$1,250,000
5400 Ocean Boulevard
Sarasota, FL 34242
Listing updated: June 18, 2026 at 3:19 PM ET
Listing courtesy of Michael Saunders & Company · Mickey Kiernan · MLS #A4663880 · Pending · 941-349-3444Property type
Year built
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
One or more photo(s) has been virtually staged. Virtually Staged. MAJOR PRICE REDUCTION! The lowest-priced 2-bedroom residence at Beach Terrace in over 8 years—this is the opportunity of the decade! Welcome to one of Siesta Key's most desirable addresses. This exceptional corner residence offers direct Gulf of Mexico frontage, perfectly positioned at the end of the village where luxury meets convenience. Prepare to be captivated by panoramic vistas from your three spacious private balconies. Enjoy unobstructed views of pristine white sand beaches, sparkling aqua Gulf waters, downtown Sarasota's skyline, and even Longboat Key on clear days. Watch the twinkling lights of Siesta Key Village create an unforgettable backdrop as the sun sets—easily among the best views on Siesta Key. Enter through an inviting foyer with elegant tiled flooring leading into a beautifully updated kitchen featuring granite countertops & modern cabinetry. The spacious living area showcases dual sliding glass doors framing stunning Gulf views. The generous dining area provides ample space for entertaining. The primary bedroom features a private Gulf-view balcony with two full-size beds and an elegant ensuite bath with updated tile, modern cabinetry, and granite countertops. The guest bedroom offers a full bed and private sliding door to dazzling Gulf views, plus an updated full bathroom with modern finishes and tile shower. Elevated heated saltwater pool with sunset views, modern fitness center, community room, covered parking, and gated security with onsite management. Private beach access puts you steps from world-renowned Siesta Key Beach. Nestled at the end of the village, enjoy tranquility and convenient access to Siesta Key Village shops and restaurants—no car needed once you arrive. Beach Terrace represents the pinnacle of Gulf-front living. With the lowest pricing for a 2-bedroom in over 8 years, this move-in ready split-floor plan residence is your once-in-a-decade opportunity to own paradise where stunning views, luxury amenities, and coastal elegance unite.
Estimated monthly payment
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history262 days on market
- Status: PendingMay 26, 2026
- Listed$1,450,000Sep 2, 2025
- Price reduced$1,250,000
Facts & features
- Property type
- Residential
- Sub type
- Condominium
- Status
- Pending
- Days on market
- 262
- Subdivision
- Terrace
- County
- Sarasota
- Year built
- 1970
- Living area
- 1,187 sq ft
- Price/sq ft
- $1,053
- Lot size
- 0 sq ft
- Lot category
- Non-Applicable
- Flood zone
- VE
- Annual taxes
- $10,071 (2025)
- Parcel #
- 0080251027
- Zoning
- RMF3
- MLS #
- A4663880
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Interior Details
- Bedrooms
- 2
- Full bathrooms
- 2
- Flooring
- Carpet, Ceramic Tile
- Appliances
- Built-In Oven, Cooktop, Dishwasher, Disposal, Electric Water Heater, Microwave, Refrigerator
- Interior features
- Ceiling Fans(s), Eat-in Kitchen, Open Floorplan, Solid Wood Cabinets, Split Bedroom, Stone Counters, Tray Ceiling(s), Window Treatments
- Laundry
- Other
- Stories / Levels
- One
- Direction faces
- Southeast
Heating & Cooling
- Heating
- Other
- Cooling
- Central Air, Other, Attic Fan
HOA & Financial
- Total monthly fees
- $1,800/mo
- Total annual fees
- $21,600
- CDD
- No
- Min lease term
- 2 Months
- Listing terms
- Cash, Conventional
- Ownership
- Condominium
- Available for lease
- Yes
- Lease restrictions
- Yes
- Additional lease restrictions
- Ask Association
- Approval process
- Ask Association
Exterior & Construction
- Exterior features
- Sliding Doors
- Construction materials
- Brick, Concrete
- Roof
- Other
- Foundation
- Slab
- Water access
- Yes
- Water view
- Yes
- Road surface
- Asphalt, Brick
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- Electricity Connected, Public
Community
- Pets allowed
- Size Limit, Yes
Schools
Letter grades: Florida DOE 2024–25 school grades (Orange, Seminole, Lake, Osceola, Brevard). Assigned schools from the listing agent — verify enrollment with the district.
Room Details
| Room | Level | Dimensions |
|---|---|---|
| Primary Bedroom | First | 12x16.5 |
| Primary Bathroom | First | 5x5.5 |
| Living Room | First | 23x16 |
| Dining Room | First | 11x7 |
| Foyer | First | 5x6.5 |
| Kitchen | First | 9x10 |
| Balcony/Porch/Lanai | First | 23x3 |
| Balcony/Porch/Lanai | First | 23x5.5 |
| Balcony/Porch/Lanai | First | 11.5x2.5 |
Listing Details
- Listing date
- 2025-09-02
- On market date
- 2025-09-02
- Original list price
- $1,450,000
- Occupant type
- Owner
- MLS area
- 34242 - Sarasota/Crescent Beach/Siesta Key
- Listing AOR
- Sarasota - Manatee
- Status changed
- 2026-05-26
- Tax legal description
- UNIT 64 THE TERRACE
Flood risk
Coastal high-hazard area (Zone V) with wave action. In a FEMA Special Flood Hazard Area — flood insurance is generally required by lenders.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
South bridge, Stickney Point, make a right onto Beach Avenue travel xxx miles until the road makes a right onto Ocean Avenue nearing Siesta Key Village. Make a left on to Ocean Avenue, left into Beach Terrace. Guest parking toward the gulf.
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Listings courtesy of Stellar MLS as distributed by MLS GRID
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Based on information submitted to the MLS GRID as of June 18, 2026 at 3:19 PM ET. 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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