5400 OCEAN BOULEVARD UNIT 10-02, SARASOTA, FL, 34242
Active123 days on marketListed Apr 6, 2026MLS #A4688970
About this home
5400 OCEAN BOULEVARD UNIT 10-02
Welcome to The Terrace 10-2 on Siesta Key, a fully renovated 10th-floor beachfront condo offering some of the most breathtaking panoramic views on Florida’s Gulf Coast. Designed by the renowned architect Frank Folsom Smith, The Terrace stands as one of Siesta Key’s most architecturally significant landmarks, combining mid-century sophistication with timeless coastal beauty. The Space This 1-bedroom, 1-bath luxury condo has been meticulously redesigned for modern comfort and effortless relaxation. The open-concept floor plan connects the sleek kitchen, dining, and living areas—each surrounded by wraparound windows that reveal 280° views of turquoise waters and quartz sand. • Fully renovated interiors with custom finishes • Concrete and wood-paneled ceilings add warmth and architectural texture • All-new stainless-steel appliances • Granite countertops and bar seating for three • Dining table for four just off the kitchen • Work desk with ocean views • Spacious sectional sofa and Smart TV in the living area • Smart TV on the patio, perfect for enjoying the game with the sound of the waves • Three private balconies with outdoor seating and panoramic views of Siesta Key Beach, Lido Key, and downtown Sarasota The primary bedroom features a plush king bed, large TV, and floor-to-ceiling glass that frames the coastline from sunrise to sunset. The bathroom includes a walk-in shower and elegant finishes throughout. Amenities • Direct beach access from The Terrace grounds • Heated oceanfront pool with sundeck and loungers • Private parking for one car • High-quality linens and towels • Beach gear provided Location Situated at the corner of Ocean Boulevard and Beach Road, The Terrace offers the closest proximity to Siesta Key Village of any beachfront condominium, just steps from restaurants, live music, and boutique shopping. From your balcony, enjoy views stretching from Venice Pier to Anna Maria Island, with Sarasota’s city skyline sparkling in the distance. Rental Details • 30-day minimum stay • Board application and approval required Experience the best of Siesta Key, where modern design meets classic coastal living. The Terrace by Altez Vacations invites you to wake up to endless horizons and fall asleep to the sound of the surf. Rates: 9,500 April - December: 16,000 January - March Rate includes all utilities and taxes **Your inquiry on our property will be responded directly to your personal email. Please keep a lookout for our response so we may best serve your request
Facts & features
The home at a glance
1
Bedrooms
1
Bathrooms
936
Sqft
2.08 ac
Lot size
1970
Year built
One
Levels
$10
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Principal and interest plus estimated taxes and insurance. Run your own numbers below.
$229 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$229/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Estimates only — taxes at 1.1%/yr and typical insurance; your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
$/sqft vs Sarasota actives
$10 vs $344
Days on market
123 vs 61 typical
Where $10/sqft sits among the 400 Sarasota actives
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Sarasota
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know Sarasota. See the full Sarasota guide →
The numbers that matter
The Sarasota market
$475K → $493K
Sarasota median sold, yr/yr
95.2%
Sale-to-list ratio (12 mo)
159 of 400
Sarasota actives have cut their price
Median sold price, Sarasota, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 98% below the SARASOTA 34242 median. See the full Sarasota market guide →
Paper trail
This home's history
Reality check
What actually sold near 5400 OCEAN BOULEVARD UNIT 10-02
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Apr ’26$900,000
5400 OCEAN BOULEVARD UNIT 8-04 · same community
1 bd · 1 ba · 928 sqft · $970/sqft · 70 DOM
Sold · Jul ’26$1,100,000
5400 OCEAN BOULEVARD UNIT 6-4 · same community
2 bd · 2 ba · 1,187 sqft · $927/sqft · 262 DOM
Sold · Mar ’26$3,600,000
5400 OCEAN BOULEVARD UNIT 12-2 · same community
3 bd · 3 ba · 2,374 sqft · $1,516/sqft · 92 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
Gavin Hatcher
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about 5400 OCEAN BOULEVARD UNIT 10-02 — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 5400 OCEAN BOULEVARD UNIT 10-02 — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to Gavin's phone and CRM.
Straight answers
5400 OCEAN BOULEVARD UNIT 10-02 FAQs
What would the monthly payment be for 5400 OCEAN BOULEVARD UNIT 10-02?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $229/mo — principal and interest, estimated property taxes and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
Are pets allowed at 5400 OCEAN BOULEVARD UNIT 10-02?+
The listing reports pets: No. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Sarasota?+
At $9,500, this home is listed about 98% below the Sarasota median of $569,000. The market section on this page shows how the area is trending.
The brief
Four things that matter here
01Under the SARASOTA 34242 market on paper
$9,500 is 98% below the SARASOTA 34242 median of $474,000, and at $10/sqft it sits under the Sarasota average of $497.
02Waterfront living
This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.
03Time on market is leverage
123 days on market against a Sarasota median of 61 — sellers in this position are usually ready to negotiate.
04The price has already moved
Listed at $10,000, now $9,500 — a $500 cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of ALTEZ VACATIONS, LLC · Sean Altice. MLS #A4688970.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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