#A4636765, Robert Ruiz, Listing Office: WILLIAM RAVEIS REAL ESTATE
5531 Cannes Cir Unit 201 Sarasota, FL 34231
Property details
About 5531 Cannes Cir Unit 201
**MAJOR PRICE REDUCTION** OVER $100,000** 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.
Highlights
Summary
- MLS Number: O6262091
- MLS Name: MFRMLS
- Office Name: COGAN REALTY LLC
- Office Phone: (407) 865-7111
- Listing Agent: Curtiss Cogan
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Last updated on: 3/14/2025, 4:20:15 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,095,000
5531 Cannes Cir Unit 201
$10,000
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Price information
Property sales
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Tax history
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Nearby schools
8
Phillippi Shores Elementary School
Public Magnet PK-5
0.8 mi
•4747 S Tamiami Trl
7
Gulf Gate Elementary School
Public District PK-5
1.7 mi
•6500 S Lockwood Ridge Rd
5
Wilkinson Elementary School
Public District PK-5
2.2 mi
•3400 Wilkinson Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $66,071. Typical income of Sarasota, FL residents is between $35k-100k annually. Residents typically live in married, no kids family. The majority of residents in this area have post secondary degree education.
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Frequently asked questions
About 5531 Cannes Cir Unit 201
This home is located at 5531 Cannes Cir Unit 201 in Sarasota, FL and zip code 34231 in the West of Trail neighborhood. This 2,024 square foot home was built in 2006. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since December 4, 2024 and is currently priced at $1,095,000.
Sarasota, FL housing market in February 2025 saw over 17 listings sold above listed price, more than 62 sold at listed price and over 258 sold below. Between January and February 2025, Sarasota, FL real estate market has seen increase in the number of listings by 10.1%. While the average time on the market in February 2025 was 72 days, the median list price was $510,555.