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5400 Ocean Boulevard Unit 10-2

SARASOTA, FL 34242

1 bed
1 bath
936 sqft
~2 acre lot
$1,049 per sqft
1970 build
– on site

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Just Reduced 100K!!! This is it! Once in a lifetime opportunity at the iconic Terrace on Siesta Key! Designed by the renowned Frank Folsom Smith, the Terrace offers some of the most unparalleled views of Siesta Key. The coveted SOUTH FACING location of this 10th floor unit with floor to ceiling glass on both sides, presents the most spectacular views but with the desired privacy and solitude. Yet you are just a stroll into Siesta Village with all of the Dining, shops and entertainment that it is known for. Uniquely featuring THREE balconies, two of which face directly south! Open up the sliders and add another 236 sq. feet of space to entertain! This lovely condominium has been updated with high end finishes and custom built ins. The Master bedroom is large and roomy featuring 2 queen beds and custom cabinetry for loads of extra storage. In addition the custom built-ins in the living room hold another bed, allowing for 6 to sleep comfortably in this home. Open living with views from every room and three balconies to enjoy the sparkling Gulf and breezes. A remodeled bath allows for access from both the hall and the bedroom. Beautifully and comfortably furnished, just walk in, relax and enjoy owning this incredible home! The Terrace also has one of the most enviable pools on Siesta Key. Located on the second level, with access directly from the building, this large, heated saltwater pool overlooks the crystal sands of the beach and azure blue water of the Gulf of Mexico. Rounding out the amenities, there is a spacious, beautiful, secure lobby. Recently renovated, there is plenty of seating, tables and a fitness center, all looking out over the beach. There is also a sun deck just off the lobby (including a beach shower) which is the perfect setting for happy hour! Quality updates and renovations have resulted in this building using energy efficient processes including a Geothermal heating and cooling system. This technology uses energy from water deep in the earth to warm and cool the air. Because of this system, the unit's average heating and cooling bill is around $55.00! The building has also been replumbed and offers a central security system connected to all units. The updated security system also has sensors connected to the plumbing which alert staff if a leak occurs. Rest secure in the knowledge that hurricane shutters are also included for this property. Units on this coveted corner of the building rarely become available so schedule your showing today! Please note: Owner excluding certain pieces of artwork. Will provide list upon request.

Listing courtesy of STELLAR_MLS / WATERSIDE REALTY LLC

Last checked: Checking… • Last updated Feb 12, 2025 •

MLS# A4496046 —

The Building

Year Built:

1970
New Construction:

false
Architectural Style:

Contemporary
Construction Materials:

Concrete
Building Elevator:

true
Levels:

One
Stories Total:

1
Common Walls:

Corner Unit
Roof:

Other
Foundation Details:

Slab
Patio And Porch Features:

Covered
Floor Number:

10
Unit Number:

10-2
Building Area Units:

Square Feet

Interior

Interior Features:

Ceiling Fan(s)
Flooring:

Tile
Fireplace:

false

Room Dimensions

Living Area:

936
Living Area Units:

Square Feet
Living Area Source:

Public Records

Location

Directions:

BEE RIDGE ROAD TO SIESTA DRIVE, WHICH BECOMES HIGEL ON SIESTA KEY. RIGHT ON OCEAN BLVD, THROUGH VILLAGE. THE TERRACE IS LOCATED AT THE CORNER OF OCEAN BLVD AND BEACH ROAD.
Latitude:

27.272831
Longitude:

-82.564976
Coordinates:

-82.564976, 27.272831

The Property

Parcel Number:

0080251044
Property Type:

Residential
Property Subtype:

Condominium
Property Condition:

Completed
Lot Features:

In County
Lot Size Acres:

2.08
Lot Size Area:

2.0806
Lot Size SqFt:

90633
Lot Size Units:

Acres
Total Acres:

2 to less than 5
Zoning:

RMF3
Direction Faces:

West
View:

Water
View:

true
Exterior Features:

Balcony
Water Source:

Public
Road Surface Type:

Asphalt
Flood Zone Code:

VE
Additional Parcels:

false
Homestead:

false
Lease Restrictions:

true

Listing Agent

Contact info:

Taxes

Tax Year:

2020
Tax Lot:

102
Tax Legal Description:

UNIT 102 THE TERRACE
Tax Book Number:

3-46
Tax Annual Amount:

$10,780.84

Beds

Bedrooms Total:

1

Baths

Total Baths:

1
Total Baths:

1
Full Baths:

1

The Listing

Special Listing Conditions:

None

Heating & Cooling

Heating:

Central
Heating:

true
Cooling:

Central Air
Cooling:

true

Utilities

Utilities:

BB/HS Internet Available
Sewer:

Public Sewer

Appliances

Appliances:

Dishwasher
Laundry Features:

Corridor Access

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:

Water Access
Waterview:

Beach
Waterview:

true
Water Access:

Beach
Water Access:

true
Water Body Name:

Gulf Of Mexico
Waterfront:

true
Waterfront Features:

Waterfront
Spa:

false
Pool Private:

false
Pool Features:

Deck
Pets Allowed:

Breed Restrictions
Pet Restrictions:

1 small dog under 15 lbs
# of Pets:

1
Association Amenities:

Lobby Key Required
Association:

true
Association Fee Frequency:

Quarterly
Association Fee Includes:

Cable TV
Association Fee Requirement:

Required
Condo Fees:

3331
Condo Fees Term:

Quarterly
Monthly Condo Fee Amount:

1110
Ownership:

Condominium
Association Approval Required:

true
Waterfront Feet Total:

2070

Parking

Garage:

false
Attached Garage:

false
Carport:

true
Carport Spaces:

1
Covered Spaces:

1
Parking Features:

Assigned

Explore the Area

My Commute

From

Soundscore™

Provided by HowLoud

Air Pollution Index

Provided by ClearlyEnergy

Max Internet Speed

XFINITY from Comcast

Provided by BroadbandNow®

View a full report

Utility Costs

$107/mo.

Estimate provided by ClearlyEnergy

View a full report

Sale history

Date	Event	Source	Price	% Change
2/12/25 Feb 12, 2025	Listed / Active	STELLAR_MLS
6/4/21 Jun 4, 2021	Sold	STELLAR_MLS	$982,500

Condo Sold on 6/4/2021

$982,500

Listing provided by broker:

Kim Sheridan

WATERSIDE REALTY LLC

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Listing Courtesy of: STELLAR_MLS and WATERSIDE REALTY LLC.

Based on information from the My Florida Regional MLS DBA Stellar MLS 2025.

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.

5400 Ocean Boulevard Unit 10-2

SARASOTA, FL 34242