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5531 Cannes Cir

Sarasota, FL 34231

3 bd 2 ba 2,024 sqft Built 2006 condos
Most recent sale
$875,000
May 31, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 30, 2025 Sold $925,000 StellarMLS
May 8, 2025 Listing removed $987,000 StellarMLS
Apr 29, 2025 Price changed $987,000 StellarMLS
Apr 7, 2025 Price changed $1,045,000 StellarMLS
Mar 13, 2025 Price changed $1,095,000 StellarMLS
Feb 22, 2025 Price changed $1,199,000 StellarMLS
Dec 4, 2024 Listed $1,249,000 StellarMLS
Jun 19, 2024 Listing removed $1,399,000 StellarMLS
Mar 15, 2024 Listed $1,399,000 StellarMLS
May 31, 2022 Sold $875,000 MLS #A4531494
Apr 13, 2022 Listed $850,000 MLS #A4531494
Oct 11, 2006 Listed $1,095,000 MLS #N532540
Jun 16, 2006 Listed $870,000 MLS #A315946
May 30, 2006 Sold $836,400 MLS #A309561
Apr 19, 2006 Listed $800,000 MLS #A309561

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $687,700 $687,700 $8,230
2023 $610,700 $610,700 $7,261
2022 $320,743 $3,869
2021 $311,401 $3,862
2020 $307,102 $3,862
2019 $300,197 $3,731
2018 $294,600 $3,652
2017 $288,541 $3,635
2016 $282,606 $3,642
2015 $280,642 $3,705
2014 $278,415 $3,690
2013 $274,300 $3,687
2012 $272,300 $3,624
2011 $277,500 $3,636
2010 $370,200 $4,993
2009 $418,600 $5,474
2008 $598,000 $7,532
2007 $650,000 $8,375

Property facts

Year built
2006
Property type
condos
Stories
8
Beds
3
Baths
2
Living area
2,024 sqft
Lot size
ZIP code
34231
City
Sarasota
Street
Cannes Cir
Coordinates
27.27368, -82.53195

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,744
Gross rental yield
5.13%
Implied cap rate
3.34%
Trend-extrapolated value

Frequently asked questions

When did 5531 Cannes Cir last sell?
5531 Cannes Cir most recently sold on May 31, 2022 for $875,000.
What is the current tax assessment for 5531 Cannes Cir?
The most recent total assessment for 5531 Cannes Cir (year 2025) is $687,700 with $8,230 in property tax.
How does 5531 Cannes Cir's assessment compare to its last sale price?
The current assessment is 21.4% below the last sale price of $875,000.
When was 5531 Cannes Cir built?
5531 Cannes Cir was built in 2006.
How does 5531 Cannes Cir compare to others on Cannes Cir?
We track 8 other properties on Cannes Cir. Browse the list under "Other properties on Cannes Cir" to compare beds, baths, and sale history.
What are the property facts for 5531 Cannes Cir?
5531 Cannes Cir is a 3 bed, 2 bath, 2,024 sqft condos.
Is 5531 Cannes Cir a flip candidate?
No — 5531 Cannes Cir does not appear in our flips dataset.
Is 5531 Cannes Cir a tax-appeal candidate?
No — 5531 Cannes Cir is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+2.0%
Implied 1-yr
+8.0%
2026 Q3
$1.13M
2026 Q4
$1.13M
ZIP 34231 — Median Price History + Forecast

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