5531 Cannes Cir #603, photo 1
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Overview

2 bd2 ba1,706 sqft1 car garageCondominium
TypeCondominium
Condo dues$1,267/mo
Built2006
Lot20,134 sqft
Living area1,706 sqft
Price / sqft$380
Garage1 car

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Pricing, comps, HOA, the neighborhood. Answers before you fill out anything.

About this home

Accessibility FeaturesCrown MoldingBalconyAssociation Recreation - OwnedBuyer Approval RequiredClubhouseDeed RestrictionsDog Park

5531 Cannes Cir #603 is a 2006-built home in Phillippi Landings, Sarasota. Inside you'll find 2 bedrooms, 2 bathrooms, and 1,706 square feet of living space. Listed at $649,000 (about $380/sqft), 226 days on market. Flood zone x - outside the FEMA high-risk areas, which keeps insurance manageable. Condo dues run $1,267 monthly.

From the listing

Luxury living with spectacular sunset waterfront views in the gated community of Phillippi Landings, offering boating access and a prime Sarasota location just minutes from Siesta Key Beach and downtown. This sixth-floor residence overlooks Phillippi Creek with glimpses of the Intracoastal Waterway and a peek of the Gulf from the private screened balcony. The 2-bedroom, 2-bath plus den floor plan features 10-foot ceilings, crown molding, and numerous upgrades including a newer A/C system, LG refrigerator, LG washer and dryer, KitchenAid dishwasher, Lumens ceiling fans, and upgraded lighting. The kitchen offers granite countertops, wood cabinetry, and stainless steel appliances, opening to the living area and screened balcony through 8-foot sliding doors for seamless indoor-outdoor living for relaxing or entertaining. The primary suite features wood flooring, two walk-in closets, and a spacious bath with dual vanities, garden tub, and walk-in shower. Residents enjoy resort-style amenities including a heated waterfront pool and spa, fitness center, clubhouse, kayak launch, dog park, and scenic boardwalk. Some high-end quality furnishings available.

The essentials

Built
2006
Price / sqft
$380
On market
226 days
Annual tax
$6,519
Condo dues
$1,267/mo
Flood zone
X · Low risk
Lot
20,134 sqft
Type
Condominium

At a glance

Condo
Built 2006
Waterfront
River Front
Community pool
Fitness center too
1 car garage
Ground Level
Private balcony
Outdoor space

Payment

Est. monthly payment
$5,520/mo
Down payment (20%)
$129,800
Property taxes
$543/mo
Condo dues
$1,267/mo
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Condominium
Year Built
2006
Lot
20,134 sqft
Cooling
Central Air
Heating
Central
Parking
Ground Level, Open, Basement
Waterfront
River Front
Days on Market
226
Accessibility Features
Crown Molding
Balcony
Association Recreation - Owned
Buyer Approval Required
Clubhouse
Deed Restrictions
Dog Park
Fitness Center
Gated Community - No Guard
Pool
Sidewalks
Dishwasher
Disposal
Dryer
Microwave
Range
Range Hood
Refrigerator
Washer
Elementary
Phillippi Shores Elementary
Middle
Brookside Middle
High
Riverview High

Districts can re-zone, so verify directly with the district before relying on these.

Homestead exemption on file Flood Zone x
Annual Tax (2025)
$6,519
Parcel #
0084082027

Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.

Subdivision
Phillippi Landings
County
Sarasota
MLS Area
34231 - Sarasota/Gulf Gate Branch
Lot Size
20,134 sqft
Condo dues
$1,267/mo
Kevin Wiegand

Price history

Date
Event
Price
3/5/2026
Listed for sale
Source: Stellar MLS #A4685329
$649,000
$380/sqft

Neighborhood

5531 Cannes Cir #603
Sarasota, FL, 34231 · 34231 - Sarasota/Gulf Gate Branch

Market insights

Offer Insights

Choose an offer strength

List price: $649,000
$620,000 – $649,000
95.7% – 100% of listTops out right at the list price
80% of listList price
39 of the last 76 condo closings in 34231 landed at this number or higher (51%). The median one sat 86 days before it went under contract, and this one is on day 226.

Sample: 76 closed condo sales in 34231 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

Talk through an offer with our team

Calculator

Est. monthly payment
$5,520/mo
Principal & interest$3,385
Property taxes$543
Insurance$325
HOA$1,267
Down payment20% · $129,800
Interest rate6.80%
Loan term

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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. HOA includes any condo dues reported on the listing. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.

Quick answers.

Price

$649,000

$380 per sq ft

Beds and baths

2 beds, 2 baths

Size

1,706 sq ft

Time on market

226 days

Year built

2006

Monthly payment

About $5,520/mo

That is 20% down on a 30-year fixed at 6.8%, plus the home's $6,519 annual tax bill, insurance, and $1,267/mo in condo dues.

Condo dues

$1,267/mo

Managed by Kevin Wiegand.

Flood zone

Zone X

That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.

Offer

What should I offer?

Have another question?

Brokered byALBERT WOOSTER & COMPANYListing agent: Albert WoosterListing data from Stellar MLS, MLS# A4685329.

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