The palace, built in the 16th century, only has a wing with two window axis - equivalent to one room - on the Grand Canal. Its main façade with a loggia of four round arches in the noble floors is on the Rio de San Polo. Contrary to the Canal Grande wing, the windows of the first floor windows are still higher than those of the second one. A large terrace, which gives the palace its name and occupies a considerable percentage of the building area of about 1100 square meters, can be accessed from the first floor.