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$879,000   Price Analysis
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331 Rio Terra
Venice, FL 34285
3 bed 3 bath 1,930 SqFt ($455/SqFt)
6,050SqFt lot. Built 2003
Listed 2024-07-22, HOA $329, Taxes $7,146
Ⓧ USDA Ineligible
due to price & location

near Venice

Stunning and renovated to perfection

This attractive updated and light filled home is in the gated community of Bellagio on Venice Island. Boasting a separate guest house cassita, enjoy privacy, flexibility and comfort knowing your guests are close by but in a detached building with built-in murphy bed and ensuite bathroom. Tons of new updates in this one story home. Contemporary saltwater pool and travertine lanai with jets galore lining a large underwater bench, sun shelf and fountains 2023. New flooring 2023. New chefs kitchen including stainless steel appliances with natural gas range and vented hood, wood cabinetry, one level quartz counters with bar 2024. New AC 2022. New primary bath with luxury shower, double sinks and private water closet 2023. New gas fireplace 2023. New whole house back- up natural gas generator 2023. New landscaping 2023. New double solid wood doors with roll out double screens 2023. Enjoy a split bedroom plan, with 3 bedrooms and 3 baths and one of the most desirable and rerely available Cassita floor plans on Venice Island. Take in the lush landscaping from two seperate screened lanais. Now is the time to enjoy an updated, move- in ready home with a 2 car attached garage with large built-in workbench, low HOA fees, a community pool in addition to your own, clubhouse, tennis and pickle ball court, work-out facility, library, wonderful walking paths along the intracoastal waterway and The Legacy Trail with direct access to Caspersen Beach or Sarasota!

Park your boat next door at Marine Max and walk to dinner within the marina while enjoying exceptional water views from The Old Salty Dog outdoor dinning balcony. You will have quick access to the Venice Island historic district with boutique shopping, gourmet restaurants and entertainment. Or take a pleasant bike ride direct down the Legacy trail to Sharky's on the beach. Now is the time to make this home your year round retreat or sesonal vacation spot, a home where memories will be made with family and friends, right along side the natural beauty of The Gulf of Mexico and its inviting sndy beaches. Schedule your tour today!


Presented by Cynthia Eliopoulos at
G1 Realty Llc.
Listing Agent Photo

Property MLS #N6133881 from StellarMLS

Bedrooms: 3
Primary Bedroom Dimensions: 17 x 20
Bedroom 2 Dimensions: 13 x 12
Primary Bedroom Level: First
Bedroom 2 Level: First
Bedroom 3 Level: First

Total Rooms: 6
Dinette: 12 x 14
Dinette Level: First
Great Room Dimensions: 20 x 20
Great Room Level: First

Total Bathrooms: 3
Full Bathrooms: 3

Ceiling Fans(s)
Eat-in Kitchen
High Ceilings
Kitchen/Family Room Combo
Open Floorplan
Primary Bedroom Main Floor
Solid Surface Counters
Solid Wood Cabinets
Split Bedroom
Thermostat
Walk-In Closet(s)
Window Treatments
Flooring: Luxury Vinyl
Window Features: Blinds, Drapes

Dishwasher
Disposal
Dryer
Electric Water Heater
Microwave
Range
Range Hood
Refrigerator
Washer
Laundry Features: Inside

Cooling Features: Central Air
Fireplace Features: Gas, Living Room
Heating Features: Central, Electric

Kitchen Dimensions: 12 x 12
Kitchen Level: First

Irrigation System
Lighting
Outdoor Grill
Private Mailbox
Sidewalk
Sliding Doors
Tennis Court(s)
Road Surface Type: Asphalt

Pool Features: Gunite, Heated, In Ground, Lighting, Salt Water, Screen Enclosure, Solar Heat, Tile
Pool Private: Yes

Attached Garage: Yes
Garage Spaces: 2

Lot Size Acres: 0.1388889
Lot Size Square Feet: 6050

Association: Yes
Association Amenities: Clubhouse, Fitness Center, Gated, Pickleball Court(s), Pool, Tennis Court(s)
Association Fee: 329
Association Fee Frequency: Monthly
Association Fee Includes: Common Area Taxes, Pool, Escrow Reserves Fund, Insurance, Maintenance Grounds, Private Road, Recreational Facilities
Calculated Total Monthly Association Fees: 329
Association Name: Capstone Association Management
Association Phone: 9415548838
Pets Allowed: Yes
Pet Description: Number Of Pets: 3

Elementary School: Venice Elementary
High School: Venice Senior High
Middle School: Venice Area Middle

Venice Senior High School is a public high school located approximately 0.7 miles away.
directions icon Map directions

Venice Elementary School is a public elementary school located approximately 1 miles away.
directions icon Map directions

Venice Middle School is a public middle school located approximately 5 miles away.
directions icon Map directions

The Study Center is a private elementary, middle and high school located approximately 0.6 miles away.
directions icon Map directions

Lease Term: Minimum Lease: 3 Months

Community Features: Buyer Approval Required, Clubhouse, Deed Restrictions, Fitness Center, Gated Community - No Guard, Golf Carts OK, Pool, Sidewalks, Special Community Restrictions, Tennis Courts

InLawSuite: Yes
Community Association WaterFeatures: Intracoastal Waterway
Annual Tax Amount: 7962
Source Listing Status: Active
County: Sarasota
Directions: US 41 to Venice Island (By pass 41) to Tamiami Trail to Calle Del Paradisio to main gate. Left on Rio Terra at circle, then on right side of Rio Terra.
Tax Year: 2023
Ownership: Fee Simple
Source Property Type: Residential
Area: 34285 - Venice
Source Neighborhood: BELLAGIO ON VENICE ISLAND
Parcel Number: 0430010062
Subdivision: BELLAGIO ON VENICE ISLAND
Property Subtype: Single Family Residence
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$unknown + $unknown
$411,279
$7,146
2021$unknown + $unknown
$373,890
$6,352
2020$243,500 + $96,400
$339,900
$5,690
2019$242,200 + $104,800
$347,000
$5,801
2018$221,400 + $127,600
$349,000
$5,852
2017$221,600 + $127,600
$349,200
$5,912
2016$247,800 + $115,900
$363,700
$6,064
2015$233,700 + $107,600
$341,300
$5,642
2014$unknown + $unknown
$325,000
$5,398
2013$unknown + $unknown
$298,700
$5,027
2012$unknown + $unknown
$282,500
$4,693
2011$unknown + $unknown
$284,700
$4,653
2010$unknown + $unknown
$265,800
$4,400
2009$unknown + $unknown
$309,100
$4,973
2008$unknown + $unknown
$318,600
$4,951
2007$unknown + $unknown
$379,200
$5,906

Listed 2024-07-22
$879,000
StellarMLS
Sold 2022-06-16
$675,000
StellarMLS
Sold 2015-09-16
$400,000
StellarMLS
Sold 2014-05-09
$400,000
Public Record
Listed 2014-04-03
$418,000
StellarMLS
Sold 2009-02-09
$368,500
StellarMLS
Listed 2008-07-19
$399,000
StellarMLS
Sold 2006-06-01
$462,500
Public Record
Sold 2003-05-29
$302,900
Public Record

Total Square Feet Living: 1930
Year Built: 2003
Building Area Source: Public Records
Building Area Total: 2895
Construction Materials: Block
Direction Faces: West
Foundation Details: Block, Slab
Levels: One
Property Age: 21
Roof: Tile

Sewer: Public Sewer
Electricity Connected
Natural Gas Connected
Public
Sprinkler Well
Street Lights
Underground Utilities
Water Connected
Water Source: Public

Security Features: Gated Community, Smoke Detector(s)
Click Thumbnail Images To View Full Size
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.