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5531 Cannes Cir , #201

Sarasota, FL 34231
  • $1,045,000
  • STATUS: Active
  • ON SITE: 138 Days
  • ID#: O6262091
UPDATED: 47 min ago
$1,045,000
  • 3
    BEDS
  • N/A
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 2,024
    SQFT
  • $516
    $/SQFT
Neighborhood:
Type:
Condo
Built:
2006
County:

School Information

Elementary School:
Middle School:
High School:

Description

**MAJOR PRICE REDUCTION** OVER $150,000** Prime Waterfront location 3-bedroom 2-bath 2,024 square foot condo in resort like setting of Phillippi Landings. Boater's dream with private boat docks available! Completely renovated and updated in 2022/23 from top to bottom with no expense spared by an award-winning design team. This corner/end unit is one of the largest and best situated in the complex. Enjoy panoramic water views from three sides of this gorgeous modern condo, enjoy the views and convenience of being on the water without the fear or expense of being in a flood zone. This Design Masterpiece boast imported Legno Bastone wide-plank, black walnut, and marble floors. Custom solid-walnut cabinets, stone agate counter tops, and European designer fixtures and lighting. Expansive bay windows grace the kitchen / desk and living room areas. All windows are equipped with Hunter Douglas electric blinds / shades with black-out in bedrooms. Ten-foot ceilings and eight-foot solid core doors throughout. Gourmet kitchen featuring professional grade Thermador appliances, including two 30-inch refrigerators w/freezer, built-in microwave and oven, and convection cooktop. Master bed and bath includes spacious walk-in dressing room and closet with custom built-in cabinets, separate his / her vanities, soaking tub, shower, and enclosed toilet. Custom designed and built walnut entertainment center with 65" flat-screen TV and electric fireplace. In addition to the spacious interior, this unit is one of only two in the building to have a large, screened patio plus 2,000 square feet of additional private outdoor waterfront terraces. These two expansive terraces provide ample areas for sun or shade and cool breezes off the water for relaxation and added privacy throughout the day. Designer furniture and furnishings are available for additional consideration. Ample parking including a private oversized one-car garage under the building with electricity and room for bike storage, workbench and more. The elevator and stairs are located close to the condo entrance. Nothing was overlooked during the renovation, including a new 6-ton HVAC roof-top unit and interior air handler, complete water-sealing of all exterior windows and doors, and sealing, stucco finish and epoxy resurfacing of the garage interior. Security system with remote video cameras located throughout the unit and garage. Phillippi Landings is a short drive to the world-renowned Siesta Key Beach and a short unobstructed (no bridges) boat ride to the Gulf of Mexico. Association amenities include kayak storage and launch, resort-style heated swimming pool and jacuzzi, clubhouse with kitchen for catering & private parties, fitness center, waterfront walking path, dog park and more. This unit is priced for sale at below owner's investment. Price is supported by recent Bank Appraisal.

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© 2025 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2025-04-22T08:45:09.12.
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5531 Cannes Cir , #201 Sarasota, FL 34231

  • Price: $1,045,000
  • Status: Active
  • On Site: 138 Days
  • Updated: 47 min ago
  • ID#: O6262091
3
Beds
2
Baths
0
½ Baths
N/A
Acres
2,024
SQFT
$516
$/SQFT
2006
Built
Neighborhood:
Phillippi Landings
County:
Sarasota
Area:
Sarasota/Gulf Gate Branch
Elementary School:
Phillippi Shores Elementary
Middle School:
Brookside Middle
High School:
Riverview High
Property Description
**MAJOR PRICE REDUCTION** OVER $150,000** Prime Waterfront location 3-bedroom 2-bath 2,024 square foot condo in resort like setting of Phillippi Landings. Boater's dream with private boat docks available! Completely renovated and updated in 2022/23 from top to bottom with no expense spared by an award-winning design team. This corner/end unit is one of the largest and best situated in the complex. Enjoy panoramic water views from three sides of this gorgeous modern condo, enjoy the views and convenience of being on the water without the fear or expense of being in a flood zone. This Design Masterpiece boast imported Legno Bastone wide-plank, black walnut, and marble floors. Custom solid-walnut cabinets, stone agate counter tops, and European designer fixtures and lighting. Expansive bay windows grace the kitchen / desk and living room areas. All windows are equipped with Hunter Douglas electric blinds / shades with black-out in bedrooms. Ten-foot ceilings and eight-foot solid core doors throughout. Gourmet kitchen featuring professional grade Thermador appliances, including two 30-inch refrigerators w/freezer, built-in microwave and oven, and convection cooktop. Master bed and bath includes spacious walk-in dressing room and closet with custom built-in cabinets, separate his / her vanities, soaking tub, shower, and enclosed toilet. Custom designed and built walnut entertainment center with 65" flat-screen TV and electric fireplace. In addition to the spacious interior, this unit is one of only two in the building to have a large, screened patio plus 2,000 square feet of additional private outdoor waterfront terraces. These two expansive terraces provide ample areas for sun or shade and cool breezes off the water for relaxation and added privacy throughout the day. Designer furniture and furnishings are available for additional consideration. Ample parking including a private oversized one-car garage under the building with electricity and room for bike storage, workbench and more. The elevator and stairs are located close to the condo entrance. Nothing was overlooked during the renovation, including a new 6-ton HVAC roof-top unit and interior air handler, complete water-sealing of all exterior windows and doors, and sealing, stucco finish and epoxy resurfacing of the garage interior. Security system with remote video cameras located throughout the unit and garage. Phillippi Landings is a short drive to the world-renowned Siesta Key Beach and a short unobstructed (no bridges) boat ride to the Gulf of Mexico. Association amenities include kayak storage and launch, resort-style heated swimming pool and jacuzzi, clubhouse with kitchen for catering & private parties, fitness center, waterfront walking path, dog park and more. This unit is priced for sale at below owner's investment. Price is supported by recent Bank Appraisal.
Exterior Features

Additional Water Information Boat docks can be purchased separately .Kayak launch. Architectural Style Mediterranean Attached Garage Yn No Carport Yn No Construction Materials BlockStucco Covered Spaces 1 Direction Faces South Exterior Features Sliding Doors Foundation Details Slab Garage Dimensions 14x25 Open Parking YN Yes Parking Features Garage Door OpenerGround LevelGuestOpenOversizedUnder Building Patio And Porch Features Deck Pool Features DeckGuniteHeatedLightingOutside Bath Access Pool Private Yn No Road Frontage Type Street Paved Road Surface Type Paved Roof Tile Spa Features Heated Spa YN Yes View Water Water Access Brackish WaterRiver Water Access Yn Yes Water Body Name PHILLIPPI RIVER Water Extras Yn No Water View Intracoastal WaterwayRiver Water View Yn Yes Waterfront Features WaterfrontIntracoastal WaterwayRiver Front Waterfront Feet Total 100 Waterfront Yn Yes

Interior Features

Accessibility Features Accessible Approach with RampAccessible BedroomAccessible EntranceAccessible Full BathAccessible Hallway(s)Accessible Central Living Area Appliances Convection OvenDishwasherDisposalDryerElectric Water HeaterExhaust FanIce MakerMicrowaveRangeRange HoodRefrigeratorWasher Building Area Total 2243 Building Elevator Yn Yes Cooling Central Air Cooling YN Yes Fireplace Yn No Flooring CarpetMarble Furnished Unfurnished Heating Electric Heating YN Yes Interior Features Ceiling Fan(s)Eating Space In KitchenElevatorHigh CeilingsLiving Room/Dining Room ComboOpen FloorplanPrimary Bedroom Main FloorSolid Surface CountersSolid Wood CabinetsSplit BedroomThermostatWalk-In Closet(s)Window Treatments Laundry Features InsideLaundry Closet Levels One Sewer Public Sewer Stories Total 8 Water Source Public Window Features Blinds

Property Features

Additional Lease Restrictions Application feeApproval required. See rules and regulations. Approval Process Contact Management Company Association Amenities Cable TVClubhouseElevator(s)Fitness CenterGatedMaintenancePoolSpa/Hot Tub Association Approval Required Yn Yes Association Fee Frequency Quarterly Association Fee Includes Cable TVCommon Area TaxesCommunity PoolEscrow Reserves FundInsuranceMaintenance StructureMaintenance GroundsMaintenance RepairsManagerPest ControlPool MaintenancePrivate RoadSewerTrashWater Association Fee Requirement Required Association Montly Maint Amt Add To Hoa 0 Association Yn Yes Builder Name Robert A Morris Building Name Number 5531 Cdd Yn No Community Features DockFishingWater AccessWaterfrontBuyer Approval RequiredDeed RestrictionsFitness CenterIrrigation-Reclaimed WaterParkPoolSidewalksWheelchair Access Condo Fee Monthly Amount 933 Condo Fees 2800 Condo Fees Term Quarterly Condo Land Included Yn No Down Payment Resource No Flood Zone Code X Floor Number 2 Garage Yn Yes Homestead Yn Yes Lease Considered YN Yes Lease Restrictions YN Yes Max Pet Weight 100 Minimum Lease 6 Months New Construction Yn No Number Of Pets 2 Ownership Condominium Pet Restrictions Please see rules and regulations Pets Allowed Yes Property Condition Completed Property Sub Type Condominium Realtor Info As-IsAssoc approval requiredLease RestrictionsList Agent is Related to OwnerNo SignSubject to Approval Security Features Fire AlarmFire Sprinkler SystemGated CommunitySecurity GateSecurity LightsSecurity SystemSmoke Detector(s) Senior Community Yn No Special Listing Conditions None Sw Subdiv Community Name Phillippi Landings Tax Annual Amount 7261 Total Annual Fees 11200 Total Monthly Fees 933.33 Utilities Cable ConnectedElectricity ConnectedFire HydrantSewer ConnectedSprinkler RecycledWater Connected Yrs Of Owner Prior To Leasing Re No Zoning RMF4


Listing information © 2025 My Florida Regional MLS DBA Stellar MLS..
Listing provided courtesy of COGAN REALTY LLC: 407-865-7111.



© 2025 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2025-04-22T08:45:09.12.
 
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