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$679,000
$389/sqft6% reduced
HOA: $3,490/quTaxes: $7,339/yr134d on market
4 Beds|3 Baths|1,745 Sq Ft|Built 2022|2 Car Garage
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💡 Price recently reduced — this could be a great opportunity to negotiate.

C2C

Coast 2 Coast Home Realty

Licensed Florida Realtors

4.9· 214 reviews

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Buyer Insights

Here's what we know about this listing.

Why this home stands out

  • Price reduced 6% ($40,000 off original)
  • 134+ days on market — seller may be motivated

Buyer Insights are informational only — always verify with your agent.

Welcome to 5589 Cannes Circle—an exceptional waterfront townhome in the gated community of Phillippi Landings, where refined design meets effortless Florida living. Perfectly positioned along Phillippi Creek, this residence offers breathtaking water views and a rare sense of privacy, all just minutes from The Landings Shopping Center, Siesta Key, and downtown Sarasota. This impeccably maintained three-story home features 4 bedrooms, 3 full baths, and a bright, open-concept layout designed for both everyday comfort and entertaining. Soaring ceilings, abundant natural light, and thoughtfully selected finishes create a clean, contemporary aesthetic throughout. The designer kitchen is equipped with solid surface countertops, stainless steel appliances, 42” cabinetry and perfectly appointed island that flows seamlessly into the main living space. Multiple outdoor living areas—including two private lanais—invite you to enjoy the peaceful creek views and lush tropical surroundings. A private elevator provides access to all levels, while the oversized garage offers generous storage for boats, kayaks, beach gear and more. Built with quality and efficiency in mind, the home includes impact-rated windows, energy-efficient systems, LED lighting, and durable finishes such as beautifully maintained engineered wood flooring throughout. Additional upgrades include Moen fixtures, Kohler plumbing features, and professionally designed landscaping within the community. Offered in immaculate, move-in ready condition, this residence is available to purchase furnished for a turnkey experience or unfurnished to suit your personal style—making it an ideal full-time home, seasonal retreat, or turnkey investment opportunity. Furnishings offered separately. Residents of Phillippi Landings enjoy a resort-style lifestyle with amenities including a heated pool, fitness center, dog park, clubhouse, kayak launch, and a scenic boardwalk along the water. The adjacent Phillippi Harbor Club marina offers convenient access for boating enthusiasts. This is a rare opportunity to own a waterfront-facing home in one of Sarasota’s most desirable communities. Call today for a private showing!

County
Sarasota
Zip Code
34231

Neighborhood

Map unavailable

Type
Townhouse
Living Area
1,745 sqft
Construction
Block
Roof
Tile
Flooring
Hardwood
Pool
No
HOA
$3,490 / Quarterly
  • High Ceilings
  • Open Floorplan
  • Walk-in Closet(s)
  • Balcony
  • Dishwasher
  • Dryer
  • Range
  • Refrigerator
  • Washer
  • Inside
  • Cable Connected
  • Electricity Connected
  • Buyer Approval Required
  • Dog Park
  • Fitness Center
  • Gated Community - No Guard
  • Pool
  • Cable Tv
  • Pool
  • Maintenance Structure
  • Maintenance Grounds
  • Pest Control
  • Private Road
  • Security
  • Trash
Bedrooms
4
Bathrooms
3
Year Built
2022
Construction
Block
Flooring
Hardwood
Roof
Tile
Garage Spaces
2
Cooling
Central Air
Heating
Central, Electric
Waterfront
No
Pet Restrictions
Yes
Lot Size
0 acres
Senior Community
No
Building Elevator
Pet Size
# of Pets
2
Max Pet Weight
Tax Year
2025
Annual Tax Amount
$7,339

Association Fees

  • HOA Fee

    Casey Management

    $3,490/ Quarterly

Down Payment20% — $135,800
Interest Rate6.50%
Loan Term
Est. Mortgage
$3,433
HOA Fee
$1,163
Est. Property Tax
$612
Est. Insurance
$226
Total Est. Monthly Cost$5,434

* Estimates are for illustration purposes only and do not constitute an offer of financial advice. Actual rates, payments, insurance, and taxes will vary based on credit, location, and other factors. Contact a licensed mortgage professional for a personalized quote. Homeowners insurance estimate based on Florida averages.

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