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Off market
  • $740,000

    5531 Cannes Cir APT 501, Sarasota, FL 34231

    3beds
    2,024sqft
    Condominium
    Built in 2006
    0.46 Acres Lot
    $740,000 Zestimate®
    $366/sqft
    $3,202 Estimated rent

    Home value

    $740,000

    $681,000 - $807,000

    $3,202/mo

    Zestimate® history
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    What's special

    A rarely available & coveted, 3-bedroom corner unit overlooking the Phillippi Creek water from the 5th story. Take in the panoramic views from the patio and master bedroom, watching bird and marine life and the unbeatable sunsets as you look out over the Intra-coastal Waterway, Phillippi Creek and Siesta Key. This split-plan lives like a home and has been impeccably upgraded boasting TRAVERTINE flooring and crown molding throughout. At just over 2,000 sq. ft, this residence enjoys an open floor plan with a great room, an abundance of windows allowing relaxing natural light. The happy kitchen functions beautifully for the cook with upgraded stainless steel LG double-oven, dishwasher, French door refrigerator and granite countertops. The south-facing patio over the creek is perfect for coffee in the mornings and prime real estate for sunset cocktails. A/C replaced June 2017. A quick elevator ride to the securely gated garage area and you will find your deeded over-sized 1 car garage. This special 10-acre resort property is located just south of The Landings, and is a 24 hour gated community. Enjoy the resort like lifestyle with their kayak launch, community pool and fitness room amenities which include a clubhouse with catering kitchen. You will love this peaceful, tasteful lifestyle right in middle Sarasota, so close to Siesta Key, restaurants and 10 min to downtown. Take the Walk Thru tour link for a preview!

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Originating MLS: Sarasota - Manatee

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Other, Electric
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Garbage disposal, Microwave, Range / Oven, Refrigerator, Washer
    • Laundry: Inside, Laundry Closet
    Features
    • Ceiling Fans(s), Split Bedroom, Stone Counters, Walk-In Closet(s), Crown Molding, Solid Wood Cabinets, Living Room/Dining Room Combo, Window Treatments, Tray Ceiling(s)
    • Flooring: Carpet
    • Windows: Blinds, Drapes
    Interior area
    • Total interior livable area: 2,024 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Garage - Detached
    Features
    • Levels: One
    • Exterior features: Stucco
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    • Waterfront features: Creek
    • Body of water: PHILLIPPI CREEK
    Lot
    • Size: 0.46 Acres
    Details
    • Parcel number: 0084082019
    • Zoning: RMF4

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Condominium
    Materials
    • concrete
    • Foundation: Piling
    • Roof: Tile
    Condition
    • Completed
    • Year built: 2006

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected, Sewer Connected, BB/HS Internet Available, Water Connected

    Community & HOA

    Community
    • Subdivision: Phillippi Landings
    HOA
    • Has HOA: Yes
    • Services included: Community Pool, Maintenance Grounds, Security, Trash, Cable TV, Common Area Taxes, Insurance, Maintenance Exterior, Pest Control, Pool Maintenance, Sewer, Water, Private Road, 24-Hour Guard, Fidelity Bond
    • HOA fee: $666 monthly
    Location
    • Region: Sarasota

    Financial & listing details

    • Price per square foot: $366/sqft
    • Tax assessed value: $599,700
    • Annual tax amount: $6,696
    • Listing terms: Cash, Conventional
    • Ownership: Condominium

    Price history

    DateEventPrice
    10/8/2020Sold$555,000-1.8%$274/sqft
    Source: Stellar MLS #A4478127 Report a problem
    9/29/2020Pending sale$565,000$279/sqft
    Source: PREFERRED SHORE #A4478127 Report a problem
    9/14/2020Listed for sale$565,000+71.2%$279/sqft
    Source: PREFERRED SHORE #A4478127 Report a problem
    2/16/2011Sold$330,000-51.5%$163/sqft
    Source: Public Record Report a problem
    5/19/2008Listing removed$680,000$336/sqft
    Source: Homes & Land #380502 Report a problem
    4/18/2008Listed for sale$680,000-17.2%$336/sqft
    Source: Homes & Land #380502 Report a problem
    6/19/2006Sold$821,200$406/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,696 +3.6%$559,260 +2.9%
    2024$6,465 +3.6%$543,499 +3%
    2023$6,241 +2.1%$527,669 +3%
    2022$6,114 +2.4%$512,300 +14.3%
    2021$5,970 +2.8%$448,100 +5%
    2020$5,810 +2.8%$426,700 +2%
    2019$5,654 $418,300 +2.4%
    2018$5,654 +2.4%$408,500 -8.1%
    2017$5,520 +2.7%$444,300 +3.6%
    2016$5,373 $429,000 +15.7%
    2015$5,373 +7.6%$370,800 +17.6%
    2014$4,991 +5.7%$315,400
    2013$4,724 +1.5%$315,400 +0.6%
    2012$4,652 -0.1%$313,400 -1.9%
    2011$4,657 -20%$319,400 -19.3%
    2010$5,821 -31.6%$395,700 -11.6%
    2009$8,508 $447,600 -30%
    2008$8,508 -8.2%$639,400 -8%
    2007$9,263 $695,000
    Find assessor info on the county website

    Neighborhood: South Sarasota

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $740,000
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $740,000