NOT LISTED FOR SALE

40 Isle of Venice Dr Unit 10 Fort Lauderdale, FL 33301

Nurmi Isles Neighborhood

Estimated Value: $388,000 - $490,000

2 Beds
1 Bath
840 Sq Ft
$460/mo HOA Fee

Last Sold June 10, 2024

Last sale price $414,000 $493 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $3,207/month

88 Days on Market

Highlights

  • Property has ocean access
  • Home fronts a canal
  • Community Pool
  • Harbordale Elementary School Rated A-
  • Screened Porch
  • Elevator

About This Home

As of June 2024

Fabulous waterfront condo in the heart of Ft. Lauderdale! This third floor unit is complemented with impact glass windows and features 2 bedrooms, 1 bathroom, a spacious open layout and an enclosed patio. With waterfront views, beautiful outdoor space including a pool and BBQ areas, it's truly a coastal paradise. The building itself has undergone extensive renovations, including a modernized pool area, upgraded plumbing, reinforced concrete work, and a fortified seawall. Tucked away in a boutique building within Fort Lauderdale's sought-after Las Olas Isles, enjoy the convenience of being just five minutes away from both the beach and downtown Las Olas. With its unbeatable location, it’s perfect for embracing the South Florida lifestyle.

Last Agent to Sell the Property

Kim Fitch

Coldwell Banker Realty License #3308690 Listed on: 03/13/2024

Coldwell Banker Realty

Co-Listed By

Alexa Fitch

Coldwell Banker Realty License #3516051

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,124

Year Built

  • Built in 1961

Lot Details

  • Home fronts a canal
  • West Facing Home

HOA Fees

  • $460 Monthly HOA Fees

Property Views

  • Canal
  • Pool

Home Design

  • Entry on the 3rd floor

Interior Spaces

  • 840 Sq Ft Home
  • 4-Story Property
  • Furnished or left unfurnished upon request
  • Ceiling Fan
  • Combination Dining and Living Room
  • Screened Porch
  • Electric Range

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Home Security

Parking

  • Guest Parking
  • Assigned Parking

Outdoor Features

  • Property has ocean access
  • No Fixed Bridges
  • Seawall
  • Balcony

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 504201GE0100

Community Details

Overview

  • Association fees include common areas, insurance, laundry, maintenance structure, pool(s), sewer, trash, water
  • 16 Units
  • Island House East Subdivision

Amenities

  • Picnic Area
  • Laundry Facilities
  • Elevator
  • Community Storage Space

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Impact Glass

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,124

Year Built

Built in 1961

Lot Details

0

HOA Fees

$460 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: From E Las Olas Blvd turn North onto Isle of Venice Drive. Bldg will be on your right. Please use guest parking.
  • Year Built: 1961
  • Carport Y N: No
  • Entry Level: 3
  • Property Attached Yn: Yes
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Bedroom on Main Level, Living/Dining Room, Main Living Area Entry Level, Third Floor Entry, Tub Shower
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Furnished: Negotiable
  • Appliances: Electric Range, Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Other
  • Living Area: 840.0
  • Dining Room Type: Porch
  • Stories: 4
  • Window Features: Impact Glass

Exterior Features

  • Exterior Features: Balcony
  • View: Canal, Pool, Water
  • Pool Features: Association
  • View: Yes
  • Waterfront Features: Beach Access, Canal Front, No Fixed Bridges, Ocean Access, Seawall, Water Access
  • Waterfront: Yes
  • Construction Type: Block
  • Direction Faces: West
  • Patio And Porch Features: Balcony, Glass Enclosed, Porch, Screened
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: No
  • Parking Features: Assigned, Guest, One Space

Utilities

  • Laundry Features: Common Area
  • Security: Other
  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Cable Available

Condo/Co-op/Association

  • Association Fee: 460.0
  • Community Features: Non-Gated
  • Senior Community: No
  • Amenities: Laundry, Barbecue, Picnic Area, Pool, Storage, Elevator(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: Cats OK, Yes

Fee Information

  • Association Fee Includes: Common Areas, Insurance, Laundry, Maintenance Structure, Pool(s), Sewer, Trash, Water

Lot Info

  • Parcel #: 504201GE0100

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 6124.0

Multi Family

  • Number Of Units In Community: 16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2024
Closed on
Jun 10, 2024
Sold by
Dorsey Philip H and Philip H Dorsey Iii Revocable Trust
Bought by
Pallas Bria
Seller's Agent
Kim Fitch
Coldwell Banker Realty
List Price
$429,900
Sold Price
$414,000
Premium/Discount to List
-$15,900
-3.7%
Views
26
Current Estimated Value
$418,271

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,271
Avg. Annual Appreciation
0.75%

Purchase Details

Listed on
Feb 13, 2017
Closed on
Apr 19, 2017
Sold by
Denbroeder Jody
Bought by
The Philip H Dorsey Revocable Trust
Seller's Agent
Beth Daly
RE/MAX Experience
List Price
$231,111
Sold Price
$221,000
Premium/Discount to List
-$10,111
-4.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.18%

Purchase Details

Closed on
Jul 23, 1998
Sold by
Thompson Joseph H and Thompson Robert R
Bought by
Denbroeder Hans

Purchase Details

Closed on
Jul 22, 1998
Sold by
Available Not
Bought by
Available Not
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Pallas Bria $414,000 Title Now
The Philip H Dorsey Revocable Trust $221,000 Trident Title
Denbroeder Hans $85,000 --
Available Not $85,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/10/2024 06/10/24 Sold $414,000 -1.4% $493 / Sq Ft
05/01/2024 05/01/24 Price Changed $419,900 -1.2% $500 / Sq Ft
04/30/2024 04/30/24 Price Changed $425,000 +1.2% $506 / Sq Ft
04/09/2024 04/09/24 Price Changed $419,900 -2.3% $500 / Sq Ft
03/13/2024 03/13/24 For Sale $429,900 +94.5% $512 / Sq Ft
04/19/2017 04/19/17 Sold $221,000 -4.4% $263 / Sq Ft View Prior Sale
03/20/2017 03/20/17 Pending -- -- --
02/13/2017 02/13/17 For Sale $231,111 -- $275 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,645 $372,790 $37,280 $335,510
2024 $6,124 $380,310 $38,030 $342,280
2023 $6,124 $284,040 $0 $0
2022 $5,519 $258,220 $0 $0
2021 $4,863 $234,750 $0 $0
2020 $4,315 $213,410 $21,340 $192,070
2019 $4,319 $215,640 $21,560 $194,080
2018 $4,268 $221,000 $22,100 $198,900
2017 $4,256 $195,150 $0 $0
2016 $4,139 $177,410 $0 $0
2015 $3,999 $161,290 $0 $0
2014 $3,678 $146,630 $0 $0
2013 -- $133,300 $13,330 $119,970
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10428073

BeachesMLS (Greater Fort Lauderdale)

APN: 50-42-01-GE-0100