Corner Unit Construction Materials ConcreteICFs (Insulated Concrete Forms) Covered Spaces 1 Direction Faces Southwest Exterior Features BalconyHurricane ShuttersSliding DoorsStorage Foundation Details Concrete Perimeter Pool Features Salt Water Pool Private Yn No Road Surface Type Paved Roof Other Spa Features HeatedIn Ground Spa YN Yes Water Access BeachBeach - Access DeededGulf/Ocean Water Access Yn Yes Water Body Name GULF OF MEXICO Water Extras Yn No Water View Bay/Harbor - PartialGulf/Ocean - Partial Water View Yn Yes Waterfront Features Gulf/Ocean Waterfront Yn Yes

Interior Features

Appliances DishwasherDisposalIce MakerMicrowaveRangeRefrigerator Building Area Total 1497 Building Elevator Yn Yes Cooling Central Air Cooling YN Yes Fireplace Yn No Flooring Ceramic TileEngineered HardwoodPorcelain Tile Furnished Turnkey Heating Central Heating YN Yes Interior Features High CeilingsKitchen/Family Room ComboSolid Surface CountersSplit BedroomStone CountersWalk-In Closet(s) Laundry Features Common AreaCorridor Access Levels One Rooms Kitchen Primary Bedroom (Walk-In Closet(s)) Great Room Sewer Public Sewer Stories Total 17 Water Source Public Window Features Shutters

Property Features

Additional Lease Restrictions Tenants cannot have pets. Additional Parcels YN No Approval Process Application to association w/fee. Association Amenities ClubhouseElevator(s)GatedLaundryMaintenancePoolStorage Association Approval Required Yn Yes Association Fee Includes Cable TVCommon Area TaxesCommunity PoolEscrow Reserves FundInsuranceInternetMaintenance StructureMaintenance GroundsManagerPest ControlPool MaintenanceSewerTrashWater Association Fee Requirement None Association Fee2 0 Association Montly Maint Amt Add To Hoa 0 Association Yn Yes Building Name Number THE TERRACE Cdd Yn No Community Features ClubhouseCommunity MailboxDeed RestrictionsGated Community - No GuardPool Condo Fee Monthly Amount 2413 Condo Fees 7238 Condo Fees Term Quarterly Condo Land Included Yn No Down Payment Resource No Flood Zone Code VE Floor Number 15+ Garage Yn No Homestead Yn No Lease Considered YN Yes Lease Restrictions YN Yes Listing Terms CashConventional Max Pet Weight 35 Minimum Lease 2 Months New Construction Yn No Occupant Type Vacant Ownership Condominium Pet Restrictions Tenants cannot have pets. Pets Allowed Yes Property Sub Type Condominium Realtor Info Assoc approval requiredLease Restrictions Senior Community Yn No Special Listing Conditions None Sw Subdiv Community Name Terrace Tax Annual Amount 13855.6 Total Annual Fees 28952 Total Monthly Fees 2412.67 Utilities BB/HS Internet AvailableCable ConnectedElectricity ConnectedFiber OpticsSewer ConnectedUnderground UtilitiesWater Connected Yrs Of Owner Prior To Leasing Re No Zoning RMF3


Listing information © 2026 My Florida Regional MLS DBA Stellar MLS..
Listing provided courtesy of MICHAEL SAUNDERS & COMPANY: 941-349-3444.



© 2026 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2026-07-21T11:45:20.177.
 
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