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5531 Cannes Cir

Sarasota, FL 34231

2 bd 2 ba 1,706 sqft Built 2006 condos
Most recent sale
$550,000
Nov 19, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 19, 2021 Sold $550,000 MLS #A4515429
Feb 12, 2020 Listing removed $629,000 StellarMLS
Dec 30, 2019 Sold $420,000 MLS #A4449328
May 15, 2018 Sold $385,000 MLS #A4212228
Mar 5, 2018 Listed $400,000 MLS #A4212228
Jul 17, 2013 Sold $340,000 MLS #A3974844
Mar 27, 2013 Price changed $349,000 MLS #A3974844
Mar 11, 2013 Listed $369,000 MLS #A3974844
Jan 26, 2010 Listing removed $629,000 StellarMLS
Jun 27, 2006 Listed $629,000 MLS #A316980
Jun 27, 2006 Sold $687,163 MLS #A310492
Apr 27, 2006 Listed $675,000 MLS #A310492

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $306,900 $306,900 $4,206
2020 $295,200 $295,200 $4,128
2019 $289,400 $289,400 $4,010
2018 $333,700 $333,700 $4,547
2017 $355,000 $355,000 $4,892
2016 $350,200 $350,200 $4,938
2015 $319,500 $319,500 $4,652
2014 $293,300 $4,323
2013 $271,800 $4,093
2012 $269,800 $4,027
2011 $275,000 $4,032
2010 $330,200 $4,892
2009 $373,500 $5,313
2008 $533,600 $7,135

Property facts

Year built
2006
Property type
condos
Stories
8
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
6.89%
Implied cap rate
4.48%
Trend-extrapolated value

Frequently asked questions

When did 5531 Cannes Cir last sell?
5531 Cannes Cir most recently sold on Nov 19, 2021 for $550,000.
What is the current tax assessment for 5531 Cannes Cir?
The most recent total assessment for 5531 Cannes Cir (year 2021) is $306,900 with $4,206 in property tax.
How does 5531 Cannes Cir's assessment compare to its last sale price?
The current assessment is 44.2% below the last sale price of $550,000.
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?
Yes — 5531 Cannes Cir appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
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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