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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
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Our Executive Mortgage Banker:
Our Insurance Division:
$9,500
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $7,600 | $7,600 | $7,600 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.250% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.357% | 6.431% | 5.648% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $45 | $47 | $62 |
| Total Monthly Payment | $120 | $122 | $137 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.