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$1,599,000
5 Days On Site

5531 CANNES CIRCLE 801
SARASOTA, FL 34231

For Sale|Condominium|Active
4
Beds
3
Total Baths
3
Full Baths
2,530
SqFt
$632
/SqFt
2006
Built
Subdivision:
PHILLIPPI LANDINGS
County:
Sarasota
Call Now: 941-685-5565
Is this the listing for you? We can help make it yours.
941-685-5565
5531 CANNES CIRCLE 8015531 CANNES CIRCLE 8015531 CANNES CIRCLE 8015531 CANNES CIRCLE 801
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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.

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Listing Snapshot
Price 
$1,599,000
Days On Site 
5 Days
Bedrooms 
4
Inside Area (SqFt) 
2,530 sqft
Total Baths 
3
Full Baths 
3
Partial Baths 
N/A
Lot Size 
0.46 Acres
Year Built 
2006
MLS® Number 
TB8438752
Status 
Active
Property Tax 
$10,228
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Public Records
Friends & Family
Recent Activity
14 hours agoListing updated with changes from the MLS®
14 hours agoStatus changed to Active
6 days agoListing first seen on site
General Features
Acres 
0.46
Attached Garage 
Yes
Direction Faces 
East
Foundation 
Pillar/Post/Pier
Garage 
Yes
Garage Spaces 
2
Levels 
One
Number Of Stories 
8
Parking 
Attached
Pets 
Yes
Property Sub Type 
Condominium
Sewer 
Public Sewer
SqFt Total 
3760
Utilities 
Cable AvailableCable ConnectedElectricity ConnectedSewer ConnectedWater Connected
Water Source 
Public
Zoning 
RMF4
Interior Features
Appliances 
DishwasherDisposalDryerElectric Water HeaterMicrowaveRangeRefrigeratorWasher
Cooling 
Central Air
Flooring 
Tile
Heating 
Central
Interior 
ElevatorCrown MoldingEat-in KitchenStone CountersTray Ceiling(s)Walk-In Closet(s)
Laundry Features 
InsideLaundry Room
Bedroom 2 
Dimensions - 13x11Level - First
Bedroom 3 
Dimensions - 11x11Level - First
Bedroom 4 
Dimensions - 11x11Level - First
Kitchen 
Dimensions - 24x14Level - First
Living Room 
Dimensions - 16x17Level - First
Master Bedroom 
Dimensions - 20x15Level - First
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Exterior Features
Construction Details 
Stucco
Exterior 
Balcony
Roof 
Concrete
View 
CityWater
Waterfront Features 
PHILLIPI CREEK
Waterview 
CityWater
Community Features
Association Amenities 
Elevator(s)Fitness CenterGated
Community Features 
Fitness CenterPoolSidewalks
Financing Terms Available 
CashConventional
HOA Fee Frequency 
Monthly
MLS Area 
34231 - Sarasota/Gulf Gate Branch
Roads 
Paved
Township 
37
Schools
School District
Unknown
Elementary School
Phillippi Shores Elementary
Middle School
Brookside Middle
High School
Riverview High
Listing courtesy of KELLER WILLIAMS ON THE WATER S 2175083098



Listing information is provided by Participants of the Stellar MLS. IDX information is provided exclusively for 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 is deemed reliable but not guaranteed. Properties displayed may be listed or sold by various participants in the MLS Copyright 2025, Stellar MLS.
Last checked: 2025-11-05 06:45 AM EST

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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