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5400 OCEAN BOULEVARD UNIT 17-04

Condo/Co-op For Sale
$1,559,000

BTC: 24.37842064

ETH: 819.38779801

30 days
Waterfront
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

Details

Type:
Residential
Parking:
No Data
Year Built:
1970
Lot:
No Data
Heating:
Central
Price/sqft:
$1,313
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$739,500
$366K – $1.4M
Confidence Low
List vs. estimate
$819K above estimate
List $1,559,000 · +110.8%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$1,313
+218.6% vs. city median $412
Based on
236 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
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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