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Sold for $1,544,000
  • $1,544,000

    550 W FLAMINGO DRIVE #401, VENICE, FL 34285

    3beds
    2,387sqft
    Condominium
    Built in 1987
    -- sqft lot
    $1,633,800 Zestimate®
    $647/sqft
    $7,053 Estimated rent

    Home value

    $1,633,800

    $1.55M - $1.72M

    $7,053/mo

    Zestimate® history
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    What's special

    Heated poolOne-of-a-kind viewsHidden pantryNewer appliancesGuest parkingPrivate beachfront mid-rise communityIncredible space
    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Nikki Taylor 941-587-9060,

    DOUGLAS ELLIMAN 941-867-6199

    Bought with:

    Nikki Patterson, 3225617

    KW PEACE RIVER PARTNERS

    Source: Stellar MLS,MLS#: A4659763MLS LogoOriginating MLS: Sarasota - Manatee

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Primary bedroom
    • Features: Walk-In Closet(s)
    • Level: First
    Kitchen
    • Features: Kitchen Island
    • Level: First
    Living room
    • Features: No Closet
    • Level: First
    Heating
    • Central, Electric
    Cooling
    • Central Air
    Appliances
    • Included: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Tankless Water Heater, Washer
    • Laundry: Laundry Room
    Features
    • Ceiling Fan(s), Eating Space In Kitchen, High Ceilings, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Walk-In Closet(s), Wet Bar
    • Flooring: Carpet, Porcelain Tile
    • Doors: Sliding Doors
    • Has fireplace: No
    Interior area
    • Total structure area: 2,711
    • Total interior livable area: 2,387 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage - Attached
    • Attached garage spaces: 2
    Features
    • Levels: One
    • Stories: 1
    • Exterior features: Lighting, Storage
    • Has private pool: Yes
    • Pool features: Deck, Heated, In Ground, Lighting
    • On waterfront: Yes
    • Waterfront features: Beach, Beach Access
    Lot
    • Size: 3.3 Acres
    Details
    • Parcel number: 0177102019
    • Zoning: RMF3
    • Special conditions: None

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    Materials
    • Block, Stucco
    • Foundation: Slab
    • Roof: Built-Up,Membrane
    Condition
    • New construction: No
    • Year built: 1987

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Connected, Electricity Connected, Public, Sewer Connected, Water Connected

    Community & HOA

    Community
    • Features: Buyer Approval Required, Clubhouse, Fitness Center, Pool
    • Pet fee: $0 monthly
    • Subdivision: ISLAND SHORES
    HOA
    • Has HOA: Yes
    • Services included: Community Pool, Reserve Fund, Maintenance Grounds, Manager, Private Road
    • HOA fee: $767 monthly
    • HOA name: Argus Property Management
    • HOA phone: 941-927-6464
    Location
    • Region: Venice

    Financial & listing details

    • Price per square foot: $647/sqft
    • Tax assessed value: $1,416,700
    • Annual tax amount: $13,888
    • Date on market: 7/24/2025
    • Cumulative days on market: 339 days
    • Ownership: Condominium
    • Total actual rent: 0
    • Electric utility on property: Yes
    • Road surface type: Paved

    Price history

    DateEventPrice
    2/17/2026Sold$1,544,000-11.7%$647/sqft
    Source: Stellar MLS #A4659763 Report a problem
    1/20/2026Pending sale$1,749,000$733/sqft
    Source: Stellar MLS #A4659763 Report a problem
    10/29/2025Price change$1,749,000-2.6%$733/sqft
    Source: Stellar MLS #A4659763 Report a problem
    7/24/2025Listed for sale$1,795,000-0.2%$752/sqft
    Source: Stellar MLS #A4659763 Report a problem
    7/23/2025Listing removed$1,799,000$754/sqft
    Source: Exit Realty #N6136920 Report a problem
    6/23/2025Price change$1,799,000-5.3%$754/sqft
    Source: Stellar MLS #N6136920 Report a problem
    5/26/2025Price change$1,899,000-5%$796/sqft
    Source: Stellar MLS #N6136920 Report a problem
    2/2/2025Listed for sale$1,999,000+33.3%$837/sqft
    Source: Stellar MLS #N6136920 Report a problem
    7/13/2021Sold$1,500,000+0%$628/sqft
    Source: Public Record Report a problem
    5/16/2021Pending sale$1,499,999$628/sqft
    Source: Stellar MLS #N6115386 Report a problem
    5/13/2021Listed for sale$1,499,999+73.4%$628/sqft
    Source: Stellar MLS #N6115386 Report a problem
    3/17/2010Sold$865,000-6.5%$362/sqft
    Source: Public Record Report a problem
    10/16/2009Listing removed$925,000$388/sqft
    Source: NRT Florida #N5765257 Report a problem
    5/1/2009Listed for sale$925,000-21.6%$388/sqft
    Source: NRT Florida #N5765257 Report a problem
    2/21/2006Sold$1,180,000+51.3%$494/sqft
    Source: Public Record Report a problem
    11/21/2002Sold$780,000$327/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$14,181 +2.1%$990,123 +2.9%
    2024$13,888 +2.1%$962,219 +3%
    2023$13,607 +2.5%$934,193 +6.5%
    2022$13,272 +2.1%$877,178 +10.7%
    2021$13,004 +7.2%$792,100 +9.4%
    2020$12,125 -21.7%$724,300 -21.8%
    2019$15,484 $926,200 +13.8%
    2018$15,484 +14%$813,700 +10.9%
    2017$13,578 +20.5%$733,480 +10%
    2016$11,266 $666,800 -4.8%
    2015$11,266 +12.2%$700,100 +27.4%
    2014$10,045 +8.6%$549,600
    2013$9,250 +1.7%$549,600 +0.4%
    2012$9,097 +1.6%$547,600
    2011$8,952 -2.2%$547,600 -1%
    2010$9,157 -24.5%$553,150 -10%
    2009$12,125 $614,500 -25%
    2008$12,125 -18.4%$819,300 -16.3%
    2007$14,852 $979,000 +29.7%
    2006-- $755,107 +3%
    2005-- $733,114 +3%
    2004$12,480 +0.6%$711,761 +1.9%
    2003$12,406 +26%$698,490 +30%
    2002$9,848 +47.6%$537,300 +42%
    2001$6,674 +2.7%$378,354 +3%
    2000$6,497 $367,334
    Find assessor info on the county website

    Neighborhood: The Island

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Venice Elementary
    • Middle: Venice Area Middle
    • High: Venice Senior High

    Source: Stellar MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $1,633,800
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,633,800