Price Reduced 6.25%
Price History
$1,599,000
10/30/2025
$1,549,000
12/8/2025
$1,499,000
1/19/2026
5531 CANNES CIRCLE, #801, Sarasota, FL, 34231
6 rooms
4 beds
3 Full baths
2006
2,530 sqft
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.
Status:
Active
Type:
Condo
Laundry Remarks:
Inside, Laundry Room
Complex:
PHILLIPPI LANDINGS
Garage:
2-car
Heating:
Central
Cooling:
Central Air
Levels:
8
Acreage:
0.46
Est. Taxes:
$10,228
Condo Fee
3665.0000
Construction
Stucco
Utilities
Cable Connected, Electricity Connected, Fire Hydrant, Sewer Connected, Water Connected
View Description:
City, Water
Amenities:
Elevator(s), Fitness Center, Gated
Elementary School:
Phillippi Shores Elementary
Middle School:
Brookside Middle
High School:
Riverview High
Days on Market:
78
Elevator:
Y
Pet Policy:
Yes
Appliances:
Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
Min Lease Term:
6 Months
MLS #:
TB8438752
Community Info
School Info
Walk Score
Yelp
Listing courtesy of KELLER WILLIAMS ON THE WATER S 941-803-7522