5531 Cannes Circle #801 Sarasota, FL 34231 - PHILLIPI CREEK
Pending MLS# TB8438752
4 beds 3 baths 2,530 sq ft Condo
Details for 5531 Cannes Circle #801
MLS# TB8438752
Description for 5531 Cannes Circle #801, Sarasota, FL, 34231 - PHILLIPI CREEK
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.
Listing Information
Property Type: Residential, Condominium
Status: Pending
Bedrooms: 4
Bathrooms: 3
Lot Size: 0.46 Acres
Square Feet: 2,530 sq ft
Year Built: 2006
Garage: Yes
Stories: 1 Story
Construction: Stucco
Subdivision: Phillippi Landings
Foundation: Pillar/Post/Pier
County: Sarasota
School Information
Elementary: Phillippi Shores Elementary
Middle: Brookside Middle
High: Riverview High
Room Information
Main Floor
Living Room: 17x16
Kitchen: 14x24
Bedroom 4: 11x11
Bedroom 3: 11x11
Bedroom 2: 11x13
Primary Bedroom: 15x20
Bathrooms
Full Baths: 3
Additonal Room Information
Laundry: Laundry Room, Inside
Interior Features
Appliances: Electric Water Heater, Washer, Microwave, Range, Refrigerator, Dryer, Dishwasher, Disposal
Flooring: Tile
Doors/Windows: Window Treatments
Additional Interior Features: Walk-In Closet(s), Tray Ceiling(s), Window Treatments, Built-in Features, Elevator, Eat-In Kitchen, Crown Molding, Main Level Primary, Stone Counters, Wood Cabinets
Utilities
Water: Public
Sewer: Public Sewer
Other Utilities: Cable Connected,Electricity Connected,Sewer Connected,Water Connected
Cooling: Central Air
Heating: Central
Exterior / Lot Features
Attached Garage: Attached Garage
Garage Spaces: 2
Roof: Concrete
Pool: Community
Lot View: City,Water
Additional Exterior/Lot Features: Balcony, Balcony
Waterfront Details
Standard Water Body: PHILLIPI CREEK
Water Front Features: Creek
Community Features
Community Features: Dock, Sidewalks, Boat Slip, Pool, Fitness
Security Features: Fire Hydrant(s)
Association Amenities: Gated, Elevator(s), Fitness Center
HOA Dues Include: Maintenance Structure, Pool(s), Insurance, Maintenance Grounds, Reserve Fund, Road Maintenance, Common Areas, Cable TV, Trash, Taxes, Water, Recreation Facilities, Sewer, Association Management
Homeowners Association: Yes
Driving Directions
From Rte. 41 Turn on Phillipi Shores Dr. Turn left on Canes Cir and building is on your left.
Financial Considerations
Terms: Cash,Conventional
Tax/Property ID: 0084082037
Tax Amount: 10228
Tax Year: 2024
A broker reciprocity listing courtesy: KELLER WILLIAMS ON THE WATER S
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Sales History & Tax Summary for 5531 Cannes Circle #801
Sales History
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Tax Summary
| Tax Year | Estimated Market Value | Total Tax |
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| Currently not available. | ||
Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
Schools
Schools nearby 5531 Cannes Circle #801
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The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.
SchoolDigger ® Rating
The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.
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