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5400 Ocean Boulevard Unit 8-5

SARASOTA, FL 34242

– beds
1 bath
522 sqft
~2 acre lot
$1,434 per sqft
1970 build
– on site

The Terrace is renowned as one of Siesta Key's most iconic addresses, famed for its exquisite beauty and coveted location. Residents are treated to a wealth of amenities, including an elevated heated saltwater pool, a fitness center, a welcoming community room, and more, all mere steps from one of the most amazing expanses of beach. The Terrace truly offers a gateway to the world-renowned white sands and turquoise waters of the Gulf of Mexico. Facing Siesta Key Village, the building's front provides convenient access to a variety of restaurants, shops, and vibrant beachfront nightlife. This residence features a luxurious studio-style floor plan spanning 522 square feet, with an efficient layout including a Murphy bed, which maximizes the stunning southern views of Siesta Key Beach and the Gulf of Mexico from its eighth-floor vantage point. The interior is thoughtfully designed to be light, bright, and peaceful, creating a serene oasis by the sea, and is being sold turnkey except for some personal items. In addition to its stunning surroundings, The Terrace also offers on-site management and covered parking. This residence truly embodies the essence of beach-front living on Siesta Key.

Listing courtesy of STELLAR_MLS / PREMIER SOTHEBYS INTL REALTY

Last checked: Checking… • Last updated Apr 26, 2024 •

MLS# A4602592 —

The Building

Year Built:

1970
New Construction:

false
Construction Materials:

Concrete
Building Area Total:

568
Levels:

One
Stories Total:

17
Unit Number:

8-5
Floor Number:

8
Building Elevator:

true
Roof:

Concrete
Foundation Details:

Stilt/On Piling
Window Features:

Window Treatments
Patio And Porch Features:

Covered
Security Features:

Gated Community

Interior

Furnished:

Turnkey
Interior Features:

Built in Features
Flooring:

Carpet
Fireplace:

false

Room Dimensions

Living Area:

522
Living Area Units:

Square Feet
Living Area Source:

Public Records

Location

Directions:

From Siesta Drive, head west over the north bridge onto Siesta Key. Follow Higel to Ocean Blvd. Turn right onto Ocean Blvd and an immediate left to the property.
Latitude:

27.272832
Longitude:

-82.564977
Coordinates:

-82.564977, 27.272832

The Property

Parcel Number:

0080251037
Property Type:

Residential
Property Subtype:

Condominium
Lot Features:

Flood Insurance Required
Lot Size Acres:

2.08
Lot Size SqFt:

90789
Lot Size Area:

2.0842
Lot Size Units:

Acres
Zoning:

RMF3
View:

Water
Direction Faces:

East
Exterior Features:

Balcony
Water Source:

Public
Total Acres:

2 to less than 5
Road Surface Type:

Paved
Road Frontage Type:

Street Paved
Flood Zone Code:

VE
Homestead:

false
Lease Restrictions:

true

Listing Agent

Contact info:

Taxes

Tax Year:

2023
Tax Lot:

85
Tax Book Number:

3-46
Tax Annual Amount:

6094.05
Tax Legal Description:

UNIT 85 THE TERRACE

Baths

Total Baths:

1
Total Baths:

1
Full Baths:

1

The Listing

Virtual Tour URL Unbranded:

https://www.propertypanorama.com/instaview/stellar/A4602592
Special Listing Conditions:

None
Buyer's Brokerage Compensation:

3%

Heating & Cooling

Heating:

Central
Heating:

true
Cooling:

Central Air
Cooling:

true

Utilities

Utilities:

Cable Available
Sewer:

Public Sewer

Appliances

Appliances:

Cooktop
Laundry Features:

Common Area

Schools

Elementary School:

Phillippi Shores Elementary
Middle Or Junior School:

Brookside Middle
High School:

Sarasota High

The Community

Subdivision Name:

TERRACE
Senior Community:

false
Community Features:

Gulf/Ocean Front
Water View:

Gulf/Ocean - Full
Water View:

true
Water Access:

Beach
Water Access:

true
Waterfront:

true
Waterfront Features:

Gulf/Ocean Front
Pool Private:

false
Pets Allowed:

Number Limit
Pet Restrictions:

See Condo Docs
# of Pets:

2
Max Pet Weight:

20
Association Amenities:

Elevator(s)
Association:

false
Association Fee Includes:

Cable TV
Condo Fees:

4825
Condo Fees Term:

Quarterly
Monthly Condo Fee Amount:

1608
Ownership:

Condominium
Association Approval Required:

true
Waterfront Feet Total:

414

Parking

Garage:

false
Carport:

true
Carport Spaces:

1
Covered Spaces:

1

Monthly cost estimate

Asking price

$749,000

Expense	Monthly cost
Mortgage	$4,010
Taxes	$507
Insurance	$205
Utilities	$93 See report
Total	$4,815/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Air Pollution Index

Provided by ClearlyEnergy

Sale history

Date	Event	Source	Price	% Change
3/12/24 Mar 12, 2024	Listed / Active	STELLAR_MLS	$749,000
4/21/23 Apr 21, 2023	Listed / Active	STELLAR_MLS

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This condo located in Sarasota Beach, Siesta Key, FL 34242 is currently for sale for $749,000. 5400 Ocean Boulevard Unit 8-5 is a 522 square foot condo with – beds and 1 bath that has been on Estately for 54 days. 5400 Ocean Boulevard Unit 8-5 is in the Sarasota Beach neighborhood of Siesta Key and has a WalkScore® of 58, making it somewhat walkable. This condo is in the attendance area of Phillippi Shores Elementary School, Riverview High School, and Brookside Middle School.

Listing Courtesy of: STELLAR_MLS and PREMIER SOTHEBYS INTL REALTY.

Based on information from the My Florida Regional MLS DBA Stellar MLS 2024.

All information provided is deemed reliable but is not guaranteed and should be independently verified. Stellar MLS, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing 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. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. Stellar MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. For any questions please call (407) 499-8911.

The offer of compensation listed above is made to, and can only be accepted by, participants of the multiple listing service in which this listing is filed.