5400 Ocean Boulevard #15 1-4, Sarasota, FL 34242
Local realty services provided by:Better Homes and Gardens Real Estate Atchley Properties
Listed by: mickey kiernan
Office: michael saunders & company
MLS#:A4698001
Source:MFRMLS
Price summary
- Price:$4,000,000
- Price per sq. ft.:$3,139.72
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....
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Home facts
- Year built:1969
- Subdivision & Development:TERRACE
- Listing ID #:A4698001
- Added:109 day(s) ago
- Updated:November 09, 2026 at 04:39 PM
Rooms and interior
- Bedrooms:2
- Total bathrooms:3
- Full bathrooms:2
- Half bathrooms:1
- Flooring:Tile
- Kitchen Description:Bar Fridge, Built-In Oven, Cooktop, Dishwasher, Freezer, Kitchen/Family Room Combo, Range Hood, Refrigerator, Solid Surface Counters, Wet Bar, Wine Refrigerator
- Bedroom Description:Walk-In Closet(s)
- Living area:2,374 sq. ft.
Heating and cooling
- Cooling:Central Air, Zoned
- Heating:Electric
- Central air:Yes
Structure and exterior
- Roof:Membrane
- Year built:1969
- Building area:2,374 sq. ft.
- Architectural Style:Contemporary, Mid-Century Modern
- Construction Materials:Concrete
- Exterior Features:Balcony
- Foundation Description:Slab
- Levels:1 Story
Schools
- High school:Sarasota High
- Middle school:Brookside Middle
- Elementary school:Phillippi Shores Elementary
Utilities
- Water:Public, Water Connected
- Sewer:Public Sewer
Finances and disclosures
- Price:$4,000,000
- Price per sq. ft.:$3,139.72
- Tax amount:$30,871 (2025)
Features and amenities
- Appliances:Bar Fridge, Built-in Oven, Cooktop, Dishwasher, Dryer, Freezer, Range Hood, Refrigerator, Tankless Water Heater, Washer, Wine Refrigerator
- Laundry features:Dryer, In Common Area, Washer
- Amenities:Built-In Features, Fitness Center, Gated, Kitchen/Family Room Combo, Lobby Key Required, Maintenance, Pool, Solid Surface Counters, Storage, Thermostat, Walk-In Closet(s), Wet Bar, Window Treatments
- Pool features:Pool, Public Pool
Parking
- Parking description:2 Car Carport, Assigned, Covered
- Carport spaces:2
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