Wake up every morning and retire each evening to expansive 5th floor views over Phillippi Creek and out to the Intracoastal, Siesta Key, and the Gulf, including magnificent sunset skies from your 29’x7’ covered and screened lanai. This 2 bedroom + den, 2 bath condo in the coveted waterfront building at Phillippi Landings has been lovingly cared for by a single owner since construction and features a soothing neutral palette. Stainless appliances in the kitchen, engineered wood flooring in the main living areas, primary bedroom and office, new carpet in the guest bedroom, and a stunning renovation of the guest bathroom combine to create an updated and clean aesthetic. The primary suite provides scenic views out to the lanai and beyond with south-facing windows and a glass French door. The second bedroom and multifunctional den area offer north-facing views with blue skies and greenery. Security and convenience is accomplished with impact windows, doors and sliders throughout, custom closets in the bedrooms, and an impressive outfitting of the entry closet to create an organized coat closet and “mud room” drop station. An ideally-located under building parking space and oversized storage locker complete this exciting offering. Phillippi Landings is a gated 10 acres of lushly landscaped grounds, boasting resort-style living with a grand heated pool, spa, clubhouse with catering kitchen, fitness center, dog park, and an area to store kayaks with a ramp into the Waterway. Whether you are looking to stay active or simply relax, this vibrant community has something for everyone. Only minutes from the world-famous Siesta Key beach & downtown Sarasota, this exceptional retreat is ideal for those who value a waterfront lifestyle, West of Trail convenience, and maintenance free living!
Sold for $622,000
$622,000
5531 CANNES CIRCLE #503, SARASOTA, FL 34231
2beds
1,706sqft
Condominium
Built in 2006
-- sqft lot
$586,200 Zestimate®
$365/sqft
$3,457 Estimated rent
Home value
$586,200
$528,000 - $651,000
$3,457/mo
Zestimate® history
Owner options
List your home for rent
$3,457/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$3,457/mo
Rent Zestimate®
Refinance and save
$4,934/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$4,934/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Scenic viewsCovered and screened lanaiGrand heated poolDog parkEngineered wood flooringSoothing neutral paletteCustom closets
Zillow last checked:
Listing updated:
Listed by:
Mackenzie Longueuil 941-961-4023,
MICHAEL SAUNDERS & COMPANY 941-951-6660
Bought with:
Non-Member Agent
STELLAR NON-MEMBER OFFICE
Source: Stellar MLS,MLS#: A4642617
Originating MLS: Sarasota - Manatee
Originating MLS: Sarasota - Manatee
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Features: Walk-In Closet(s)
- Level: First
- Area: 280 Square Feet
- Dimensions: 14x20
Bedroom 2
- Features: Built-in Closet
- Level: First
- Area: 156 Square Feet
- Dimensions: 12x13
Den
- Level: First
- Area: 117 Square Feet
- Dimensions: 9x13
Great room
- Level: First
- Area: 378 Square Feet
- Dimensions: 14x27
Kitchen
- Level: First
- Area: 135 Square Feet
- Dimensions: 15x9
Heating
- Central, Electric
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
- Laundry: Inside, Laundry Closet
Features
- Ceiling Fan(s), Open Floorplan, Primary Bedroom Main Floor, Thermostat, Walk-In Closet(s)
- Flooring: Carpet, Ceramic Tile, Engineered Hardwood
- Doors: Sliding Doors
- Windows: Storm Window(s)
- Has fireplace: No
Interior area
- Total structure area: 1,910
- Total interior livable area: 1,706 sqft
Property
Parking
- Parking features: Under Building
- Has attached garage: Yes
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Screened
- Exterior features: Lighting
- Spa features: Heated, In Ground
- Has view: Yes
- View description: Water, Bay/Harbor - Partial, Creek/Stream, Gulf/Ocean - Partial
- Has water view: Yes
- Water view: Water,Bay/Harbor - Partial,Creek/Stream,Gulf/Ocean - Partial
- Waterfront features: Waterfront, Creek, Creek Access
- Body of water: PHILLIPPI CREEK
Lot
- Features: In County, Near Marina
- Residential vegetation: Mature Landscaping, Oak Trees
Details
- Parcel number: 0084082021
- Zoning: RMF4
- Special conditions: None
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
Materials
- Block, Stucco
- Foundation: Other
- Roof: Concrete
Condition
- Completed
- New construction: No
- Year built: 2006
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected, Electricity Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Features: Water Access, Waterfront, Clubhouse, Community Mailbox, Deed Restrictions, Dog Park, Fitness Center, Pool
- Security: Gated Community
- Pet fee: $0 monthly
- Subdivision: PHILLIPPI LANDINGS
HOA
- Has HOA: No
- Amenities included: Cable TV, Clubhouse, Elevator(s), Fitness Center, Gated, Pool, Security, Spa/Hot Tub, Storage
- Services included: Cable TV, Common Area Taxes, Community Pool, Reserve Fund, Insurance, Maintenance Structure, Maintenance Grounds, Manager, Pool Maintenance, Private Road, Recreational Facilities, Security, Sewer, Trash, Water
- HOA fee: $933 monthly
Location
- Region: Sarasota
Financial & listing details
- Price per square foot: $365/sqft
- Tax assessed value: $517,200
- Annual tax amount: $4,250
- Date on market: 2/28/2025
- Cumulative days on market: 192 days
- Listing terms: Cash,Conventional
- Ownership: Condominium
- Total actual rent: 0
- Electric utility on property: Yes
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 4/3/2025 | Sold | $622,000-3.6%$365/sqft |
Source:  Stellar MLS #A4642617 Report a problem | ||
| 3/11/2025 | Pending sale | $645,000$378/sqft |
Source: Stellar MLS #A4642617 Report a problem | ||
| 2/28/2025 | Listed for sale | $645,000-0.6%$378/sqft |
Source: Stellar MLS #A4642617 Report a problem | ||
| 2/22/2025 | Listing removed | $649,000$380/sqft |
Source: Stellar MLS #A4620728 Report a problem | ||
| 11/13/2024 | Price change | $649,000-7.2%$380/sqft |
Source: Stellar MLS #A4620728 Report a problem | ||
| 8/20/2024 | Listed for sale | $699,000+2.9%$410/sqft |
Source: Stellar MLS #A4620728 Report a problem | ||
| 6/27/2006 | Sold | $679,400$398/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,410 +3.8% | $361,694 +2.9% |
| 2024 | $4,250 +4.1% | $351,500 +3% |
| 2023 | $4,083 +11% | $341,262 +10.7% |
| 2022 | $3,679 +0.2% | $308,313 +3% |
| 2021 | $3,672 -0.2% | $299,333 +1.4% |
| 2020 | $3,678 +3.2% | $295,200 +2% |
| 2019 | $3,563 | $289,400 -0.9% |
| 2018 | $3,563 -0.4% | $291,916 +2.1% |
| 2017 | $3,578 -1.5% | $285,912 -18.4% |
| 2016 | $3,631 | $350,200 +9.6% |
| 2015 | $3,631 +0.4% | $319,500 +17.5% |
| 2014 | $3,617 +0.1% | $271,800 |
| 2013 | $3,614 +1.8% | $271,800 +0.7% |
| 2012 | $3,551 -0.4% | $269,800 -1.9% |
| 2011 | $3,564 -19.2% | $275,000 -16.7% |
| 2010 | $4,410 -34% | $330,200 -11.6% |
| 2009 | $6,680 | $373,500 -30% |
| 2008 | $6,680 -10.3% | $533,600 -8% |
| 2007 | $7,448 | $580,000 |
Find assessor info on the county website
Neighborhood: South Sarasota
Nearby homes
- $649,0002 bd2 ba1.7k sqft5531 Cannes Cir APT 603, Sarasota, FL 34231For Sale
- $925,0003 bd2 ba2k sqft5531 Cannes Cir APT 201, Sarasota, FL 34231Sold
- $895,0002 bd2 ba1.7k sqft5531 Cannes Cir APT 704, Sarasota, FL 34231Sold
- $675,0002 bd2 ba1.7k sqft5531 Cannes Cir APT 802, Sarasota, FL 34231Sold
- $645,0002 bd2 ba1.7k sqft5531 Cannes Cir APT 605, Sarasota, FL 34231Sold
- $1,358,0004 bd3 ba2.5k sqft5531 Cannes Cir APT 801, Sarasota, FL 34231Sold
- $576,1002 bd2 ba1.7k sqft5531 Cannes Cir APT 602, Sarasota, FL 34231Off Market
- $631,2003 bd2 ba2k sqft5531 Cannes Cir APT 301, Sarasota, FL 34231Off Market
Nearby schools
GreatSchools rating
- 9/10Phillippi Shores Elementary SchoolGrades: PK-5Distance: 0.8 mi
- 6/10Brookside Middle SchoolGrades: 6-8Distance: 1.9 mi
- 7/10Riverview High SchoolGrades: PK,9-12Distance: 1 mi
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.
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
$586,200
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
$586,200
- Florida
- Sarasota County
- Sarasota
- 34231
- South Sarasota
- 5531 CANNES CIRCLE Unit 503
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Sarasota Topics
