5400 Ocean Boulevard Unit #15 1-4, Siesta Key, FL 34242

$4,000,000
2
BD
3
BA
2,374
SqFt

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List Price
$4,000,000
Status
ACTIVE
Days on Market
23
MLS#
A4698001
Subtype
Residential
Style
One Story
Architectural Style
Contemporary, Mid-Century Modern
Year Built
1969
Bedrooms
2
Bathrooms
3
Full Baths
2
Half Baths
1
Living Area
2,374
Subdivision
Terrace
Building Name
The Terrace
MLS Area Major
Sarasota/Crescent Beach/Siesta Key

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.

Additional Information

Amenities
Elevators, Fitness Center, Gated, Lobby Key Required, Maintenance, Pool, Storage
Interior Features
Built-in Features, Kitchen/Family Room Combo, Solid Surface Counters, Thermostat, Walk-In Closet(s), Wet Bar, Window Treatments
Exterior Features
Balcony
Monthly Condo Fee
3600
Condo Fees
$3600
Condo Fees Term
Monthly
Pets Allowed
Yes
Pets
Yes
Max Pet Weight
15
Pet Size
Very Small (Under 15 Lbs.)
Building Name
The Terrace
Financing
Cash, Conventional
Community Features
Buyer Approval Required, Gated Community - No Guard, Pool, No Deed Restriction, Maintenance Free
Property Description
One Story
Zoning
CONDO
Appliances
Bar Fridge, Built-In Oven, Cooktop, Dishwasher, Dryer, Freezer, Range Hood, Refrigerator, Tankless Water Heater, Washer, Wine Refrigerator
Heating
Electric
Air Conditioning
Central Air, Zoned
Exterior Construction
Concrete
Exterior Features
Balcony
Stories
1
Levels
One
Roof
Membrane
Foundation
Slab
Pool
Yes
Parking
Assigned, Covered
Parking Features
Assigned, Covered
Garage
2 Car Carport
Garage Features
Assigned, Covered
Elementary School
Phillippi Shores Elementary
Middle School
Brookside Middle
High School
Sarasota High
View
City, Water, Beach, Gulf/Ocean - Full

Listing courtesy of MICHAEL SAUNDERS & COMPANY. 941-349-3444

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