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$925,000
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Property Description
WATERFRONT CONDO at Phillippi Landings offers the ultimate in coastal luxury living, just under 4 miles from the world-renowned Siesta Key Beach and less than 5 miles to Downtown Sarasota. A boater's dream, this exquisite 3-bedroom, 2-bath residence spans 2,024 square feet and private boat dock access is available with direct, unobstructed passage to the Gulf of Mexico-no bridges, no limits. Every inch of this home has been masterfully renovated by an award-winning design team, using curated European materials and finishes. Rich Legno Bastone wide-plank black walnut and marble floors set the tone for the elegance throughout, complemented by custom solid-walnut cabinetry, striking stone agate countertops, designer fixtures, solid wood doors, and sophisticated lighting. The gourmet kitchen is outfitted with top-of-the-line Thermador appliances, including dual 30-inch refrigerators with freezer, built-in microwave and oven, and a convection cooktop-ideal for any culinary enthusiast. In the family room, a custom-built walnut entertainment center houses a 65" flat-screen TV and an electric fireplace. All windows feature Hunter Douglas electric shades, with blackout functionality in each bedroom for optimal comfort. The spacious primary suite includes a luxurious bath and a walk-in dressing room with custom built-ins. Unique to only two units in the building, this home features a large screened patio and over 2,000 square feet of private outdoor terraces. Additional highlights include an oversized one-car garage with epoxy flooring, a brand-new 6-ton rooftop HVAC unit and interior air handler, full water-sealing of all exterior windows, doors, and stucco, and a remote-access video security system throughout the unit and garage. Residents enjoy access to an array of amenities, including a heated swimming pool, jacuzzi, clubhouse, fitness center, kayak launch and storage, a scenic waterfront walking path, dog park, and more. Designer furnishings are also available under separate consideration. With a motivated seller and every high-end detail already in place, this exceptional property is ready to welcome its next discerning owner-schedule your private showing today.
Full Property Details
Full Property Details for 5531 Cannes Cir #201
General
- Sold For: $925,000
- HOA FEE: $933/month
- HOA FEE FREQ.: Quarterly
- Taxes: $7,506 (2024)
- Status: Closed
- Type: Condo
- Source: MidFloridaRegionalMLS
- MLS ID: A4651888
- Added to Site: 292 day(s) ago
Rental Information
- Min. Lease: 6 Months
Interior
- Number of Rooms: 10
- Interior Features: Ceiling Fan(s), Eating Space In Kitchen, Elevator, High Ceilings, Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Thermostat, Walk-In Closet(s), Window Treatments
- Appliances: Convection Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Ice Maker, Microwave, Range, Range Hood, Refrigerator, Washer
- Furnishings: Unfurnished
- Flooring: Carpet, Marble
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Inside, Laundry Closet
Additional Information
- Shared Amenities: Cable TV, Clubhouse, Elevator(s), Fitness Center, Gated, Maintenance, Pool, Spa/Hot Tub
- Pool Description: Deck, Gunite, Heated, Lighting, Outside Bath Access
- Spa: Yes
- Spa Description: Heated
- Security/Safety: Fire Alarm, Fire Sprinkler System, Gated Community, Security Gate, Security Lights, Security System, Smoke Detector(s)
Exterior
- Exterior Features: Sliding Doors
- Deck/Patio: Deck
- Porch/Patio/Deck: Deck
Parking
- Garage: Yes
- Garage Spaces: 1
- Covered Spaces: 1
- Parking Features: Garage Door Opener, Ground Level, Guest, Open, Oversized, Under Building
Location
- Area: 34231 - Sarasota/Gulf Gate Branch
- County: Sarasota
- Development Name: 34231 - Sarasota/Gulf Gate Branch
- Subdivision: PHILLIPPI LANDINGS
- Driving Directions: From Downtown Sarasota take Tamiami Trail South (US-41 S) to Phillippi Landings. Turn right onto Monte Carlo Dr. Gate Code required. Left onto Cannes Circle.
- Direction Faces: South
School Information
- Elementary School: Phillippi Shores Elementary
- Middle School: Brookside Middle
- High School: Riverview High
Community
- Community Name: 34231 - Sarasota/Gulf Gate Branch
- Community Features: Dock, Fishing, Water Access, Waterfront, Buyer Approval Required, Deed Restrictions, Fitness Center, Irrigation-Reclaimed Water, Park, Pool, Sidewalks, Wheelchair Access
- Optional Amenities: Cable TV, Clubhouse, Elevator(s), Fitness Center, Gated, Maintenance, Pool, Spa/Hot Tub
- Association: Yes
- Assoc. Name: Casey Condominium Management LLC
- Assoc. Fees Include: Cable TV, Common Area Taxes, Community Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Maintenance Repairs, Manager, Pest Control, Pool Maintenance, Private Road, Sewer, Trash, Water
- Number of Pets: 2
- Pet Restrictions: Please see rules and regulations, / 100lbs.
- Management Type: Part Time
- Mgmt. Company: Part Time
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Electric
Utilities
- Sewer: Public Sewer
- Water District: PHILLIPPI RIVER
- Water: Public
- Utility Description: Cable Connected, Electricity Connected, Fire Hydrant, Sewer Connected, Sprinkler Recycled, Water Connected
Structural Information
- Architectural Info: Mediterranean
- Architectural Style: Mediterranean
- Builder: Robert A Morris
- Exterior Const.: Block, Stucco
- Roof: Tile
- Common Walls: Corner Unit, End Unit
- Windows: Blinds
- Stories/Levels: One
- Square Feet: 2,024
- Sq. Ft. Source: Public Records
- Living Area: 2,024 Sq. Ft.
- Year Built: 2006
Lot Features
- Property View: Water
- Frontage: Street Paved
- Street/Road Desc.: Paved
Water Features
- Water Front: Yes
- Water View: Yes
- Water Access: Yes
- Water Access Desc: Brackish Water, River
- Water Front Name: PHILLIPPI RIVER
- Water Front Desc.: Waterfront, Intracoastal Waterway, River Front
Financial Considerations
- Assoc Fee Freq.: Quarterly
- Assoc Fee Desc.: Required
- Condo Fee: $2,800
- Condo Fee Freq: Quarterly
- Tax Amount: $7,506
- Tax Year: 2024
Disclosures and Reports
- Ownership: Condominium
- Special Conditions: None
- Legal Description: UNIT 201, PHILLIPPI LANDINGS B
- Flood Zone Info: X
- APN: 84082001
- Property ID: 84082001
Get Pre-Approved Today
Schools
Schools serving 5531 Cannes Cir #201
School District:Sarasota County School District
| Name | Grades | Distance |
|---|---|---|
Phillippi Shores Elementary School 4747 South Tamiami Trail, Sarasota, FL 34231 | PK-5 | 0.9 mi |
Riverview High School, Sarasota, FL 1 Ram Way, Sarasota, FL 34231 | 9-12 | 1 mi |
Brookside Middle School 3636 South Shade Avenue, Sarasota, FL 34239 | 6-8 | 1.9 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5531 Cannes Cir #201
Date
Details
Price
Change
Source
6/30/2025
Sold
$925,000
-5.52%
MLS
6/11/2025
Price Reduced
$979,000
-0.81%
MLS
5/08/2025
Listed
$987,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
5531 Cannes Cir #201, Sarasota, FL 34231 (MLS# A4651888) is a Condo property that was sold at $925,000 on June 30, 2025. This property was listed by Brandy Sheldon from our Sarasota Downtown Office.Want to learn more about 5531 Cannes Cir #201? Do you have questions about finding other Condo real estate for sale in Sarasota? You can browse all Sarasota real estate or contact a Coldwell Banker agent to request more information.



