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$599,000

550 W FLAMINGO DRIVE UNIT 2, VENICE, FL 34285

3D Tour
Active0 days on market

Beds

2

Baths

2

Sq Ft

1,028 sq ft

Year Built

1987

Lot Size

3.30 acres

Garage

1

About This Property

Experience the best of Venice Island living in this beautifully renovated 2-bedroom, 2-bath condominium at Island Shores, ideally located directly on Venice Beach. All-new interior finishes create a fresh, modern feel, while high ceilings and tall windows bring light and openness to the living spaces. The open-concept layout includes a dining area with sliding glass doors leading to a small outdoor deck and a thoughtfully updated kitchen featuring an island with seating and new appliances. A separate laundry room with space saving stack washer and dryer and a tankless water heater add everyday convenience. The primary bedroom offers an en suite bathroom with a shower and a walk-in closet with built-in shelving, while the guest bedroom enjoys easy access to the second bathroom, also featuring a fully tiled shower. Island Shores is an intimate, secured-entry community of only 30 residences, offering private beach access just steps from your door. Stroll along the sand or unwind while enjoying Venice’s spectacular sunsets. Community amenities include a heated beachfront pool overlooking the Gulf of Mexico, a clubhouse with kitchen and dining space and an exclusive guest suite available to residents for visiting family and friends. The HOA is currently completing landscaping improvements and renovations to the amenity area, with completion anticipated in the coming weeks, adding to the appeal of this beachfront setting. The unit also includes assigned secured undercover parking, and storage locker with additional covered and uncovered parking available. The location is equally exceptional. Walk, bike or take your golf cart to historic Downtown Venice for locally owned restaurants, boutiques, farmers markets, festivals, live theatre and community events. The Venice Yacht Club, Venice Theatre, Venice Art Center, parks, public tennis courts, boating, fishing and golf are all within easy reach. Whether you are searching for a full-time coastal residence or a private Florida retreat, this completely reimagined condominium delivers a beautifully renovated interior, a highly desirable Venice Island location and the beach lifestyle buyers dream about.

Property Overview

Property TypeResidential
Sub TypeCondominium
MLS #N6146043
StatusActive
Year Built1987
Stories1
Total Rooms5
ConstructionBlock, Stucco
RoofMembrane
FoundationSlab
FacesNorth
SubdivisionISLAND SHORES
CountySarasota
OwnershipCondominium

Interior Features

InteriorHigh Ceilings, Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Stone Counters, Walk-In Closet(s)
FlooringLuxury Vinyl
AppliancesDishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Tankless Water Heater, Washer
LaundryInside, Laundry Room
WindowsStorm Window(s)
CoolingCentral Air
HeatingElectric

Exterior & Lot

ExteriorStorage
Lot Size3.30 acres (143,840 sq ft)
Lot FeaturesFlood Insurance Required, FloodZone, City Lot
Road SurfaceAsphalt
ViewGarden
0

Waterfront

WaterfrontYes
FeaturesGulf/Ocean Front, Beach

Utilities

WaterPublic
SewerPublic Sewer
UtilitiesCable Available, Electricity Connected, Sewer Connected, Underground Utilities, Water Connected

Parking

GarageYes (1 spaces)

HOA & Community

HOAYes
Senior CommunityNo

Financial Details

List Price$599,000
Annual Taxes$5,361 (2025)
FinancingCash, Conventional
ZoningRMF3
Parcel #0177102032

Schools

ElementaryVenice Elementary
MiddleVenice Area Middle
HighVenice Senior High

Directions

From Venice Ave take a left on Harbor Dr. to a right on Gulf St. follow to the end of the street it will turn into Flamingo Dr. At the very end, go left around the corner and there is plenty of guest parking by the building. Unit 2 is on the beach side of the main building and it is on the left of the single story building.

Location

550 W FLAMINGO DRIVE UNIT 2, VENICE, FL 34285

Listing Information

OfficeCOLDWELL BANKER REALTY
ListedOctober 25, 2026

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Home Price

$599,000

20% ($119,800)
6.75%

Loan Term

Principal & Interest$3,108
Property Tax (est.)$549
Insurance (est.)$150
Total Monthly$3,807
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Nearby Schools

How to Buy This Home

Multiple financing options available for this $599,000 home in VENICE.

🏦

Conventional

$29,950 Down

Traditional financing. As low as 3-5% down with good credit.

Florida Down Payment Assistance Programs

You may qualify for up to $35,000 in assistance to cover your down payment and closing costs.

Florida Hometown Heroes

Up to $35,000

First-time buyers working in FL

FL Assist

Up to $10,000

FHA, VA, or USDA borrowers

FL HLP Second Mortgage

Up to $10,000

First-time buyers, 0% deferred

Sarasota County SHIP

Varies

Income-qualifying Sarasota residents

Can You Afford This Home?

Quick check based on the 28% debt-to-income rule. Not a guarantee, just a starting point.

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Listing information is deemed reliable but not guaranteed. All measurements and data should be independently verified. This information is provided by the Stellar MLS. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. IDX 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. Data last updated: October 25, 2026.

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