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$1,549,000 - 5531 Cannes Circle 801, SARASOTA

4
Bedrooms
3
Baths
2,530
SQ. Feet
0.46
Acres

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.

Essential Information

  • MLS® #:
    TB8438752
  • Price:
    $1,549,000
  • 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

Community Information

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

Amenities

  • Amenities:
    Elevator(s), Fitness Center, Gated
  • # of Garages:
    2
  • View:
    City, Water

Interior

  • Interior Features:
    Crown Molding, Eat-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
  • # 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

Additional Information

  • Days on Market:
    66
  • Zoning:
    RMF4

Listing Details

  • Listing Office:
    Keller Williams On The Water S

Listing information courtesy of Keller Williams On The Water S.

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Listing data comes from My Florida Regional MLS.

Listing information last updated on January 13th, 2026 at 7:04pm EST.