5400 OCEAN BOULEVARD UNIT 17-04

Condo/Co-op For Sale

$1,559,000

BTC: 25.81125828

ETH: 977.61947463

New

Waterfront

For Sale

Condo/Co-op

2 bds •

2 ba •

1,187 sqft

Overview

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.

Location

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

Details

Type:

Residential

Parking:

No Data

Year Built:

1970

Lot:

No Data

Heating:

Central

Price/sqft:

$1,313

Cooling:

Central Air

HOA:

No Data

Type:

Residential

Parking:

No Data

Year Built:

1970

Lot:

No Data

Heating:

Central

Price/sqft:

$1,313

Cooling:

Central Air

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

$624,900

$229K – $1.7M

Confidence Low

List vs. estimate

$934K above estimate

List $1,559,000 · +149.5%

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

Price per sq ft

$1,313

+212.2% vs. city median $420

Based on

11 MLS comparables

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

Highlights

Annual tax

$13,855

2024

Pool

Salt Water

Waterfront

Gulf/Ocean

Furnished

Turnkey

Pets

Allowed

All facts and features

Flooring

• Ceramic Tile

• Engineered Hardwood

• Porcelain Tile

Heating

• Central

Cooling

• Central Air

Appliances

• Dishwasher

• Disposal

• Ice Maker

• Microwave

• Range

• Refrigerator

Other interior features

• High Ceilings

• Kitchen/Family Room Combo

• Solid Surface Counters

• Split Bedroom

• Stone Counters

• Walk-In Closet(s)

Bedrooms and bathrooms

• Bedrooms: 2

• Full bathrooms: 2
Property

• Levels: One

• Exterior Features: Balcony / Hurricane Shutters / Sliding Doors / Storage

Other Property Information

• Parcel Number: 0080251070

• Zoning: RMF3
Type and style

• Property Type: Residential

• Property Sub Type: Condominium
Utility

• BB/HS Internet Available

• Cable Connected

• Electricity Connected

• Fiber Optics

• Sewer Connected

• Underground Utilities

• Water Connected
Other financial information

• Annual tax amount: $13,856
Source details

• MLS ID: A4698764

Other facts

• Construction Materials: Concrete / ICFs (Insulated Concrete Forms)

• Foundation Details: Concrete Perimeter

• Laundry Features: Common Area / Corridor Access

• Pool Features: Salt Water

• Window Features: Shutters

• Direction Faces: Southwest

• Waterfront: Yes

• Water Body Name: GULF OF MEXICO

• Living Area: 1187

• 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 17-04

Overview

Location

Details

Valuation

Highlights

Interior details

Property details

Construction details

Utilities / Green Energy Details

HOA and Financial Details

Other

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