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$1,449,000

5531 Cannes Circle Sarasota, FL 34231 Residential - Condominium Active

  • 5531 Cannes Circle, Unit 801, Sarasota, FL 34231 Main Photo

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Description

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.

Property Highlights

Property Type: Residential - Condominium
Cooling: Central Air
Garage: 2 car attached
Heating: Central
Lot Size: 0.46 Acres
Roof Type: Concrete
Stories: 8.0
Taxes: $10,228
Year Built: 2006

General Information

Bedrooms: 4
Bathrooms: 3 Full
Sqft: 2,530
County: Sarasota
High School: Riverview High
Subdivision: PHILLIPPI LANDINGS
Listed By:
Blake Lindenmeyer KELLER WILLIAMS ON THE WATER S 941-803-7522

Amenities

Crown Molding
Eat-in Kitchen
Elevator
Primary Bedroom Main Floor
Solid Wood Cabinets
Stone Counters
Thermostat
Tray Ceiling(s)
Walk-In Closet(s)
Window Treatments
Balcony

Room Information

Primary Bedroom: 20x15
Bedroom 2: 13x11
Bedroom 3: 11x11
Bedroom 4: 11x11
Kitchen: 24x14
Living Room: 16x17

Property Features

Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
Association Amenities: Elevator(s), Fitness Center, Gated
Body of Water: PHILLIPI CREEK
Community Features: Fitness Center, Pool, Sidewalks
Condo Fee: $3665/ Quarterly
Days on Site: 123
Directions: From Rte. 41 Turn on Phillipi Shores Dr. Turn left on Canes Cir and building is on your left.
Exterior: Stucco
Flood Zone Code: X500
Flooring: Tile
Foundation: Pillar/Post/Pier
HOA Fee: 0/ Monthly
HOA Y/N: Yes
Home Warranty Y/N: No
Listing Terms: Cash, Conventional
Lot Dimensions: 0.46
Ownership: Condominium
Pets Allowed: Yes
Pets Restrictions: Buyer to verify all pet restrictions
Pets Weight (Max): 100
Property Attached Y/N: No
Property Sub-Type: Condominium
Sewer: Public Sewer
Showing Instructions: Supra Lock Box
Special Sale Provisions: None
Special View Info: Water
Utilities: Cable Connected, Electricity Connected, Fire Hydrant, Sewer Connected, Water Connected
Water: Public
Water Access: Creek
Water Access Y/N: Yes
Waterfront Features: Assigned Boat Slip
Zoning: RMF4
$1,449,000
4beds
3.0baths
2,530sqft
2cars
Active
BEDS4 BATHS3 full SQUARE FEET2,530 MLS#TB8438752
STATUSActive PROPERTY TYPEResidential - Condominium SUBDIVISIONPHILLIPPI LANDINGS

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5531 Cannes Circle, Unit 801, Sarasota, FL 34231.

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Estimated Payment

$ 6,162.19 per month $4,887.23 Principal & Interest $852.33 Property Tax $422.63 Homeowner's Insurance

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About this area

Florida/Sarasota
Sarasota

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About Sarasota

Sarasota, FL is a cultural gem. Once home to the Ringling Brothers Circus, Sarasota boasts a rich arts scene that brings people from all over the area to enjoy world-class theater, music, and other performing arts. Sarasota is also a haven with spectacular scenery, turquoise water and white sandy beaches. It offers a delightful downtown with a variety of small boutiques and exceptional restaurants. With its dynamic culture and arts scene and incredible natural beauty, Sarasota is a wonderful place to call “home.” 

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About this community

Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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. Information on this site was last updated 03/02/2026. The listing information on this page last changed on 03/02/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Mon 03/02/2026 3:58:56 PM EST) or Stellar MLS (last updated Mon 03/02/2026 3:46:11 PM EST). Real estate listings held by brokerage firms other than Wagner Realty may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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