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Under contractPrice improved $55,000306 days on market
$1,295,000$1,350,000

5400 OCEAN BLVD #5-3SARASOTA, FL 34242TERRACE · Condominium

1Beds
2Baths
928Sq ft
2.08 acLot
1970Built
YesWaterfront

About this home

Under contract-accepting backup offers. New price! Experience the ultimate in Siesta Key beachfront living. Directly on world-renowned Siesta Beach, rated #1 in the U.S. and #4 worldwide by TripAdvisor, this stunning fifth-floor corner residence captures the essence of luxury coastal living. Recently renovated to perfection, this one-bedroom, 1.5-bath condominium offers a rare combination of modern sophistication, coastal elegance and sweeping Gulf views. Designed by the acclaimed architect Frank Folsom Smith, the iconic Beach Terrace building is an architectural gem. This residence is a stand…

Description as provided by the listing brokerage.

Highlights

  • Water frontage — Beach Front
  • Balcony
  • Hurricane Shutters
  • Lighting
  • Outdoor Shower
  • Built-in Features
  • Eat-in Kitchen
  • Elevator
  • Kitchen/Family Room Combo

Open houses

No open houses scheduled.

Can't make it? Request a private showing.

The details

StatusUnder contract
MLS #MFRA4669686
Property typeCondominium
Year built1970
Lot size2.08 ac
Living area928 sq ft
Price per sq ft$1395
Baths2 + 1 half
HOA$4,796 / quarterly
CDDNo
Taxes$10,150 (2025)
Stories17
Days on market306
CountySarasota
Flood zoneAE (verify)
FurnishedPartially
ListedOct 25, 2025

Features & property details

Interior

Full baths1
Half baths1
Rooms9
FlooringLuxury Vinyl
AppliancesBar Fridge, Built-In Oven, Cooktop, Dishwasher, Electric Water Heater, Microwave, Refrigerator
Interior featuresBuilt-in Features, Eat-in Kitchen, Elevator, Kitchen/Family Room Combo, Open Floorplan, Primary Bedroom Main Floor, Stone Counters, Thermostat
LaundryCommon Area
FireplaceNo
WindowsStorm Window(s)
CoolingCentral Air
HeatingCentral, Electric
In-law suite0

Exterior & lot

Exterior featuresBalcony, Hurricane Shutters, Lighting, Outdoor Shower
Patio & porchCovered, Rear Porch, Side Porch
ViewCity, Pool, Water, Gulf/Ocean - Full
Lot featuresIn County, Paved
FacesSoutheast
Road surfaceAsphalt, Paved

Construction

StyleContemporary
ConstructionConcrete
FoundationPillar/Post/Pier
RoofConcrete
Living area sourcePublic Records
Building area (sq ft)1,284

Parking

GarageNo
CarportYes
Carport spaces1
Parking featuresDeeded, Guest

Pool & water

PoolGunite, Heated, In Ground, Outside Bath Access, Salt Water
WaterfrontBeach Front
Water bodyTHE GULF
Water accessBeach,Beach - Access Deeded
Water viewGulf/Ocean - Full
Waterfront feet414

Community & HOA

AssociationRon Brann
HOA fee$4,795.76
HOA frequencyQuarterly
Fee includesCommon Area Taxes, Pool, Escrow Reserves Fund, Fidelity Bond, Insurance, Maintenance Structure, Maintenance Grounds, Management, Pest Control, Private Road, Recreational Facilities, Security, Sewer, Trash, Water
AmenitiesClubhouse, Elevators, Fitness Center, Gated, Laundry, Lobby Key Required, Maintenance, Pool, Security
Fee requirementRequired
Approval required1
Total monthly fees$1,598.59
Total annual fees$19,183.04
Monthly condo fee$0
Condo fees$0
Condo fee termQuarterly
Community featuresBuyer Approval Required, Clubhouse, Community Mailbox, Deed Restrictions, Fitness Center, Gated Community - No Guard, Pool, Street Lights
55+ communityNo
PetsNumber Limit
Pet restrictionsRefer to condo docs for pet restrictions.
Pet sizeVery Small (Under 15 Lbs.)
Number of pets1
Minimum lease2 Months
Lease restrictions1
Lease notesRefer to condo docs for lease restrictions.
Complex / communityBEACH TERRACE
SW communityTerrace

Building

BuildingBEACH TERRACE
Unit5-3
Floor5
Elevator1

Utilities & efficiency

UtilitiesBB/HS Internet Available, Cable Connected, Electricity Connected, Sewer Connected, Water Connected
SewerPublic Sewer
Water sourcePublic

Financial & terms

CDD0
Tax year2,025
Homestead0
Listing termsCash, Conventional
OwnershipCondominium
Special conditionsNone
ZoningRMF3
OccupantOwner
MLS area34242 - Sarasota/Crescent Beach/Siesta Key

Where it sits

Approximate location shown. Exact address available on request per listing brokerage.

Schools

ElementaryPhillippi Shores ElementarySarasota County
MiddleMcIntosh MiddleSarasota County
HighSarasota HighSarasota County

School assignments change; verify with the district before relying on them.

Where you'd be
TERRACE, Florida

SARASOTA · Sarasota County

MLS# MFRA4669686Listing courtesy of PREMIER SOTHEBY'S INTERNATIONAL REALTYLast updated Sep 8, 2026, 4:00 PM
$1,295,0005400 OCEAN BLVD #5-3 · SARASOTA
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