5400 Ocean Boulevard ##15 1-4, Sarasota, FL 34242
For Sale $4,000,000
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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.
Built-in Features
Kitchen/Family Room Combo
Solid Surface Counters
Thermostat
Walk-In Closet(s)
Wet Bar
Window Treatments
Elevators
Fitness Center
Gated
Lobby Key Required
Maintenance
Pool
Storage
Taxes: $30,871.00
Tax Year: 2025
Balcony
Bar Fridge
Built-In Oven
Cooktop
Dishwasher
Dryer
Freezer
Range Hood
Refrigerator
Tankless Water Heater
Washer
Wine Refrigerator
City
Water
Beach
Gulf/Ocean - Full
Beach Front
Gulf/Ocean
Gulf Of Mexico
View: Beach
Gulf/Ocean - Full
Elementary School: Phillippi Shores Elementary
Middle School: Brookside Middle
Junior High: Brookside Middle
High School: Sarasota High
Building Description: Contemporary, Mid-Century Modern
MLS Area: 34242 - Sarasota/Crescent Beach/Siesta Key
Total Square Footage: 1,274
Price per Square Feet: $1,684.92
Total Floors: 1
Water: Public
Construction: Concrete
Date Listed: 2026-07-23 00:00:00
Furnished: Partially
Windows: Blinds, Storm Window(S)
Parking: Assigned, Covered
Flooring: Tile
Roof: Membrane
Heating: Electric
Cooling: Central Air, Zoned
Laundry: Common Area
Pets: Cats Ok, Dogs Ok, Yes
Sewer: Public Sewer
Parcel ID: 0080251062
Amenities: Elevators, Fitness Center, Gated, Lobby Key Required, Maintenance, Pool, Storage
Listing Courtesy Of: Michael Saunders & Company
mickeykiernan@michaelsaunders.com
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.
Property Details
Price: $4,000,000
Sq Ft: 2,374
($1,685 per
sqft)
Bedrooms: 2
Bathrooms: 2
Partial Baths: 1
City: Sarasota
County: Sarasota
Type: Condo
Development: Terrace
Virtual Tour/Floorplan: View
Year Built: 1969
Listing Number: A4698001
Status Code: A-Active
Taxes: $30,871.00
Tax Year: 2025
Garage:
Furnishings: Partially
Pets Allowed: Cats OK, Dogs OK, Yes
Total Recurring Fees: $3,600
Total Recurring Fee Frequency: 0.00
Interior Features:
Built-in Features
Kitchen/Family Room Combo
Solid Surface Counters
Thermostat
Walk-In Closet(s)
Wet Bar
Window Treatments
Amenities:
Elevators
Fitness Center
Gated
Lobby Key Required
Maintenance
Pool
Storage
Financial Information:
Taxes: $30,871.00
Tax Year: 2025
Exterior Features:
Balcony
Equipment:
Bar Fridge
Built-In Oven
Cooktop
Dishwasher
Dryer
Freezer
Range Hood
Refrigerator
Tankless Water Heater
Washer
Wine Refrigerator
View:
City
Water
Beach
Gulf/Ocean - Full
Waterfront Description:
Beach Front
Gulf/Ocean
Gulf Of Mexico
View: Beach
Gulf/Ocean - Full
School Information:
Elementary School: Phillippi Shores Elementary
Middle School: Brookside Middle
Junior High: Brookside Middle
High School: Sarasota High
Additional Information:
Building Description: Contemporary, Mid-Century Modern
MLS Area: 34242 - Sarasota/Crescent Beach/Siesta Key
Total Square Footage: 1,274
Price per Square Feet: $1,684.92
Total Floors: 1
Water: Public
Construction: Concrete
Date Listed: 2026-07-23 00:00:00
Furnished: Partially
Windows: Blinds, Storm Window(S)
Parking: Assigned, Covered
Flooring: Tile
Roof: Membrane
Heating: Electric
Cooling: Central Air, Zoned
Laundry: Common Area
Pets: Cats Ok, Dogs Ok, Yes
Sewer: Public Sewer
Parcel ID: 0080251062
Amenities: Elevators, Fitness Center, Gated, Lobby Key Required, Maintenance, Pool, Storage
Map of 5400 Ocean Boulevard ##15 1-4, Sarasota, FL 34242
Listing Courtesy Of: Michael Saunders & Company
mickeykiernan@michaelsaunders.com