3 Car Garage Home Real Estate Professional

Brooke O'Malley
CLUB REALTY
Real Estate Broker
1-941-726-2677

Currently viewing 1 of 95
5400 Ocean Boulevard 2-1
Sarasota, Florida FL 34242-3329
Sold For: $2,400,000
Listing ID: A4472758
Status: Closed
Sold Date: 4/06/2022
Bedrooms: 3 Bed
Total Baths: 3 Bath
Full Baths: 3 Bath
SqFt: 1,677 Sq Ft
Acres: 2.080 Acres
Subdivision: Terrace
Year Built: 1970

Location location location, rarely available, spacious three-bedroom, three-bath, Gulf-Front unit! On the beach in The TERRACE building. Designed by Frank Folsom Smith in 1970 and built right after Plymouth Harbor on St. Armands. The location is second to none, directly on the beach and just steps away from the heart of the village. Enjoy all the restaurants, boutiques, markets, spas, and night life within two blocks. This fabulous beachfront corner unit has five over-sized balconies with stunning sunsets. The building recently underwent major renovations; plumbing, AC, generator, well, exterior concrete restoration, new fences, new entry security, interiors updated in the lobby, lounge, fitness/game area, and elevators. The swimming pool is fantastic; over-sized, extremely deep, heated, saltwater with full gulf-front views. If you enjoy sunsets and walking the beach you have found paradise. The award winning white sugar sand of Siesta Key, the finest white sand in America is your doorstep. Dreams do come true and this can be yours. Quarantine in paradise. This unit also has an assigned undercover parking spot close to the entry door.

Primary Features

County: Sarasota
Price Before Reduction: 2659999
Price Reduction Date: 2021-04-14T16:31:07+00:00
Property Sub Type: Condominium
Property Type: Residential
Subdivision: Terrace
Year Built: 1970
Zoning: RMF1

Interior

Additional Rooms: Breakfast Room Separate, Great Room, Storage Rooms
Appliances: Convection Oven, Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Range Hood, Refrigerator
Building Area Units: Square Feet
Building Elevator: yes
Cooling Type: Central Air
Fireplace: no
Floor Number: 2
Flooring: Ceramic Tile, Wood
Heating Type: Central, Electric, Heat Pump
Interior Features: Crown Molding, Elevator, High Ceilings, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, Solid Surface Counters, Split Bedroom, Stone Counters, Window Treatments
Laundry Features: Inside, Laundry Room
Levels: One
Living Area Meters: 155.80
Living Area Source: Owner
Living Area Units: Square Feet
Other Equipment: Generator
Room Count: 5
Spa: no
Stories Total: 16

External

Architectural Style: Contemporary
Carport: yes
Carport Spaces: 1
Construction Materials: Concrete
Exterior Features: Balcony, Hurricane Shutters, Outdoor Shower, Sliding Doors, Storage
Fencing: Other
Foundation Details: Slab
Garage: no
Homestead: no
Lot Size SqFt: 90633
Lot Size Square Meters: 8420
Other Structures: Storage
Parking Features: Assigned, Covered, Ground Level, Guest
Patio And Porch Features: Other, Porch, Side Porch
Pool Features: Heated, In Ground, Lap, Lighting, Outside Bath Access, Salt Water
Pool Private: yes
Property Condition: Completed
Property Description: Corner Unit, End Unit, High Rise
Road Surface Type: Paved
Roof: Other
Sewer: Public Sewer
Utilities: Cable Connected, Electricity Connected, Public, Sewer Connected, Street Lights, Underground Utilities, Water Connected
Vegetation: Mature Landscaping
View Type: Trees/Woods, Water
Water Access: yes
Water Access Type: Beach - Access Deeded, Gulf/Ocean
Water Extras: no
Water Frontage Feet Beach Public: 414
Water Frontage Feet Gulf Ocean: 414
Water Source: Public
Water View: yes
Water View Type: Beach, Gulf/Ocean - Full
Waterfront: yes
Waterfront Features: Beach - Public, Gulf/Ocean
Waterfront Feet Total: 828
Window Features: Drapes, Shutters

Location

Association: yes
Association Amenities: Pool
Association Approval Required: yes
Association Name: Joy Roberts
Building Name Number: TERRACE
Community Development District: no
Community Features: Buyer Approval Required, Deed Restrictions, Fitness Center
Country: US
Direction Faces: East
Elementary School: Phillippi Shores Elementary
Flood Zone Code: VE
High School: Sarasota High
Middle Or Junior School: Brookside Middle
MLS Area Major: 34242 - Sarasota/Crescent Beach/Siesta Key
SW Subdivision Community Name: Terrace
Township: 37S

Financial

Additional Lease Restrictions: See Association Documents for Restrictions
Association Fee Frequency: Quarterly
Association Fee Includes: Cable TV, Pool, Internet, Maintenance Structure, Maintenance Grounds, Maintenance, Management, Pool, Security, Sewer, Trash, Water
Association Fee Requirement: Required
Available For Lease: yes
Close Price By Calculated SqFt: 1431.13
Condo Fees: 4048
Condo Fees Term: Quarterly
Condo Land Included: no
Current Price: 2400000.00
Disclosures: Condominium Disclosure Available, HOA/PUD/Condo Disclosure, Lead Paint, Seller Property Disclosure
Existing Lease Tenant: no
Lease Restrictions: 1
Listing Terms: Cash, Conventional
Minimum Lease: 2 Months
Monthly Condo Fee Amount: 1349
Ownership: Condominium
Ratio Current Price By Calculate: 1431.13
Special Listing Conditions: None
Tax Annual Amount: 6584.5
Tax Book Number: 3-46
Tax Lot: 21
Tax Year: 2021
Total Annual Fees: 16192.00
Total Monthly Fees: 1349.33

Zoning Info


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