The Terrace Condos For Sale
Located directly on the beach on Siesta Key, at the corner of Ocean Boulevard and Beach Road, this popular condo community couldn't be better located for sun-seekers and tourists alike. With excellent rental potential, condos in The Terrace make for easy investment properties and enjoyable full-time residences.
About The Terrace Condos
- Address: 5400 Ocean Blvd., Sarasota, FL 34242
- Year Built: 1970 - 1973
- Number of Units: 116
- Building Type: High-rises & villas
- Size: 393 to 2,374 Sq. Ft.
- Water Access: Yes
- Rentals: 2 month minimum up to 6 times per year
Although Terrace condos are located close to the epicenter of activity in Siesta Key, these beachfront buildings maintain the relaxed atmosphere that nicely complements the desire to escape the big-city feel. The Terrace community consists of two buildings, Terrace Beach condos and Terrace East condos. The Terrace Beach condos include 116 units, whereas the Terrace East condos consist of only 46, so it's a little more intimate than it's sister building next door.
Typically, condos for sale in The Terrace community can range anywhere between the mid $500,000s to over $1 million dollars, which is somewhat uncommon for an older building. That said, The Terrace couldn't be nestled in a more convenient locations. Literally everything you could need and want during your stay is within walking distance, including the beach, tourist attractions, and great cuisine.
The Terrace Condo Amenities
Just steps from the crystal-clear waters and white sandy shore, The Terrace condos offer the location you want and the amenities you desire. Residents have access to:
- a fitness center;
- a heated outdoor pool;
- secure parking;
- additional storage;
- tennis courts;
- and on-site manager.
Just a two-minute walk up Ocean Boulevard are several cafes, seafood bars, surf shops, gift shops, and so much more. There's also a major transit hub right outside the building, so it's easy for guests without their own wheels to commute to other parts of Sarasota and beyond.
Investing In The Terrace Condos
Although condos in The Terrace typically sell for a premium price, their rental potential makes them incredibly valuable. Long-term vacationers that are looking for somewhere they can call home for a few months at a time will adore units in The Terrace, and the location can basically sell itself. If you're considering an investment property in Siesta Key, our professional property management division would love to help!
If The Terrace condos aren't quite what you had in mind, there are plenty of other Siesta Key condos for sale. Check them out below!