Condominium at 5531 CANNES CIR #603, SARASOTA
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$649,000

5531 CANNES CIR #603
SARASOTA, FL 34231
Listed by Albert Wooster
Bedrooms
2
Bathrooms
2
Living area
1,706 sqft
Year built
2006

About this home

Luxury living with spectacular sunset waterfront views in the gated community of Phillippi Landings, offering boating access and a prime Sarasota location just minutes from Siesta Key Beach and downtown. This sixth-floor residence overlooks Phillippi Creek with glimpses of the Intracoastal Waterway and a peek of the Gulf from the private screened balcony. The 2-bedroom, 2-bath plus den floor plan features 10-foot ceilings, crown molding, and numerous upgrades including a newer A/C system, LG refrigerator, LG washer and dryer, KitchenAid dishwasher, Lumens ceiling fans, and upgraded lighting. The kitchen offers granite countertops, wood cabinetry, and stainless steel appliances, opening to the living area and screened balcony through 8-foot sliding doors for seamless indoor-outdoor living for relaxing or entertaining. The primary suite features wood flooring, two walk-in closets, and a spacious bath with dual vanities, garden tub, and walk-in shower. Residents enjoy resort-style amenities including a heated waterfront pool and spa, fitness center, clubhouse, kayak launch, dog park, and scenic boardwalk. Some high-end quality furnishings available.

Highlights

Waterfront

Property details

MLS
Stellar MLS
MLS #
MFRA4685329
Property type
Condominium
Subdivision
PHILLIPPI LANDINGS
Status
Active
Days on market
167
On market date
March 7, 2026
Stories
N/A
Total bathrooms
2
Garage spaces
1
Parking spaces
N/A
Lot size
0.46 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
PHILLIPPI SHORES ELEMENTARY SCHOOL
0.84 mi away · Grades -1-5
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
763
Student:teacher ratio
15.0:1
District
SARASOTA
Middle
BROOKSIDE MIDDLE SCHOOL
1.9 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
760
Student:teacher ratio
15.8:1
District
SARASOTA
High
RIVERVIEW HIGH SCHOOL
0.97 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
2.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
2,542
Student:teacher ratio
20.7:1
District
SARASOTA

Walkability

Blended score for SARASOTA's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

67
Walkable
out of 100
EPA National Walkability Index
9.5 / 20 -- Below average walkable
Google Places amenity density
95 / 100
Restaurants & cafes20
Grocery stores6
Parks3
Schools5
Transit stops20
Pharmacies1

Market position

How this listing compares to current activity in SARASOTA, from live MLS data.

On the market 167 days -- 2 fewer days than SARASOTA's current average of 169 days.
For reference, the median list price across 4,689 active listings in SARASOTA right now is $364,521.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$4,058/mo
$129,800 down
$519,200 loan
Principal & interest$3,368
Property tax (est.)$541
Home insurance (est.)$150

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Data source: Listing information provided by Stellar MLS (mfrmls) via Trestle/CoreLogic. Last updated August 21, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.