Waterfront
Address
5400 Ocean BOULEVARD #8-5, SARASOTA, FL
Price
$ 749,000
Property Attributes
  • MLS#A4602592
  • TypeCondos
  • CountySARASOTA
  • CitySARASOTA
  • AreaSarasota-Crescent Beach-Siesta Key
  • NeighborhoodTerrace
  • Zip34242
  • StyleCondominium
  • Year Built1970
  • Taxes$ 6094
  • Price$ 749,000
  • Bedrooms0
  • Full Bathrooms1
  • Half Bathrooms0
  • Sqr Footage522
  • Lot Size2.08 Acres
Data Source:
Stellar MLS
Property Description

The Terrace is renowned as one of Siesta Key's most iconic addresses, famed for its exquisite beauty and coveted location. Residents are treated to a wealth of amenities, including an elevated heated saltwater pool, a fitness center, a welcoming community room, and more, all mere steps from one of the most amazing expanses of beach. The Terrace truly offers a gateway to the world-renowned white sands and turquoise waters of the Gulf of Mexico. Facing Siesta Key Village, the building's front provides convenient access to a variety of restaurants, shops, and vibrant beachfront nightlife. This residence features a luxurious studio-style floor plan spanning 522 square feet, with an efficient layout including a Murphy bed, which maximizes the stunning southern views of Siesta Key Beach and the Gulf of Mexico from its eighth-floor vantage point. The interior is thoughtfully designed to be light, bright, and peaceful, creating a serene oasis by the sea, and is being sold turnkey except for some personal items. In addition to its stunning surroundings, The Terrace also offers on-site management and covered parking. This residence truly embodies the essence of beach-front living on Siesta Key.

Elementary School Middle School High School
Phillippi Shores Elementary Brookside Middle Sarasota High
Price History
3/12/2024 Listed $749,000

General Features

Interior Features Built-in Features,Elevator,Living Room/Dining Room Combo,Open Floorplan,Solid Surface Counters,Window Treatments
Sewer Public Sewer
Heating Central,Electric
Cooling Central Air
Utilities Cable Available,Electricity Connected,Public,Sewer Connected,Water Connected
Roof Concrete
Appliances Cooktop,Dishwasher,Electric Water Heater,Microwave,Refrigerator
Exterior Features Balcony,Sliding Doors,Storage
Zoning RMF3
Association Fee Includes Cable TV,Common Area Taxes,Community Pool,Internet,Maintenance Structure,Maintenance Grounds,Manager,Pest Control,Pool Maintenance,Sewer,Trash,Water
Patio/Porch Features Covered,Side Porch
Security Features Gated Community,Smoke Detector(s)
Construction Materials Concrete,Stucco
Pets Allowed Number Limit,Size Limit
Year Built 1970
View Water
Levels One
Unit Number 8-5
Property SubType Condominium
Tax Year 2023
Percent Ownership Condominium
Waterfront Features Gulf/Ocean Front,Waterfront,Beach,Gulf/Ocean
Community Features Gulf/Ocean Front,Water Access,Waterfront,Buyer Approval Required,Community Mailbox,Deed Restrictions,Fitness Center,Pool
County Sarasota
New Construction No
Property Type Residential
Association Amenities Elevator(s)
HOA / Comm Assn Yes
Subdivision Name TERRACE
Facing Direction East
Garage Y/N No
Total Rooms 4
Status Active
Directions From Siesta Drive,head west over the north bridge onto Siesta Key. Follow Higel to Ocean Blvd. Turn right onto Ocean Blvd and an immediate left to the property.
High School Sarasota High
City SARASOTA
Buyer Agent Compensation 3%
Senior Community Y/N No
MLS Area 34242 - Sarasota/Crescent Beach/Siesta Key
Lot Size Square Feet 90789
Private Pool No
Waterfront Y/N Yes
Carport Spaces 1
Carport Y/N Yes
Street Name Ocean
Listing Terms Cash,Conventional
Elementary School Phillippi Shores Elementary
Tax Annual Amount 6094.05
Middle/Junior High School Brookside Middle
Public Remarks The Terrace is renowned as one of Siesta Key's most iconic addresses,famed for its exquisite beauty and coveted location. Residents are treated to a wealth of amenities,including an elevated heated s
Lease Considered Y/N Yes
Virtual Tour https://www.propertypanorama.com/instaview/stellar/A4602592
Days on Market 45
Standard Status Active
Tax Lot 85
Legal Description UNIT 85 THE TERRACE
Water View Gulf/Ocean - Full
Water Access Type Beach,Gulf/Ocean
Pet Size Limit Small (16-35 Lbs.)
Minimum Lease 2 Months
Water Access Y/N Yes
Monthly Condo Fee Amount 1608
Water View Y/N Yes

Interior Features

Flooring Carpet,Tile
Furnished Y/N Turnkey
Total Stories 17
Air Conditioning Y/N Yes
Heating Y/N Yes
Window Features Window Treatments
Fireplace Y/N No
Full Baths 1
Street Suffix BOULEVARD
Laundry Features Common Area,Inside,Laundry Room
LivingAreaSource Public Records
Total Baths 1
Living Area Units Square Feet

Exterior Features

Lot Features Flood Insurance Required,FloodZone,In County,Landscaped
Water Source Public
Lot Size Area 2.0842
Foundation Details Stilt/On Piling
Building Area Total 568
Lot Size Acres 2.08
Road Surface Type Paved,Asphalt
Lot Size Units Acres
Covered Spaces 1
Road Frontage Type Street Paved

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Pets
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Condos Average in 34242

Price
AVG $980K
$750K
Taxes
AVG $6,694
$6,094
Visits
AVG 464
422
Data Provided by Inside Real Estate®
Year Built
AVG 1979
1970

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