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$4,000,000

2 Beds 2 / 1 Full / Half Baths 2,374 SQFT 0.00 Acres
Type: Condos

5400 OCEAN BOULEVARD 15 1-4
SARASOTA, FL 34242

MLS#: A4698001
Ron Ostern
Ron Ostern
The Real Estate Advantage
Agent
Phone: 651.379.2864
Presented by: MICHAEL SAUNDERS & COMPANY with 941-349-3444. - 941-349-3444

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.


 

Interior Features

Bedrooms

Total Bedrooms2

Bathrooms

Half Baths1
Total Baths3

Other Interior Features

LivingAreaSource0 sqft
Air Conditioning Y/NYes
Common WallsCorner Unit
Fireplace Y/NNo
FlooringPorcelain Tile
Furnished Y/NPartially
Heating Y/NYes
Interior AmenitiesBuilt-in Features, Kitchen/Family Room Combo, Solid Surface Counters, Thermostat, Walk-In Closet(s), Wet Bar, Window Treatments
Laundry FeaturesCommon Area
Total Stories1
Window FeaturesBlinds, Storm Window(s)

General

Additional Parcels Y/NNo
Additional RoomsStorage Rooms
AppliancesBar Fridge, Built-In Oven, Cooktop, Dishwasher, Dryer, Freezer, Range Hood, Refrigerator, Tankless Water Heater, Washer, Wine Refrigerator
Architectural StyleContemporary, Mid-Century Modern
Association AmenitiesElevator(s), Fitness Center, Gated, Lobby Key Required, Maintenance, Pool, Storage
Association Fee IncludesCommon Area Taxes, Community Pool, Maintenance Structure, Maintenance Grounds, Manager, Pool Maintenance
Association NameMaryAnn Burchell
Body of WaterGULF OF MEXICO
Building Area Units0 sqft
Carport Spaces2
Carport Y/NYes
CitySARASOTA
Community FeaturesGulf/Ocean Front, Buyer Approval Required, Gated Community - No Guard, Pool
Construction MaterialsConcrete
CoolingCentral Air, Zoned
CountySarasota
DirectionsSouth 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.
DockY/NNo
Elementary SchoolPhillippi Shores Elementary
Facing DirectionSouthwest
Flood Zone CodeAE
Full Baths2
Garage Y/NNo
HOA Monthly Maintenance0
HeatingElectric
High SchoolSarasota High
In Law Suite YNNo
Land Lease Y/NNo
Lease Considered Y/NYes
Legal DescriptionUNITS 15-1 & 15-4 THE TERRACE, BEING SAME LANDS AS DESC AS 2014109920 & 2019105728
LevelsOne
Listing TermsCash, Conventional
Living Area Units0 sqft
MLS Area34242 - Sarasota/Crescent Beach/Siesta Key
Middle/Junior High SchoolBrookside Middle
Minimum Lease2 Months
Monthly Condo Fee Amount$3,600
New ConstructionNo
Occupancy TypeOwner
OwnershipCondominium
Pet Size LimitVery Small (Under 15 Lbs.)
Pets AllowedCats OK, Dogs OK, Yes
Property Attached Y/NNo
Property SubtypeCondominium
Property TypeResidential
RoofMembrane
Senior Community Y/NNo
SewerPublic Sewer
Standard StatusActive
StatusActive
Subdivision NameTERRACE
Tax Annual Amount$30,871
Tax Lot0
Tax Year2025
Total Rooms11
Unit Number15
UtilitiesElectricity Connected, Water Connected
ViewCity, Water
Virtual TourClick here
Water Access TypeBeach - Access Deeded, Gulf/Ocean
Water Access Y/NYes
Water ViewBeach, Gulf/Ocean - Full
Water View Y/NYes
Waterfront FeaturesGulf/Ocean Front, Beach, Gulf/Ocean
Year Built1969
ZoningCONDO

Exterior

Building Area Total1,274 sqft
Covered Spaces2
Exterior AmenitiesBalcony
Foundation DetailsSlab
Parking FeaturesAssigned, Covered
Private PoolNo
Road Surface TypeBrick
Water SourcePublic
Waterfront Y/NYes

Additional Details

Price History

  

Similar Properties

$4,000,000

2 Beds 2 / 1 Full / Half Baths 2,374 SQFT 0.00 Acres
Type: Condos

5400 OCEAN BOULEVARD 15 1-4
SARASOTA, FL 34242

MLS#: A4698001
Ron Ostern
Ron Ostern
The Real Estate Advantage
Agent
Phone: 651.379.2864