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Sold for $625,000
  • $625,000

    5591 Cannes Cir APT 503, Sarasota, FL 34231

    2beds
    1,706sqft
    Condominium
    Built in 2006
    -- sqft lot
    $561,500 Zestimate®
    $366/sqft
    $3,510 Estimated rent

    Home value

    $561,500

    $517,000 - $606,000

    $3,510/mo

    Zestimate® history
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    What's special

    Private boat slipsGulf of mexicoSeasonal farmhouse marketReading nookCrown moldingUpdated kitchenDual vanities
    Significant Price Adjustment! Living on Phillippi Creek offers a relaxed and luxurious lifestyle, where you can escape the hustle and bustle of the city and enjoy a slower pace of life. You'll be part of a vibrant and diverse community of residents who value the natural beauty and peacefulness of the area. Recently updated 5th Floor condo with a view of Phillippi Creek and overlooks the resort style heated pool and spa. This luxury waterfront condo with 2 bedrooms plus a den offers a modern, open-concept living space that is perfect for entertaining. The den in this condo could be used as a home office, a reading nook, or even a guest room. The oversized balcony, is where you can enjoy the outdoor views and fresh air comfortably and adds an additional living space and entertainment area. Foyer entry is accented with tray ceiling, including crown molding and new lighting fixtures throughout. Updated kitchen with white cabinetry, sparkling quartz counters, backsplash as well as newer stainless steel appliances, closet pantry and laundry closet. The spacious master suite has two large walk-in closets, bathroom designed with dual vanities and a soaking tub as well as a separate glass enclosed shower. Built in 2006 this building includes Hurricane rated windows and doors, fire protection sprinkler system and smoke detectors. Phillippi Landings sits on a gated, secluded 10 acre enclave surrounded by expansive grounds with majestic oaks, 1200 feet of natural waterfront with private lighted promenade and a fenced dog park. Sparkling heated pool with fountains and a spacious jetted spa. The pool sundeck has umbrella tables, lounges and comfortable seating on shaded patios and a built-in BBQ area for outdoor cookouts. The community Clubhouse is furnished with game tables, a residents' bar and media lounge with catering facilities. Under building assigned parking with additional guest parking available. The Fitness Center in a dedicated building with state-of-the art equipment. Kayak launching area and private boat slips with quick access to Sarasota Bay and Gulf of Mexico are optional. This Phillippi Creek location puts you close to many of Sarasota's top attractions, including all Siesta Key beaches, area restaurants, shopping centers, adjacent to Phillippi Park with a seasonal Farmhouse Market and A-rated Sarasota Memorial Hospital with a new Heart & Cancer Center. Just a short drive across the Ringling Bridge to St. Armand's Circle and Lido Beach. This luxury condo on Phillippi Creek can be a great investment opportunity, as the area is in high demand and the real estate market is thriving. You'll be able to enjoy a high-quality lifestyle while also making a smart financial decision. Water heater MARCH 2023; A/C 5/2023 Make an offer!

    Zillow last checked:

    Listing updated:

    Listed by:

    Midge McCarthy 941-809-3800,

    RE/MAX PLATINUM REALTY 941-929-9090

    Bought with:

    Robert Sherman, 3099603

    PREMIER SOTHEBY'S INTERNATIONAL REALTY

    Source: Stellar MLS,MLS#: A4583999MLS LogoOriginating MLS: Sarasota - Manatee

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Rooms
    • Room types: Den/Library/Office
    Primary bedroom
    • Description: Room1
    • Features: Walk-In Closet(s)
    • Level: First
    • Dimensions: 14.4x20.8
    Bedroom 2
    • Description: Room2
    • Level: First
    • Dimensions: 12.3x13.5
    Balcony porch lanai
    • Description: Room5
    • Level: First
    • Dimensions: 29.4x9
    Den
    • Description: Room3
    • Level: First
    • Dimensions: 9x13.5
    Great room
    • Description: Room4
    • Level: First
    • Dimensions: 14.3x26.8
    Kitchen
    • Level: First
    • Dimensions: 13x12
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Disposal, Microwave, Range, Refrigerator, Washer
    • Laundry: Inside, Laundry Closet
    Features
    • Ceiling Fan(s), Crown Molding, Eating Space In Kitchen, High Ceilings, Living Room/Dining Room Combo, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Stone Counters, Walk-In Closet(s)
    • Flooring: Carpet, Ceramic Tile
    • Doors: Sliding Doors
    • Windows: Blinds, Storm Window(s), Window Treatments
    • Has fireplace: No
    Interior area
    • Total structure area: 1,910
    • Total interior livable area: 1,706 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Assigned, Deeded, Ground Level, Guest, Under Building
    • Attached garage spaces: 1
    Features
    • Levels: One
    • Stories: 1
    • Exterior features: Balcony, Dog Run, Sidewalk, Storage
    • Pool features: Heated
    • Has spa: Yes
    • Spa features: Heated
    • Has view: Yes
    • View description: Pool, Trees/Woods, Water, Creek/Stream
    • Has water view: Yes
    • Water view: Water,Creek/Stream
    • Waterfront features: Creek Access
    Lot
    • Features: In County
    • Residential vegetation: Trees/Landscaped
    Details
    • Parcel number: 0084085021
    • Zoning: RMF4
    • Special conditions: None

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Mediterranean
    • Property subtype: Condominium
    Materials
    • Block, Concrete, Stucco
    • Foundation: Slab
    • Roof: Concrete
    Condition
    • New construction: No
    • Year built: 2006

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Connected, Public

    Community & HOA

    Community
    • Features: Buyer Approval Required, Clubhouse, Deed Restrictions, Fitness Center, Pool, Sidewalks
    • Pet fee: $0 monthly
    • Subdivision: PHILLIPPI LANDINGS E
    HOA
    • Has HOA: No
    • Amenities included: Clubhouse, Fitness Center, Gated, Maintenance, Pool, Vehicle Restrictions
    • Services included: Community Pool, Reserve Fund, Maintenance Structure, Maintenance Grounds, Manager, Pool Maintenance, Private Road
    • HOA fee: $1,028 monthly
    • HOA name: Casey Management
    • HOA phone: 800-237-3628
    Location
    • Region: Sarasota

    Financial & listing details

    • Price per square foot: $366/sqft
    • Tax assessed value: $482,000
    • Annual tax amount: $4,561
    • Date on market: 10/13/2023
    • Cumulative days on market: 126 days
    • Listing terms: Cash,Conventional
    • Ownership: Condominium
    • Total actual rent: 0
    • Road surface type: Asphalt

    Price history

    DateEventPrice
    4/1/2024Sold$625,000-3.5%$366/sqft
    Source: Stellar MLS #A4583999 Report a problem
    2/17/2024Pending sale$648,000$380/sqft
    Source: Stellar MLS #A4583999 Report a problem
    2/16/2024Price change$648,000-0.2%$380/sqft
    Source: Stellar MLS #A4583999 Report a problem
    1/31/2024Price change$649,000-2.1%$380/sqft
    Source: Stellar MLS #A4583999 Report a problem
    1/22/2024Price change$663,000-0.7%$389/sqft
    Source: Stellar MLS #A4583999 Report a problem
    1/9/2024Price change$668,000-0.1%$392/sqft
    Source: Stellar MLS #A4583999 Report a problem
    10/13/2023Listed for sale$669,000+2.9%$392/sqft
    Source: Stellar MLS #A4583999 Report a problem
    8/1/2023Listing removed--
    Source: Stellar MLS #A4557014 Report a problem
    5/23/2023Price change$649,999-3.5%$381/sqft
    Source: Stellar MLS #A4557014 Report a problem
    4/28/2023Price change$673,900-0.1%$395/sqft
    Source: Stellar MLS #A4557014 Report a problem
    4/10/2023Price change$674,900-2.2%$396/sqft
    Source: Stellar MLS #A4557014 Report a problem
    3/25/2023Price change$689,900-1.4%$404/sqft
    Source: Stellar MLS #A4557014 Report a problem
    3/1/2023Price change$699,999-2.8%$410/sqft
    Source: Stellar MLS #A4557014 Report a problem
    1/12/2023Listed for sale$720,000+80.5%$422/sqft
    Source: Stellar MLS #A4557014 Report a problem
    3/29/2016Sold$399,000-5.9%$234/sqft
    Source: Public Record Report a problem
    10/26/2015Listed for sale$424,000+54.2%$249/sqft
    Source: KEY REALTY #A4135368 Report a problem
    12/14/2011Sold$275,000-8%$161/sqft
    Source: Stellar MLS #A3948880 Report a problem
    11/16/2011Listed for sale$299,000$175/sqft
    Source: Michael Saunders & Company - Licensed Real Estate Broker Report a problem
    11/15/2011Pending sale$299,000$175/sqft
    Source: Michael Saunders & Company - Licensed Real Estate Broker Report a problem
    9/23/2011Price change$299,000-8%$175/sqft
    Source: Michael Saunders & Company - Licensed Real Estate Broker Report a problem
    9/17/2011Listed for sale$325,000-34.8%$191/sqft
    Source: Michael Saunders & Company - Licensed Real Estate Broker Report a problem
    11/9/2006Sold$498,100$292/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,944 -32.8%$321,119 -16.4%
    2024$5,866 +16.6%$384,260 +10%
    2023$5,030 +10.2%$349,327 +10%
    2022$4,562 +14.5%$317,570 +10%
    2021$3,985 +1.9%$288,700 +4%
    2020$3,910 +4.4%$277,700 +3.6%
    2019$3,745 $268,000 -9.1%
    2018$3,745 -7.8%$294,800 -6%
    2017$4,063 +2.5%$313,700 +1.4%
    2016$3,965 $309,500 +9.6%
    2015$3,965 $282,400 +38.3%
    2014$3,965 +24.8%$204,200
    2013$3,177 +1.8%$204,200 +1%
    2012$3,121 -0.1%$202,200 -1.9%
    2011$3,125 -1.6%$206,100 -13.8%
    2010$3,175 -39.9%$239,200 -11.6%
    2009$5,279 $270,500 -30%
    2008$5,279 -8%$386,400 -8%
    2007$5,736 $420,000
    Find assessor info on the county website

    Neighborhood: South Sarasota

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $561,500
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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
    $561,500