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5531 Cannes Cir Unit 201

SARASOTA, FL 34231

3 beds
2 baths
2,024 sqft
$487 per sqft
2006 build
– on site

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.

Listing courtesy of STELLAR_MLS / COLDWELL BANKER REALTY

Last checked: Checking… • Last updated May 9, 2025 •

MLS# A4651888 —

The Building

Year Built:

2006
New Construction:

false
Builder Model:

Cannes
Builder Name:

Robert A Morris
Architectural Style:

Mediterranean
Construction Materials:

Block
Building Elevator:

true
Levels:

One
Stories Total:

8
Common Walls:

Corner Unit
Roof:

Tile
Foundation Details:

Slab
Window Features:

Blinds
Patio And Porch Features:

Deck
Security Features:

Fire Alarm
Accessibility Features:

Accessible Approach with Ramp
Floor Number:

2
Unit Number:

201
Building Area Total:

2243
Building Area Units:

Square Feet
Building Area Source:

Public Records

Interior

Interior Features:

Ceiling Fan(s)
Furnished:

Unfurnished
Flooring:

Carpet
Fireplace:

false

Room Dimensions

Living Area:

2024
Living Area Units:

Square Feet
Living Area Source:

Public Records

Location

Directions:

From Downtown Sarasota take Tamiami Trail South (US-41 S) to Phillippi Landings. Turn right onto Monte Carlo Dr. Gate Code required. Left onto Cannes Circle.
Latitude:

27.273699
Longitude:

-82.531942
Coordinates:

-82.531942, 27.273699

The Property

Parcel Number:

0084082001
Property Type:

Residential
Property Subtype:

Condominium
Property Condition:

Completed
Total Acres:

Non-Applicable
Zoning:

RMF4
Direction Faces:

South
View:

Water
View:

true
Exterior Features:

Sliding Doors
Vegetation:

Mature Landscaping
Water Source:

Public
Road Surface Type:

Paved
Road Frontage Type:

Street Paved
Flood Zone Code:

X
Additional Parcels:

false
Homestead:

true
Lease Restrictions:

true
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Lot:

201
Tax Legal Description:

UNIT 201, PHILLIPPI LANDINGS B
Tax Book Number:

39/20
Tax Annual Amount:

$7,506

Beds

Bedrooms Total:

3

Baths

Total Baths:

2
Total Baths:

2
Full Baths:

2

The Listing

Special Listing Conditions:

None
Home Warranty:

false

Heating & Cooling

Heating:

Electric
Heating:

true
Cooling:

Central Air
Cooling:

true

Utilities

Utilities:

Cable Connected
Sewer:

Public Sewer

Appliances

Appliances:

Convection Oven
Laundry Features:

Inside

Schools

Elementary School:

Phillippi Shores Elementary
Middle Or Junior School:

Brookside Middle
High School:

Riverview High

The Community

Subdivision Name:

PHILLIPPI LANDINGS
Senior Community:

false
Community Features:

Dock
Waterview:

Intracoastal Waterway
Waterview:

true
Water Access:

Brackish Water
Water Access:

true
Water Body Name:

PHILLIPPI RIVER
Waterfront:

true
Waterfront Features:

Waterfront
Spa:

true
Spa Features:

Heated
Pool Private:

false
Pool Features:

Deck
Pets Allowed:

Yes
Pet Restrictions:

Please see rules and regulations
# of Pets:

2
Max Pet Weight:

100
Association Amenities:

Cable TV
Association:

true
Association Fee Frequency:

Quarterly
Association Fee Includes:

Cable TV
Association Fee Requirement:

Required
Condo Fees:

2800
Condo Fees Term:

Quarterly
Monthly Condo Fee Amount:

933
Ownership:

Condominium
Association Approval Required:

true
Additional Water Information:

Boat docks can be purchased separately .Kayak launch.
Waterfront Feet Total:

100

Parking

Garage:

true
Attached Garage:

false
Garage Spaces:

1
Garage Dimensions:

14x25
Carport:

false
Covered Spaces:

1
Open Parking:

true
Parking Features:

Garage Door Opener

Monthly cost estimate

Asking price

$987,000

Expense	Monthly cost
Mortgage	$5,285
Taxes	$625
Insurance	$271
Utilities	$126 See report
Total	$6,307/mo.^*
	^*This is an estimate

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Sale history

Date	Event	Source	Price	% Change
5/8/25 May 8, 2025	Listed / Active	STELLAR_MLS	$987,000	12.8% (4.4% / YR)
4/29/25 Apr 29, 2025	Price Changed	STELLAR_MLS
4/7/25 Apr 7, 2025	Price Changed	STELLAR_MLS

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This condo located in Phillippe Park, South Sarasota, FL 34231 is currently for sale for $987,000. 5531 Cannes Cir Unit 201 is a 2,024 square foot condo with 3 beds and 2 baths that has been on Estately for 1 days. 5531 Cannes Cir Unit 201 is in the Phillippe Park neighborhood of South Sarasota and has a WalkScore® of 59, making it somewhat walkable. This condo is in the attendance area of Riverview High School, Brookside Middle School, and Phillippi Shores Elementary School.

Listing Courtesy of: STELLAR_MLS and COLDWELL BANKER REALTY.

Based on information from the My Florida Regional MLS DBA Stellar MLS 2025.

All information provided is deemed reliable but is not guaranteed and should be independently verified. Stellar MLS, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. Stellar MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. For any questions please call (407) 499-8911.