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5400 Ocean Boulevard , #15 1-4

Sarasota, FL 34242
  • $4,000,000
  • STATUS: Active
  • ON SITE: 24 Days
  • MLS #: A4698001
Open House
$4,000,000
  • 2
    BEDS
  • N/A
    ACRES
  • 2
    BATHS
  • 1
    1/2 BATHS
  • 2,374
    SQFT
  • $1,685
    $/SQFT
Neighborhood:
Type:
Condo
Built:
1969
County:

School Information

Elementary School:
Middle School:
High School:

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.

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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 2026-08-16T23:42:27.82.
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5400 Ocean Boulevard , #15 1-4 Sarasota, FL 34242

  • Price: $4,000,000
  • Status: Active
  • On Site: 24 Days
  • MLS #: A4698001
2
Beds
2
Baths
1
½ Baths
N/A
Acres
2,374
SQFT
$1,685
$/SQFT
1969
Built
Neighborhood:
Terrace
County:
Sarasota
Area:
Sarasota/Crescent Beach/Siesta Key
Elementary School:
Phillippi Shores Elementary
Middle School:
Brookside Middle
High School:
Sarasota High
Property 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.
Exterior Features

Architectural Style ContemporaryMid-Century Modern Carport Spaces 2 Carport Yn Yes Common Walls Corner Unit Construction Materials Concrete Covered Spaces 2 Direction Faces Southwest Exterior Features Balcony Foundation Details Slab Parking Features AssignedCovered Pool Private Yn No Road Surface Type Brick Roof Membrane View CityWater Water Access Beach - Access DeededGulf/Ocean Water Access Yn Yes Water Body Name GULF OF MEXICO Water Extras Yn No Water View BeachGulf/Ocean - Full Water View Yn Yes Waterfront Features Gulf/Ocean FrontBeachGulf/Ocean Waterfront Yn Yes

Interior Features

Additional Rooms Storage Rooms Appliances Bar FridgeBuilt-In OvenCooktopDishwasherDryerFreezerRange HoodRefrigeratorTankless Water HeaterWasherWine Refrigerator Building Area Total 1274 Building Elevator Yn Yes Cooling Central AirZoned Cooling YN Yes Fireplace Yn No Flooring Porcelain Tile Furnished Partially Heating Electric Heating YN Yes Interior Features Built-in FeaturesKitchen/Family Room ComboSolid Surface CountersThermostatWalk-In Closet(s)Wet BarWindow Treatments Laundry Features Common Area Levels One Rooms Kitchen Primary Bedroom (Walk-In Closet(s)) Bathroom 2 Office Balcony/Porch/Lanai Balcony/Porch/Lanai Living Room Bedroom 2 (Built-in Closet) Dining Room Balcony/Porch/Lanai Primary Bathroom Sewer Public Sewer Stories Total 1 Water Source Public Window Features BlindsStorm Window(s)

Property Features

Additional Lease Restrictions Refer to Association Additional Parcels YN No Approval Process Refer to Association Association Amenities Elevator(s)Fitness CenterGatedLobby Key RequiredMaintenancePoolStorage Association Fee Includes Common Area TaxesCommunity PoolMaintenance StructureMaintenance GroundsManagerPool Maintenance Association Montly Maint Amt Add To Hoa 0 Association Yn No Building Name Number THE TERRACE Cdd Yn No Community Features Gulf/Ocean FrontBuyer Approval RequiredGated Community - No GuardPool Condo Fee Monthly Amount 3600 Condo Fees 3600 Condo Fees Term Monthly Condo Land Included Yn No Down Payment Resource No Flood Zone Code AE Floor Number 15+ Garage Yn No Homestead Yn No Lease Considered YN Yes Lease Restrictions YN No Listing Terms CashConventional Max Pet Weight 15 Minimum Lease 2 Months New Construction Yn No Number Of Pets 1 Occupant Type Owner Ownership Condominium Pet Size Very Small (Under 15 Lbs.) Pets Allowed Cats OKDogs OKYes Property Attached YN No Property Sub Type Condominium Realtor Info Assoc approval required Senior Community Yn No Special Listing Conditions None Sw Subdiv Community Name Terrace Tax Annual Amount 30871 Total Annual Fees 43200 Total Monthly Fees 3600 Utilities Electricity ConnectedWater Connected Yrs Of Owner Prior To Leasing Re No Zoning CONDO


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 2026-08-16T23:42:27.82.
 
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