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Property Description
Waterfront luxury living with spectacular sunset views in the gated community of Phillippi Landings, offering boating access and a prime Sarasota location just minutes from Siesta Key Beach and downtown. This sixth-floor residence overlooks Phillippi Creek with glimpses of the Intracoastal Waterway and a peek of the Gulf from the private screened balcony. The 2-bedroom, 2-bath plus den floor plan features 10-foot ceilings, crown molding, and numerous upgrades including a newer A/C system, LG refrigerator, LG washer and dryer, KitchenAid dishwasher, Lumens ceiling fans, and upgraded lighting. The kitchen offers granite countertops, wood cabinetry, and stainless steel appliances, opening to the living area and screened balcony through 8-foot sliding doors for seamless indoor-outdoor living for relaxing or entertaining. The primary suite features wood flooring, two walk-in closets, and a spacious bath with dual vanities, garden tub, and walk-in shower. Residents enjoy resort-style amenities including a heated waterfront pool and spa, fitness center, clubhouse, kayak launch, dog park, and scenic boardwalk. High-end turnkey furnishings option available.
Full Property Details
Full Property Details for 5531 Cannes Cir #603
General
- Price: $649,000
- HOA FEE: $1,267/month
- HOA FEE FREQ.: Quarterly
- Taxes: $6,518 (2025)
- Status: Active
- Type: Condo
- Source: MidFloridaRegionalMLS
- MLS ID: A4685329
- Updated: 3/10/2026
- Added to Site: 5 day(s) ago
Rental Information
- Min. Lease: 3 Months
Interior
- Number of Rooms: 6
- Interior Features: Accessibility Features, Crown Molding
- Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Range Hood, Refrigerator, Washer
- Furnishings: Negotiable
- Flooring: Carpet, Ceramic Tile, Engineered Hardwood
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Laundry: Inside
Additional Information
- Shared Amenities: Fitness Center, Gated, Optional Additional Fees, Pool, Recreation Facilities, Spa/Hot Tub
- Security/Safety: Fire Sprinkler System, Gated Community, Security System, Smoke Detector(s)
Exterior
- Exterior Features: Balcony
- Deck/Patio: Covered, Enclosed, Rear Porch, Screened
- Porch/Patio/Deck: Covered, Enclosed, Rear Porch, Screened
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 1
- Covered Spaces: 1
- Parking Features: Ground Level, Open, Under Building
Location
- Area: 34231 - Sarasota/Gulf Gate Branch
- County: Sarasota
- Development Name: 34231 - Sarasota/Gulf Gate Branch
- Subdivision: PHILLIPPI LANDINGS
- Driving Directions: From US-41 turn West on Monte Carlo drive into Phillippi Landings use Guest (left) side enter gate code then follow around to the left to the second building on the left. Loads of guest parking in front go up elevator to 6th floor.
- Direction Faces: North
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: River, Water Access, Association Recreation - Owned, Buyer Approval Required, Clubhouse, Deed Restrictions, Dog Park, Fitness Center, Gated Community - No Guard, Pool, Sidewalks
- Optional Amenities: Fitness Center, Gated, Optional Additional Fees, Pool, Recreation Facilities, Spa/Hot Tub
- Assoc. Name: Perry Roberts
- Assoc. Fees Include: Cable TV, Common Area Taxes, Escrow Reserves Fund, Maintenance Structure, Maintenance Grounds, Manager, Pool Maintenance, Private Road, Recreational Facilities, Security, Sewer, Trash, Water
- Number of Pets: 2
- Pet Restrictions: County Leash Laws Apply - Please see Condo Docs for any additional restrictions.
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: BB/HS Internet Available, Cable Connected, Public
Structural Information
- Exterior Const.: Block
- Roof: Other, Tile
- Windows: Insulated Windows, Storm Window(s), Window Treatments
- Stories/Levels: One
- Square Feet: 1,706
- Sq. Ft. Source: Public Records
- Year Built: 2006
Lot Features
- Property View: Park/Greenbelt, Water
- Lot Size (Acres): 0.46
- Lot Size (Sq. Ft.): 20,134
- Lot Size: 20134
- Street/Road Desc.: Paved
Water Features
- Water Front: Yes
- Water View: Yes
- Water Access: Yes
- Water Access Desc: River
- Water Extras: Yes
- Water Front Desc.: River Front
Financial Considerations
- Condo Fee: $3,800
- Condo Fee Freq: Quarterly
- Tax Amount: $6,518.5
- Tax Year: 2025
Disclosures and Reports
- Ownership: Condominium
- Special Conditions: None
- Legal Description: UNIT 603, PHILLIPPI LANDINGS B
- Flood Zone Info: x
- APN: 84082027
- Property ID: 84082027
Listed by Albert Wooster & Company
Get Pre-Approved Today
Schools
Schools serving 5531 Cannes Cir #603
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 #603
Date
Details
Price
Change
Source
3/07/2026
Listed
$649,000
-9.23%
MLS
1/25/2023
Sold
$715,000
—
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 #603
Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,843
-12%
$507,900
-2%
2024
$6,618
-6%
$520,600
-7%
2023
$7,068
66%
$562,000
81%
2021
$4,258
-17%
$311,200
-30%
2022
$5,141
21%
$443,400
48%
2021
$4,258
5%
$299,400
2%
2019
$4,061
-13%
$293,500
-15%
2018
$4,671
20%
$343,700
10%
2017
$3,885
—
$311,925
2%
2016
$3,892
-2%
$305,509
1%
2015
$3,961
-10%
$303,385
1%
2014
$4,414
6%
$300,100
8%
2013
$4,178
—
$278,100
—
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 #603
5531 Cannes Circle #603, Sarasota, FL 34231 (MLS# A4685329) is a Condo property with 2 bedrooms and 2 full bathrooms. 5531 Cannes Circle #603 is currently listed for $649,000 and was received on March 07, 2026. Want to learn more about 5531 Cannes Circle #603? 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.

