Back 302/5591 Cannes Circle
Off Market

302/5591 Cannes Circle

South Sarasota FL 34231

2
2
1
1840 sq. ft.
Condo
Last sold for $460,000
Midge McCarthyMidge McCarthy, last sold this property on 23 January 2025 after 212 days on market.

Overview

MUST SELL THIS MOVE-IN READY CONDO built in 2006 in prestigious Phillippi Landings a gated waterfront community. Cross the private bridge and enter the meticulously landscaped grounds, offering a clubhouse with a catering capacity kitchen, exercise equipment building, dog park and heated pool and spa. Stroll along the brick, lighted promenade that parallels the dock connecting to 30 private boat slips. There is a newer kayak rack and launch. The ground level of the building is the covered garage. Ride the elevator to the third floor and enter 302. The high ceilings are domed with tray ceilings. The den offers a private space. In the kitchen you will find stainless steel appliances, custom cabinets to the ceiling, lower cabinets with pull out drawers for maximum use. Look across the quartz countertops and bar into the dining area and then onto the living room. Crown molding emphasizes the openness of this space with its bay windows on one side and double sliding doors to the covered, private screened balcony. This balcony seems to be nestled in the trees while having a view of the pool and front gate. The master ensuite also has bay windows, two walk-in closets, and the door leads to the lanai. The master bathroom features a long vanity with sink, a smaller sink and vanity, a luxurious soaking tub, a walk-in shower and separate toilet room. There is an ensuite guest bedroom with a tub shower combination and large walk-in closet. The newer full-size dryer and clothes washer are located behind wood bi-folding doors. All the windows, sliding glass doors and front door are Dade County hurricane proof construction, There are plantation shutters on every window. Tile and newer laminate wood floors throughout. This condo includes an assigned parking space adjacent to a private storage room. Walk under cover to your mailbox and the elevator. You may wish to join the busy social life at PL. There are monthly cocktail parties, an assortment of card games, etc., and frequent fun parties. Just to the south is historic Phillippi Park. A mile beyond that is the bridge to Siesta Key Beach. Enjoy the ultimate in location with proximity to shopping, the pristine award winning fine sandy beaches or golf. This building's financial reserves meet the new Florida State requirements for condominium buildings. Financials and engineering reports are available upon requirements. Sarasota offers cultural entertainment, enjoy shows at the theaters or browse the amazing artwork at the John Ringling Museum. In addition, the Opera House is downtown Sarasota and symphony hall for diverse choices of entertainment and Saturday?s Farmers Market. Sarasota hosts annual events like the Winefest, New Year?s Eve celebrations and more. Seller will entertain all offers.

Features

2 bedrooms
2 bathrooms
1 carspace
1 carport space
1840 sq. ft. floor area
Condo

Estimated Value

Based on this property and similar 2 bedroom condos sold in South Sarasota over the last 12 months, the estimated median property value of 302/5591 Cannes Circle is $275k.

Median value
$275k
Estimated value range
$120k - $746.63k
Median days on market
84
Estimated value trend
4%
increase over the last 12 months
Average days on market is based on recent, comparable sales in South Sarasota. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 302/5591 Cannes Circle

2025
Sold
$460,000
23 Jan 2025 by Midge McCarthy, of REMAX Alliance Group | Riverview
2015
Sold
$345,000
13 Mar 2015 by Robert Elario, of COLDWELL BANKER REALTY

Happy sellers in South Sarasota

87%
87% of sellers in South Sarasota reported that their sale price either exceeded or met their price expectations.

South Sarasota stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 16 reviews in South Sarasota over the last 12 months.

Local market activity for 2 bedroom condos in South Sarasota

In the last 12 months, 100 two-bedroom condos similar to 302/5591 Cannes Circle, have been sold.

This represents a 16% decrease in two-bedroom condos sales when compared to the previous 12 months.

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