5400 Ocean Boulevard, FL
Stellar MLS

$1,295,000

5400 Ocean Boulevard

Sarasota, FL 34242

Listing updated: April 23, 2026 at 1:22 PM ET

Active
1
Bed
2
Baths
928
Sq Ft
2.08
Acres
1970
Built
WaterfrontWater access2.08 acres$1,395/sqft
Condominium

Property type

1970

Year built

90,789 sqft

Lot size

$1,395

Price / sq ft

$1,599/mo

HOA dues

169

Days on market

AE

Flood zone

About this home

New price! Experience the ultimate in Siesta Key beachfront living. Directly on world-renowned Siesta Beach, rated #1 in the U.S. and #4 worldwide by TripAdvisor, this stunning fifth-floor corner residence captures the essence of luxury coastal living. Recently renovated to perfection, this one-bedroom, 1.5-bath condominium offers a rare combination of modern sophistication, coastal elegance and sweeping Gulf views. Designed by the acclaimed architect Frank Folsom Smith, the iconic Beach Terrace building is an architectural gem. This residence is a standout, meticulously renovated by a designer whose impeccable taste and attention to detail elevate the home well beyond expectation, with a focus on efficient use of space. The result is a move-in-ready retreat where every inch reflects exceptional craftsmanship and thoughtful design. Go inside to discover two walls of wrap-around, floor-to-ceiling impact-rated sliding glass doors that open to three private balconies, expanding the total usable space to 1,284 square feet, immersing you in stunning views of the Gulf’s turquoise waters and legendary white quartz sand. The chef’s kitchen is a masterpiece, featuring Quartzite countertops, custom European cabinetry, high-end stainless steel appliances and an expansive island that anchors the open concept living area. The spacious great room, bathed in natural light, includes a custom Murphy bed for overnight guests and provides a setting to enjoy Siesta Key’s radiant sunsets. Every element of this home is designed for comfort and style, from the serene primary suite to the elegant finishes throughout. The primary bath reflects a flawless balance of form and function. Featuring European cabinetry, a glass-enclosed walk-in shower and spectacular floor-to-ceiling tilework, this serene space exudes modern elegance. Every detail, from the sleek fixtures to the artful tile patterns, has been thoughtfully curated to create a spa-like sanctuary that complements the residence’s sophisticated coastal aesthetic. Additional improvements include a new air conditioning system with updated ductwork, new electrical upgrades and a new water heater, ensuring comfort and peace of mind for years to come. Within Beach Terrace’s exclusive enclave, residents enjoy the security of a controlled-access lobby, the convenience of an on-site manager, and premium amenities including a heated saltwater pool overlooking the Gulf, fitness center and community lounge. Go outside and you’re just moments from Siesta Key Village, where you’ll find inviting boutiques, beachside cafés and vibrant local dining. With the beach at your doorstep, a car becomes optional. And when you crave a touch of city life, downtown Sarasota’s acclaimed cultural scene, restaurants, galleries, opera, ballet, and theaters, is just minutes away across the north bridge. This is more than a residence, it’s a rare opportunity to own a beautifully reimagined piece of paradise, where luxury, location and lifestyle converge to create an extraordinary beachfront experience on Siesta Key.

Estimated monthly payment

Principal & interest$6,548
Property taxes$846
Home insurance (est.)$594
HOA dues$1,599

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 history169 days on market

  1. Status: Active
    Nov 5, 2025
  2. Listed$1,350,000
    Nov 5, 2025
  3. Price reduced$1,295,000

Facts & features

Property type
Residential
Sub type
Condominium
Status
Active
Days on market
169
Subdivision
Terrace
County
Sarasota
Year built
1970
Living area
928 sq ft
Price/sq ft
$1,395
Building area
1,284 sq ft (Public Records)
Lot size
90,789 sq ft
Flood zone
AE
Annual taxes
$10,150 (2025)
Parcel #
0080251021
Zoning
RMF3
MLS #
A4669686

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Interior Details

Bedrooms
1
Full bathrooms
1
Half bathrooms
1
Flooring
Luxury Vinyl
Appliances
Bar Fridge, Built-In Oven, Cooktop, Dishwasher, Electric Water Heater, Microwave, Refrigerator
Interior features
Built-in Features, Eat-in Kitchen, Elevator, Kitchen/Family Room Combo, Open Floorplan, Primary Bedroom Main Floor, Stone Counters, Thermostat
Laundry
Common Area
Stories / Levels
One
Direction faces
Southeast

Heating & Cooling

Heating
Central, Electric
Cooling
Central Air

Parking

Parking features
Deeded, Guest
Carport
Yes

HOA & Financial

HOA fee
$4,796 / Quarterly
Monthly HOA
$1,599/mo
Total monthly fees
$1,599/mo
Total annual fees
$19,183
HOA name
Ron Brann
CDD
No
Min lease term
2 Months
Listing terms
Cash, Conventional
Ownership
Condominium
Available for lease
Yes
Lease restrictions
Yes
Additional lease restrictions
Refer to condo docs for lease restrictions.
Approval process
Refer to condo docs for lease restrictions, association approval.

Exterior & Construction

Exterior features
Balcony, Hurricane Shutters, Lighting, Outdoor Shower, Sliding Doors
Construction materials
Concrete
Roof
Concrete
Foundation
Pillar/Post/Pier
Waterfront
Yes
Water access
Yes
Water view
Yes
Road surface
Asphalt, Paved

Utilities

Sewer
Public Sewer
Water source
Public
Utilities
BB/HS Internet Available, Cable Connected, Electricity Connected, Sewer Connected, Water Connected

Community

Pets allowed
Number Limit

Schools

ElementaryPhillippi Shores ElementaryGreatSchools ↗
MiddleMcIntosh MiddleGreatSchools ↗
High SchoolSarasota HighGreatSchools ↗

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

RoomLevelDimensions
Great RoomFirst23x16
KitchenFirst23x10
Primary BedroomFirst12x10
Bathroom 1First11x7
Bathroom 2First5x4
Balcony/Porch/LanaiFirst23x5
Balcony/Porch/LanaiFirst23x3
Balcony/Porch/LanaiFirst11x2
FoyerFirst9x4

Listing Details

Listing date
2025-10-26
On market date
2025-11-05
Original list price
$1,350,000
Occupant type
Owner
MLS area
34242 - Sarasota/Crescent Beach/Siesta Key
Listing AOR
Sarasota - Manatee
Status changed
2025-11-05
Tax legal description
UNIT 53 THE TERRACE

Flood risk

High riskFEMA Zone AE

FEMA Special Flood Hazard Area (1% annual-chance / “100-year” floodplain). Flood insurance is generally required by mortgage lenders.

Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.

Location

Directions

From the South Bridge: US 41 - take Stickney Point Road over the bridge, turn right onto Midnight Pass Road until it turns into Beach Road. As you enter Siesta Village, the road makes a hard right - stay left onto Beach Road, turn left into the driveway. From the North Bridge: Siesta Drive to Higel to right on Ocean Blvd - through Siesta Village to hard right on Beach Rd - condo building is the high-rise on the corner of Beach Rd and Ocean - Please park in designated guest parking on either side in the back of the building on the beach side.

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MLS GRID

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 April 23, 2026 at 1:22 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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