NOT LISTED FOR SALE

Phillippi Landings 5531 Cannes Cir Unit 603 Sarasota, FL 34231

The Landings Neighborhood

Estimated Value: $630,000 - $693,000

2 Beds
2 Baths
1,706 Sq Ft
$800/mo HOA Fee

Last Sold January 25, 2023

Last sale price $715,000 $419 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $4,984/month

31 Days on Market

Highlights

  • 999 Feet of Waterfront
  • Boat Dock
  • Fitness Center
  • Phillippi Shores Elementary School Rated A
  • Boat Slip Deeded
  • Home fronts a creek

About This Home

As of January 2023

Beautiful luxury gated waterfront condo in the highly desirable community of Phillippi Landings. Enjoy glorious water-view sunsets from your private screened balcony! The 6th-floor unit overlooks Phillippi Creek with views of the Intracoastal and a peek-a-boo view of the Gulf. This 2-bedroom, 2-bath condo with den/office has recent upgrades including new A/C, LG refrigerator, LG washer/dryer, KitchenAid dishwasher, Lumens ceiling fans and high-end lighting. Open and airy floor plan with 10-foot ceilings, crown molding and numerous custom features. Master bedroom has wood laminate flooring, 2 walk-in closets, master bath with dual sinks, garden tub and walk-in shower. Kitchen has granite countertops, wood cabinetry and stainless steel appliances. Enjoy entertaining on your screened balcony with 8-foot sliding doors which creates a seamless indoor/outdoor space. Imagine paddling off in your kayak from the community launch or heading out to the Intracoastal Waterway from your private boat slip! Many wonderful amenities to choose from such as the resort-style heated community pool and spa, fitness center, clubhouse, library, fenced dog park, and beautiful mature landscaping with lighted boardwalk overlooking the waterways. Wonderful full-time residence, vacation home or investment rental property. This premier location is a short driving distance to world-renowned Siesta Key Beach, downtown Sarasota, world-class shopping and dining and A-rated Sarasota Memorial Hospital. This resort lifestyle has all you need, what are you waiting for? HIGH-END TURN KEY OPTION.

Last Agent to Sell the Property

Corinne Fallacaro

PREMIER SOTHEBY'S INTERNATIONAL REALTY License #3316155 Listed on: 12/05/2022

PREMIER SOTHEBY'S INTERNATIONAL REALTY

Last Buyer's Agent

Albert Wooster

ALBERT WOOSTER & COMPANY License #3139453

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,140

Year Built

  • Built in 2006

Lot Details

  • North Facing Home
  • Mature Landscaping

HOA Fees

  • $800 Monthly HOA Fees

Home Design

  • Spanish Architecture
  • Slab Foundation
  • Tile Roof
  • Block Exterior

Interior Spaces

  • 1,706 Sq Ft Home
  • 1-Story Property
  • Crown Molding
  • High Ceiling
  • Ceiling Fan
  • Shades
  • Blinds
  • Combination Dining and Living Room
  • Den
  • Storage Room
  • Inside Utility

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Porcelain Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Parking

  • 1 Carport Space
  • Deeded Parking

Outdoor Features

  • Access To Marina
  • No Fixed Bridges
  • Boat Slip Deeded
  • Dock made with wood
  • Balcony
  • Enclosed Patio or Porch

Schools

  • Phillippi Shores Elementary School
  • Brookside Middle School
  • Riverview High School

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, common area taxes, community pool, escrow reserves fund, insurance, maintenance structure, ground maintenance, manager, pest control, pool maintenance, private road, recreational facilities, security, trash, water
  • Casey Management Association, Phone Number (800) 237-3628
  • Phillippi Landings Community
  • Phillippi Landings Subdivision
  • The community has rules related to vehicle restrictions
  • Rental Restrictions

Amenities

  • Clubhouse
  • Elevator

Recreation

  • Boat Dock
  • Community Boat Slip
  • Park

Pet Policy

  • 2 Pets Allowed

Security

  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,140

Year Built

Built in 2006

Lot Details

0

HOA Fees

$800 per month

Listing Details

  • HOA Fee Includes: Cable TV, Common Area Taxes, Community Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Manager, Pest Control, Pool Maintenance, Private Road, Recreational Facilities, Security, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Spanish/Mediterranean
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1706
  • Lot Size Acres: 0.46
  • New Construction: No
  • Year Built: 2006
  • Building Area Total: 1910
  • Lot Size Sq Ft: 20099
  • Directions to Property: From downtown Sarasota take Tamiami Trail South (US-41S) to Phillippi Landings. Turn right on Monte Carlo Drive, and over the bridge to guard gate. Gate code needed. Turn left onto Cannes Circle. Elevator to 6th floor to unit 603.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4554091?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4554091?w=Customer
  • Floor Number: 6
  • Homestead Y N: No
  • Number Of Pets: 2
  • Unit Number Y N: No
  • Subdivision Num: 8426
  • Call Center Phone Number: 800-746-9464
  • Ratio: Close Price\List Price: 0.99319
  • Price per Sq Ft: 419.11
  • Close to Original List Price Ratio: 0.99319
  • Ratio: Current Price\Building Area Total: 374.35
  • View: Yes
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Laminate, Porcelain Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Crown Molding, High Ceiling(s), Living Room/Dining Room Combo, Solid Wood Cabinets, Stone Counters, Thermostat, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 1
  • Window Features: Blinds, Shades
  • Street Number Modifier: 5531
  • Room Count: 7
  • Additional Rooms: Den/Library/Office, Inside Utility, Storage Rooms
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: North
  • Pool Features: Other
  • Exterior Features: Balcony
  • Roof: Tile
  • Pool Private: No
  • View: Water
  • Waterfront: Yes
  • Patio and Porch Features: Enclosed, Screened
  • Road Surface Type: Paved
  • Water View: Bay/Harbor - Partial, Gulf/Ocean - Partial
  • Water Access: Marina
  • Water Extras: Bridges - No Fixed Bridges, Dock - Slip Deeded On-Site, Dock - Wood
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12115C0143F
  • Waterfront Frontage: 999
  • Water Frontage Feet Creek: 999
  • Disclosures: Condominium Disclosure Available, Seller Property Disclosure

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Yn: No
  • Parking Features: Assigned, Deeded, Under Building
  • Covered Parking Spaces: 1
  • Open Parking: No

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Fitness, Gated Community, Pool, Sidewalk, Water Access, Waterfront
  • Association Amenities: Boat Slip, Cable TV, Clubhouse, Boat Dock, Elevator(s), Gated, Park, Pool, Vehicle Restrictions
  • Association Name: Casey Management
  • Phone: 800-237-3628
  • Association: Yes
  • Security: Gated Community, Smoke Detector(s)
  • Senior Community: No
  • Condo Fees: 2400
  • Condo Fees Term: Quarterly
  • Association Email: twarmbold64@gmail.com
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 800
  • Association Fee Requirement: None
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 9600
  • Total Monthly Fees: 800

Schools

  • Elementary School: Phillippi Shores Elementary
  • High School: Riverview High
  • Middle Or Junior School: Brookside Middle

Lot Info

  • Zoning: RMF4
  • Parcel Number: 0084082027
  • Additional Parcels: No
  • Flood Zone Code: AE
  • Flood Zone Date: 2016-11-04
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Pet Size: Extra Large (101+ Lbs.)
  • Max Pet Weight: 999
  • Minimum Lease: 3 Months
  • Approval Process: Please review HOA Docs
  • Num Timesper Year: 2
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: See HOA Docs

Tax Info

  • Tax Annual Amount: 5140
  • Tax Block: 3018
  • Tax Book Number: 39/20
  • Tax Lot: 0

Multi Family

  • Waterfront Features: Creek

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 5, 2022
Closed on
Jan 25, 2023
Sold by
B Squared Of Naples Llc
Bought by
Patrick J Hennigan Declaration Of Trust
Seller's Agent
Corinne Fallacaro
PREMIER SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
Albert Wooster
ALBERT WOOSTER & COMPANY
List Price
$719,900
Sold Price
$715,000
Premium/Discount to List
-$4,900
-0.68%
Views
47
Current Estimated Value
$661,194

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$53,806
Avg. Annual Appreciation
-2.63%

Purchase Details

Listed on
May 5, 2022
Closed on
May 3, 2022
Sold by
Shaw Living Trust
Bought by
B Squared Of Naples Llc
Seller's Agent
Stellar Non-Member Agent
Stellar Non-Member Office
Buyer's Agent
Corinne Fallacaro
PREMIER SOTHEBY'S INTERNATIONAL REALTY
List Price
$640,000
Sold Price
$640,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.39%

Purchase Details

Closed on
Sep 25, 2018
Sold by
Shaw Bradford R and Shaw Alice H
Bought by
Shaw Bradford R and Shaw Down R

Purchase Details

Closed on
Mar 2, 2015
Sold by
Shaw Alice H
Bought by
Shaw Alice H and Alice H Shaw Revocable Trust

Purchase Details

Listed on
Jun 13, 2014
Closed on
Aug 13, 2014
Sold by
Johnson Cynthia Ann
Bought by
Shaw Alice H
Seller's Agent
Drew Russell
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Drew Russell
MICHAEL SAUNDERS & COMPANY
List Price
$375,000
Sold Price
$360,000
Premium/Discount to List
-$15,000
-4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.74%

Purchase Details

Closed on
May 4, 2007
Sold by
Johnson Edgar Ernest and Johnson Cynthia Ann
Bought by
Johnson Cynthia Ann and Cynthia Ann Johnson Revocable Trust

Purchase Details

Closed on
Jun 27, 2006
Sold by
Pl Development B Inc
Bought by
Johnson Edgar Ernest and Johnson Cynthia A
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Patrick J Hennigan Declaration Of Trust $715,000 --
B Squared Of Naples Llc $640,000 Berlin Patten Ebling Pllc
Shaw Bradford R -- Attorney
Shaw Bradford R -- Accommodation
Shaw Alice H -- Attorney
Shaw Alice H $360,000 Attorney
Johnson Cynthia Ann -- Attorney
Johnson Edgar Ernest $707,300 Attorney
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/25/2023 01/25/23 Sold $715,000 -0.7% $419 / Sq Ft
01/06/2023 01/06/23 Pending -- -- --
12/05/2022 12/05/22 For Sale $719,900 +12.5% $422 / Sq Ft
05/05/2022 05/05/22 Sold $640,000 0.0% $375 / Sq Ft
05/05/2022 05/05/22 For Sale $640,000 +26566.7% $375 / Sq Ft
04/25/2022 04/25/22 Pending -- -- --
08/17/2018 08/17/18 Off Market $2,400 -- --
08/17/2018 08/17/18 Off Market $360,000 -- --
09/28/2017 09/28/17 Off Market $2,400 -- --
06/30/2017 06/30/17 Rented $2,400 0.0% --
05/31/2017 05/31/17 Under Contract -- -- --
04/01/2017 04/01/17 Sold $2,400 0.0% $1 / Sq Ft
03/29/2017 03/29/17 For Rent $2,400 0.0% --
03/25/2017 03/25/17 For Sale $479,000 +33.1% $281 / Sq Ft
08/13/2014 08/13/14 Sold $360,000 -4.0% $211 / Sq Ft
06/20/2014 06/20/14 Pending -- -- --
06/13/2014 06/13/14 For Sale $375,000 -- $220 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $7,068 $520,600 -- $520,600
2023 $7,068 $562,000 $0 $562,000
2022 $5,141 $443,400 $0 $443,400
2021 $4,258 $311,200 $0 $311,200
2020 $4,180 $299,400 $0 $299,400
2019 $4,061 $293,500 $0 $293,500
2018 $4,671 $343,700 $0 $343,700
2017 $3,885 $311,925 $0 $0
2016 $3,892 $358,400 $0 $358,400
2015 $3,961 $326,900 $0 $326,900
2014 $4,414 $278,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Corinne Fallacaro

    Seller's Agent in 2023

    Corinne Fallacaro

    PREMIER SOTHEBY'S INTERNATIONAL REALTY

    (941) 685-9579

    2 in this area

    26 Total Sales

    Corinne Fallacaro
    Section Image
  • Albert Wooster

    Buyer's Agent in 2023

    Albert Wooster

    ALBERT WOOSTER & COMPANY

    (941) 350-1220

    2 in this area

    78 Total Sales

    Albert Wooster
    Section Image

  • K

    Buyer Co-Listing Agent in 2022

    Kim Rossi

    GRECO REAL ESTATE

    (941) 951-6660

    1 in this area

    32 Total Sales

    Kim Rossi
    Section Image
  • Jorge Zea

    Seller's Agent in 2017

    Jorge Zea

    BLUE LIGHTHOUSE REALTY INC

    (855) 550-0528

    1,380 Total Sales

    Jorge Zea
    Section Image
  • Drew Russell

    Seller's Agent in 2014

    Drew Russell

    Michael Saunders

    (941) 841-1523

    2 in this area

    177 Total Sales

    Drew Russell
    Section Image
See All Agents

About Phillippi Landings

Map

Source: Stellar MLS

MLS Number: A4554091

Stellar MLS

APN: 0084-08-2027

Florida Sarasota County Sarasota 34231 The Landings

5531 Cannes Cir Unit 603, Sarasota, FL

This home is located at 5531 Cannes Cir Unit 603, Sarasota, FL 34231 since 05 December 2022 and is currently estimated at $661,194, approximately $387 per square foot. This property was built in 2006. 5531 Cannes Cir Unit 603 is a home located in Sarasota County with nearby schools including Phillippi Shores Elementary School, Riverview High School, and Brookside Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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