IDX

Listed by Carol Thomas · Courtesy of MICHAEL SAUNDERS & COMPANY · Agent MLS ID# MFR281501010 · Deemed reliable but not guaranteed. · Listing updated: Aug 23, 2026 · 4:06 PM

5400 OCEAN BLVD #17-04

Sarasota, Sarasota, FL, 34242

Active

$1,559,000

$1313/sqft

2Beds
2Baths
1,187Sq Ft
1970Built
51Days on Market

About this home

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. The elevators have been replaced, the lobby has been redone, and is a waterfront masterpiece. Only the 4 penthouse units have use of the rooftop with decks. Come see for yourself why this stunning property is so very special.

Facts & Features

MFRA4698764
$1,559,000
Active
2
2
2
0
1,187 sqft
N/A
1970
Residential
Condominium
N/A

Community Information

5400 OCEAN BLVD #17-04
Terrace
Sarasota
Sarasota
FL
34242
No

Amenities

Clubhouse, Pool, Gated, Maintenance, Storage, Laundry, Elevators
N/A
No
Yes
No

Interior

High Ceilings, Split Bedroom, Walk-In Closet(s), Kitchen/Family Room Combo, Stone Counters, Solid Surface Counters
Central
Central Air
Tile, Ceramic Tile, Hardwood
N/A
17
Dishwasher, Disposal, Ice Maker, Microwave, Refrigerator, Range

Exterior

Sliding Doors, Storage, Balcony, Hurricane Shutters
Concrete, ICFs (Insulated Concrete Forms)
Concrete Perimeter
Other
N/A
N/A

School Information

Southside Elementary
Brookside Middle
Sarasota High

Additional Information

July 2, 2026
51
RMF3
Southwest
No

Mortgage Calculator

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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: Aug 23, 2026 · 4:06 PM

Listed by: Carol Thomas · 941-349-3444—MICHAEL SAUNDERS & COMPANY · 941-349-3444

Updated from Real Estate Market Data

Location

Ahmed ElbatrawyAhmed ElbatrawyEmpire Network Realty

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