$645,000

5531 Cannes Cir Unit 503 Sarasota, FL 34231

$7,659
Closing credit¹
2 beds
2 full
1,706 sqft
$378 / sqft
Condo

Property details

About 5531 Cannes Cir Unit 503

Wake up every morning and retire each evening to expansive 5th floor views over Phillippi Creek and out to the Intracoastal, Siesta Key, and the Gulf, including magnificent sunset skies from your 29’x7’ covered and screened lanai. This 2 bedroom + den, 2 bath condo in the coveted waterfront building at Phillippi Landings has been lovingly cared for by a single owner since construction and features a soothing neutral palette. Stainless appliances in the kitchen, engineered wood flooring in the main living areas, primary bedroom and office, new carpet in the guest bedroom, and a stunning renovation of the guest bathroom combine to create an updated and clean aesthetic. The primary suite provides scenic views out to the lanai and beyond with south-facing windows and a glass French door. The second bedroom and multifunctional den area offer north-facing views with blue skies and greenery. Security and convenience is accomplished with impact windows, doors and sliders throughout, custom closets in the bedrooms, and an impressive outfitting of the entry closet to create an organized coat closet and “mud room” drop station. An ideally-located under building parking space and oversized storage locker complete this exciting offering. Phillippi Landings is a gated 10 acres of lushly landscaped grounds, boasting resort-style living with a grand heated pool, spa, clubhouse with catering kitchen, fitness center, dog park, and an area to store kayaks with a ramp into the Waterway. Whether you are looking to stay active or simply relax, this vibrant community has something for everyone. Only minutes from the world-famous Siesta Key beach & downtown Sarasota, this exceptional retreat is ideal for those who value a waterfront lifestyle, West of Trail convenience, and maintenance free living!

Highlights

Home typeCondominium
HeatingCentral, Electric
StatusActive
CoolingCentral Air
Size1,706 sqft
Year built2006
ParkingUnder Building
MLS #A4642617
Attached garageYes
WaterfrontCreek
ViewWater

Summary

  • MLS Number: A4642617
  • MLS Name: MFRMLS
  • Office Name: MICHAEL SAUNDERS & COMPANY
  • Office Phone: (941) 951-6660
  • Listing Agent: Mackenzie Longueuil

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IDX Copyright 2025 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. 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 exclusively 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. Properties displayed may be listed or sold by various participants in the MLS.
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Last updated on: 3/4/2025, 12:20:03 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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bird's eye view featuring a water view

$645,000

5531 Cannes Cir Unit 503

$7,659

closing credit¹

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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.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $66,071. The majority of Sarasota, FL residents have income between $35k-100k annually. The most common type of family is married, no kids. Typical level of education for residents in this area is post secondary degree.

How much money do the neighbors make?

21%
<35k
48%
35k-100k
16%
100k-200k
15%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

44%
Single, No Kids
3%
Single, with Kids
45%
Married, No Kids
8%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

6%
<11 yrs old
4%
12-17 yrs old
6%
18-34 yrs old
35%
35-64 yrs old
49%
65+ yrs old

What do the neighbors do for fun?

  • PGA/LPGAPGA/LPGA
  • Men's TennisMen's Tennis
  • Hiking/backpackingHiking/backpacking

Where do the neighbors shop?

  • Chico'sChico's
  • Stein MartStein Mart
  • BloomingdalesBloomingdales

Where do the neighbors go to eat?

  • Bonefish GrillBonefish Grill
  • ChipotleChipotle
  • LongHorn SteakhouseLongHorn Steakhouse

What do the neighbors drive?

  • CadillacCadillac
  • LincolnLincoln
  • LexusLexus

What do the neighbors listen to?

  • ClassicalClassical
  • NewsNews
  • RockRock
All data provided by Home Junction and Claritas

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Frequently asked questions

About 5531 Cannes Cir Unit 503

This home is located at 5531 Cannes Cir Unit 503 in Sarasota, FL and zip code 34231 in the West of Trail neighborhood. This 1,706 square foot home was built in 2006. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since February 28, 2025 and is currently priced at $645,000.

In February 2025 more than 17 listings in Sarasota, FL were sold above the asking price. During the same period more than 62 listings were sold at asking price, while more than 258 were sold below. In February 2025 in Sarasota, FL there were 10.1% more homes for sale than in January. Listings spent 72 days on the market in February 2025, and had a median list price of $510,555 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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