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$4,000,000
1 Day On Site

5400 OCEAN BOULEVARD #15 1-4
SARASOTA, FL 34242

For Sale|Condominium|Active
2
Beds
3
Total Baths
2
Full Baths
1
Partial Bath
2,374
SqFt
$1,685
/SqFt
1969
Built
Subdivision:
THE TERRACE
County:
Sarasota
Call Now: 941-685-5565
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941-685-5565
5400 OCEAN BOULEVARD #15 1-45400 OCEAN BOULEVARD #15 1-45400 OCEAN BOULEVARD #15 1-45400 OCEAN BOULEVARD #15 1-4
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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.

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Listing Snapshot
Price 
$4,000,000
Days On Site 
1 Day
Bedrooms 
2
Inside Area (SqFt) 
2,374 sqft
Total Baths 
3
Full Baths 
2
Partial Baths 
1
Lot Size 
N/A
Year Built 
1969
MLS® Number 
A4698001
Status 
Active
Property Tax 
$30,871
HOA/Condo/Coop Fees 
$3,600
Sq Ft Source 
Public Records
Friends & Family
Recent Activity
9 hours agoListing updated with changes from the MLS®
yesterdayListing first seen on site
General Features
Carport 
2
Direction Faces 
Southwest
Foundation 
Slab
Levels 
One
Number Of Stories 
1
Parking 
AssignedCovered
Pets 
Cats OKDogs OKYes
Property Sub Type 
Condominium
Sewer 
Public Sewer
SqFt Total 
1274
Style 
ContemporaryMid-Century Modern
Utilities 
Electricity ConnectedWater Connected
Water Source 
Public
Zoning 
CONDO
Interior Features
Appliances 
Bar FridgeCooktopDishwasherDryerFreezerRange HoodRefrigeratorTankless Water HeaterWasherWine Refrigerator
Cooling 
Central AirZoned
Flooring 
Tile
Furnished 
Partially
Heating 
Electric
Interior 
ElevatorBuilt-in FeaturesWalk-In Closet(s)Wet Bar
Laundry Features 
Common Area
Window Features 
BlindsStorm Window(s)
Balcony/Porch/Lanai 
Level - First
Bathroom 2 
Level - First
Bedroom 2 
Level - First
Dining Room 
Level - First
Kitchen 
Level - First
Living Room 
Level - First
Master Bathroom 
Level - First
Master Bedroom 
Level - First
Office 
Level - First
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Exterior Features
Construction Details 
Concrete
Exterior 
Balcony
Lot Features 
Waterfront
Roof 
Membrane
View 
BeachWaterCity
Waterfront 
Yes
Waterfront Features 
Beach FrontOcean FrontBeach Access
Waterview 
BeachWaterCity
Windows/Doors 
BlindsStorm Window(s)
Community Features
Association Amenities 
Elevator(s)Fitness CenterGatedMaintenancePoolStorage
Community Features 
GatedPool
Financing Terms Available 
CashConventional
MLS Area 
34242 - Sarasota/Crescent Beach/Siesta Key
Township 
37S
Schools
School District
Unknown
Elementary School
Phillippi Shores Elementary
Middle School
Brookside Middle
High School
Sarasota High
Listing courtesy of MICHAEL SAUNDERS & COMPANY (941) 402-9115



Listing information is provided by Participants of the Stellar MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Properties displayed may be listed or sold by various participants in the MLS Copyright 2026, Stellar MLS.
Last checked: 2026-07-24 03:58 PM EDT

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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