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5531 Cannes Cir # 201, Sarasota, FL 34231

$987,000

Mediterranean-style building with water views and private boat docks, surrounded by lush landscaping and palm trees at 5531 Cannes Cir # 201, Sarasota, FL 34231
  • Bedrooms

    3

  • Baths

    2

  • Sq. Feet

    2024

  • Year Built

    2006

  • Days On Market

    1

  • $/SqFt

    $488

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Home Description

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.

  • MLS #: A4651888
  • Address: 5531 Cannes Cir # 201
  • Unit Num: 201
  • Levels: One
  • City: Sarasota
  • Zip: 34231
  • County: Sarasota
  • Subdivision: Phillippi Landings
  • Community Features: Buyer Approval Required,Deed Restrictions,Fitness Center,Irrigation-Reclaimed Water,Park,Pool,Sidewalks,Wheelchair Access
  • Elementary School: Phillippi Shores Elementary
  • Middle School: Brookside Middle
  • High School: Riverview High
  • Private Pool: False
  • Pool Features: Deck,Gunite,Heated,Lighting,Outside Bath Access
  • Spa Features: Heated
  • Water View: Intracoastal Waterway,River
  • Water Name: PHILLIPPI RIVER
  • Water Frontage: Intracoastal Waterway,River Front
  • Water Feet: 100
  • Water Access: Brackish Water,River
  • Interior Features: Ceiling Fans(s),Eat-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),Window Treatments
  • Appliances: Convection Oven,Dishwasher,Disposal,Dryer,Electric Water Heater,Exhaust Fan,Ice Maker,Microwave,Range,Range Hood,Refrigerator,Washer
  • Floor Covering: Carpet,Marble
  • Kitchen Features: Ceiling Fan(s)
  • Living Room Features: Ceiling Fan(s)
  • Primary Bathroom Features: Walk-In Tub
  • Bathroom 2 Features: Tub With Shower
  • Balcony/Porch/Lanai Features: Ceiling Fan(s)
  • Architectural Style: Mediterranean
  • Exterior Features: Sliding Doors
  • Exterior Contruction: Block,Stucco
  • Foundation: Slab
  • Front Exposure: South
  • Roof: Tile
  • Building Sqft: 2243

Available now at $987,000

Approximate Room Sizes / Descriptions

Kitchen11x20FirstVinyl
Living Room14x27FirstVinyl
Primary Bathroom9x11FirstTile
Bathroom 26x8FirstTile
Balcony/Porch/Lanai14x15FirstConcrete
Balcony/Porch/Lanai20x46FirstConcrete
Balcony/Porch/Lanai15x25FirstConcrete
Primary Bedroom14x18FirstCarpet
Bedroom 210x11FirstCarpet
Bedroom 312x15FirstCarpet
  • Attached Garage: False
  • Garage: True
  • Garage Spaces: 1
  • Garage Feature: Basement,Garage Door Opener,Ground Level,Guest,Open,Oversized
  • Carport: False
  • Carport Spaces: 0
  • Air Conditioning: Central Air
  • Heating: Electric
  • Utilities: Cable Connected,Electricity Connected,Fire Hydrant,Sewer Connected,Sprinkler Recycled,Water Connected
  • Lot Sqft: 0.00
  • Lot Acres: 0.0000
  • Total Acre: Non-Applicable
  • Lot Num: 201
  • HOA/Community Assoc: Required
  • Senior Community: False
  • Style: Condominium
  • Property Desc: Corner Unit,End Unit
  • Location: Paved
  • Disaster Mitigation: Fire Resistant Exterior,Fire/Smoke Detection Integration,Hurricane Shutters/Windows,Lightning Protection System
  • Monthly Maintenance: $0
  • Maintenance Includes: Cable TV,Common Area Taxes,Escrow Reserves Fund,Insurance,Maintenance,Maintenance Grounds,Maintenance Structure,Management,Pest Control,Pool,Private Road,Sewer,Trash,Water
  • Monthly Condo Maintenance Fee: $933
  • Building Num Floors: 8
  • Building Name Number: 5531
  • Condo Floor Number: 2
  • Pets Allowed: Yes
  • Pet Restrictions: Please see rules and regulations
  • Num Pets: 2
  • Max Pet Weight: 100
  • : 941-366-8070

Neighborhood

The average asking price of a 3 bedroom Sarasota condo in this zip code is $712,325 (27.8% less than this home).

This condo is priced at $488/sqft, which is 15.4% less than similar condos in the 34231 zip code.

Potential Great Value

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Financial

  • Approx Payment:$4,801*
  • Taxes:$7,506

Area Stats

These statistics are updated daily from the My Florida Regional MLS. For further analysis or to obtain statistics not shown below please call EasyStreet Realty at (727) 479-6413 and speak with one of our real estate consultants.

Listing Courtesy of COLDWELL BANKER REALTY. For information or to schedule a viewing of this property (MLS# A4651888), call: 727-479-6413

5531 Cannes Cir # 201, Sarasota FL is a condo of 2024 sqft and is currently priced at $987,000 . This condo has 3 bedrooms. A comparable condo for sale at 1532 Pelican Point Dr # Ba139 in Sarasota is listed at $499,800. In addition to condos, EasyStreet also makes it easy to find Homes, Condos, New Homes and Foreclosures in Sarasota, FL. Phillippi Gardens, Esplanade By Siesta Key and The Landings are nearby neighborhoods. MLS A4651888 has been posted on this site since 5/9/2025 (today).

2025 5/9/2025.

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