550 W Flamingo Dr Unit 401 Venice, FL 34285
Estimated payment $11,124/month
Highlights
- Beach Front
- Fitness Center
- 3.3 Acre Lot
- Venice Elementary School Rated A
- Heated In Ground Pool
- Open Floorplan
About This Home
One or more photo(s) has been virtually staged. Rarely available corner residence at Island Shores on Venice Beach! This spacious 3-bedroom, 2.5-bath condo with a separate office/den (easily a 4th bedroom) offers incredible space, natural light, and one-of-a-kind views in a private beachfront mid-rise community. Enjoy breathtaking Gulf of Mexico sunsets from your 30-ft enclosed Florida room, plus two additional side balconies overlooking the Island of Venice—perfect for morning coffee, coastal breezes, and year-round indoor/outdoor living. Inside, the home features hurricane-impact windows and doors, Trane A/C, a Bosch tankless water heater, remodeled bathrooms, large walk-in closets, a hidden pantry, built-in bar, newer appliances, and updated tile flooring. Fully furnished with high-end décor is also available, making this a true turn-key opportunity. Island Shores residents enjoy a secure garage, guest parking, a clubhouse with kitchen, guest suites, a heated pool, fitness room, and private beach access just steps from your door. Located in one of the most walkable areas of Venice, you’re just minutes to shops, dining, marinas, parks, and Historic Downtown Venice. A rare find with unmatched views, space, and beachfront living—don’t miss this exceptional corner unit at Island Shores.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $13,888
Year Built
- Built in 1987
Lot Details
- Beach Front
- East Facing Home
HOA Fees
- $767 Monthly HOA Fees
Parking
- 2 Car Attached Garage
Home Design
- Entry on the 4th floor
- Slab Foundation
- Membrane Roofing
- Built-Up Roof
- Block Exterior
- Stucco
Interior Spaces
- 2,387 Sq Ft Home
- Open Floorplan
- Wet Bar
- High Ceiling
- Ceiling Fan
- Sliding Doors
- Family Room Off Kitchen
- Combination Dining and Living Room
Kitchen
- Eat-In Kitchen
- Cooktop
- Microwave
- Dishwasher
- Solid Surface Countertops
- Solid Wood Cabinet
- Disposal
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Split Bedroom Floorplan
- Walk-In Closet
Laundry
- Laundry Room
- Dryer
- Washer
Pool
- Heated In Ground Pool
- Pool Deck
- Pool Lighting
Outdoor Features
- Exterior Lighting
- Outdoor Storage
Schools
- Venice Elementary School
- Venice Area Middle School
- Venice Senior High School
Utilities
- Central Heating and Cooling System
- Tankless Water Heater
- Cable TV Available
Listing and Financial Details
- Visit Down Payment Resource Website
- Assessor Parcel Number 0177102019
Community Details
Overview
- Association fees include pool, escrow reserves fund, ground maintenance, management, private road
- Argus Property Management Association, Phone Number (941) 927-6464
- Island Shores Community
- Island Shores Subdivision
- 5-Story Property
Amenities
- Clubhouse
Recreation
- Fitness Center
- Community Pool
Pet Policy
- Pets Allowed
- Pets up to 30 lbs
Map
Home Values in the Area
Average Home Value in this Area
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 | $13,888 | $990,123 | -- | -- |
| 2024 | $13,607 | $962,219 | -- | -- |
| 2023 | $13,607 | $934,193 | $0 | $0 |
| 2022 | $13,272 | $877,178 | $0 | $0 |
| 2021 | $13,004 | $792,100 | $0 | $792,100 |
| 2020 | $12,125 | $724,300 | $0 | $724,300 |
| 2019 | $15,484 | $926,200 | $0 | $926,200 |
| 2018 | $13,578 | $813,700 | $0 | $813,700 |
| 2017 | $12,468 | $733,480 | $0 | $0 |
| 2016 | $11,118 | $666,800 | $0 | $666,800 |
| 2015 | $11,266 | $700,100 | $0 | $700,100 |
| 2014 | $10,045 | $549,600 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/29/2025 10/29/25 | Price Changed | $1,749,000 | -2.6% | $733 / Sq Ft | |
| 07/24/2025 07/24/25 | For Sale | $1,795,000 | +19.7% | $752 / Sq Ft | |
| 07/12/2021 07/12/21 | Sold | $1,500,000 | 0.0% | $628 / Sq Ft | View Prior Sale |
| 05/15/2021 05/15/21 | Pending | -- | -- | -- | |
| 05/13/2021 05/13/21 | For Sale | $1,499,999 | -- | $628 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,500,000 | Attorney | |
| Warranty Deed | $865,000 | Msc Title Inc | |
| Warranty Deed | $1,180,000 | Msc Title Inc | |
| Personal Reps Deed | $780,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $572,000 | New Conventional | |
| Previous Owner | $624,000 | No Value Available |
Source: Stellar MLS
MLS Number: A4659763
APN: 0177-10-2019
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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
- 397 Flamingo Dr
- 500 Park Blvd S Unit 33
- 500 Park Blvd S Unit 103
- 500 Park Blvd S Unit 116
- 500 Park Blvd S Unit 11
- 700 Golden Beach Blvd Unit 108
- 608 Gardenia Dr
- 639 Cornwell On the Gulf
- 504 Gulf St
- 703 & 705 Golden Beach Blvd
- 700 Golden Beach Blvd Unit 236
- 700 Golden Beach Blvd Unit 139
- 700 Golden Beach Blvd Unit 130
- 700 Golden Beach Blvd Unit 224
- 700 Golden Beach Blvd Unit 222
- 520 Verdi St
- 621 Hibiscus Dr
- 718 Golden Beach Blvd Unit 1
- 718 Golden Beach Blvd Unit 2
- 702 Hibiscus Dr
- 616 Flamingo Dr Unit 102
- 500 Park Blvd S
- 500 Park Blvd S Unit 46
- 16 Gulf Manor Dr
- 718 Golden Beach Blvd Unit 1
- 631 Alhambra Rd Unit 702
- 627 Alhambra Rd Unit 603
- 633 Alhambra Rd Unit 703
- 302 San Marco Dr
- 852 Golden Beach Blvd Unit 852
- 421 Riviera St
- 705 W Venice Ave Unit 705B
- 510 Granada Ave Unit 105
- 509 W Venice Ave
- 455 Nokomis Ave S Unit 455
- 461 Nokomis Ave S Unit 461
- 907 Riviera St
- 100 the Esplanade N Unit 306
- 100 the Esplanade N Unit 9
- 512 W Venice Ave Unit 207