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$699,900 Just Listed
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Property Description
Welcome to this fully updated Coastal Modern 2 bedroom + DEN , 2 bath dream WATERFRONT condo in sought-after gated Phillippi Landings! You'll enjoy gorgeous sunsets from your private screened-in balcony overlooking Phillippi Creek, the Intracoastal Waterway and a glimpse of the Gulf of Mexico just beyond. Starting with the kitchen, you'll be impressed by the quartz waterfall countertop, sleek appliances, crisp stylish cabinets, and a custom pantry with pull-out shelves. The primary bedroom enjoys beautiful waterfront views and a luxurious en-suite bathroom featuring a soaking tub, walk-in shower and dual sinks. The layout is designed for both entertaining and relaxation, secluding the guest bedroom and bathroom from the main living spaces offering privacy and separation for visitors. The den offers flexibility for adding more room for guests or as your home office. The open layout features engineered hardwood floors, crown molding, and updated designer lighting. Expansive windows frame spectacular, elevated water views right from the main living area and bedroom areas. Superbly located, you are just minutes from Sarasota's vibrant cultural hub, world-famous Siesta Key Beach, and an array of premier dining and shopping destinations. Enjoy the heated community pool, fitness center, and dog park. Plus, an on-site kayak launch, kayak storage, and a scenic walkway. As well as a dedicated side-gate entrance to the neighboring Phillippi Harbor marina for boating enthusiasts. Make this gem your home today!
Full Property Details
Full Property Details for 5531 Cannes Cir #403
General
- Price: $699,900
- HOA FEE: $1,220/month
- HOA FEE FREQ.: Quarterly
- Taxes: $676 (2025)
- Status: Active
- Type: Condo
- Source: MidFloridaRegionalMLS
- MLS ID: A4707218
- Updated: 9/30/2026
- Added to Site: 6 day(s) ago
Rental Information
- Min. Lease: 6 Months
Interior
- Number of Rooms: 7
- Interior Features: Ceiling Fan(s), Crown Molding, Living Room/Dining Room Combo, Stone Counters, Window Treatments
- Appliances: Built-In Oven, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer, Wine Refrigerator
- Furnishings: Unfurnished
- Flooring: Engineered Hardwood
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Laundry: Inside
Additional Information
- Shared Amenities: Elevator(s), Fitness Center, Gated, Pool, Recreation Facilities, Security
- Security/Safety: Gated Community
Exterior
- Exterior Features: Balcony, Lighting
- Deck/Patio: Rear Porch, Screened
- Porch/Patio/Deck: Rear Porch, Screened
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 1
- Covered Spaces: 1
- Parking Features: Assigned
Location
- Area: 34231 - Sarasota/Gulf Gate Branch
- County: Sarasota
- Development Name: 34231 - Sarasota/Gulf Gate Branch
- Subdivision: PHILLIPPI LANDINGS
- Driving Directions: From Stickney Point Rd., turn north on US 41. Turn left on Monte Carlo Dr. Go through guard gate and turn left on Cannes Circle, turn left on Cannes Circle to Building B (#5531). Use button #4 in Elevator.
- Direction Faces: Southwest
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: Canal Front, Waterfront, Buyer Approval Required, Clubhouse, Community Mailbox, Deed Restrictions, Dog Park, Fitness Center, Gated Community - No Guard, Pool
- Optional Amenities: Elevator(s), Fitness Center, Gated, Pool, Recreation Facilities, Security
- Association: Yes
- Assoc. Name: Civix Management
- Assoc. Fees Include: Cable TV, Common Area Taxes, Community Pool, Escrow Reserves Fund, Internet, Maintenance Structure, Maintenance Grounds, Pest Control, Recreational Facilities, Sewer, Trash, Water
- Number of Pets: 2
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water District: PHILLIPPI CREEK
- Water: Public
- Utility Description: Cable Connected
Structural Information
- Architectural Info: Mediterranean
- Architectural Style: Mediterranean
- Exterior Const.: Cement Siding, Stucco
- Roof: Concrete
- Stories/Levels: One
- Square Feet: 1,706
- Sq. Ft. Source: Public Records
- Year Built: 2006
Lot Features
- Property View: Water
- Lot Size (Acres): 0.46
- Lot Size (Sq. Ft.): 20,134
- Lot Size: 20134
- Street/Road Desc.: Asphalt
Water Features
- Water Front: Yes
- Water View: Yes
- Water Access: Yes
- Water Access Desc: Intracoastal Waterway
- Water Extras: Yes
- Water Front Name: PHILLIPPI CREEK
- Water Front Desc.: Canal Front, Waterfront, Creek
Financial Considerations
- Assoc Fee Freq.: Quarterly
- Assoc Fee Desc.: Required
- Condo Fee: $3,660
- Condo Fee Freq: Quarterly
- Tax Amount: $676
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: UNIT 403, PHILLIPPI LANDINGS B
- Flood Zone Info: X500
- APN: 84082015
- Property ID: 84082015
Listed by White Sands Realty Group Fl
Get Pre-Approved Today
Schools
Schools serving 5531 Cannes Cir #403
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 ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5531 Cannes Cir #403
Date
Details
Price
Change
Source
9/27/2026
Listed
$699,900
72.81%
MLS
6/30/2017
Sold
$405,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 5531 Cannes Cir #403
Year
Property Taxes
Change
Tax Assessment
Change
2025
$676
-88%
$493,800
-2%
2024
$5,840
—
$506,400
-7%
2023
$5,852
43%
$546,300
81%
2021
$4,092
-17%
$302,600
-30%
2022
$4,953
21%
$431,000
70%
2021
$4,092
37%
$253,695
2%
2019
$2,986
3%
$247,991
2%
2018
$2,911
-10%
$243,367
-6%
2017
$3,225
—
$259,402
2%
2016
$3,233
-2%
$254,067
1%
2015
$3,289
—
$252,301
1%
2014
$3,276
—
$250,299
2%
2013
$3,272
—
$246,600
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5531 Cannes Cir #403
5531 Cannes Circle #403, Sarasota, FL 34231 (MLS# A4707218) is a Condo property with 2 bedrooms and 2 full bathrooms. 5531 Cannes Circle #403 is currently listed for $699,900 and was received on September 27, 2026. Want to learn more about 5531 Cannes Circle #403? 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.

