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Off market
  • $561,900

    5531 Cannes Cir APT 502, Sarasota, FL 34231

    2beds
    1,720sqft
    Condominium
    Built in 2006
    1,742 Square Feet Lot
    $561,900 Zestimate®
    $327/sqft
    $2,479 Estimated rent

    Home value

    $561,900

    $517,000 - $612,000

    $2,479/mo

    Zestimate® history
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    $4,144/mo

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    What's special

    Welcome Home to your new luxury residence with gorgeous waterfront views. Feel the tranquility wash over you as you enter the property's gated entrance flanked by mature trees and gorgeous tropical landscaping spread across 10 beautiful waterfront acres. You enjoy an assigned parking spot in the under-building garage that is accompanied by a generous private storage closet. The luxury continues as you enter the elevator that will deliver you directly into the foyer of your 5th floor paradise!! A beautiful, freshly re-painted, 2/2 + den condo that has been meticulously maintained by the owners and upgraded with only the finest finishes. Enjoy a nice cup of coffee on your covered and screened terrace overlooking the peaceful Phillippi Creek while enjoying the amazing sunrises or perhaps read a nice book in the inviting den. This home features generous sized rooms and high ceilings. The Primary Bedroom is oversized and offers gorgeous views of the waterfront. The highly functional kitchen featuring granite counters and has been freshly updated with newly painted cabinets and new stainless appliances. The flooring has been updated with fresh carpeting in the bedrooms and wood flooring in the living spaces. Nice tile flooring can be found in the bathrooms. New Plantation shutters and upgraded light fixtures add to the elegance of this residence, that could be yours if you hurry!! Located minutes away from everything Sarasota has to offer, this home offers it all. Whether it be Siesta Key Beach or the Van Wezel Performing Arts Center or the Ringling Museum or the Asolo, or the Sarasota Opera House, or maybe you just enjoy first class shopping and dining. This is a residence checks all the boxes. The community features a large clubhouse and relaxing pool. If boating is your thing, private docks are available for purchase as well. This home has been priced to sell, so make your appointment and schedule your private showing today!

    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: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Other, Electric
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Freezer, Garbage disposal, Microwave, Range / Oven, Refrigerator, Washer
    • Laundry: Inside
    Features
    • Ceiling Fans(s), High Ceiling(s), Open Floorplan, Split Bedroom, Stone Counters, Walk-In Closet(s), Crown Molding, Solid Wood Cabinets, Thermostat, Elevator, Living Room/Dining Room Combo, Window Treatments, Coffered Ceiling(s)
    • Flooring: Tile, Carpet
    • Windows: Window Treatments, Shutters
    Interior area
    • Structure area source: Public Records
    • Total interior livable area: 1,720 sqft

    Property

    Parking
    • Total spaces: 1
    Features
    • Levels: Three Or More
    • Exterior features: Stucco
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    • Waterfront features: Canal - Saltwater, Canal - Brackish, Creek, Brackish Water
    • Body of water: PHILLIPPI CREEK
    Lot
    • Size: 1,742 Square Feet
    Details
    • Parcel number: 0084082020
    • Zoning: RMF4

    Construction

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

    Utilities & green energy

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

    Community & HOA

    Community
    • Security: Secured Garage / Parking, Fire Sprinkler System, Gated Community
    • Subdivision: Phillippi Landings
    HOA
    • Has HOA: Yes
    • Services included: Maintenance Grounds, Recreational Facilities, Security, Trash, Cable TV, Insurance, Maintenance Exterior, Sewer, Water, Private Road, Escrow Reserves Fund, Manager
    • HOA fee: $500 monthly
    Location
    • Region: Sarasota

    Financial & listing details

    • Price per square foot: $327/sqft
    • Tax assessed value: $503,500
    • Annual tax amount: $6,453
    • Listing terms: Cash, Conventional
    • Ownership: Condominium

    Price history

    DateEventPrice
    3/26/2021Sold$469,000$273/sqft
    Source: Stellar MLS #A4491692 Report a problem
    2/19/2021Pending sale$469,000$273/sqft
    Source: FINE PROPERTIES #A4491692 Report a problem
    2/19/2021Listed for sale$469,000$273/sqft
    Source: FINE PROPERTIES #A4491692 Report a problem
    2/19/2021Pending sale$469,000$273/sqft
    Source: Stellar MLS #A4491692 Report a problem
    2/17/2021Listed for sale$469,000+25.4%$273/sqft
    Source: Stellar MLS #A4491692 Report a problem
    12/7/2018Sold$374,000-6.5%$217/sqft
    Source: Stellar MLS #A4412692 Report a problem
    9/7/2018Listed for sale$399,900-45.5%$233/sqft
    Source: SARASOTA HOME REALTY #A4412692 Report a problem
    7/26/2014Listing removed$1,800$1/sqft
    Source: SARASOTA HOME REALTY (281520665) #A4102138 Report a problem
    7/19/2014Listed for rent$1,800+9.1%$1/sqft
    Source: SARASOTA HOME REALTY #A4102138 Report a problem
    9/7/2012Listing removed$1,650$1/sqft
    Source: CASEY REALTY CORPORATION #A3961419 Report a problem
    8/25/2012Listed for rent$1,650$1/sqft
    Source: CASEY REALTY CORPORATION #A3961419 Report a problem
    6/30/2006Sold$733,700$427/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,453 -1.4%$503,500 -2.3%
    2024$6,546 -0.8%$515,400 +6.6%
    2023$6,600 +17.1%$483,560 +10%
    2022$5,637 +54.4%$439,600 +47.4%
    2021$3,650 -0.2%$298,319 +1.4%
    2020$3,657 -8.3%$294,200 +2%
    2019$3,989 $288,400 -21.4%
    2018$3,989 -19.4%$366,900 -0.9%
    2017$4,952 +6.8%$370,100 +5.7%
    2016$4,639 $350,200 +9.6%
    2015$4,639 +7.6%$319,500 +17.6%
    2014$4,309 +5.7%$271,700
    2013$4,078 +1.6%$271,700 +0.7%
    2012$4,012 -0.1%$269,700 -1.9%
    2011$4,018 -25.9%$274,900 -25.7%
    2010$5,421 -31.7%$370,200 -11.6%
    2009$7,933 $418,600 -30%
    2008$7,933 -8.2%$598,000 -8%
    2007$8,639 $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: The 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
    $561,900
    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
    $561,900