Back 501/5591 Cannes Circle
Off Market

501/5591 Cannes Circle

South Sarasota FL 34231

3
2
1
2243 sq. ft.
Condo
Last sold for $600,000
Pam CharronPam Charron, last sold this property on 13 May 2025 after 158 days on market.

Overview

Looking for a carefree lifestyle where you can enjoy everyday living in one of Florida's most desirable areas? Sarasota, celebrated as one of the best places to retire, is home to the world-renowned Siesta Key Beach. Phillippi Landings, a gated condo community, is conveniently located just off the key and offers resort-style amenities. This 5th-floor corner furnished unit is filled with natural light and boasts 2,024 sq. ft. of living space, including 3 bedrooms, 2 bathrooms, high ceilings, and a spacious screened balcony. The open floor plan features many recent updates, including a refreshed kitchen with granite countertops, wood cabinetry, and a breakfast bar with room for a dinette table. The primary bedroom includes a private en-suite bath, walk-in closets, and balcony access. The split bedroom floor plan provides privacy for guests or family members.Additional features include a building elevator, tile and wood flooring, a private oversized 1-car garage, and ample storage space. The unit is equipped with a security system and remote video cameras. Phillippi Landings amenities include a heated pool, spa, lounge chairs, fitness center, clubhouse with kitchen, dog park, boardwalk, kayak launch, and optional boat slips. Some condos have boat slips, so if boating is your passion, you may be able to sublet from a neighbor or walk to the Phillippi Harbor Club Rackominium and Marina. The Landings, offering a variety of shops, conveniences, and dining options, is just 1 mile from Phillippi Landings. Enjoy fresh veggies and more from the weekly Phillippi Creek Farm Market and less than a 5 mile drive to Downtown Sarasota for theater, art galleries, entertainment, and a plethora of annual events.

Features

3 bedrooms
2 bathrooms
1 carspace
1 garage space
2243 sq. ft. floor area
Condo

Estimated Value

Based on this property and similar 3 bedroom condos sold in South Sarasota over the last 12 months, the estimated median property value of 501/5591 Cannes Circle is $405k.

Median value
$405k
Estimated value range
$165k - $925k
Median days on market
46
Estimated value trend
-30%
decrease 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 501/5591 Cannes Circle

2025
Sold
$600,000
13 May 2025 by Pam Charron, of COMPASS FLORIDA LLC
2021
Sold
$487,500
07 Jan 2021 by Kevin Robbins, of HARRY ROBBINS ASSOC INC
2015
Sold
$475,000
10 Jun 2015 by Sania Allen, of MICHAEL SAUNDERS & COMPANY

Happy sellers in South Sarasota

78%
78% 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 20 reviews in South Sarasota over the last 12 months.

Local market activity for 3 bedroom condos in South Sarasota

In the last 12 months, 26 three-bedroom condos similar to 501/5591 Cannes Circle, have been sold.

This represents a 20% increase in three-bedroom condos sales when compared to the previous 12 months.

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