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$874,000
$942/sqft12% reduced
HOA: $4,796/quTaxes: $8,471/yr297d on market

Terrace

5400 OCEAN BLVD #9-4, SARASOTA, FL, 34242

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1 Beds|1 Baths|928 Sq Ft|Built 1970
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💡 Price recently reduced — this could be a great opportunity to negotiate.

C2C

Coast 2 Coast Home Realty

Licensed Florida Realtors

4.9· 214 reviews

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Buyer Insights

Here's what we know about this listing.

Why this home stands out

  • Price reduced 12% ($121,000 off original)
  • 297+ days on market — seller may be motivated
  • Updated today

Buyer Insights are informational only — always verify with your agent.

Rarely does an opportunity like this emerge on Siesta Key — priced below the last comparable 1-bedroom sale and reduced over $120,000, this is value that simply cannot be ignored. Welcome to Beach Terrace, one of Siesta Key's most sought-after Gulf-front addresses. Nestled at the end of the village in a gated community with direct Gulf frontage, this exceptional corner residence delivers the quintessential Siesta Key lifestyle — world-famous white quartz sand at your feet, the sparkling aqua Gulf stretching to the horizon, and the energy of Siesta Key Village just a short stroll away. The panoramic views here are genuinely extraordinary. From the pristine beach below to the glittering skylines of downtown Sarasota and Longboat Key in the distance, every glance outward is a postcard moment. At night, the twinkling lights of the village and city skyline transform the backdrop into something truly magical — widely regarded as one of the finest views on Siesta Key. Three private balconies ensure there is always a perfect perch for morning coffee, evening sunsets, or simply savoring the coastal scenery throughout the day. Inside, dual sliding glass doors flood the living area with natural light while framing those sweeping Gulf views. The tiled foyer flows seamlessly into a well-appointed kitchen, and the dining area offers ample space to entertain with a backdrop that will leave guests speechless. Resort-style amenities complete the picture: an elevated heated saltwater pool, community room, and the security of a gated community — all just steps from your private beach access. This is Siesta Key living at its finest — Gulf-front, gated, walkable, and priced to sell.

Subdivision
TERRACE
County
Sarasota
Zip Code
34242
Community
Terrace

Neighborhood

Map unavailable

Type
Condominium
Living Area
928 sqft
Construction
Concrete
Roof
Membrane
Flooring
Carpet, Tile
Pool
No
HOA
$4,796 / Quarterly
  • High Ceilings
  • Open Floorplan
  • Solid Surface Counters
  • Window Treatments
  • Balcony
  • Hurricane Shutters
  • Outdoor Shower
  • Sliding Doors
  • Storage
  • Dishwasher
  • Electric Water Heater
  • Microwave
  • Range
  • Refrigerator
  • Common Area
  • Cable Connected
  • Electricity Connected
  • Community Mailbox
  • Gated Community - No Guard
  • Pool
  • Gulf/ocean Front
  • Elevators
  • Lobby Key Required
  • Pool
  • Storage
  • Pool
  • Maintenance Grounds
Bedrooms
1
Bathrooms
1
Year Built
1970
Construction
Concrete
Flooring
Carpet, Tile
Roof
Membrane
Garage Spaces
0
Cooling
Central Air
Heating
Electric
Waterfront
No
Pet Restrictions
Cats Ok, Dogs Ok
Lot Size
2.08 acres
Senior Community
No
Building Elevator
Yes
Pet Size
Very Small (Under 15 Lbs.)
# of Pets
1
Max Pet Weight
15 lbs
Tax Year
2025
Annual Tax Amount
$8,471

Association Fees

  • HOA Fee

    Maria Mitchell

    $4,796/ Quarterly

Down Payment20% — $174,800
Interest Rate6.50%
Loan Term
Est. Mortgage
$4,419
HOA Fee
$1,599
Est. Property Tax
$706
Est. Insurance
$291
Total Est. Monthly Cost$7,016

* Estimates are for illustration purposes only and do not constitute an offer of financial advice. Actual rates, payments, insurance, and taxes will vary based on credit, location, and other factors. Contact a licensed mortgage professional for a personalized quote. Homeowners insurance estimate based on Florida averages.

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