NOT LISTED FOR SALE

40 Isle of Venice Dr Unit 16 Fort Lauderdale, FL 33301

Nurmi Isles Neighborhood

Estimated Value: $487,000 - $587,000

2 Beds
1 Bath
840 Sq Ft
871 Sq Ft Lot

Last Sold October 15, 2012

Last sale price $195,000 $232 Per Sq Ft

Est. 171% increase in value since last sale

Current estimated payment $3,469/month

Highlights

  • 150 Feet of Waterfront
  • Property has ocean access
  • Canal View
  • Harbordale Elementary School Rated A-
  • Heated Pool
  • Deck

About This Home

As of July 2022

Come join the multi-millionaires in luxurious Las Olas Isles! Walk to beach, Las Olas dining, shopping & entertainment. ATTENTION BOATERS!: Unit comes with a deeded dock slip with unrestricted Intracoastal/Ocean access. The condo was recently totally renovated with everything from the walls in brand new! New A/C, hurricane impact windows, open kitchen with stainless appliance package and handsome wood flooring throughout for a spacious and uniform feel. 2nd bedroom currently an office but could also serve as bedroom. A relaxing enclosed balcony has a Key West tropical feel overlooking palm-tree lined waterway, pool and a parade of passing boats. Paradise! The building recently updated with new dockage, seawall, elevator, pool deck, lighting, landscaping etc. First, last & sec. dep. req.

Last Agent to Rent the Property

Michael Holmes

Lago Mar Realty Inc License #3337540 Listed on: 06/09/2022

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,427

Year Built

  • 1993

Lot Details

  • 150 Feet of Waterfront
  • East Facing Home

Property Views

  • Canal
  • Pool

Interior Spaces

  • 840 Sq Ft Home
  • Furnished or left unfurnished upon request
  • Ceiling Fan
  • Blinds
  • Combination Dining and Living Room
  • Utility Room
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Main Level Bedroom
  • 1 Full Bathroom

Home Security

Parking

  • Guest Parking
  • Assigned Parking

Pool

Outdoor Features

  • Property has ocean access
  • No Fixed Bridges
  • Balcony
  • Deck
  • Porch

Utilities

  • Cooling Available
  • Heating Available
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Property Available on 6/20/22
  • Rent includes association dues, gardener, hot water, pool, sewer, water
  • Renewal Option
  • Assessor Parcel Number 504201GE0160

Community Details

Overview

  • Island House East Condo Subdivision

Amenities

  • Laundry Facilities
  • Elevator

Recreation

  • Community Pool

Security

  • Resident Manager or Management On Site
  • Impact Glass
  • Fire and Smoke Detector

Condo Details

Home Type

Condominium

Est. Annual Taxes

$8,427

Year Built

1993

Lot Details

0

Rental Info

  • Available Date: 2022-06-20

Listing Details

  • Prop. Type: Residential Lease
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: LAS OLAS BOULEVARD WEST OF THE INTRACOASTAL TO ISLE OF VENICE ON NORTH SIDE OF LAS OLAS. TAKE ISLE OF VENICE NORTH TO #40, ISLAND HOUSE EAST BLDG., ON RIGHT. PARK IN GUEST SPACE. TAKE ELEVATOR TO 4TH FLOOR, #16
  • Lease Renewal Option: Yes
  • Year Built Details: Unknown
  • Special Features: VirtualTour
  • Year Built: 1993

Interior Features

  • Interior Amenities: Eat-in Kitchen, Living/Dining Room
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Furnished: Negotiable
  • Appliances: Cooktop, Dishwasher, Electric Range, Electric Water Heater, Disposal, Ice Maker, Microwave, Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Ceramic Tile, Laminate, Tile, Wood
  • Living Area: 840.0
  • Dining Room Type: Laundry, Storage Room, Utility Room
  • Window Features: Blinds, Impact Glass

Exterior Features

  • Exterior Features: Balcony, Barbecue, Deck
  • View: Canal, Pool, Water
  • Road Frontage Type: Waterfront
  • Pool Features: Fenced, Heated, Other, Pool, Community
  • View: Yes
  • Waterfront Features: Beach Access, Dock Access, No Fixed Bridges, Ocean Access, Water Access
  • Waterfront: Yes
  • Construction Type: Block
  • Direction Faces: East
  • Patio And Porch Features: Deck, Porch
  • Property Condition: Unknown, Updated/Remodeled

Garage/Parking

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

Utilities

  • Security: Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Rent Includes: Association Dues, Gardener, Hot Water, Pool, Sewer, Water
  • Community Features: Non-Gated, Pool
  • Senior Community: No
  • Amenities: Elevator(s), Laundry, Management, Pool
  • Pets Allowed: No

Lot Info

  • Parcel #: 504201GE0160
  • Land Lease Amount Frequency: Monthly

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2012
Closed on
Oct 16, 2012
Sold by
Laureyssens Sonia
Bought by
Lynn Robert
Seller's Agent
Linda Laytner
MMLS Assoc.-Inactive Member
Buyer's Agent
Beth Daly
RE/MAX Preferred
List Price
$195,000
Sold Price
$195,000
Current Estimated Value
$527,515

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$332,515
Avg. Annual Appreciation
7.94%
Original Mortgage
$122,500
Outstanding Balance
$85,107
Interest Rate
3.58%
Mortgage Type
New Conventional
Estimated Equity
$442,408

Purchase Details

Listed on
Jun 20, 2012
Closed on
Oct 15, 2012
Sold by
Alexitch Penelope Dunn
Bought by
Lynn Robert
Seller's Agent
Linda Laytner
MMLS Assoc.-Inactive Member
Buyer's Agent
Beth Daly
RE/MAX Preferred
List Price
$195,000
Sold Price
$195,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,500
Outstanding Balance
$85,107
Interest Rate
3.58%
Mortgage Type
New Conventional
Estimated Equity
$442,408

Purchase Details

Closed on
Apr 18, 2000
Sold by
Mcgillicuddy Cornelius H and Mcgillicuddy Cara Ann
Bought by
Patureau Alan C

Purchase Details

Closed on
Apr 30, 1996
Sold by
Galluzzo Meehan C and Galluzzo Alana
Bought by
Mcgillicuddy Cornelius H and Galluzzo Cara A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,000
Interest Rate
7.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 6, 1996
Sold by
Meehan Shannon A
Bought by
Meehan C Edward and Galluzzo Alana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,000
Interest Rate
7.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 21, 1993
Sold by
Meehan C Edward and Galluzzo Alana
Bought by
Meehan Shannon A
Source: Public Records

Range of Values:

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Average Value
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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
Lynn Robert $55,000 Attorney
Lynn Robert -- Attorney
Lynn Robert $195,000 Attorney
Patureau Alan C $122,500 --
Mcgillicuddy Cornelius H $89,500 --
Meehan C Edward $100 --
Meehan C Edward $100 --
Meehan Shannon A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lynn Robert $122,500
Previous Owner Meehan C Edward $103,250
Previous Owner Meehan C Edward $81,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/29/2022 07/29/22 Rented $2,850 0.0% --
06/29/2022 06/29/22 Under Contract -- -- --
06/09/2022 06/09/22 For Rent $2,850 0.0% --
10/15/2012 10/15/12 Sold $195,000 0.0% $195 / Sq Ft View Prior Sale
08/13/2012 08/13/12 Pending -- -- --
06/20/2012 06/20/12 For Sale $195,000 -- $195 / 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 $8,427 $441,950 -- --
2024 $7,757 $441,950 -- --
2023 $7,757 $365,260 $0 $0
2022 $6,986 $332,060 $0 $0
2021 $6,146 $301,880 $0 $0
2020 $5,441 $274,440 $27,440 $247,000
2019 $5,465 $277,310 $27,730 $249,580
2018 $5,397 $284,200 $28,420 $255,780
2017 $5,471 $256,930 $0 $0
2016 $5,315 $233,580 $0 $0
2015 $5,139 $212,350 $0 $0
2014 $4,722 $193,050 $0 $0
2013 -- $175,500 $17,550 $157,950
Source: Public Records

Agents Affiliated with this Home

  • M

    Landlord's Agent in 2022

    Michael Holmes

    Lago Mar Realty Inc

    (954) 254-2015

    43 Total Sales

    Michael Holmes
    Section Image

  • L

    Seller's Agent in 2012

    Linda Laytner

    MMLS Assoc.-Inactive Member

  • B

    Buyer's Agent in 2012

    Beth Daly

    RE/MAX

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10334629

BeachesMLS (Greater Fort Lauderdale)

APN: 50-42-01-GE-0160

Florida Broward County Fort Lauderdale 33301 Nurmi Isles

40 Isle of Venice Dr Unit 16, Fort Lauderdale, FL

This home is located at 40 Isle of Venice Dr Unit 16, Fort Lauderdale, FL 33301 since 09 June 2022 and is currently priced at $527,515. This property was built in 1993. 40 Isle of Venice Dr Unit 16 is a home located in Broward County with nearby schools including Harbordale Elementary School, Sunrise Middle School, and Fort Lauderdale High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS (Greater Fort Lauderdale) All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2025 Beaches Multiple Listing Service, Inc. 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.

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