Closed
$1,750,000
Sold For
2
Bedrooms
2
Total Baths

5400 Ocean Boulevard  14-4

Sarasota, Florida FL34242-3362

Under contract-accepting backup offers. The Iconic Terrace building is a masterpiece designed by renowned architect Frank Folsom Smith. The building is a fortress-like structure that exudes strength and durability. Situated directly on Siesta Key beach, the location is ideal within walking distance to Siesta Key Village and all its offerings. This particular unit has been meticulously renovated with top-of-the-line materials and appliances. The renovation includes new hurricane impact sliders, a tankless hot water heater, and a new HVAC unit. This unit has been featured on the cover of SRQ magazine for its quality and luxury. This 14th floor unit is fully furnished and offers stunning views of the night lights, downtown skyline, and the beach. 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 costs low, new generator for entire building, monitored water sensors in units, installation of new gates at front entrances. Come see for yourself why this property is so special.

About This Property

Listing IDA4563819
Sold For$1,750,000$400K
StatusClosed
Sold Date8/24/2023
Bedrooms2
Total Baths2
Full Baths2
SqFt 1,187
CountySarasota
SubdivisionTerrace
Year Built1970
Property TypeResidential
Property Sub TypeCondominium
County Sarasota
Property Sub Type Condominium
Property Type Residential
Subdivision Terrace
Year Built 1970
Zoning RMF3
Appliances Built-In Oven, Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Refrigerator
Building Area Units Square Feet
Building Elevator yes
Cooling Type Central Air
Fireplace no
Floor Number 14
Flooring Tile
Furnished Turnkey
Heating Type Heat Pump
Interior Features Open Floorplan, Split Bedroom
Laundry Features Corridor Access
Levels One
Living Area Meters 110.28
Living Area Source Public Records
Living Area Units Square Feet
Pet Size Small (16-35 Lbs.)
Room Count 3
Stories Total 16
Carport yes
Carport Spaces 1
Construction Materials Block
Exterior Features Balcony, Sliding Doors, Storage
Flood Zone Code VE
Foundation Details Slab
Garage no
New Construction no
Parking Features Assigned, Covered, Guest
Pool Features In Ground
Pool Private no
Road Surface Type Concrete
Roof Shingle
Sewer Public Sewer
Total Acreage Non-Applicable
Utilities Cable Available, Electricity Connected, Public, Water Connected
Water Access yes
Water Access Type Beach
Water Body Name GULF OF MEXICO
Water Extras no
Water Frontage Feet Gulf Ocean 450
Water Source Public
Water View Type Gulf/Ocean - Partial
Water View yes
Window Features Impact Glass/Storm Windows, Window Treatments
Association yes
Association Amenities Maintenance, Pool, Security, Storage, Vehicle Restrictions
Association Approval Required yes
Association Name Sherry
Building Area Source Public Records
Building Area Total 1506
Building Name Number 5400
Community Features Association Recreation - Owned, Buyer Approval Required, Community Mailbox, Fitness Center, Pool, Waterfront
Country US
Direction Faces West
Elementary School Phillippi Shores Elementary
High School Sarasota High
Middle Or Junior School Brookside Middle
MLS Area Major 34242 - Sarasota/Crescent Beach/Siesta Key
Senior Community no
SW Subdivision Community Name Terrace
Township 37S
Waterfront yes
Waterfront Features Gulf/Ocean
Waterfront Feet Total 450
Approval Process See Association
Community Development District no
Contract Status Inspections
Days To Closed 164
Existing Lease Tenant no
Homestead no
Max Pet Weight 20
Mls Status Sold
Times Per Year 5
Number Of Pets 2
Pets Allowed Yes
Property Description Corner Unit, End Unit, High Rise
Public Survey Range 17E
Public Survey Section 11
SW Subdivision Condo Number 7095
Additional Lease Restrictions See Association
Association Fee Includes Cable TV, Pool, Insurance, Maintenance Structure, Maintenance, Management, Pest Control, Pool, Private Road, Security, Trash
Association Fee Requirement None
Available For Lease yes
Condo Fees 3803
Condo Fees Term Quarterly
Condo Land Included no
Current Price 1750000.00
Disclosures Condominium Disclosure Available, Seller Property Disclosure
Listing Terms Cash, Conventional
Minimum Lease 2 Months
Monthly Condo Fee Amount 1268
Ownership Condominium
Special Listing Conditions None
Tax Annual Amount 10917.28
Tax Book Number 3-46
Tax Year 2022
Total Annual Fees 15212.00
Total Monthly Fees 1267.67

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Listed by: Michael Saunders & Company 941-349-3444.

Listing information ©My Florida Regional MLS DBA Stellar MLS 2024. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale. Availability of any listing should always be independently verified. Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may violate relevant federal and state law. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Properties displayed may be listed or sold by various participants in the MLS. Data last updated on Friday, March 29th, 2024 at 03:35:35 AM.
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