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$699,900

5531 Cannes CircleSarasota, FL 34231

Listing updated: September 30, 2026 at 10:50 AM ET

Active

Listing courtesy of White Sands Realty Group Fl · Carol Burke, PA · MLS #A4707218 · Active · 941-260-3350

Beds

Baths

1,706

Sq Ft

0.46

Acres

2006

Built

◆Waterfront◆Water access◆$410/sqft◆360° tour

Condominium

Property type

2006

Year built

20,134 sqft

Lot size

$410

Price / sq ft

No HOA

HOA dues

Days on market

Garage space

X500

Flood zone

About this home

Welcome to this fully updated Coastal Modern 2 bedroom + DEN , 2 bath dream WATERFRONT condo in sought-after gated Phillippi Landings! You’ll enjoy gorgeous sunsets from your private screened-in balcony overlooking Phillippi Creek, the Intracoastal Waterway and a glimpse of the Gulf of Mexico just beyond. Starting with the kitchen, you’ll be impressed by the quartz waterfall countertop, sleek appliances, crisp stylish cabinets, and a custom pantry with pull-out shelves. The primary bedroom enjoys beautiful waterfront views and a luxurious en-suite bathroom featuring a soaking tub, walk-in shower and dual sinks. The layout is designed for both entertaining and relaxation, secluding the guest bedroom and bathroom from the main living spaces offering privacy and separation for visitors. The den offers flexibility for adding more room for guests or as your home office. The open layout features engineered hardwood floors, crown molding, and updated designer lighting. Expansive windows frame spectacular, elevated water views right from the main living area and bedroom areas. Superbly located, you are just minutes from Sarasota’s vibrant cultural hub, world-famous Siesta Key Beach, and an array of premier dining and shopping destinations. Enjoy the heated community pool, fitness center, and dog park. Plus, an on-site kayak launch, kayak storage, and a scenic walkway. As well as a dedicated side-gate entrance to the neighboring Phillippi Harbor marina for boating enthusiasts. Make this gem your home today!

Estimated monthly payment

Principal & interest$3,539

Property taxes$56

Home insurance (est.)$321

Down payment

20%

$139,980 downRate

6.5%

Term

Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.

Price & listing history3 days on market

Status: Active
Sep 27, 2026
Listed$699,900
Sep 27, 2026
Price increased$699,900

Property Documents

Documents the listing agent has made public for this property. Free to view and download.

Facts & features

Property type: Residential
Sub type: Condominium
Status: Active
Days on market: 3
Subdivision: Phillippi Landings
County: Sarasota
Year built: 2006
Living area: 1,706 sq ft
Price/sq ft: $410
Building area: 1,910 sq ft (Public Records)
Lot size: 20,134 sq ft
Lot category: 1/4 to less than 1/2
Flood zone: X500 (12115C0143G)
Garage: 1 spaces
Annual taxes: $676 (2025)
Parcel #: 0084082015
Zoning: RMF4
MLS #: A4707218

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Interior Details

Bedrooms: 2
Full bathrooms: 2
Flooring: Hardwood
Appliances: Built-In Oven, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer, Wine Refrigerator
Interior features: Ceiling Fans(s), Crown Molding, Living Room/Dining Room Combo, Stone Counters, Window Treatments
Laundry: Inside
Stories / Levels: One
Direction faces: Southwest

Heating & Cooling

Heating: Central
Cooling: Central Air

Parking

Garage spaces: 1
Attached garage: Yes
Parking features: Assigned

HOA & Financial

Total monthly fees: $1,220/mo
Total annual fees: $14,640
HOA name: Civix Management
CDD: No
Homestead exemption: Yes
Min lease term: 6 Months
Listing terms: Cash, Conventional, VA Loan
Ownership: Fee Simple
Available for lease: Yes
Lease restrictions: Yes
Additional lease restrictions: Association approval required.
Approval process: Condo Application

Exterior & Construction

Exterior features: Balcony, Lighting
Construction materials: Cement Siding, Stucco
Roof: Concrete
Foundation: Slab
Waterfront: Yes
Water access: Yes
Water view: Yes
Road surface: Asphalt

Utilities

Sewer: Public Sewer
Water source: Public
Utilities: Cable Connected

Community

Pets allowed: Cats OK, Dogs OK

Schools

ElementaryPhillippi Shores ElementaryGreatSchools ↗

MiddleBrookside MiddleGreatSchools ↗

High SchoolRiverview HighGreatSchools ↗

Letter grades: Florida DOE 2024–25 school grades (Orange, Seminole, Lake, Osceola, Brevard). Assigned schools from the listing agent — verify enrollment with the district.

Room Details

Room	Level	Dimensions
Living Room	First	15x15
Dining Room	First	14x11
Kitchen	First	15x9
Primary Bedroom	First	20x14
Bedroom 2	First	13x12
Den	First	13x9
Balcony/Porch/Lanai	First	28x8.9

Listing Details

Listing date: 2026-09-27
On market date: 2026-09-27
Original list price: $699,900
Occupant type: Owner
MLS area: 34231 - Sarasota/Gulf Gate Branch
Listing AOR: Venice
Status changed: 2026-09-27
Tax legal description: UNIT 403, PHILLIPPI LANDINGS B

Flood risk

Moderate riskFEMA Zone X500Panel 12115C0143G

Moderate-risk area (0.2% annual-chance / “500-year” floodplain). Flood insurance is recommended but usually not required.

Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.

Location

Directions

From Stickney Point Rd., turn north on US 41. Turn left on Monte Carlo Dr. Go through guard gate and turn left on Cannes Circle, turn left on Cannes Circle to Building B (#5531). Use button #4 in Elevator.

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IDX information 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.

Based on information submitted to the MLS GRID as of September 30, 2026 at 10:50 AM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

All or a portion of the multiple listing information is provided by Stellar MLS, from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2026 Stellar MLS. All rights reserved.

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