by RH Advisors

See Home Value
$625,000
Condo - Off Market

5591 Cannes CIRCLE #503

SARASOTA, FL 34231
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1706 Sqft
$3,562
Estimated Monthly
3.92%
Cap Rate

About This Property

Significant Price Adjustment!  Living on Phillippi Creek offers a relaxed and luxurious lifestyle, where you can escape the hustle and bustle of the city and enjoy a slower pace of life. You'll be part of a vibrant and diverse community of residents who value the natural beauty and peacefulness of the area. Recently updated 5th Floor condo with a view of Phillippi Creek and overlooks the resort style heated pool and spa. This luxury waterfront condo with 2 bedrooms plus a den offers a modern, open-concept living space that is perfect for entertaining. The den in this condo could be used as a home office, a reading nook, or even a guest room. The oversized balcony, is where you can enjoy the outdoor views and fresh air comfortably and adds an additional living space and entertainment area. Foyer entry is accented with tray ceiling, including crown molding and new lighting fixtures throughout. Updated kitchen with white cabinetry, sparkling quartz counters, backsplash as well as newer stainless steel appliances, closet pantry and laundry closet. The spacious master suite has two large walk-in closets, bathroom designed with dual vanities and a soaking tub as well as a separate glass enclosed shower. Built in 2006 this building includes Hurricane rated windows and doors, fire protection sprinkler system and smoke detectors. Phillippi Landings sits on a gated, secluded 10 acre enclave surrounded by expansive grounds with majestic oaks, 1200 feet of natural waterfront with private lighted promenade and a fenced dog park. Sparkling heated pool with fountains and a spacious jetted spa. The pool sundeck has umbrella tables, lounges and comfortable seating on shaded patios and a built-in BBQ area for outdoor cookouts. The community Clubhouse is furnished with game tables, a residents' bar and media lounge with catering facilities. Under building assigned parking with additional guest parking available. The Fitness Center in a dedicated building with state-of-the art equipment. Kayak launching area and private boat slips with quick access to Sarasota Bay and Gulf of Mexico are optional. This Phillippi Creek location puts you close to many of Sarasota's top attractions, including all Siesta Key beaches, area restaurants, shopping centers, adjacent to Phillippi Park with a seasonal Farmhouse Market and A-rated Sarasota Memorial Hospital with a new Heart & Cancer Center. Just a short drive across the Ringling Bridge to St. Armand's Circle and Lido Beach. This luxury condo on Phillippi Creek can be a great investment opportunity, as the area is in high demand and the real estate market is thriving. You'll be able to enjoy a high-quality lifestyle while also making a smart financial decision. Water heater MARCH 2023; A/C  5/2023 Make an offer!
Unit Size
1,706Ft²
Days on Market
171 days
Land Size
-
Price per sqft
$380
Property Type
Condo
Property Taxes
$380
HOA Dues
-
Year Built
-
Last updated: 3 months ago (Stellar MLS #A4583999)

Price History

Date / Event Date Event Price
Apr 1, 2024 Sold $625,000
Sold
Feb 17, 2024 In contract -
In contract
Feb 17, 2024 Price Decreased $648,000
↓ $1K (0.2%)
Price Decreased
Feb 1, 2024 Price Decreased $649,000
↓ $14K (2.1%)
Price Decreased
Jan 23, 2024 Price Decreased $663,000
↓ $5K (0.8%)
Price Decreased
Show More

Property Highlights

Parking Available
Garage
Elevator
Air Conditioning
With View
Parking Details
Has Garage
Attached Garage
Parking Features: Assigned, Deeded, Ground Level, Guest, Under Building
Garage Spaces: 1
Interior Details

Bathroom Information

Full Bathrooms: 2

Interior Information

Interior Features: Ceiling Fans(s), Crown Molding, Eating Space In Kitchen, High Ceiling(s), Living Room/Dining Room Combo, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Stone Counters, Walk-In Closet(s), Window Treatments
Appliances: Dishwasher, Disposal, Microwave, Range, Refrigerator, Washer
Flooring Type: Carpet, Ceramic Tile
Laundry Features: Inside, Laundry Closet

Room Information

Rooms: 6


Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Condo
2 Beds
2 Baths
1,720 ft²
$376/ft²
$647,000 Sep 1, 2023
$647,000 Oct 3, 2023
$272/mo
Condo
2 Beds
2 Baths
1,330 ft²
$429/ft²
$570,000 Jun 5, 2023
$570,000 Jul 27, 2023
$514/mo
Condo
2 Beds
2 Baths
1,768 ft²
$339/ft²
$599,000 Jul 8, 2023
$599,000 Dec 5, 2023
$1,260/mo
Condo
2 Beds
2 Baths
1,720 ft²
$353/ft²
$607,000 Apr 24, 2023
$607,000 Mar 8, 2024
$406/mo
Condo
2 Beds
2 Baths
1,580 ft²
$411/ft²
$650,000 Apr 21, 2023
$650,000 Jun 15, 2023
$551/mo
Condo
2 Beds
3 Baths
1,564 ft²
$336/ft²
$525,000 Oct 14, 2023
$525,000 Mar 4, 2024
$1,215/mo
Condo
2 Beds
2 Baths
1,706 ft²
$375/ft²
$638,999 Oct 28, 2023
-
$412/mo
Condo
2 Beds
2 Baths
1,695 ft²
$383/ft²
$649,000 Nov 3, 2023
-
$597/mo
Condo
2 Beds
2 Baths
1,706 ft²
$352/ft²
$599,900 Mar 7, 2024
-
$421/mo
Condo
2 Beds
2 Baths
1,404 ft²
$523/ft²
$734,900 Aug 19, 2023
-
$505/mo
Condo
2 Beds
2 Baths
1,465 ft²
$511/ft²
$749,000 Dec 11, 2023
-
$783/mo
Condo
2 Beds
2 Baths
1,440 ft²
$451/ft²
$649,000 Feb 21, 2024
-
$573/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20230901 Unit 502
09/01/2023
502
2 Bed
2 Bath
1720 ft²
$672,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1720 ft²
$647,000 -3.72%
10/03/2023
-
Pamela Modisett
MICHAEL SAUNDERS & COMPANY
20230424 Unit 205
04/24/2023
205
2 Bed
2 Bath
1720 ft²
$655,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1720 ft²
$607,000 -7.33%
03/08/2024
-
Tracey Larsen
Coldwell Banker Realty
20230111 Unit 503
01/11/2023
503
2 Bed
2 Bath
1706 ft²
$720,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1706 ft²
-
-
-
Midge McCarthy
RE/MAX PLATINUM REALTY
20220831 Unit 606
08/31/2022
606
3 Bed
2 Bath
2024 ft²
$850,000
bedrooms
3 Bed
bathrooms
2 Bath
square feet
2024 ft²
-
-
-
Scott Kaplan
RE/MAX Select Group
20210715 Unit 505
07/15/2021
505
2 Bed
2 Bath
1720 ft²
$479,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1720 ft²
-
-
-
Raf Villella
KELLER WILLIAMS ISLAND LIFE REAL ESTATE
20201121 Unit 506
11/21/2020
506
3 Bed
2 Bath
2024 ft²
$520,000
bedrooms
3 Bed
bathrooms
2 Bath
square feet
2024 ft²
-
-
-
-
20200820 Unit 602
08/20/2020
602
2 Bed
2 Bath
1720 ft²
$430,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1720 ft²
$407,000 -5.35%
03/17/2021
Carolyn Francis
20200109 Unit 501
01/09/2020
501
3 Bed
2 Bath
2024 ft²
$565,000
bedrooms
3 Bed
bathrooms
2 Bath
square feet
2024 ft²
-
-
-
-
20191205 Unit 606
12/05/2019
606
3 Bed
2 Bath
2024 ft²
$535,000
bedrooms
3 Bed
bathrooms
2 Bath
square feet
2024 ft²
-
-
-
-
20190131 Unit 604
01/31/2019
604
2 Bed
2 Bath
1706 ft²
$425,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1706 ft²
-
-
-
-
20181108 Unit 506
11/08/2018
506
3 Bed
2 Bath
2024 ft²
$529,900
bedrooms
3 Bed
bathrooms
2 Bath
square feet
2024 ft²
-
-
-
-
20181004 Unit 505
10/04/2018
505
2 Bed
2 Bath
1720 ft²
$419,900
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1720 ft²
-
-
-
-

Building Info

5591 Cannes Circle 5591 Cannes Circle, Sarasota, FL 34231
  • 2 Units for Sale
More about this Building
5591 Cannes Circle
Want to find out who owns 5591 Cannes Circle, Sarasota, FL 34231? Get detailed property transactions here .

About Phillippe Park


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