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5531 Cannes Cir

Sarasota, FL 34231

2 bd 2 ba 1,706 sqft Built 2006 condos
Most recent sale
$675,000
Sep 23, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 23, 2022 Sold $675,000 MLS #N6122061
Aug 15, 2022 Listed $675,000 MLS #N6122061
Sep 16, 2015 Sold $349,000 MLS #A3945239
Aug 1, 2015 Sold $385,000 MLS #A4120694
Jun 8, 2015 Price changed $399,900 MLS #A4120694
Apr 22, 2015 Listed $435,000 MLS #A4120694
Nov 13, 2012 Sold $349,000 Public Record
Aug 13, 2012 Price changed $349,900 MLS #A3945239
Jun 29, 2012 Price changed $355,000 MLS #A3945239
May 31, 2012 Price changed $360,000 MLS #A3945239
Apr 30, 2012 Price changed $368,000 MLS #A3945239
Apr 9, 2012 Price changed $378,000 MLS #A3945239
Mar 16, 2012 Price changed $380,000 MLS #A3945239
Feb 27, 2012 Price changed $389,900 MLS #A3945239
Feb 5, 2012 Price changed $393,000 MLS #A3945239
Oct 1, 2011 Price changed $395,000 MLS #A3945239
Aug 21, 2011 Relisted $400,000 MLS #A3945239
Jun 22, 2011 Listed $425,000 MLS #A3945239
Oct 19, 2009 Listing removed $3,000 StellarMLS
Aug 18, 2008 Listed for rent $3,000 StellarMLS
Apr 1, 2008 Sold $468,000 Public Record
Mar 28, 2008 Sold $468,000 MLS #A369468
Nov 29, 2007 Listed $568,000 MLS #A369468
Jun 14, 2006 Listed $649,000 MLS #A315656
May 22, 2006 Sold $549,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $491,200 $491,200 $5,842
2023 $543,300 $543,300 $6,367
2021 $298,300 $298,300 $4,101
2020 $287,000 $287,000 $4,025
2019 $281,300 $281,300 $3,910
2018 $314,600 $314,600 $4,309
2017 $313,900 $313,900 $4,370
2016 $309,700 $309,700 $4,414
2015 $245,958 $3,205
2014 $244,006 $3,192
2013 $240,400 $3,188
2012 $238,400 $3,606
2011 $243,000 $3,610
2010 $256,200 $3,887
2009 $289,800 $4,214
2008 $414,000 $5,627

Property facts

Year built
2006
Property type
condos
Stories
7
Beds
2
Baths
2
Living area
1,706 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
$3,156
Gross rental yield
5.61%
Implied cap rate
3.65%
Trend-extrapolated value

Frequently asked questions

When did 5531 Cannes Cir last sell?
5531 Cannes Cir most recently sold on Sep 23, 2022 for $675,000.
What is the current tax assessment for 5531 Cannes Cir?
The most recent total assessment for 5531 Cannes Cir (year 2025) is $491,200 with $5,842 in property tax.
How does 5531 Cannes Cir's assessment compare to its last sale price?
The current assessment is 27.2% below the last sale price of $675,000.
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 2 bed, 2 bath, 1,706 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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