
$1,295,000
5400 Ocean Boulevard
Sarasota, FL 34242
Listing updated: April 23, 2026 at 1:22 PM ET
Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
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
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
- Status: ActiveNov 5, 2025
- Listed$1,350,000Nov 5, 2025
- 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
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 |
|---|---|---|
| Great Room | First | 23x16 |
| Kitchen | First | 23x10 |
| Primary Bedroom | First | 12x10 |
| Bathroom 1 | First | 11x7 |
| Bathroom 2 | First | 5x4 |
| Balcony/Porch/Lanai | First | 23x5 |
| Balcony/Porch/Lanai | First | 23x3 |
| Balcony/Porch/Lanai | First | 11x2 |
| Foyer | First | 9x4 |
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
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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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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