IDX

Listed by Mickey Kiernan · Courtesy of MICHAEL SAUNDERS & COMPANY· Agent MLS ID# MFR606521941 · Deemed reliable but not guaranteed. · Data last updated: Sep 12, 2026 · 4:35 PM

5400 OCEAN BLVD #15 1-4

Sarasota, Sarasota, FL, 34242

Active

$4,000,000

$1685/sqft

2Beds
3Baths
2,374Sq Ft
1969Built
51Days on Market

About this home

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.

Facts & Features

MFRA4698001
$4,000,000
Active
2
3
2
1
2,374 sqft
N/A
1969
Residential
Condominium
Contemporary, Mid-Century Modern

Community Information

5400 OCEAN BLVD #15 1-4
Terrace
Sarasota
Sarasota
FL
34242
No

Amenities

Pool, Fitness Center, Gated, Maintenance, Lobby Key Required, Storage, Elevators
N/A
No
Yes
No

Interior

Walk-In Closet(s), Kitchen/Family Room Combo, Thermostat, Window Treatments, Solid Surface Counters, Built-in Features, Wet Bar
Electric
Central Air, Zoned
Tile
N/A
1
Built-In Oven, Cooktop, Dishwasher, Dryer, Refrigerator, Washer, Freezer, Range Hood, Bar Fridge, Wine Refrigerator, Tankless Water Heater

Exterior

Balcony
Concrete
Slab
Membrane
N/A
N/A

School Information

Phillippi Shores Elementary
Brookside Middle
Sarasota High

Additional Information

July 23, 2026
51
CONDO
Southwest
No

Mortgage Calculator

This calculator provides estimates for informational purposes only and is not a loan offer, pre-approval, or commitment to lend. Actual rates, payments, and loan terms vary by lender and are subject to credit approval, income/asset verification, and market conditions. Property tax and homeowners insurance shown are estimates and may differ. PMI applies when the down payment is under 20%. For an official Loan Estimate, contact a licensed mortgage lender. MICHAEL SAUNDERS & COMPANY is a licensed real estate brokerage, not a mortgage lender. Equal Housing Opportunity.

51 days on market

Listing updated: Sep 12, 2026 · 4:35 PM

Listed by: Mickey Kiernan · 941-402-9115MICHAEL SAUNDERS & COMPANY · 941-349-3444

Updated from Real Estate Market Data

Location

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brokerage

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