5400 OCEAN, SARASOTA, FL 34242

$1,649,000

Beds: 2

Baths: 2 Full

Sq. Ft.: 1,187 Sq. Ft.

Year Built: 1970

Lot Size: N/A

Garage: N/A

Pool: No

DOM: 87

Property Overview

Status: Active

Property Type: Residential

MLS #: bbbca04253bbe6d3f3324da4dbb0b64d

Subdivision: TERRACE

County: Sarasota

HOA Fee: N/A

Year Built: 1970

Construction: Concrete, ICFs (Insulated Concrete Forms)

Foundation: Concrete Perimeter

Roof: Other

Cooling: Central Air

Heating: Central

Sewer: Public Sewer

Water Source: Public

Zoning: RMF3

Tax Amount: $13,855.60 (2024)

Listed On: Oct 1, 2025

Description

The iconic Terrace building is a masterpiece designed by renowned architect Frank Folsom Smith. This modernist building, built of poured concrete exudes strength and durability. Situated directly on Siesta Key Beach, and built with walls of sliding glass doors in every room to take advantage of the diverse, magnificent views in all directions. This is the penthouse being offered turnkey furnished. Fantastic views in all directions. It's perfect location on the island within walking distance to Siesta Key Village, and all its offerings. The rooftop saltwater pool is a beautiful addition that provides privacy and lovely beach views. Take a cocktail out to watch the sunset over the water! The building itself has undergone significant upgrades, making it a prestigious address on Siesta Key. Complete replacement of cast-iron pipes, geothermal well driven HVAC system keeps cost low, new generator for entire building, monitored water sensors in all units, installation of new gates at the front entrance with a new elevator and lobby. Come see for yourself why this stunning property is so very special.

Exterior Features

Balcony, Hurricane Shutters, Sliding Doors, Storage

Directions

From the south bridge, right on Midnight Pass Rd; turns into Beach Rd. The Terrace is the high rise on your left just before Village.

School Information

Elementary: Southside Elementary

Middle: Brookside Middle

High: Sarasota High

Location

Get Directions View on Google Maps

Mortgage Estimator

*Estimate includes Principal & Interest (P&I) only. It does not include taxes, insurance, HOA fees, or PMI. Rates and payments may vary. Consult a lender for accurate figures.

Listing Information

Provided Courtesy of:

MICHAEL SAUNDERS & COMPANY

Listing Agent: Carol Thomas

Information is deemed reliable but not guaranteed. Information provided is 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.

Data last updated: February 16, 2026, 4:54 am UTC

MLS Source: Stellar MLS Copyright © 2026

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