5400 Ocean Blvd #17-04, photo 1
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Overview

2 bd2 ba1,187 sqftCondominium
TypeCondominium
Condo dues$2,413/mo
Built1970
Living area1,187 sqft
Price / sqft$1,313

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Pricing, comps, HOA, the neighborhood. Answers before you fill out anything.

About this home

High CeilingsKitchen/Family Room ComboSolid Surface CountersSplit BedroomStone CountersWalk-in Closet(s)BalconyHurricane Shutters

5400 Ocean Blvd #17-04 is a 1970-built home in Terrace, Sarasota. Inside you'll find 2 bedrooms, 2 bathrooms, and 1,187 square feet of living space. Listed at $1,559,000 (about $1,313/sqft), 107 days on market. Flood zone VE - confirm flood insurance requirements with your lender. Condo dues run $2,413 monthly.

From the listing

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.

The essentials

Built
1970
Price / sqft
$1,313
On market
107 days
Annual tax
$13,856
Condo dues
$2,413/mo
Flood zone
VE
Type
Condominium

At a glance

High-rise condo
17 stories · 1970
Waterfront
Gulf/Ocean
Community pool
Shared amenity
Private balcony
Outdoor space
1,187 sqft
Living area

Payment

Est. monthly payment
$12,478/mo
Down payment (20%)
$311,800
Property taxes
$1,155/mo
Condo dues
$2,413/mo
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Condominium
Year Built
1970
Lot
-
Cooling
Central Air
Heating
Central
Parking
-
Waterfront
Gulf/Ocean
Days on Market
107
High Ceilings
Kitchen/Family Room Combo
Solid Surface Counters
Split Bedroom
Stone Counters
Walk-in Closet(s)
Balcony
Hurricane Shutters
Sliding Doors
Storage
Clubhouse
Community Mailbox
Deed Restrictions
Gated Community - No Guard
Pool
Dishwasher
Disposal
Ice Maker
Microwave
Range
Refrigerator
Elementary
Southside Elementary
Middle
Brookside Middle
High
Sarasota High

Districts can re-zone, so verify directly with the district before relying on these.

Flood Zone VE
Annual Tax (2024)
$13,856
Parcel #
0080251070

Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.

Subdivision
Terrace
County
Sarasota
MLS Area
34242 - Sarasota/Crescent Beach/Siesta Key
Condo dues
$2,413/mo
Maria Mitchell

Price history

Date
Event
Price
7/2/2026
Listed for sale
Source: Stellar MLS #A4698764
$1,559,000
$1,313/sqft

Neighborhood

5400 Ocean Blvd #17-04
Sarasota, FL, 34242 · 34242 - Sarasota/Crescent Beach/Siesta Key

Market insights

Offer Insights

Choose an offer strength

List price: $1,559,000
$1.49M – $1.56M
95.9% – 100% of listTops out right at the list price
80% of listList price
54 of the last 107 condo closings in 34242 landed at this number or higher (50%). The median one sat 119 days before it went under contract, and this one is on day 107.

Sample: 107 closed condo sales in 34242 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

Talk through an offer with our team

Calculator

Est. monthly payment
$12,478/mo
Principal & interest$8,131
Property taxes$1,155
Insurance$780
HOA$2,413
Down payment20% · $311,800
Interest rate6.80%
Loan term

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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. HOA includes any condo dues reported on the listing. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.

Quick answers.

Price

$1,559,000

$1,313 per sq ft

Beds and baths

2 beds, 2 baths

Size

1,187 sq ft

Time on market

107 days

Year built

1970

Monthly payment

About $12,478/mo

That is 20% down on a 30-year fixed at 6.8%, plus the home's $13,856 annual tax bill, insurance, and $2,413/mo in condo dues.

Condo dues

$2,413/mo

Managed by Maria Mitchell.

Flood zone

Zone VE

That is a high-risk designation, so a lender will normally require flood insurance. Confirm the current rate before you write an offer.

Offer

What should I offer?

Have another question?

Brokered byMICHAEL SAUNDERS & COMPANYListing agent: Carol ThomasListing data from Stellar MLS, MLS# A4698764.

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