5400 OCEAN BOULEVARD #17-04

SARASOTA, FL 34242

Listing courtesy of MICHAEL SAUNDERS & COMPANY · MLS# A4698764

$1,559,000

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Property Details

Bedrooms

Bathrooms

Square Feet

1,187

MLS#

A4698764

Listed

July 2, 2026

Description

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.

Facts & Costs

Property type: Condominium
Year built: 1970
Stories: 17
Price per sq ft: $1,313
Days on market: 90
Private pool: No
Waterfront: Yes
Community: Terrace
Subdivision: TERRACE
County: Sarasota
Flood zone: VE

Monthly & yearly costs

Property taxes: $13,856 / year (2024)

As reported by the listing agent. Verify with the HOA and county.

Construction & systems

Heating: Central
Cooling: Central Air
Flooring: Ceramic Tile, Hardwood, Tile
Construction: Concrete, ICFs (Insulated Concrete Forms)
View: Gulf/Ocean - Partial

Payment Estimate

$9,038 / month

Principal & interest: $7,883
Property taxes: $1,155
HOA: $0
Home insurance: enter below

Down payment (20%)$311,800Interest rate (%)Loan termHome insurance ($/year)

Estimate only, not a loan offer. Rate is a starting value; taxes and HOA are as reported by the listing agent. Florida insurance (including flood) varies widely. Ask George for a lender referral.

Location

Features & Amenities

Dishwasher
Disposal
Ice Maker
Microwave
Range
Refrigerator
High Ceilings
Kitchen/Family Room Combo
Solid Surface Counters
Split Bedroom
Stone Counters
Walk-In Closet(s)
Balcony
Hurricane Shutters
Sliding Doors
Storage
Salt Water
Gulf/Ocean

Information deemed reliable but not guaranteed.

Listings courtesy of Stellar MLS as distributed by MLS GRID

Based on information submitted to the MLS GRID as of Sep 30, 2026, 6:30 PM EDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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