NOT LISTED FOR SALE

Beach Terrace 5400 Ocean Blvd Unit 14-2 & 14-3 Sarasota, FL 34242

Siesta Key Neighborhood
3 Beds
4 Baths
2,463 Sq Ft
$2,535/mo HOA Fee

Last Sold March 14, 2023

Last sale price $3,400,000 $1,380 Per Sq Ft

122 Days on Market

Highlights

  • 450 Feet of Ocean or Gulf Waterfront
  • Beach View
  • Open Floorplan
  • Phillippi Shores Elementary School Rated A
  • Beach Access
  • Fireplace in Primary Bedroom

About This Home

As of March 2023

One or more photo(s) has been virtually staged. $250,000 PRICE REDUCTON! Savor spectacular views spanning the Gulf of Mexico, Sarasota Bay, Longboat Key and the downtown Sarasota skyline in this sprawling 14th-floor beachfront residence in the heart of Siesta Key boasting private access to Siesta Key Beach’s cool white sand and tranquil azure waters. Floor-to-ceiling walls of glass seamlessly open to multiple terraces throughout the home, showcasing captivating 270-degree vistas, including ever-changing waterfront sunsets, dazzling city lights and awe-inspiring scenery in every direction. The expansive beach below beckons year-round relaxation, swims and strolls along the long shoreline. Inside this one-of-a-kind 3-bedroom, 4-bath residence, two masterfully combined units encompass nearly 2,500 square feet, featuring coffered ceilings with custom lighting, reclaimed Wormy Chestnut flooring and marble flooring. The home’s flexible floor plan can be adapted to suit your lifestyle, including a large Gulf-front room with a full bath and closets that could serve as a den/office, bonus room, or the 3rd bedroom and possibly a 4th bedroom as well. A private luxurious retreat awaits in the voluminous owner’s suite, which features a dual-sided gas fireplace, and sitting and bar areas with beverage refrigerator and wine refrigerator. Wake up in the morning to sweeping Gulf and beach views in two directions while enjoying coffee and seaside breezes on one of your two large private terraces. The suite also boasts exquisite custom closets with mirrored-front storage, organizational shelving, drawers and dressing areas, and two updated luxurious bathrooms with custom wallpaper and spacious marble vanities. Two assigned covered parking spaces and 2 pets allowed! The Beach Terrace condominium has undergone significant updates in the recent years, including a new whole-building generator, recoated roof, and redesigned lobby. Located just a short stroll from Siesta Key Village’s abundant shopping, dining and entertainment venues, the community includes a private path to the beach, heated saltwater pool and paver patio overlooking the beach, and community room with fitness area. Don't miss out on this AMAZING OPPORTUNITY!

Last Listed By

Lenore Treiman

MICHAEL SAUNDERS & COMPANY License #0511583 Listed on: 10/20/2022

MICHAEL SAUNDERS & COMPANY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $18,796

Year Built

  • Built in 1970

Lot Details

  • East Facing Home

HOA Fees

  • $2,535 Monthly HOA Fees

Property Views

Home Design

  • Concrete Roof
  • Concrete Siding
  • Pile Dwellings

Interior Spaces

  • 2,463 Sq Ft Home
  • Open Floorplan
  • Wet Bar
  • Built-In Features
  • Shelving
  • Bar Fridge
  • Bar
  • Crown Molding
  • Coffered Ceiling
  • Tray Ceiling
  • Decorative Fireplace
  • Gas Fireplace
  • Sliding Doors
  • Great Room
  • Dining Room
  • Bonus Room

Kitchen

  • Built-In Oven
  • Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Wood
  • Carpet
  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • Split Bedroom Floorplan
  • En-Suite Bathroom
  • Walk-In Closet
  • 4 Full Bathrooms
  • Bathtub With Separate Shower Stall
  • Shower Only

Home Security

Parking

  • 2 Carport Spaces
  • Ground Level Parking
  • Assigned Parking

Outdoor Features

  • Beach Access
  • Water access To Gulf or Ocean
  • Outdoor Storage

Schools

  • Phillippi Shores Elementary School
  • Brookside Middle School
  • Sarasota High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Humidity Control
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include common area taxes, pool, escrow reserves fund, fidelity bond, maintenance structure, ground maintenance, maintenance, management, pest control, sewer, trash, water
  • Lori Shearer Beach Terrace Association, Phone Number (813) 607-2220
  • Visit Association Website
  • Terrace Community
  • Terrace Subdivision
  • Association Owns Recreation Facilities
  • 16-Story Property

Amenities

  • Community Storage Space

Recreation

  • Community Pool

Pet Policy

  • Pets up to 15 lbs
  • 2 Pets Allowed

Security

  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$18,796

Year Built

Built in 1970

Lot Details

0

HOA Fees

$2,535 per month

Listing Details

  • HOA Fee Includes: Common Area Taxes, Pool, Escrow Reserves Fund, Fidelity Bond, Maintenance Structure, Maintenance Grounds, Maintenance, Management, Pest Control, Pool, Sewer, Trash, Water
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Condominium
  • Construction Materials: Concrete
  • Fireplace: Yes
  • Living Area: 2463
  • New Construction: No
  • Year Built: 1970
  • Building Area Total: 3028
  • Directions to Property: Take North bridge to Siesta Key, Higel to Ocean Blvd - Turn off of Beach Rd onto Ocean Blvd - TERRACE is on the corner of Beach Rd and Ocean - Please park in designated guest parking on either side of the building close to the beach.
  • Status: Sold
  • Ownership: Condominium
  • ResoBuildingAreaSource: Estimated
  • Available for Lease YN: 1
  • Escrow State: FL
  • Floor Number: 14
  • List Office Head Office Key Nume: 1046728
  • Minimum Lease: 2 Months
  • Number Of Pets: 2
  • RATIO Current Price By Calculate: 1380.43
  • Unit Number YN: 0
  • Water Access YN: 1
  • Condo Fees Term: Quarterly
  • Property Description: Corner Unit,High Rise
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Decorative, Gas, Master Bedroom
  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Marble, Wood
  • Full Bathrooms: 4
  • Interior Amenities: Built-in Features, Coffered Ceiling(s), Crown Molding, Open Floorplan, Solid Wood Cabinets, Split Bedroom, Stone Counters, Tray Ceiling(s), Walk-In Closet(s), Wet Bar
  • Appliances Included: Bar Fridge, Built-In Oven, Dishwasher, Disposal, Electric Water Heater, Exhaust Fan, Microwave, Range, Refrigerator, Wine Refrigerator
  • Foundation Details: Stilt/On Piling
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 16
  • Street Number Modifier: 5400
  • ResoLivingAreaSource: Estimated
  • Living Area Meters: 228.82
  • Room Count: 8

Exterior Features

  • Direction Faces: East
  • Exterior Features: Hurricane Shutters, Sliding Doors, Storage
  • Roof: Concrete
  • Pool Private: No
  • View: City, Water
  • Water Body Name: GULF OF MEXICO
  • Waterfront: Yes
  • Road Surface Type: Paved
  • Disclosures: Condominium Disclosure Available, Lead Paint, Seller Property Disclosure
  • Water Access: Beach,Gulf/Ocean
  • Water Extras YN: 0
  • Water View: Beach,Gulf/Ocean - Full
  • Water View YN: 1
  • Waterfront Feet Total: 450
  • Flood Zone Date: 2016-11-04
  • Flood Zone Panel: 12115C0139F
  • Water Frontage Feet Gulf Ocean: 450

Garage/Parking

  • Carport Spaces: 2
  • Carport Y N: Yes
  • Garage Yn: No
  • Parking Features: Assigned, Ground Level, Guest

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Connected, Public, Sewer Connected, Water Connected
  • Cooling: Central Air, Humidity Control, Zoned
  • Heating: Electric, Zoned
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Pool, Water Access, Waterfront
  • Association Amenities: Storage
  • Association Name: Lori Shearer - Beach Terrace Association
  • Phone: 813-607-2220
  • Association: No
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Building Name Number: THE TERRACE
  • Condo Fees: 7606
  • Condo Land Included YN: 0
  • Max Pet Weight: 15
  • Montly Maint Amt Addition To HOA: 0
  • Association Email: lshearer@accessdifference.com
  • Monthly Condo Fee Amount: 2535
  • Pet Size: Very Small (Under 15 Lbs.)
  • Association URL: accessdifference.com

Fee Information

  • Total Annual Fees: 30424.00
  • Total Monthly Fees: 2535.33

Schools

  • Elementary School: Phillippi Shores Elementary
  • High School: Sarasota High
  • Middle Or Junior School: Brookside Middle

Lot Info

  • Zoning: RMF3
  • Parcel Number: 0080251057
  • Additional Parcels: No
  • Flood Zone Code: VE
  • Homestead YN: 0
  • Lot Size Square Meters: 0

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Lease restrictions

Tax Info

  • Tax Annual Amount: 18795.77
  • Tax Block: 0
  • Tax Book Number: 3-46
  • Tax Lot: 0

Multi Family

  • Waterfront Features: Gulf/Ocean
  • Approval Process: Approval required

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/14/2023 03/14/23 Sold $3,400,000 0.0% $1,380 / Sq Ft
02/20/2023 02/20/23 Pending -- -- --
12/21/2022 12/21/22 Price Changed $3,400,000 -6.8% $1,380 / Sq Ft
10/20/2022 10/20/22 For Sale $3,650,000 -- $1,482 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4549634

Stellar MLS