David Ramirez
$579,000$668,0003 bd3 ba1,825 sqft$317 /sqft$3,762 /mo all-in ↓

5560 CANNES CIRCLE UNIT 3-106, SARASOTA, FL, 34231

Active315 days on marketListed Sep 18, 2025MLS #A4665433

Reduced $89KTownhousePHILLIPPI LANDINGS

About this home

5560 CANNES CIRCLE UNIT 3-106

Beautiful luxury townhome with contemporary flair located only minutes from Siesta Key. This 3-story residence offers affordable luxury and maintenance-free living in a premier location on the shores of Phillippi Creek, where you are surrounded by 10 acres of stunning tropical foliage and landscaping. Rarely available, this is your chance to live in an open concept space with high ceilings, designer kitchen features, spectacular interior details and stylish bathroom fixtures. Upon entering this 3-bedroom, 3-bathroom home, you will fall in love with the bright, open floorplan featuring high-end finishes and an abundance of natural light. Enjoy relaxing on one of two lanais; one on the ground floor with outside access and another one upstairs with stunning views. There are stairs and a private elevator for your convenience as well as an oversized garage with plenty of room to store kayaks, golf clubs, beach chairs, fishing poles and more. The Phillippi Harbor Club Rackominium and Marina is right next door for your boating pleasures. There is also an onsite resort-style pool and kayak launch for active pursuits. Additional amenities include a clubhouse, dog park, fitness center and lighted boardwalk. You are minutes away from downtown Sarasota, fine dining, shopping, outdoor activities and the area’s famous beaches. Enjoy the best of Sarasota luxury living in the secluded, gated waterfront community of Phillippi Landings.

Facts & features

The home at a glance

3

Bedrooms

3

Bathrooms

1,825

Sqft

0.13 ac

Lot size

2

Garage

2020

Year built

Three Or More

Levels

$317

Per sqft

Trees/Woods & Water viewPets allowed

Inside

FlooringCarpet · Ceramic Tile
AppliancesCooktop · Dishwasher · Disposal · Dryer · Electric Water Heater · Exhaust Fan · Freezer · Ice Maker · Microwave · Refrigerator · Washer
InteriorElevator · In Wall Pest System · Stone Counters · Walk-In Closet(s)
LaundryInside · Laundry Room
CoolingCentral Air
HeatingCentral · Electric

Outside & construction

RoofTile
ConstructionBlock · Stucco
FoundationBlock · Pillar/Post/Pier · Slab
ViewTrees/Woods · Water
FacesNorth
ParkingGround Level · Tandem · Under Building
ExteriorIrrigation System · Sliding Doors

Community & fees

Taxes (2024)$3,133/yr
PetsYes
CommunityAssociation Recreation - Owned · Buyer Approval Required · Deed Restrictions · Fitness Center · Pool · Sidewalks

Utilities & systems

UtilitiesCable Connected · Fire Hydrant · Sprinkler Well · Water Connected
WaterPublic

The numbers

What it really costs

Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.

$3,762 /mo · 10% down Conventional, 30-yr fixed at 6%

Principal & interest$3,124
PMI (est., until 20% equity)$217
Property tax — 2024 actual bill$261
Insurance (FL estimate)$160

The assumptions

Loan typeConventionalDown payment10% · $57,900Loan30-yr fixed at 6%Mortgage insuranceIncludedTaxesActual bill on recordInsuranceFlorida estimate

Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.

These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:

Andrew Acosta

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Run your own numbers

Loan type

FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.

Down payment10% · $57,900
Interest rate6.00%
Loan term

Estimated payment

$3,762/mo

Principal & interest$3,124
PMI (est., until 20% equity)$217
Property taxes (actual bill)$261
Est. insurance$160

Includes estimated PMI — it drops off once you reach 20% equity. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.

Value check

Is the price right?

The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.

List $579K
$377KedgeAI estimate $478,449 · range $393K$530K$602K

vs edgeAI estimate

+21%

$/sqft vs Sarasota actives

$317 vs $331

Days on market

315 vs 58 typical

Where $317/sqft sits among the 400 Sarasota actives

222 · this home
54
44
20
24
36
$162–363$363–565$565–767$767–969$969–1170$1170+

The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.

Where it sits

Inside Phillippi Landings

Map of 5560 CANNES CIRCLE UNIT 3-106 inside its neighborhood boundary

Drive times from this address

Downtown Tampa68 min

Estimated driving times, typical traffic. Data © OpenStreetMap contributors.

Get to know Sarasota. See the full Sarasota guide →

Phillippi Landings — neighborhood snapshot

Population

408

Median age

72

Median income

$105,455

Median home value

$512,400

Avg household

2

Households w/ children

6%

For the school run

Sarasota County School District

ElementaryPhillippi Shores Elementary School★★★★★
HighRiverview High School★★★★
MiddleBrookside Middle School★★★★★

School assignments and ratings via edgeAI — always verify with the district.

The numbers that matter

The Sarasota market

Seller’s marketBalanced6.0 months of inventoryBuyer’s market

$470K$470K

Sarasota median sold, yr/yr

95.1%

Sale-to-list ratio (12 mo)

162 of 400

Sarasota actives have cut their price

Median sold price, Sarasota, trailing 36 months (3-month rolling) · live MLS data.

This home is listed 185% above the SARASOTA 34231 median. See the full Sarasota market guide →

Paper trail

This home's history

CurrentPrice reduced to $579,000 $89K
Sep 18, 2025Listed at $668,000 · 315 days on market since
2020Built · PHILLIPPI LANDINGS

Reality check

What actually sold near 5560 CANNES CIRCLE UNIT 3-106

Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.

5565 CANNES CIRCLE UNIT 5565Sold · Mar ’26

$695,000

5565 CANNES CIRCLE UNIT 5565 · same community

4 bd · 3 ba · 1,745 sqft · $398/sqft · 146 DOM

5531 CANNES CIRCLE UNIT 801Sold · Apr ’26

$1,358,000

5531 CANNES CIRCLE UNIT 801 · same community

4 bd · 3 ba · 2,530 sqft · $537/sqft · 114 DOM

1712 CHEYENNE STREETSold · Apr ’26

$460,000

1712 CHEYENNE STREET

3 bd · 2 ba · 1,740 sqft · $264/sqft · 116 DOM

Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.

Your home team

The pros in your corner

Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.

David Ramirez

Your agent

David Ramirez

Real Estate Agent · CENTURY 21 Edge

Tours, negotiation, and every question about 5560 CANNES CIRCLE UNIT 3-106 — start here.

Andrew Acosta

Your lender

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Pre-approval, rates, and the real monthly number for 5560 CANNES CIRCLE UNIT 3-106 — before you fall in love.

See it in person

Schedule a tour

Pick a day that works — this goes straight to David's phone and CRM.

Goes straight to David’s phone and CRM.

Straight answers

5560 CANNES CIRCLE UNIT 3-106 FAQs

What would the monthly payment be for 5560 CANNES CIRCLE UNIT 3-106?+

With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $3,762/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.

What are the property taxes on 5560 CANNES CIRCLE UNIT 3-106?+

The most recent tax bill on record (2024) was $3,133. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.

Are pets allowed at 5560 CANNES CIRCLE UNIT 3-106?+

The listing reports pets: Yes. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.

How does the price compare to other homes in Sarasota?+

At $579,000, this home is listed about 2% above the Sarasota median of $570,000. The market section on this page shows how the area is trending.

Which schools are assigned to 5560 CANNES CIRCLE UNIT 3-106?+

Phillippi Shores Elementary School (elementary), Riverview High School (high), Brookside Middle School (middle) — Sarasota County School District. Always verify school assignments with the district before relying on them.

The brief

Five things that matter here

01Positioned at the premium end

$579,000 runs 185% above the SARASOTA 34231 median.

02Trees/Woods & Water views

The trees/woods and water view is part of what you're buying — views hold value independently of the structure.

03Time on market is leverage

315 days on market against a Sarasota median of 58 — sellers in this position are usually ready to negotiate.

04Strong assigned schools

Phillippi Shores Elementary School, Riverview High School, Brookside Middle School — Phillippi Shores Elementary School rates 5 of 5. Always verify assignments with the district.

05The price has already moved

Listed at $668,000, now $579,000 — a $89K cut. The full history is in the market section below.

Listing courtesy of MICHAEL SAUNDERS & COMPANY · Michael Hays. MLS #A4665433.

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.

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