The Terrace

Essential Information
Address: 5400 Ocean Blvd.
Siesta Key, FL 34242
Year Built: 1970
Total Units: 70
Unit Sizes: 522 to 2374 sf
Location: Beach Front
Get More Information Real Estate Statistics
Total Listings: 4
Average Price: $817,250
Highest Listing Price: $985,000
Lowest Listing Price: $460,000

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Terrace Condos for Sale:

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The Terrace condominium on Siesta Key occupies one the most coveted parcels of land on this world-renowned barrier island. Perched atop the powdery sands of Siesta Key Beach, and conveniently located off the main stretch of road, this oceanfront condo is steps from the island village offering the best in shopping, dining and entertainment options on the key. This location is most desirable as residents and guests have the option to enjoy everything from lazily lounging by the private heated pool to dancing the night away at one of the popular beach clubs.

Built In 1970, passersby easily recognize The Terrace due to its magnificent seventeen-story structure, home to 70 well-apportioned residences. Units range from approximately 500 to 1,800 square feet of living space and offer a selection of one, two, and three-bedroom floorplans. This magnificent tower offers stunning views. Those lucky enough to own one the corner units have the advantage of a second balcony offering sweeping gulf-to-bay views from each of the spacious terraces.

Residents and guests enjoy a lovely selection of resort-style amenities including:

  • Clubhouse complete with a catering kitchen
  • Barbecue picnic area
  • Tennis courts
  • Elevated heated swimming pool, hot tub, and spa
  • Private beach access

Investors enjoy a two-month minimum rental policy, on-site staffing, excellent rental potential and the appeal of an oceanfront view on one of the world’s most beautiful beaches.

Located towards the northern end of the island, directly adjacent to the Siesta Key Village, The Terrace grants easy access to the abundant supply of restaurants, boutiques, and other popular venues found along the illustrious strip. The Terrace’s locale affords access to many points of interest with Siesta Key Public Beach being the most highly esteemed destination on the list.

Siesta Key boasts of its rating as the most beautiful beach in the country and one of the top ten beaches in the world for its ninety-nine percent crushed quartz sand. The beauty of the sand is both attractive and purposeful in nature as the white sand is not only beautiful, but it also stays cool to touch on even the most sun-filled day. The beach is remarkably wide, with plenty of room to accommodate the masses of people lured to this lavish stretch of sand. Consequently, Siesta Key draws visitors from across the globe and hosts many events such as the wildly celebrated Siesta Key Crystal Classic Sand Sculpting Competition and annual beach volleyball tournament.

Residents and guests need not travel far to enjoy the many places of interest in the surrounding areas. Many of which are less than a twenty-minute drive, including Downtown Sarasota, St Armands Circle, Marie Selby Gardens, and Westfield Shopping Center to name only a few.

 
Questions? Contact Us For More Information
If you have any questions or want to set up a tour of Siesta Key condos, please call us at (941) 544-6467 or send us an email below.
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Listing data comes from My Florida Regional MLS.

Listing information last updated on October 18th, 2017 at 4:06pm EDT.