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For sale
  • Price cut: $46K (10/29)
    $1,749,000

    550 Flamingo Dr #401, Venice, FL 34285

    3beds
    2,387sqft
    : 
    Condominium
    Built in 1987
    -- sqft lot
    $-- Zestimate®
    $733/sqft
    $767/mo HOA

    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.
    152 days
    |
    505
    |
    8
    |

    Zillow last checked: 8 hours ago

    Listing updated: November 23, 2025 at 10:06am

    Listing Provided by:

    Nikki Taylor 941-587-9060,

    DOUGLAS ELLIMAN 941-867-6199

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

    Tour with a local agent

    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
    Video & virtual tour

    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
    • 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
    • Pet fee: $0 monthly
    Location
    • Region: Venice

    Financial & listing details

    • Price per square foot: $733/sqft
    • Tax assessed value: $1,416,700
    • Annual tax amount: $13,888
    • Date on market: 7/24/2025
    • Cumulative days on market: 314 days
    • Ownership: Condominium
    • Total actual rent: 0
    • Electric utility on property: Yes
    • Road surface type: Paved
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    Estimated market value

    Not available

    Estimated sales range

    Not available

    $7,340/mo

    Price history

    Price history
    DateEventPrice
    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

    Public tax history

    Public tax history
    YearProperty taxesTax assessment
    2025-- $990,123 +2.9%
    2024$13,888 +2.1%$962,219 +3%
    2023$13,607 +2.5%$934,193 +6.5%

    Find assessor info on the county website

    BuyAbility℠ payment

    Est. payment
    $11,978/mo
    Principal & interest
    $8748
    Property taxes
    $1851
    Other costs
    $1379

      Climate risks

      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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