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
Year Built
1969
Beds
2
County
Sarasota
Subdivision
Terrace

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

City
Siesta Key
Region
Sarasota/Crescent Beach/Siesta Key
Zip
34242
Mo Subdivision
Mira Mar Beach
Neighborhood
Mira Mar Beach
Subdivision
Terrace
Area
2374
Water Frontage
Beach Front, Beach View, Beach Access
Community Extras
Buyer Approval Required, Gated Community - No Guard, Pool, No Deed Restriction, Maintenance Free
Property Description
One Story
Exterior Construction
Concrete
Elementary School
Phillippi Shores Elementary
Middle School
Brookside Middle
High School
Sarasota High
Frontage
Beach Front, Gulf/Ocean
Architectural Style
Contemporary, Mid-Century Modern
Pool Type
Community
Pets Allowed
Yes
Pet Max Weight
15
Water Access
Beach - Access Deeded, Gulf/Ocean
Water View
Yes
Water View
Beach, Gulf/Ocean - Full
Property Style
Condo
Water Frontage
Yes
Special Sale Provision
None
Garage Description
2 Car Carport
Additional Rooms
Storage Rooms
Minimum Lease
2 Months
Interior Features
Built-in Features, Kitchen/Family Room Combo, Solid Surface Counters, Thermostat, Walk-In Closet(s), Wet Bar, Window Treatments
Interior Layout
Built-in Features, Kitchen/Family Room Combo, Solid Surface Counters, Thermostat, Walk-In Closet(s), Wet Bar, Window Treatments
Water Frontage
Beach Front, Gulf/Ocean
Water Front Description
Beach Front, Gulf/Ocean
Community Features
Buyer Approval Required, Gated Community - No Guard, Pool
Flood Zone
AE
Flood Zone
Yes
Water Access
Yes
Pet Size
Very Small (Under 15 Lbs.)
Financing Available
Cash, Conventional
Condo Fee
$3600
Heated Square Feet
2374
Stories
1
Exterior Features
Balcony
Community Pool
Yes
Waterfront
Yes
Parking Description
Assigned, Covered
Floor Covering
Tile
Water Features
Beach - Access Deeded, Gulf/Ocean, Beach Front, Gulf/Ocean
Monthly Condo Fee
3600
Pp Sqft
1684.92
Levels
One
Architectural Style
Contemporary, Mid-Century Modern
Occupant Type
Owner
Subtype
Condo
Roof
Membrane
Property Subtype
Residential
Pool
Yes
View
City, Water, Beach, Gulf/Ocean - Full
Sewer
Public Sewer
Water Source
Public
Amenities
Elevators, Fitness Center, Gated, Lobby Key Required, Maintenance, Pool, Storage
Furnished
Partially

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

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