5400 OCEAN BOULEVARD UNIT #15 1-4

Condo/Co-op For Sale

$4,000,000

BTC: 62.25680934

ETH: 2,102.34200900

9 days

Waterfront

For Sale

Condo/Co-op

2 bds •

2 ba •

2,374 sqft

Overview

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.

Location

Florida • SARASOTA • 34242 • Condo/Co-op • For Sale • Waterfront

Details

Type:

Residential

Parking:

Assigned / Covered

Year Built:

1969

Lot:

No Data

Heating:

Electric

Price/sqft:

$1,685

Cooling:

Central Air / Zoned

HOA:

No Data

Type:

Residential

Parking:

Assigned / Covered

Year Built:

1969

Lot:

No Data

Heating:

Electric

Price/sqft:

$1,685

Cooling:

Central Air / Zoned

HOA:

No Data

Private inquiry

Talk to the advisor on this listing.

Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

Valuation

Our model vs. what's actually selling nearby.

Estimate

$3,400,000

$1.9M – $3.8M

Confidence Low

List vs. estimate

$600K above estimate

List $4,000,000 · +17.6%

Our model says this listing is priced above recent comparable activity. Room to negotiate.

Price per sq ft

$1,684

+308.7% vs. city median $412

Based on

5 MLS comparables

Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax

$30,871

2025

View

City, Water

Waterfront

Gulf/Ocean Front, Beach

Furnished

Partially

Pets

Allowed

All facts and features

Flooring

• Porcelain Tile

Heating

• Electric

Cooling

• Central Air

• Zoned

Appliances

• Bar Fridge

• Built-In Oven

• Cooktop

• Dishwasher

• Dryer

• Freezer

• Range Hood

• Refrigerator

• Tankless Water Heater

• Washer

• Wine Refrigerator

Other interior features

• Built-in Features

• Kitchen/Family Room Combo

• Solid Surface Counters

• Thermostat

• Walk-In Closet(s)

• Wet Bar

• Window Treatments

Bedrooms and bathrooms

• Bedrooms: 2

• Bathrooms: 1

• Full bathrooms: 2
Parking

• Assigned

• Covered

Property

• Levels: One

• Exterior Features: Balcony

Other Property Information

• Parcel Number: 0080251062

• Zoning: CONDO
Type and style

• Property Type: Residential

• Property Sub Type: Condominium
Utility

• Electricity Connected

• Water Connected
Other financial information

• Annual tax amount: $30,871
Source details

• MLS ID: A4698001

Other facts

• Construction Materials: Concrete

• Foundation Details: Slab

• Laundry Features: Common Area

• Window Features: Blinds / Storm Window(s)

• Direction Faces: Southwest

• Architectural Style: Contemporary / Mid-Century Modern

• Waterfront: Yes

• Water Body Name: GULF OF MEXICO

• Living Area: 2374

• Water Source: Public

• Subdivision Name: TERRACE

Private inquiry

Talk to the advisor on this listing.

Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

Live counts in the same area.

The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: MICHAEL SAUNDERS & COMPANY

5400 OCEAN BOULEVARD UNIT #15 1-4

Overview

Location

Details

Valuation

Highlights

Interior details

Property details

Construction details

Utilities / Green Energy Details

HOA and Financial Details

Other

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