$1,559,000
Active5400 Ocean Blvd #17-04, Sarasota, FL 34242
2 beds · 2 baths · 1,187 sq ft
Listing courtesy of MICHAEL SAUNDERS & COMPANY · MLS# A4698764
90 days on market
Refreshed from the Stellar MLS feed . This listing’s MLS record last changed .
About this home
What’s special
- Frank Folsom Smith design
- Poured concrete construction
- Beachfront location
- Sliding glass doors
- Rooftop saltwater pool
- Geothermal HVAC system
- Penthouse with deck access
AI-selected highlights from the listing description below.
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
- Property type
- Condominium
- Year built
- 1970
- Living area
- 1,187 sqft
- Waterfront
- Yes · 414 ft
- Water access
- Beach, Beach - Access Deeded, Gulf/Ocean
- Water view
- Yes
- Private pool
- No
- Exposure
- Southwest
- Furnished
- Turnkey
- Flood zone
- VE
- CDD
- No
- 55+ community
- No
- Annual taxes
- $13,856/yr
- Monthly fees
- $2,413/mo
- Listed
- 2026-07-02
- MLS #
- A4698764
Virtual tour
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Estimate the monthly payment
Estimate by Lasbury Tracy Realty — not a loan offerStarting figures for 5400 OCEAN BLVD #17-04. Everything below is editable.
AssumptionNot a quoted rate. Ask a lender what you actually qualify for today.
From this listingThe seller's most recent annual tax bill as reported to the MLS. Your bill will differ — Florida reassesses on sale and homestead caps reset.
Editable estimateA placeholder, not a quote. On the Gulf Coast this is the line item most likely to be wrong: premiums swing on roof age, wind mitigation, elevation, and carrier appetite. Get a real quote before you rely on this number.
Starts at $0Deliberately zero until you enter a figure — we will not inflate a payment with a guess. Many homes here need it; ask us for the property's flood zone and the current policy's premium.
From this listingMonthly association fee as reported to the MLS. Confirm what it includes, and ask about special assessments.
AssumptionNot applied — your down payment is 20% or more.
Estimated total monthly payment
$12,750
$7,883 of that is principal & interest. 38% is taxes, insurance and fees — which is why those inputs matter more here than the rate does.
- Principal & interest
- $7,883
- Property taxes
- $1,155
- Homeowners insurance
- $1,299
- Flood insurance
- $0
- HOA / condo fees
- $2,413
- Mortgage insurance (PMI)
- $0
- Total per month
- $12,750
Over the life of the loan
- Loan amount
- $1,247,200
- Down payment
- $311,800
- Total interest
- $1,590,735
- Principal + interest paid
- $2,837,935
- Paid off in
- 2056
Interest is the exact schedule total for a fixed-rate loan held to term and assumes no extra payments. Taxes, insurance and fees are not included in these lifetime figures because they change every year.
Calculated on this page from the figures above — nothing is sent anywhere and no lender is quoting you. Figures are estimates for planning only, not a pre-approval, commitment to lend, or a statement of the taxes and insurance you will actually be charged. Lasbury Tracy Realty Inc. is a real estate brokerage, not a lender or an insurance agent.
Take a tour
Pick a day that suits you — a licensed Lasbury Tracy agent confirms personally, usually within minutes. No account needed.
5400 Ocean Blvd #17-04, Sarasota, FL 34242
Listing courtesy of MICHAEL SAUNDERS & COMPANY · MLS# A4698764 · Active
Where this home is
Opens on aerial — on this coast the canal, the lot and the neighbours answer more questions than a street grid does.
