Phillippi Landings 5531 Cannes Cir Unit 803 Sarasota, FL 34231
The Landings NeighborhoodEstimated Value: $671,000 - $939,000
2
Beds
2
Baths
1,706
Sq Ft
$800/mo
HOA Fee
Highlights
- White Water Ocean Views
- Boat Ramp
- Fitness Center
- Phillippi Shores Elementary School Rated A
- Water access To Gulf or Ocean To Bay
- In Ground Pool
About This Home
As of July 2023Wow-wow-wow! Penthouse living in Sarasota at it’s finest- you’ll love Phillippi Landings, a gated enclave of condominium residences with views of Phillippi Creek, the Bay, and even the Gulf in the distance! This highly unique unit features soaring 12-foot ceilings and an expanded open-air terrace for huge views with bright sunny southerly exposure. This unit has been renovated to the highest level and must be seen to believe! Built-in features and high-end cabinetry are everywhere. This home features engineered hardwood floors throughout, upgraded tile in the bathrooms, upgraded baseboard and trim, tray ceilings with custom lighting, built-in wine bar with Miele refrigeration, and office built-ins that you won’t believe. The chef’s kitchen features a total Miele appliance package including induction range and paneled refrigerator and dishwasher. The waterfall Cambria quartz countertop and breakfast bar frames out the kitchen which offers forever views from the sink! Don’t forget the planation shutters over the impact glass windows, 8-foot doors, and built-ins in the laundry room. The owner’s suite features soaring ceilings, terrace access, dual closets with built-ins, and an opulent bathroom with fine wood built-ins and upgraded shower. As icing on the cake, this residence includes a one car enclosed garage (a rarity) and a wet slip for boaters with easy access to the ICW. The building also features a resort style pool, fitness center, onsite management, and beautiful grounds. The cherry on top is that you’re less than 10 minutes to the World’s Famous Siesta Key Beach…You won’t want to miss this exceptional opportunity - schedule your showing today!
Last Agent to Sell the Property
MICHAEL SAUNDERS & COMPANY License #3108183 Listed on: 03/22/2023
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,931
Year Built
- Built in 2006
Lot Details
- South Facing Home
- Mature Landscaping
HOA Fees
- $800 Monthly HOA Fees
Parking
- 1 Car Attached Garage
Property Views
Home Design
- Custom Home
- Florida Architecture
- Slab Foundation
- Tile Roof
- Block Exterior
- Stucco
Interior Spaces
- 1,706 Sq Ft Home
- 1-Story Property
- Built-In Features
- Dry Bar
- Tray Ceiling
- High Ceiling
- Ceiling Fan
- Window Treatments
- Sliding Doors
- Entrance Foyer
- Combination Dining and Living Room
- Home Office
Kitchen
- Built-In Convection Oven
- Cooktop
- Recirculated Exhaust Fan
- Microwave
- Dishwasher
- Wine Refrigerator
- Stone Countertops
- Solid Wood Cabinet
- Disposal
Flooring
- Engineered Wood
- Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- Walk-In Closet
- 2 Full Bathrooms
Laundry
- Laundry closet
- Dryer
- Washer
Outdoor Features
- In Ground Pool
- Water access To Gulf or Ocean To Bay
- Access To Intracoastal Waterway
- No Fixed Bridges
- Access to Saltwater Canal
- Boat Ramp
- Balcony
- Deck
- Rear Porch
Schools
- Phillippi Shores Elementary School
- Brookside Middle School
- Riverview High School
Utilities
- Central Heating and Cooling System
- Thermostat
- Water Filtration System
- Electric Water Heater
- High Speed Internet
- Cable TV Available
Listing and Financial Details
- Visit Down Payment Resource Website
- Assessor Parcel Number 0084082039
Community Details
Overview
- Association fees include cable TV, pool, escrow reserves fund, fidelity bond, maintenance structure, ground maintenance, management, private road, recreational facilities, security, sewer, water
- $27 Other Monthly Fees
- Casey Management Association, Phone Number (941) 922-3391
- Phillippi Landings Community
- Phillippi Landings Subdivision
- Association Owns Recreation Facilities
- The community has rules related to deed restrictions
Recreation
- Boat Ramp
Pet Policy
- Pets up to 74 lbs
- 2 Pets Allowed
Security
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 7, 2016
Sold by
P L Partners Llc
Bought by
Martinelli Paul and Martinelli Christina
Total Days on Market
82
Current Estimated Value
Purchase Details
Closed on
Jul 14, 2006
Sold by
Pl Development B Inc
Bought by
P L Partners Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$753,600
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage
Similar Homes in Sarasota, FL
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Martinelli Paul | $520,000 | Attorney | |
| P L Partners Llc | $947,700 | Attorney |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Martinelli Paul | $350,000 | |
| Closed | Martinelli Paul | $250,000 | |
| Closed | Martinell Christine | $231,950 | |
| Previous Owner | P L Partners Llc | $753,600 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/24/2023 07/24/23 | Sold | $925,000 | -2.6% | $542 / Sq Ft |
| 06/13/2023 06/13/23 | Pending | -- | -- | -- |
| 05/05/2023 05/05/23 | For Sale | $949,900 | 0.0% | $557 / Sq Ft |
| 04/27/2023 04/27/23 | Pending | -- | -- | -- |
| 03/22/2023 03/22/23 | For Sale | $949,900 | -- | $557 / Sq Ft |
Source: Stellar MLS
Tax History Compared to Growth
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 | $3,045 | $635,600 | -- | $635,600 |
| 2023 | $3,045 | $251,740 | $0 | $0 |
| 2022 | $2,931 | $244,408 | $0 | $0 |
| 2021 | $2,915 | $237,289 | $0 | $0 |
| 2020 | $2,915 | $234,013 | $0 | $0 |
| 2019 | $2,809 | $228,752 | $0 | $0 |
| 2018 | $2,738 | $224,487 | $0 | $0 |
| 2017 | $2,724 | $219,870 | $0 | $0 |
| 2016 | $5,766 | $414,200 | $0 | $414,200 |
| 2015 | $5,428 | $377,900 | $0 | $377,900 |
| 2014 | $5,038 | $321,400 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Drew Russell
Seller's Agent in 2023
Drew Russell
Michael Saunders
(941) 841-1523
2 in this area
183 Total Sales
-
Georgia Salaverri
Buyer's Agent in 2023
Georgia Salaverri
COLDWELL BANKER REALTY
(941) 260-6429
6 in this area
126 Total Sales
About Phillippi Landings
Map
Source: Stellar MLS
MLS Number: A4564904
APN: 0084-08-2039
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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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