40 Isle Of Venice Drive

Fort Lauderdale, FL 33301

$599,000

$713/ft²

2Beds

1Baths

840Sq ft

1961Year built

CondoType

About this home

A 2-bedroom Las Olas Isles condo + deeded boat slip for up to 37 feet + no fixed bridges + ocean access. Now $599K. New price. Same exceptional boating advantage. Offered at $599,000, this 2-bedroom waterfront residence in Las Olas Isles pairs an easy, low-maintenance coastal lifestyle with something increasingly difficult to replicate at this price point: a deeded boat slip accommodating a vessel up to 37 feet, with direct ocean access and no fixed bridges. For the buyer who wants to keep the boat where they live, this is the feature that changes the conversation. Located on the 3rd floor of boutique Island House East, this corner residence offers an efficient split-bedroom floor plan, impact glass and an open living, dining and kitchen configuration designed for comfortable everyday living or a seasonal Fort Lauderdale escape. The kitchen features generous counter space and stainless appliances, while large windows bring natural light into the living areas. The primary bedroom offers excellent closet space and an adjoining sitting area surrounded by windows, creating a flexible place to relax, read or work. Step outside and the lifestyle becomes the real story. The waterfront setting includes a redesigned pool and outdoor area, barbecue space and dockage directly along the canal. The deeded slip offers water and electric and accommodates a boat up to 37 feet, with navigable water, no fixed bridges and access toward the Intracoastal and Atlantic. Fort Lauderdale is renowned for its extensive network of waterways, making this a location designed for buyers who want boating to be part of everyday life rather than an occasional weekend activity. This charming boutique waterfront building has undergone extensive improvements, including plumbing, seawall and structural work, along with additional building enhancements, adding to the overall appeal of the property. When you're not on the water, you're positioned in one of Fort Lauderdale's signature coastal neighborhoods, convenient to Las Olas Boulevard, Fort Lauderdale Beach, the Intracoastal, dining, shopping and the city's waterfront attractions.

Features

Waterfront
Private pool

Property details

Listing

MLS #: B26017406
Status: For sale
Listed on: Apr 18, 2026
Days on market: 113 days
Listing data updated: Aug 8, 2026

Interior

Beds: 2
Baths: 1
Living area: 840 ft²
Price per ft²: $713/ft²
Unit: 9

Building & community

Type: Condo
Year built: 1961
HOA fee: $800/mo
County: Broward

Lot & exterior

Waterfront: Yes
Private pool: Yes

Days on market, price per ft² and the monthly HOA amount are calculated by this site from the MLS data shown; the association fee is normalized to a monthly figure.

True monthly cost

Mortgage (principal & interest): $3,029
Property taxes (est.): $549
Home insurance (est.): $433
Flood insurance (est.): —
HOA fee: $800

Estimated total$4,811*/mo

* Some cost lines aren't available yet for this listing; the total shown is incomplete.

Based on 20% down, a 6.5% rate and a 30-year loan, plus this home's estimated Florida carrying costs. All figures are illustrative estimates — not quotes, not financial or insurance advice.

Sources: flood zone — FEMA National Flood Hazard Layer; mortgage, taxes and insurance figures — this site's own estimates; HOA / CDD — as reported for this listing.

What will this home really cost you?

Building structural health (SIRS)

No filing record found

We couldn't find a SIRS filing record for this building in Florida's public DBPR database. That is not a red flag by itself: buildings under three stories are exempt, recent or mailed-in filings may not appear yet, and the name or address on file may differ from this listing.

Questions about this

What is a SIRS and why does it matter?

Since the Surfside collapse, Florida requires condo and co-op buildings three stories or taller to complete a Structural Integrity Reserve Study: an inspection-based plan that forces the association to fund structural repairs (roof, load-bearing walls, plumbing, electrical) instead of deferring them. It matters because underfunded buildings are the ones that surprise owners with large special assessments.

Has this building filed its SIRS?

We didn't find a filing record for this building in the DBPR's public database. Absence of a record does not mean the building is out of compliance — it may be exempt (under three stories), the filing may be recent or on paper, or the recorded name/address may differ. It IS the right question to ask before offering.

What is a special assessment?

A one-off charge the association levies on every owner when reserves don't cover a needed repair — in older coastal buildings they have ranged from a few thousand to over $100,000 per unit. The SIRS exists precisely to make these predictable and funded in advance. Always review the building's budget, reserves and meeting minutes before buying.

What should I check before buying in this building?

Florida law gives buyers the right to review the association's SIRS, milestone inspection reports, budget and reserves — the full study is available from the association by written request. Nilyan requests and walks through these documents with her buyers as part of the offer process.

Source: Florida DBPR public SIRS reporting database. Filing status is self-reported by the association; this is not an audit, inspection or safety certification, and absence of a record does not mean non-compliance. Data as of July 30, 2026.

Want the full structural picture of this building before you offer?