5400 OCEAN BOULEVARD, #15 1-4
Sarasota, FL 34242
$4,000,000
Open Houses
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 ...
Listing Courtesy of: MICHAEL SAUNDERS & COMPANY
941-349-3444
| Listing Id: | A4698001 |
|---|---|
| List Price: | $4,000,000 |
| Property Type: | Residential |
| Property Sub Type: | Condominium |
| Status: | Active |
| Bedrooms Total: | 2 |
| Bathrooms Full: | 2 |
| Bathrooms Half: | 1 |
| Living Area: | 2,374 |
| Condo Fees: | 3,600.0 |
| Tax Annual Amount: | $30,871 |
| Architectural Style: | Contemporary, Mid-Century Modern |
| Waterfront?: | Yes |
| City: | Sarasota |
| County Or Parish: | Sarasota |
| Subdivision Name: | Terrace |
| Postal Code: | 34242 |
| Year Built: | 1969 |
| Additional Parcels?: | No |
| Appliances: | Bar Fridge, Built-In Oven, Cooktop, Dishwasher, Dryer, Freezer, Range Hood, Refrigerator, Tankless Water Heater, Washer, Wine Refrigerator |
| Association Amenities: | Elevators, Fitness Center, Gated, Lobby Key Required, Maintenance, Pool, Storage |
| Association Fee Includes: | Common Area Taxes, Pool, Maintenance Structure, Maintenance Grounds, Management |
| Bathrooms Total Integer: | 3 |
| Building Area Source: | Public Records |
| Building Area Total: | 1274 |
| Building Area Units: | Square Feet |
| Carport Spaces: | 2 |
| Carport?: | Yes |
| Direction Faces: | Southwest |
| Foundation Details: | Slab |
| Construction Materials: | Concrete |
| Cooling: | Central Air, Zoned |
| Directions: | South 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. |
| Elementary School: | Phillippi Shores Elementary |
| Exterior Features: | Balcony |
| Flooring: | Tile |
| Furnished: | Partially |
| Garage?: | No |
| Community Features: | Buyer Approval Required, Gated Community - No Guard, Pool |
| Heating: | Electric |
| High School: | Sarasota High |
| Interior Features: | Built-in Features, Kitchen/Family Room Combo, Solid Surface Counters, Thermostat, Walk-In Closet(s), Wet Bar, Window Treatments |
| Laundry Features: | Common Area |
| Levels: | One |
| Ownership: | Condominium |
| Living Area Source: | Public Records |
| Living Area Units: | Square Feet |
| Postal Code Plus4: | 3362 |
| Middle Or Junior School: | Brookside Middle |
| MLS Area Major: | 34242 - Sarasota/Crescent Beach/Siesta Key |
| MLS Area Major: | 34242 - Sarasota/Crescent Beach/Siesta Key |
| Original List Price: | $4,000,000 |
| Parcel Number: | 0080251062 |
| Parking Features: | Assigned, Covered |
| Pets Allowed: | Cats OK, Dogs OK, Yes |
| Property Attached?: | No |
| Stories Total: | 1 |
| Township: | 37S |
| Road Surface Type: | Brick |
| Roof: | Membrane |
| Listing Terms: | Cash, Conventional |
| Tax Year: | 2025 |
| Senior Community?: | No |
| Sewer: | Public Sewer |
| Special Listing Conditions: | None |
| Water Body Name: | GULF OF MEXICO |
| State Or Province: | FL |
| Association?: | No |
| Utilities: | Electricity Connected, Water Connected |
| View: | City, Water, Beach, Gulf/Ocean - Full |
| Water Source: | Public |
| Public Survey Range: | 17E |
| Public Survey Section: | 11 |
| Zoning: | CONDO |
| Waterfront Features: | Beach Front, Gulf/Ocean |
| Window Features: | Blinds, Storm Window(s) |
| Additional Lease Restrictions: | Refer to Association |
| Additional Rooms: | Storage Rooms |
| Alternate Key Folio Num: | 0080251062 |
| Approval Process: | Refer to Association |
| Association Email: | mburchell@accessdifference.com |
| Available For Lease Yn: | Yes |
| Building Area Total Srch Sq M: | 118.36 |
| Building Elevator Yn: | Yes |
| Building Name Number: | THE TERRACE |
| Calculated List Price By Calcula: | 1684.92 |
| Cddyn: | No |
| Condo Fees Term: | Monthly |
| Condo Land Included Yn: | No |
| Dprurl: | https://www.workforce-resource.com/dpr/listing/MFRMLS/A4698001?w=Agent&skip_sso=true |
| Dprurl 2: | https://www.workforce-resource.com/dpr/listing/MFRMLS/A4698001?w=Customer |
| Dpryn: | No |
| Exist Lse Tenant Yn: | No |
| Flood Zone Code: | AE |
| Flood Zone Date: | 2024-03-27 |
| Floor Number: | 15+ |
| Green Verification Count: | 0 |
| Homestead Yn: | No |
| Lease Restrictions Yn: | No |
| Listing Exclusion Yn: | No |
| Living Area Meters: | 220.55 |
| Max Pet Weight: | 15 |
| Minimum Lease: | 2 Months |
| Monthly Condo Fee Amount: | $3,600 |
| Number Of Pets: | 1 |
| Pet Size: | Very Small (Under 15 Lbs.) |
| Property Description: | Corner Unit |
| Realtor Info: | Assoc approval required |
| Room Count: | 11 |
| Sdeo yn: | No |
| Sw Subdiv Community Name: | Terrace |
| Total Annual Fees: | $43,200 |
| Total Monthly Fees: | $3,600 |
| Unit Number Yn: | No |
| Water Access: | Beach - Access Deeded, Gulf/Ocean |
| Water Access Yn: | Yes |
| Water Extras Yn: | No |
| Water Frontage Feet Gulf Ocean: | 100 |
| Waterfront Feet Total: | 130 |
| Water View: | Yes |
| Yrs Of Owner Prior To Leasing Re: | 0 |
| Zoning Compatible Yn: | Yes |
| Association Name: | MaryAnn Burchell |
| Association Phone: | 941-349-7700 |
| Association 2 Yn: | 0 |
| Attribution Contact: | 941-349-3444 |
| Originating System Name : | Stellar MLS |
| Community Association Water Features: | Gulf/Ocean Front |
| Dock Yn: | No |
| In Law Suite Yn: | No |
| Num Assigned Parking Spaces: | 2 |
| Water Frontage Feet Beach: | 30 |
| Green Energy Generation Yn: | No |
| Listing Contract Date: | 2026-07-23 |
| Fireplace?: | No |
| Pool Private?: | No |
| New Construction?: | No |
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Property Last Updated: November 06, 2026 02:48 PM - ET
