5531 Cannes Circle 801, SARASOTA, FL

$1,599,000

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4

Beds

3

Baths

2,530

Square feet

0.46

Acres

About 5531 Cannes Circle 801

LUXURY PENTHOUSE WITH PRIVATE BOAT SLIP, OVER 1,000 SQFT TERRACE, and breathtaking views of the Downtown Sarasota skyline, Sarasota Bay, the Gulf, and Phillippi Creek! This one-of-a-kind residence truly defines coastal elegance and sophistication. Complete with an elevator that opens right into the unit, and 2-CAR GARAGE, this exclusive penthouse offers the ultimate combination of privacy, luxury, and convenience. Located directly on the Intercoastal water just minutes from the Gulf, you’re welcomed into this unit by 12-foot ceilings and an abundance of natural light streaming through the expansive windows, showcasing panoramic water and city views from nearly every room. The gourmet kitchen is a chef’s dream, featuring high-end KitchenAid appliances, granite countertops, an induction cooktop with hood, and beautiful custom cabinetry. Adjacent to the kitchen, a cozy dining area offers the perfect spot for casual meals, while the open-concept living room is ideal for entertaining—all while taking in the incredible scenery. The spacious owner’s suite is a serene retreat, complete with access to a SECOND BALCONY/TERRACE, dual closets, and a spa-like bathroom with a walk-in shower, soaking tub, and dual vanities. The second and third bedrooms, located in the opposite wing for privacy, share a well-appointed bathroom—perfect for guests. The fourth versatile bedroom doubles as an office or den, with a full bathroom conveniently nearby. Step outside to the expansive 1,000+sqft terrace—a rare feature in Sarasota—where you can unwind, dine, and entertain while enjoying the magnificent views after a day out on the water from your PRIVATE BOAT SLIP. Additionally, hurricane windows and doors offer peace of mind. Just a short stroll away, the gated community amenities include a heated pool and spa, fitness center, clubhouse with catering kitchen and bar area, kayak launch, and a dog park, all nestled within a secure and beautifully maintained waterfront setting. Opportunities like this are extraordinarily rare in Sarasota—a true penthouse lifestyle offering unmatched outdoor space, panoramic views, and private boating access all in one luxurious package.

Features of 5531 Cannes Circle 801

MLS® # TB8438752
Price $1,599,000
Bedrooms 4
Bathrooms 3.00
Full Baths 3
Square Footage 2,530
Acres 0.46
Year Built 2006
Type Residential
Sub-Type Condominium
Status Active
Taxes $10,228
HOA Frequency Monthly
Condo Fee $2,700
Condo Fee Frequency Quarterly
CDD N

Community Information

Address 5531 Cannes Circle 801
Area Sarasota/Gulf Gate Branch
Subdivision PHILLIPPI LANDINGS
City SARASOTA
County Sarasota
State FL
Zip Code 34231-4082

Amenities

Amenities Elevator(s), Fitness Center, Gated
# of Garages 2
View City, Water
Is Waterfront No
Has Pool No

Interior

Interior Features Crown Molding, Eating Space In Kitchen, Elevator, Primary Bedroom Main Floor, Solid Wood Cabinets, Stone Counters, Thermostat, Tray Ceiling(s), Walk-In Closet(s), Window Treatments
Appliances Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
Heating Central
Cooling Central Air
Fireplace No
# of Stories 8

Exterior

Exterior Features Balcony
Roof Concrete
Foundation Pillar/Post/Pier

School Information

Elementary Phillippi Shores Elementary
Middle Brookside Middle
High Riverview High

Pet Information

Weight 100
Restrictions Buyer to verify all pet restrictions

Rental Restrictions

Minimum Lease 6 Months

Additional Information

Date Listed October 30th, 2025
Zoning RMF4
Foreclosure No
Short Sale No
RE / Bank Owned No
Maintenance Includes Cable TV, Common Area Taxes, Community Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Manager, Private Road, Recreational Facilities, Sewer, Trash, Water

Listing Details

OfficeKELLER WILLIAMS ON THE WATER S

Listing Map

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