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Paulette Gaar
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$4,000,000

5400 Ocean Boulevard Sarasota, FL 34242 Residential - Condominium Active

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

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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.

Property Highlights

Property Type: Residential - Condominium
Cooling: Central Air, Zoned
Heating: Electric
Home Style: Contemporary, Mid-Century Modern
Roof Type: Membrane
Stories: 1.0
Taxes: $30,871
Year Built: 1969

General Information

Bedrooms: 2
Bathrooms: 2 Full 1 Half
Sqft: 2,374
County: Sarasota
High School: Sarasota High
Subdivision: THE TERRACE
Listed By:
Mickey Kiernan MICHAEL SAUNDERS & COMPANY 941-349-3444

Amenities

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

Property Features

Additional Rooms: Storage Rooms
Appliances: Bar Fridge, Built-In Oven, Cooktop, Dishwasher, Dryer, Freezer, Range Hood, Refrigerator, Tankless Water Heater, Washer, Wine Refrigerator
Association Amenities: Elevators, Fitness Center, Gated, Lobby Key Required, Maintenance, Pool, Storage
Body of Water: GULF OF MEXICO
Community Features: Buyer Approval Required, Gated Community - No Guard, Pool
Condo Fee: $3600/ Monthly
Directions: South bridge, Stickney Point, make a right onto Beach Avenue travel xxx miles until the road makes a right onto Ocean Avenue nearing Siesta Key Village. Make a left on to Ocean Avenue, left into Beach Terrace. Guest parking toward the Gulf.
Exterior: Concrete
Flood Zone Code: AE
Flooring: Tile
Foundation: Slab
Frontage Gulf Ocean: 100
Home Warranty Y/N: No
Listing Terms: Cash, Conventional
Number of Pets: 1
Ownership: Condominium
Parking: Assigned, Covered
Parking Notes: Assigned, Covered
Pets Allowed: Cats OK, Dogs OK, Yes
Pets Size: Very Small (Under 15 Lbs.)
Pets Weight (Max): 15
Property Attached Y/N: No
Property Sub-Type: Condominium
Sewer: Public Sewer
Showing Instructions: Appointment Only, Listing Agent Must Accompany
Special Sale Provisions: None
Special View Info: Water
Utilities: Electricity Connected, Water Connected
Water: Public
Water Access: Beach - Access Deeded, Gulf/Ocean
Water Access Y/N: Yes
Waterfront Features: Beach Front, Gulf/Ocean
Water View: Beach, Gulf/Ocean - Full
Windows: Blinds, Storm Window(s)
Zoning: CONDO
$4,000,000
2beds
2.5baths
2,374sqft
New to the Market Active
BEDS2 BATHS2 full 1 partial SQUARE FEET2,374 MLS#A4698001
STATUSActive PROPERTY TYPEResidential - Condominium SUBDIVISIONTHE TERRACE

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

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Estimated Payment

$ 17,230.58 per month $13,491.33 Principal & Interest $2,572.58 Property Tax $1,166.67 Homeowner's Insurance

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About this area

Florida/Sarasota
Sarasota

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About Sarasota

Sarasota, FL is a cultural gem. Once home to the Ringling Brothers Circus, Sarasota boasts a rich arts scene that brings people from all over the area to enjoy world-class theater, music, and other performing arts. Sarasota is also a haven with spectacular scenery, turquoise water and white sandy beaches. It offers a delightful downtown with a variety of small boutiques and exceptional restaurants. With its dynamic culture and arts scene and incredible natural beauty, Sarasota is a wonderful place to call “home.” 

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 07/23/2026. The listing information on this page last changed on 07/23/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Thu 07/23/2026 12:00:47 AM EST) or Stellar MLS (last updated Wed 07/22/2026 11:44:24 PM EST). Real estate listings held by brokerage firms other than Wagner Realty may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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