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Beach Terrace

Beach Terrace

Beach Terrace
Condominium Building
The Costar Building Rating

A rating for the building relative to other buildings of the same type throughout the country. Learn more

5400 Ocean Blvd
Sarasota, FL 34242-3358
67 Units
17 Stories
1970 Year Built
$750K - $3.1M Value Range

Available Units

For Sale
For Rent

Highlights

  • Beach Front
  • Phillippi Shores Elementary School Rated A
  • Water access To Gulf or Ocean
  • Fitness Center
  • Heated In Ground Pool
  • City View

Iconic beachfront living in the heart of Siesta Key

Beach Terrace, designed by renowned architect Frank Folsom Smith, stands as a prominent fixture on Siesta Key's shoreline. Completed in 1970, this 17-story condominium tower houses 67 units, offering residents direct access to the world-famous white quartz sands of Siesta Beach. Situated at the edge of Siesta Key Village, Beach Terrace combines the tranquility of beachfront living with the convenience of nearby dining and shopping options. The building's enduring presence on the island is a testament to its timeless appeal and prime location.

Diverse layouts with panoramic Gulf and city views

Beach Terrace offers a range of floor plans to suit various preferences, from cozy studios to spacious three-bedroom residences. Studio units, starting at 522 square feet, provide an efficient use of space with Murphy beds, maximizing living areas while maintaining stunning southern views of Siesta Key Beach and the Gulf of Mexico. These compact retreats are priced from $849,612 to $1,257,408. One-bedroom units span from 522 to 992 square feet, featuring one to one-and-a-half bathrooms. These residences often include ample balcony space, providing outdoor living areas to enjoy the coastal breezes and scenic vistas. Two-bedroom configurations range from 522 to 1,506 square feet, offering one to three bathrooms. These units, priced between $1,550,000 and $2,149,000, typically feature split floor plans for enhanced privacy and multiple balconies showcasing panoramic views of the Gulf, Siesta Key Beach, and the Sarasota skyline. The most expansive options are the three-bedroom residences, measuring 1,187 to 2,463 square feet with two-and-a-half to four bathrooms. These premium units often result from combining smaller units, creating sprawling living spaces with wraparound balconies and unparalleled views in multiple directions. Throughout the building, units boast floor-to-ceiling sliding glass doors, flooding interiors with natural light and framing the picturesque coastal scenery. Many residences have undergone extensive renovations, featuring modern finishes such as quartz countertops, updated cabinetry, and state-of-the-art appliances. Some units include custom built-ins, elegant fixtures, and thoughtful design elements that maximize space and enhance the overall living experience. Monthly HOA fees range from $1,600 to $2,400, covering a comprehensive list of services and amenities including common area taxes, pool maintenance, escrow reserves fund, fidelity bond, insurance, structural maintenance, ground maintenance, management, pest control, recreational facilities, sewer, trash, and water services.

Resort-inspired amenities with a focus on beachfront luxury

Beach Terrace offers an array of amenities designed to enhance the coastal living experience. The centerpiece is the elevated heated saltwater pool, providing a refreshing retreat with stunning views of the Gulf of Mexico. Adjacent to the pool, a paver patio offers a perfect spot for sunbathing or enjoying the spectacular Siesta Key sunsets. Fitness enthusiasts will appreciate the well-equipped fitness center, allowing residents to maintain their workout routines without leaving the building. The community room serves as a gathering space for social events and relaxation, fostering a sense of community among residents. One of the most coveted features of Beach Terrace is its private beach access, allowing residents to step directly onto the powdery white sands of Siesta Beach. This exclusive amenity ensures that the Gulf of Mexico is always just moments away. Security and convenience are prioritized with features such as a secure lobby, covered parking, and on-site management. The building has undergone significant upgrades in recent years, including the installation of a new whole-building generator, ensuring power during outages, and a geothermal HVAC system that helps keep utility costs low for residents. Other notable improvements include new plumbing, updated elevators, and a renovated lobby area. The building also boasts a sophisticated central alarm system attached to the plumbing, providing early detection of potential issues. For those residing in the penthouse units, an exclusive 18-by-15-foot private viewing deck atop the building offers an unparalleled vantage point for taking in the breathtaking panoramas of Siesta Key and beyond. Beach Terrace allows up to two pets per unit, accommodating animal lovers who wish to share their coastal lifestyle with their furry companions. The combination of modern amenities, recent upgrades, and attentive on-site management ensures that residents can fully embrace the laid-back yet luxurious Siesta Key lifestyle.

Vibrant island living with easy access to local attractions

Beach Terrace enjoys a prime location on Siesta Key, offering residents the best of both worlds: serene beachfront living and proximity to the lively Siesta Key Village. The building's position at the edge of the village means that a diverse array of dining, shopping, and entertainment options are just steps away. Within a short walk, residents can explore local boutiques such as Foxy Lady Siesta Key, offering fashionable beachwear and accessories. For those seeking unique jewelry and gifts, coral & reef boutique is just a five-minute stroll from the building. Culinary options abound in the surrounding area. Morton's Siesta Market, a five-minute walk away, provides gourmet groceries and prepared meals for those nights when cooking at home is preferred. For dining out, residents can venture to nearby establishments like Ophelia's on the Bay, located about a 115-minute drive and approximately 5 miles away. This casually elegant seafood restaurant offers stunning bayside views and a menu that showcases the best of local seafood. Nature enthusiasts and families will appreciate the proximity to Siesta Key Playground, about a mile away, offering a perfect spot for children to play or for a leisurely picnic. For those seeking more extensive outdoor recreation, Phillippi Estate Park is just a 10-minute drive from Beach Terrace. This 60-acre park features walking trails, fishing piers, and a kayak launch, providing ample opportunities for outdoor activities. Cultural attractions are also within easy reach. The vibrant arts scene of downtown Sarasota, including numerous theaters, galleries, and museums, is just a short drive across the bridge. This proximity allows Beach Terrace residents to easily partake in the rich cultural offerings of the area while maintaining their peaceful island retreat. The neighborhood surrounding Beach Terrace embodies the relaxed, yet sophisticated atmosphere that Siesta Key is known for. With its combination of natural beauty, convenient amenities, and proximity to urban attractions, the area offers a lifestyle that balances tranquility with activity, making it an ideal location for those seeking the quintessential Florida coastal experience.

Island convenience with easy mainland access

Transportation options from Beach Terrace reflect the relaxed, island-oriented lifestyle of Siesta Key while providing convenient access to the mainland. The condominium's location at the edge of Siesta Key Village means that many daily necessities and leisure activities are within walking distance, reducing the need for frequent car use. For those venturing beyond the immediate area, personal vehicles remain the primary mode of transportation. The building offers covered parking for residents, ensuring that cars are protected from the elements. When traveling to mainland Sarasota, residents have two main access points: the Siesta Key North Bridge, which connects to central Sarasota, and the Stickney Point Bridge, leading to south Sarasota. Cycling is a popular option for exploring the island, with Siesta Key's relatively flat terrain and scenic views making it ideal for bike rides. The area's Very Bikeable rating indicates that many errands and activities can be comfortably accomplished on two wheels. While public transit options are limited on the island itself, a free seasonal trolley service operates during peak months, providing a convenient way to explore Siesta Key without the need for parking. This service is particularly useful for accessing different beaches and attractions along the island. For air travel, the Sarasota/Bradenton International Airport is located approximately 11 miles away, about a 25-minute drive from Beach Terrace. This proximity allows for easy access to domestic and international flights without the need for extended travel times to larger metropolitan airports. The transportation landscape around Beach Terrace is designed to complement the laid-back island lifestyle while ensuring that residents can easily access both local amenities and broader regional attractions. Whether opting for a leisurely stroll through the village, a bike ride along the coast, or a quick drive to downtown Sarasota, residents have multiple options to suit their needs and preferences.

Available Condos

Building Details

Views

  • Beach
  • Full Gulf or Ocean
  • City

Recreation

  • Fitness Center
  • Heated In Ground Pool
  • Community Pool
  • Community Spa

Outdoor Features

  • Water access To Gulf or Ocean
  • Beach Front
  • Property fronts gulf or ocean

Amenities

  • Laundry Facilities
  • Community Storage Space
  • Card or Code Access

Parking

  • 1 Carport Space Per Unit
  • 1 Carport Space
  • Covered Parking
  • Reserved Parking
  • 1 Assigned Parking Space

Pet Policy

  • Pets up to 15 lbs
  • Pet Size Limit
  • 2 Pets Allowed

Condo Association

  • $1,238 Monthly HOA Fees
  • Monthly HOA Fees Range from $1,238 - $2,413
  • Association fees include pool, recreational facilities, trash
  • Access Management Association
  • Terrace Community
  • Terrace Subdivision

Building Design

  • Elevator

Unit Features

  • Open Floorplan
  • Balcony

Unit Information

Unit
6-4
Beds
2 Beds
1 Bed
2 Beds
Baths
2 Baths
1 Bath
2 Baths
Sq Ft
1,187
936
1,187
Price
$1,525,000
$1,400,000
$1,800,000
Price / Sq Ft
$1,285 / Sq Ft
$1,496 / Sq Ft
$1,516 / Sq Ft
List Date
11/09/2023
02/12/2025
05/26/2024

Unit Size and Value Ranges

1 Bedroom Units
Sq Ft Range
522 - 992
Est. Values
$766,700 - $1,411,420
2 Bedroom Units
Sq Ft Range
522 - 1,506
Est. Values
$750,063 - $3,030,088
3 Bedroom Units
Sq Ft Range
1,187 - 2,463
Est. Values
$1,664,932 - $3,099,289
All Units
Sq Ft Range
522 - 2,463
Est. Values
$750,063 - $3,099,289

Map

Area Factors

Low Crime

Crime Score®

2 / 10

Very Bikeable

Bike Score®

71 / 100

Somewhat Walkable

Walk Score®

57 / 100
Sources: WhatIsMyCrimeRisk.com, Walk Score
Sources: WhatIsMyCrimeRisk.com, Walk Score

WhatIsMyCrimeRisk.com, Powered by CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks. Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

Environmental Factors

Active

Sound Score®

79 / 100

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Air Pollution®

N/A / 10

--

Flood Factor®

N/A / 10

--

Fire Factor®

N/A / 10

--

Heat Factor®

N/A / 10

--

Wind Factor®

N/A / 10
Source: First Street, How Loud
Sources: First Street, How Loud

Sound Score® measures the noise level of any address. Environmental risk data is provided by First Street Foundation® and is designed to approximate risk and not intended to include all possible scenarios.

Parks in this Area

Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology
Disclaimer: Please note that this building may not be in these schools' attendance zones.

Agents Active in this Building

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Property Taxes

Range in Assessed Values
$419K - $2.9M
Range of Taxes in Building
$4,662 - $33,366
Range of Taxes per Sq Ft
$3.93 - $20.14

Property Tax History

Source: Public Records

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