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Sold for $925,000
  • $925,000

    5531 CANNES CIR #201, SARASOTA, FL 34231

    3beds
    2,024sqft
    Condominium
    Built in 2006
    -- sqft lot
    $888,800 Zestimate®
    $457/sqft
    $3,424 Estimated rent

    Home value

    $888,800

    $800,000 - $987,000

    $3,424/mo

    Zestimate® history
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    What's special

    Waterfront condoPrivate boat dock accessPrivate outdoor terracesCustom-built walnut entertainment centerCustom solid-walnut cabinetrySpacious primary suiteLarge screened patio
    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Brandy Sheldon 941-724-0469,

    COLDWELL BANKER REALTY 941-366-8070,

    Dyrk Dahl 941-320-7373,

    COLDWELL BANKER REALTY

    Bought with:

    Mike Fitzpatrick, III, 3604909

    PREMIER SOTHEBY'S INTERNATIONAL REALTY

    Source: Stellar MLS,MLS#: A4651888MLS LogoOriginating MLS: Sarasota - Manatee

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Primary bedroom
    • Description: Room3
    • Features: Walk-In Closet(s)
    • Level: First
    • Area: 252 Square Feet
    • Dimensions: 14x18
    Bedroom 2
    • Description: Room5
    • Features: Ceiling Fan(s), Built-in Closet
    • Level: First
    • Area: 110 Square Feet
    • Dimensions: 10x11
    Bedroom 3
    • Description: Room6
    • Features: Ceiling Fan(s), Built-in Closet
    • Level: First
    • Area: 180 Square Feet
    • Dimensions: 12x15
    Primary bathroom
    • Description: Room4
    • Features: Walk-In Tub
    • Level: First
    • Area: 99 Square Feet
    • Dimensions: 9x11
    Bathroom 2
    • Description: Room7
    • Features: Tub With Shower
    • Level: First
    • Area: 48 Square Feet
    • Dimensions: 6x8
    Balcony porch lanai
    • Description: Room10
    • Level: First
    • Area: 920 Square Feet
    • Dimensions: 20x46
    Balcony porch lanai
    • Level: First
    • Area: 375 Square Feet
    • Dimensions: 15x25
    Balcony porch lanai
    • Description: Room8
    • Features: Ceiling Fan(s)
    • Level: First
    • Area: 210 Square Feet
    • Dimensions: 14x15
    Kitchen
    • Description: Room1
    • Features: Ceiling Fan(s)
    • Level: First
    • Area: 220 Square Feet
    • Dimensions: 11x20
    Living room
    • Description: Room2
    • Features: Ceiling Fan(s)
    • Level: First
    • Area: 378 Square Feet
    • Dimensions: 14x27
    Heating
    • Electric
    Cooling
    • Central Air
    Appliances
    • Included: Convection Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Ice Maker, Microwave, Range, Range Hood, Refrigerator, Washer
    • Laundry: Inside, Laundry Closet
    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)
    • Flooring: Carpet, Marble
    • Doors: Sliding Doors
    • Windows: Blinds, Window Treatments, Hurricane Shutters/Windows
    • Has fireplace: No
    • Common walls with other units/homes: Corner Unit,End Unit
    Interior area
    • Total structure area: 2,243
    • Total interior livable area: 2,024 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Garage Door Opener, Ground Level, Guest, Open, Oversized, Under Building
    • Garage spaces: 1
    • Has uncovered spaces: Yes
    • Details: Garage Dimensions: 14x25
    Accessibility
    • Accessibility features: Accessible Approach with Ramp, Accessible Bedroom, Accessible Entrance, Accessible Full Bath, Accessible Hallway(s), Accessible Central Living Area
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Deck
    • Pool features: Deck, Gunite, Heated, Lighting, Outside Bath Access
    • Has spa: Yes
    • Spa features: Heated
    • Has view: Yes
    • View description: Water, Intracoastal Waterway, River
    • Has water view: Yes
    • Water view: Water,Intracoastal Waterway,River
    • Waterfront features: Waterfront, Intracoastal Waterway, River Front, Brackish Water Access, River Access
    • Body of water: PHILLIPPI RIVER
    Lot
    • Residential vegetation: Mature Landscaping
    Details
    • Parcel number: 0084082001
    • Zoning: RMF4
    • Special conditions: None

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Mediterranean
    • Property subtype: Condominium
    Materials
    • Block, Stucco
    • Foundation: Slab
    • Roof: Tile
    Condition
    • Completed
    • New construction: No
    • Year built: 2006
    Details
    • Builder model: Cannes
    • Builder name: Robert A Morris

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Connected, Electricity Connected, Fire Hydrant, Sewer Connected, Sprinkler Recycled, Water Connected

    Community & HOA

    Community
    • Features: Dock, Fishing, Water Access, Waterfront, Buyer Approval Required, Deed Restrictions, Fitness Center, Irrigation-Reclaimed Water, Park, Pool, Sidewalks, Wheelchair Access
    • Security: Fire Alarm, Fire Sprinkler System, Gated Community, Security Gate, Security Lights, Security System, Smoke Detector(s), Fire Resistant Exterior, Fire/Smoke Detection Integration, Lightning Protection System
    • Pet fee: $0 monthly
    • Subdivision: PHILLIPPI LANDINGS
    HOA
    • Has HOA: Yes
    • Amenities included: Cable TV, Clubhouse, Elevator(s), Fitness Center, Gated, Maintenance, Pool, Spa/Hot Tub
    • Services included: Cable TV, Common Area Taxes, Community Pool, Reserve Fund, Insurance, Maintenance Structure, Maintenance Grounds, Maintenance Repairs, Manager, Pest Control, Pool Maintenance, Private Road, Sewer, Trash, Water
    • HOA fee: $933 monthly
    • HOA name: Casey Condominium Management LLC
    • HOA phone: 941-922-3391
    Location
    • Region: Sarasota

    Financial & listing details

    • Price per square foot: $457/sqft
    • Tax assessed value: $687,700
    • Annual tax amount: $7,506
    • Date on market: 5/8/2025
    • Cumulative days on market: 194 days
    • Listing terms: Cash,Conventional
    • Ownership: Condominium
    • Total actual rent: 0
    • Electric utility on property: Yes
    • Road surface type: Paved

    Price history

    DateEventPrice
    6/30/2025Sold$925,000-5.5%$457/sqft
    Source: Stellar MLS #A4651888 Report a problem
    6/15/2025Pending sale$979,000$484/sqft
    Source: Stellar MLS #A4651888 Report a problem
    6/11/2025Price change$979,000-0.8%$484/sqft
    Source: Stellar MLS #A4651888 Report a problem
    5/8/2025Listed for sale$987,000$488/sqft
    Source: Stellar MLS #A4651888 Report a problem
    5/8/2025Listing removed$987,000$488/sqft
    Source: Stellar MLS #O6262091 Report a problem
    4/29/2025Price change$987,000-5.6%$488/sqft
    Source: Stellar MLS #O6262091 Report a problem
    4/7/2025Price change$1,045,000-4.6%$516/sqft
    Source: Stellar MLS #O6262091 Report a problem
    3/13/2025Price change$1,095,000-8.7%$541/sqft
    Source: Stellar MLS #O6262091 Report a problem
    2/22/2025Price change$1,199,000-4%$592/sqft
    Source: Stellar MLS #O6262091 Report a problem
    12/4/2024Listed for sale$1,249,000-10.7%$617/sqft
    Source: Stellar MLS #O6262091 Report a problem
    7/11/2024Listing removed$1,399,000$691/sqft
    Source: Stellar MLS #O6186349 Report a problem
    3/16/2024Listed for sale$1,399,000+59.9%$691/sqft
    Source: Stellar MLS #O6186349 Report a problem
    6/1/2022Sold$875,000+2.9%$432/sqft
    Source: Public Record Report a problem
    4/17/2022Pending sale$850,000$420/sqft
    Source: Stellar MLS #A4531494 Report a problem
    4/13/2022Listed for sale$850,000$420/sqft
    Source: Stellar MLS #A4531494 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$8,231 +9.6%$687,700 +9.3%
    2024$7,507 +3.4%$629,021 +3%
    2023$7,261 +87.7%$610,700 +90.4%
    2022$3,870 +0.2%$320,743 +3%
    2021$3,862 0%$311,401 +1.4%
    2020$3,863 +3.5%$307,102 +2.3%
    2019$3,732 $300,197 +1.9%
    2018$3,732 +2.2%$294,600 +2.1%
    2017$3,652 -1.4%$288,541 -22.7%
    2016$3,705 $373,200 +15.7%
    2015$3,705 +0.4%$322,500 +17.6%
    2014$3,691 +0.1%$274,300
    2013$3,688 +1.7%$274,300 +0.7%
    2012$3,625 -0.3%$272,300 -1.9%
    2011$3,637 -27.2%$277,500 -25%
    2010$4,993 -33.7%$370,200 -11.6%
    2009$7,532 $418,600 -30%
    2008$7,532 -10.1%$598,000 -8%
    2007$8,375 $650,000
    Find assessor info on the county website

    Neighborhood: South Sarasota

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Phillippi Shores Elementary
    • Middle: Brookside Middle
    • High: Riverview High

    Source: Stellar MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $888,800
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $888,800