5531 CANNES CIRCLE 801 Sarasota, FL $ 1,549,000
5531 CANNES CIRCLE 801
$ 1,549,000
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5531 CANNES CIRCLE 801

Sarasota, FL, 34231
$ 1,549,000
Bedrooms4 Baths3.0 Sq 2,530

Monthly Estimate*

$ 9,664

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View a Virtual Tour

Condo for sale in Sarasota, FL

for $1,549,000 with 4 bedrooms and 3 full baths. This 2,530 square foot condo was built in 2006 on a lot size of 0.46.

LUXURY PENTHOUSE WITH PRIVATE BOAT SLIP, OVER 1,000 SQFT TERRACE, and breathtaking views of the Downtown Sarasota skyline, Sarasota Bay, the Gulf, and Phillippi Creek! This one-of-a-kind residence truly defines coastal elegance and sophistication. Complete with an elevator that opens right into the unit, and 2-CAR GARAGE, this exclusive penthouse offers the ultimate combination of privacy, luxury, and convenience. Located directly on the Intercoastal water just minutes from the Gulf, you’re welcomed into this unit by 12-foot ceilings and an abundance of natural light streaming through the expansive windows, showcasing panoramic water and city views from nearly every room. The gourmet kitchen is a chef’s dream, featuring high-end KitchenAid appliances, granite countertops, an induction cooktop with hood, and beautiful custom cabinetry. Adjacent to the kitchen, a cozy dining area offers the perfect spot for casual meals, while the open-concept living room is ideal for entertaining—all while taking in the incredible scenery. The spacious owner’s suite is a serene retreat, complete with access to a SECOND BALCONY/TERRACE, dual closets, and a spa-like bathroom with a walk-in shower, soaking tub, and dual vanities. The second and third bedrooms, located in the opposite wing for privacy, share a well-appointed bathroom—perfect for guests. The fourth versatile bedroom doubles as an office or den, with a full bathroom conveniently nearby. Step outside to the expansive 1,000+sqft terrace—a rare feature in Sarasota—where you can unwind, dine, and entertain while enjoying the magnificent views after a day out on the water from your PRIVATE BOAT SLIP. Additionally, hurricane windows and doors offer peace of mind. Just a short stroll away, the gated community amenities include a heated pool and spa, fitness center, clubhouse with catering kitchen and bar area, kayak launch, and a dog park, all nestled within a secure and beautifully maintained waterfront setting. Opportunities like this are extraordinarily rare in Sarasota—a true penthouse lifestyle offering unmatched outdoor space, panoramic views, and private boating access all in one luxurious package.

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Condo Active

Price

$ 1,549,000

Bedrooms

4

Full Bath

3

Property Type

Condo

Taxes

$ 10,228

Style

Condominium

Lot Size

0.46

Year Built

2006

Town/City

Sarasota

County/Region

Sarasota

MLS | Web ID

TB8438752

Features
General
Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Cable Connected Electricity Connected Fire Hydrant Sewer Connected Water Connected
Roof Concrete
Appliances Dishwasher Disposal Dryer Electric Water Heater Microwave Range Refrigerator Washer
Zoning RMF4
HOA Fee 0
Garage Spaces 2
Association Fee Includes Cable TV Common Area Taxes Community Pool Escrow Reserves Fund Insurance Maintenance Structure Maintenance Grounds Manager Private Road Recreational Facilities Sewer Trash Water
Construction Materials Stucco
Pets Allowed Yes
Year Built 2006
View City Water
Levels One
Unit Number 801
Property Subtype Condominium
Tax Year 2024
Ownership Condominium
Community Features Boat Slip Dock Fitness Center Pool Sidewalks
Assoc Fee Paid Per Monthly
County Sarasota
New Construction false
Property Type Residential
Association Amenities Elevator(s) Fitness Center Gated
Attached Garage true
Subdivision Name PHILLIPPI LANDINGS
Facing Direction East
Garage Y/N true
Total Rooms 6
Full Baths 3
Status Active
Directions From Rte. 41 Turn on Phillipi Shores Dr. Turn left on Canes Cir and building is on your left.
High School Riverview High
City SARASOTA
Body of Water PHILLIPI CREEK
Association Name Casey Management
Senior Community Y/N false
MLS Area 34231 - Sarasota/Gulf Gate Branch
Lot Size Units Square Feet
Lot Size Square Feet 20134
Carport Y/N false
Listing Terms Cash Conventional
Elementary School Phillippi Shores Elementary
Land Lease Y/N false
Tax Annual Amount 10228
Middle/Junior High School Brookside Middle
Additional Parcels Y/N false
Lease Considered Y/N true
Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8438752
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Occupancy Type Vacant
Tax Lot 801
Legal Description UNIT 801 PHILLIPPI LANDINGS B
Water Access Type Creek
Minimum Lease 6 Months
Water Access Y/N true
Monthly HOA Amount 0
Monthly Condo Fee Amount 900
HOA Monthly Maintenance 39
Water View Y/N false
Flood Zone Code X500
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Interior
Interior Amenities Crown Molding Eating Space In Kitchen Elevator Primary Bedroom Main Floor Solid Wood Cabinets Stone Counters Thermostat Tray Ceiling(s) Walk-In Closet(s) Window Treatments
Flooring Tile
Total Stories 8
Common Walls Corner Unit End Unit
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Half Baths 0
Laundry Features Inside Laundry Room
Total Bedrooms 4
Total Baths 3
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Exterior
Exterior Amenities Balcony
Water Source Public
Lot Size Area 20134
Foundation Details Pillar/Post/Pier
Building Area Total 3760
Lot Size Acres 0.46
Road Surface Type Paved
Private Pool false
Waterfront Y/N false
Covered Spaces 2
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* Excluded Features
List By
Keller Williams On The Water S

Broker

blake.lindenmeyer@kw.com

Email

Affordability Calculator

$10,516
Per Month
92%
8%
0%
Monthly Principal & Interest
$9,664
Monthly Property Taxes
$852
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
0 Elementary School
0 Middle School
Riverview High High School High School
Pricing History
DatePricePrice ChangeDescription
12/19/2025$1,549,000 Listed Price

Map


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5531 CANNES CIRCLE 801, Sarasota, FL, 34231 is a Condo for sale at $1,549,000 with 2,530 sqft and a lot size of 0.46. 5531 CANNES CIRCLE 801 has 4 bedrooms, 3.0 baths, and was built in 2006. The property's zip code is 34231 which is in Sarasota, FL