NOT LISTED FOR SALE

5577 Cannes Cir Unit 5577 Sarasota, FL 34231

The Landings Neighborhood

Estimated Value: $669,000 - $768,000

4 Beds
3 Baths
1,875 Sq Ft
$900/mo HOA Fee

Last Sold April 17, 2024

Last sale price $775,000 $413 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $5,340/month

37 Days on Market

Highlights

  • 40 Feet of Waterfront
  • Fitness Center
  • Heated Pool
  • Phillippi Shores Elementary School Rated A
  • New Construction
  • Access To Creek

About This Home

As of April 2024

Stunning, new construction townhome that is professionally decorated and fully furnished. Bring your bags and move right into this beautiful home complete with Cafe line appliances, mirrored wall in dining room, electric blinds, ceiling fans, all LED lighting, acrylic sealed garage floor, screened lanai overlooking the Phillippi Creek waterway. This home has a premium view facing south and looking out over the creek and parts of south Sarasota. Impact glass windows and doors take the worry from storm season. There’s an elevator to take you to any floor in your home. Outside you’ll find a kayak launch and storage on site, a clubhouse, exercise room and swimming pool. Condo fees include most of your expenses here including all exterior insurance and maintenance, water and sewer, on site manager, pool and clubhouse with fitness center and dog park, pest control, basic cable tv, and an escrow reserves fund. Let the fun begin in this maintenance-free lifestyle that’s sure to be a winner.

Last Agent to Sell the Property

Cindy Marovich

PREMIER SOTHEBYS INTL REALTY Brokerage Phone: 941-412-3323 License #3108148 Listed on: 03/01/2024

PREMIER SOTHEBYS INTL REALTY

Last Buyer's Agent

Kathy Arsenault

FLORIDA COASTAL REALTY License #3300762

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,259

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 40 Feet of Waterfront
  • 20 Feet of Brackish Waterfront
  • 20 Feet of Creek Waterfront
  • Property fronts brackish water
  • North Facing Home
  • Irrigation

HOA Fees

  • $900 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Slab Foundation
  • Tile Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,875 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Crown Molding
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • Creek or Stream Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Heated Pool
  • Access To Creek
  • Access to Brackish Water
  • Exterior Lighting
  • Rain Gutters

Utilities

  • Central Air
  • Heat Pump System
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, common area taxes, pool, escrow reserves fund, fidelity bond, insurance, pest control, private road, sewer, water
  • Casey Management, Megan Mcleod Association, Phone Number (941) 922-3391
  • Built by Taylor Morrison
  • Phillippi Landings Community
  • Phillippi Landings Subdivision
  • The community has rules related to deed restrictions

Recreation

  • Fitness Center
  • Community Pool

Additional Features

  • Clubhouse
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,259

Year Built

Built in 2022 | New Construction

Lot Details

0

HOA Fees

$900 per month

Parking

2

Listing Details

  • HOA Fee Includes: Cable TV, Common Area Taxes, Pool, Escrow Reserves Fund, Fidelity Bond, Insurance, Pest Control, Private Road, Sewer, Water
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Condominium
  • Construction Materials: Block, Concrete, Stucco
  • Fireplace: No
  • Living Area: 1875
  • New Construction: Yes
  • Year Built: 2022
  • Building Area Total: 2810
  • Directions to Property: Travel north on 41 from Clark Rd and Phillippi Landings will be on the left. Pull into community at gate and go left. This is the first townhome building on your left. This unit is next to last one on right.
  • Status: Sold
  • Ownership: Condominium
  • ResoBuildingAreaSource: Builder
  • Available for Lease YN: 1
  • Escrow State: FL
  • Floor Number: 1
  • List Office Head Office Key Nume: 1037329
  • Minimum Lease: 3 Months
  • RATIO Current Price By Calculate: 413.33
  • Total Acreage: Non-Applicable
  • Unit Number YN: 0
  • Water Access YN: 1
  • Condo Fees Term: Quarterly
  • MFR_InLawSuiteYN: 0
  • MFR_CommunityAssociationWaterFeatures: Canal Front,Dock
  • Attribution Contact: 941-412-3323
  • Tax Year: 2023
  • Special Features: 4098

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Luxury Vinyl
  • Full Bathrooms: 3
  • Interior Amenities: Ceiling Fans(s), Crown Molding, Kitchen/Family Room Combo, Living Room/Dining Room Combo
  • Appliances Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Touchless Faucet, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: Three Or More
  • Stories: 3
  • Window Features: Blinds
  • Street Number Modifier: 5577
  • ResoLivingAreaSource: Builder
  • Living Area Meters: 174.19
  • Room Count: 7

Exterior Features

  • Direction Faces: North
  • Pool Features: Heated
  • Exterior Features: Irrigation System, Lighting, Rain Gutters, Sliding Doors
  • Roof: Tile
  • Pool Private: No
  • Waterfront: Yes
  • Road Surface Type: Paved
  • Disclosures: HOA/PUD/Condo Disclosure
  • Water Access: Brackish Water,Creek
  • Water Extras YN: 0
  • Water View: Creek
  • Water View YN: 1
  • Waterfront Feet Total: 40
  • Water Frontage Feet Creek: 20
  • Water Frontage Feet Brackish Wat: 20

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Driveway

Utilities

  • Utilities: Cable Connected, Electricity Connected, Public
  • Cooling: Central Air
  • Heating: Heat Pump
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Clubhouse, Deed Restrictions, Fitness Center, Gated Community - No Guard, Pool
  • Association Amenities: Fitness Center, Gated
  • Association Name: Casey Management, Megan McLeod
  • Phone: 941-922-3391
  • Association: No
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Building Name Number: 5577
  • Condo Fees: 2700
  • Condo Land Included YN: 1
  • Montly Maint Amt Addition To HOA: 0
  • Association Email: mmcleod@caseymanagement.com
  • Monthly Condo Fee Amount: 900

Fee Information

  • Total Annual Fees: 10800.00
  • Total Monthly Fees: 900.00

Lot Info

  • Zoning: RMF4
  • Parcel Number: 0084083011
  • Additional Parcels: No
  • Property Attached Yn: Yes
  • Flood Zone Code: AE
  • Homestead YN: 0
  • Lot Size Square Meters: 0

Building Info

  • Builder Name: Taylor Morrison

Rental Info

  • Furnished: Furnished
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Please see association documents or talk to management company.

Tax Info

  • Tax Annual Amount: 6259.47
  • Tax Block: 1
  • Tax Lot: 5105

Multi Family

  • Waterfront Features: Brackish Water, Creek
  • Approval Process: See association documents.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2024
Closed on
Apr 17, 2024
Sold by
Baker David and Baker Janet E
Bought by
Agresta Marcus
Seller's Agent
Cindy Marovich
PREMIER SOTHEBYS INTL REALTY
Buyer's Agent
Kathy Arsenault
FLORIDA COASTAL REALTY
List Price
$865,000
Sold Price
$775,000
Premium/Discount to List
-$90,000
-10.4%
Views
44
Current Estimated Value
$719,060

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$55,940
Avg. Annual Appreciation
-2.85%
Source: Public Records

Range of Values:

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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
Agresta Marcus $775,000 None Listed On Document
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/17/2024 04/17/24 Sold $775,000 -6.1% $413 / Sq Ft
04/08/2024 04/08/24 Pending -- -- --
03/27/2024 03/27/24 Price Changed $825,000 -4.6% $440 / Sq Ft
03/01/2024 03/01/24 For Sale $865,000 -- $461 / 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 $6,259 $526,680 -- --
2023 $6,259 $478,800 $0 $478,800
2022 -- -- -- --
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2024

    Cindy Marovich

    PREMIER SOTHEBYS INTL REALTY

    (941) 408-6041

    1 in this area

    27 Total Sales

    Section Image
  • Kathy Arsenault

    Buyer's Agent in 2024

    Kathy Arsenault

    FLORIDA COASTAL REALTY

    (317) 538-1192

    1 in this area

    73 Total Sales

    Section Image
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Map

Source: Stellar MLS

MLS Number: N6131520

Stellar MLS

APN: 0084-08-3011

Florida Sarasota County Sarasota 34231 The Landings

5577 Cannes Cir Unit 5577, Sarasota, FL

This home is located at 5577 Cannes Cir Unit 5577, Sarasota, FL 34231 since 01 March 2024 and is currently estimated at $719,060, approximately $383 per square foot. This property was built in 2022. 5577 Cannes Cir Unit 5577 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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