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Sold for $1,675,000
  • $1,675,000

    550 FLAMINGO DRIVE #503, VENICE, FL 34285

    2beds
    1,867sqft
    Condominium
    Built in 1987
    -- sqft lot
    $1,514,800 Zestimate®
    $897/sqft
    $4,808 Estimated rent

    Home value

    $1,514,800

    $1.36M - $1.68M

    $4,808/mo

    Zestimate® history
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    What's special

    Modern eleganceLarge screened lanaiBonus roomIndoor-outdoor livingGuest parkingGranite countertopsSpacious kitchen
    One or more photo(s) has been virtually staged. Welcome to your dream coastal getaway. This two-bedroom, two-bath Gulf-front condominium has undergone a complete head-to-toe remodel, ensuring every inch exudes modern elegance and comfort creating a world of sophistication where no detail has been overlooked. Prepare to be inspired in the spacious kitchen featuring an abundance of granite countertops complemented by luxurious wood cabinetry, and high-end stainless steel appliances that await your culinary creations making every meal a joy to prepare. Your beach adventures just got easier with the convenience of an in-unit laundry equipped with new washer and dryer housed in the closet area of the bonus room, perfect for an office or den. Rest assured that all mechanics and plumbing have been thoughtfully replaced with new, ensuring a worry-free experience. Embrace indoor-outdoor living with refreshing Gulf breezes on your large screened lanai, stretching seamlessly from the living room to the primary bedroom. Exclusive Island Shores amenities include under-building owner and guest parking, a pool and lounging deck, a clubhouse, and a gated walkway leading directly to the beach. Paradise is just steps away!

    Zillow last checked:

    Listing updated:

    Listed by:

    Courtney Green 941-809-8432,

    PREMIER SOTHEBYS INTL REALTY 941-412-3323,

    Melissa Caldwell 941-266-8829,

    PREMIER SOTHEBYS INTL REALTY

    Bought with:

    Joanne Lalli, 3258643

    CENTURY 21 SCHMIDT REAL ESTATE

    Source: Stellar MLS,MLS#: N6127867MLS LogoOriginating MLS: Venice

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Rooms
    • Room types: Great Room, Utility Room
    Primary bedroom
    • Features: Walk-In Closet(s)
    • Level: First
    • Dimensions: 13x16
    Bedroom 2
    • Features: Built-in Closet
    • Level: First
    • Dimensions: 11x13
    Balcony porch lanai
    • Level: First
    Den
    • Level: First
    • Dimensions: 8x8
    Dining room
    • Level: First
    • Dimensions: 18x9
    Great room
    • Level: First
    • Dimensions: 18x24
    Kitchen
    • Level: First
    • Dimensions: 12x12
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
    • Laundry: Inside, Laundry Closet
    Features
    • Ceiling Fan(s), Crown Molding, Living Room/Dining Room Combo, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Stone Counters, Walk-In Closet(s)
    • Flooring: Ceramic Tile
    • Doors: Sliding Doors
    • Windows: Skylight(s)
    • Has fireplace: No
    Interior area
    • Total structure area: 2,185
    • Total interior livable area: 1,867 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Assigned, Covered, Ground Level, Guest
    • Attached garage spaces: 1
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Screened
    • Has view: Yes
    • View description: Water, Gulf/Ocean - Full
    • Has water view: Yes
    • Water view: Water,Gulf/Ocean - Full
    • Waterfront features: Waterfront, Gulf/Ocean, Beach Access, Gulf/Ocean Access
    • Body of water: GULF OF MEXICO
    Lot
    • Features: City Lot, Street Dead-End
    Details
    • Parcel number: 0177102027
    • Zoning: RMF3
    • Special conditions: None

    Construction

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

    Utilities & green energy

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

    Community & HOA

    Community
    • Features: Water Access, Waterfront, Buyer Approval Required
    • Pet fee: $0 monthly
    • Subdivision: ISLAND SHORES
    HOA
    • Has HOA: Yes
    • Amenities included: Clubhouse, Elevator(s), Fitness Center, Lobby Key Required, Pool
    • Services included: Community Pool, Reserve Fund, Insurance, Maintenance Structure, Maintenance Grounds, Manager, Recreational Facilities, Trash, Water
    • HOA fee: $720 monthly
    • HOA name: Argus Property Group
    • HOA phone: 941-927-6464
    Location
    • Region: Venice

    Financial & listing details

    • Price per square foot: $897/sqft
    • Tax assessed value: $1,243,600
    • Annual tax amount: $12,588
    • Date on market: 7/28/2023
    • Cumulative days on market: 71 days
    • Listing terms: Cash,Conventional
    • Ownership: Condominium
    • Total actual rent: 0
    • Electric utility on property: Yes
    • Road surface type: Paved, Asphalt

    Price history

    DateEventPrice
    11/15/2023Sold$1,675,000-4.3%$897/sqft
    Source: Stellar MLS #N6127867 Report a problem
    10/7/2023Pending sale$1,750,000$937/sqft
    Source: Stellar MLS #N6127867 Report a problem
    9/1/2023Price change$1,750,000-5.4%$937/sqft
    Source: Stellar MLS #N6127867 Report a problem
    7/28/2023Listed for sale$1,850,000+27.6%$991/sqft
    Source: Stellar MLS #N6127867 Report a problem
    4/4/2022Sold$1,450,000-6.5%$777/sqft
    Source: Public Record Report a problem
    3/18/2022Pending sale$1,550,000$830/sqft
    Source: Stellar MLS #N6119870 Report a problem
    2/28/2022Listed for sale$1,550,000$830/sqft
    Source: Stellar MLS #N6119870 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$18,566 -7.9%$1,243,600 -7.2%
    2024$20,169 +29.9%$1,339,600 +31.3%
    2023$15,521 +23.3%$1,020,200 +28.5%
    2022$12,589 +153.7%$794,000 +131.8%
    2021$4,962 -0.4%$342,514 +1.4%
    2020$4,984 +2.8%$337,785 +2.3%
    2019$4,849 $330,191 +1.9%
    2018$4,849 +1.8%$324,034 +2.1%
    2017$4,762 +6.7%$317,369 -41.1%
    2016$4,462 $538,700 +4.2%
    2015$4,462 +0.4%$517,100 +71.4%
    2014$4,443 +0.3%$301,704
    2013$4,427 +3.3%$301,704 +1.7%
    2012$4,285 +5.2%$296,661 +3%
    2011$4,074 +0.4%$288,020 +1.5%
    2010$4,059 +10.3%$283,764 +2.7%
    2009$3,681 $276,304 +0.1%
    2008$3,681 -2.7%$276,028 +3%
    2007$3,785 $267,988 +2.5%
    2006-- $261,452 +3%
    2005-- $253,837 +3%
    2004$4,024 +0.7%$246,444 +1.9%
    2003$3,994 +2%$241,849 +2.4%
    2002$3,916 +6.1%$236,181 +1.6%
    2001$3,690 +3.2%$232,462 +3%
    2000$3,576 $225,691
    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
    $1,514,800
    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
    $1,514,800