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5531 Cannes Cir Unit 704, Sarasota, FL, 34231

$999,999

Home List Price

$10,000*

Closing Credit

2 Bedrooms
2 Full Baths
1,706 SqFt
$586/SqFt
Condo
Schools Nearby

Location

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5531 Cannes Cir Unit 704, Sarasota$999,999

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeCondominium
Year Built2006
HeatingCentral
CoolingCentral Air
WaterfrontCreek
Private PoolYes
MLS #A4603333
Lot Size0.46 Acres
StatusActive

About 5531 Cannes Cir Unit 704

***Boat Slip With A 10,000 lbs Lift Included*** Welcome to your newly renovated oasis in Phillippi Landings, Sarasota! This stunning condo has undergone a complete transformation, starting from the studs up. Situated in the Phillippi Landings community, offering serene waterfront views and convenient access to Sarasota’s vibrant downtown. Two spacious bedrooms, each with ample closet space and natural light. Two modern bathrooms featuring high-end fixtures and finishes, providing a spa-like experience in your personal steamer/shower. A versatile den space, perfect for a home office, media room, or additional guest accommodation. Enjoy a seamless flow between the living, dining, and kitchen areas, ideal for entertaining guests or relaxing with family. The heart of the home boasts brand new stainless steel appliances, custom cabinetry, and quartzite countertops, making meal preparation a joy. From tile flooring to designer lighting fixtures, every detail has been carefully curated to exude elegance and sophistication. Step outside to your own private balcony and soak in the breathtaking views of the lush surroundings and tranquil waters. Or enjoy the water on your boat from your personal boat slip that has a 10,000 lbs lift. Residents of Phillippi Landings enjoy access to a range of amenities, including a resort-style pool, fitness center, dog park, and clubhouse. Don’t miss out on the opportunity to call this meticulously renovated condo your new home.

Property Details

Property Features

Property Information:

  • Year Built: 2006
  • Stories: 1
  • Living Area: 1,706 SqFt

Listing Office:

  • Office Name: WILLIAM RAVEIS REAL ESTATE
  • Office Phone: (941) 894-1255
  • Listing Agent: Cooper Daves

Interior Features

Interior Information:

  • Appliances: Bar Fridge, Dishwasher, Dryer, Ice Maker, Range, Range Hood, Refrigerator, Washer, Wine Cooler
  • Flooring Type: Tile
  • Interior: Built-in Features, Ceiling Fans(s), Crown Molding, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, Split Bedroom, Thermostat, Walk-In Closet(s), Wet Bar

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Waterfront: Creek
  • Exterior: Balcony, Outdoor Grill, Sliding Doors, Storage

Lot Features

Lot Information:

  • Lot Size: 0.46 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Riverview High School, Public Magnet Grades 9-12
  • Brookside Middle School, Public District Grades 6-8
  • Phillippi Shores Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: On Tamiami between proctor and stickney point. Going south past proctor make a right into the complex. Go through the gate and make your first left. Unit is in the second building on the left 5531

Price Information

Listing Price Info

Price Summary:

  • List Price: $999,999
  • Price Per SqFt: $586/SqFt
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Housing Market Comparison

See how this home compares to others in Sarasota, FL.

Med. Sold Price

$513.2K

Med. Price/SqFt

$305

Avg. Days On Market

62

# of Sold Homes

531

5531 Cannes Cir Unit 704 vs Sarasota

44 DAYS ON ROCKET

-18 Days

$999,999

+$486.7K More

$586/SqFt

+$281 More

KEY TAKEAWAY

This property is $486.7K more than the Median Sold Price and $281/SqFt more than other homes in Sarasota, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #A4603333

Listing Office:

  • Office Name: WILLIAM RAVEIS REAL ESTATE
  • Office Phone: (941) 894-1255
  • Listing Agent: Cooper Daves

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IDX Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

Note: Any Compensation information or listing brokers offer of compensation displayed is only applicable to other member participants of the source MLS.

Last updated on: 4/27/2024, 12:19:20 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$5,058

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,065

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1249356
8
/10
  • Phillippi Shores Elementary School

  • 4747 S Tamiami Trl

  • 0.85 miles

  • Public District Grades PK-5

Middle School

school-card-donut-1249357
5
/10
  • Brookside Middle School

  • 3636 S Shade Ave

  • 1.93 miles

  • Public District Grades 6-8

High School

school-card-donut-1249358
6
/10
  • Riverview High School

  • 1 Ram Way

  • 1.02 miles

  • Public Magnet Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $66,071. Residents of Sarasota, FL typically earn between $35k-100k each year. Typical family type is married, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5531 Cannes Cir Unit 704

What is the listing price of this property?

The listing price of 5531 Cannes Cir Unit 704 property is $999,999.

What type of property is this?

The property 5531 Cannes Cir Unit 704 is a condo located in Sarasota, Florida, 34231.

Is this property for sale now?

Active Listing: 5531 Cannes Cir Unit 704 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 5531 Cannes Cir Unit 704 are:
Phillippi Shores Elementary School: GreatSchools Rating 8/10
Brookside Middle School: GreatSchools Rating 5/10
Riverview High School: GreatSchools Rating 6/10

How many bedrooms and bathrooms does this property have?

The property at 5531 Cannes Cir Unit 704 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 5531 Cannes Cir Unit 704 is 1,706 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5531 Cannes Cir Unit 704 is 2006.

Rocket HomesFloridaSarasota CountySarasota342315531 Cannes Cir Unit 704

This home is located at 5531 Cannes Cir Unit 704 in Sarasota, FL and zip code 34231 in the West of Trail neighborhood. This 1,706 square foot home, which was built in 2006, sits on a 0.46 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 13, 2024 and is currently priced at $999,999.

Over 30 listings were sold over their listed price in March 2024 in Sarasota, FL. In the same period over 414 listings were sold below the listed price and 87 listings were sold for the listed price. Between February 2024 and March 2024, Sarasota, FL real estate market has seen increase in the number of listings by 3.8%. The median list price of listings available in March 2024 was $513,207, while the average time on the real estate market was 62 days.

From Rocket Homes Real Estate and based on county public records data.

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