407 Rio Terra, FL
Stellar MLS

$699,000

407 Rio Terra

Venice, FL 34285

Listing updated: June 1, 2026 at 3:57 PM ET

Pending
3
Beds
2
Baths
1,804
Sq Ft
0.14
Acres
2001
Built
Private pool$387/sqft360° tour
Single Family Residence

Property type

2001

Year built

6,050 sqft

Lot size

$387

Price / sq ft

$360/mo

HOA dues

74

Days on market

2

Garage spaces

X

Flood zone

About this home

Welcome to the highly sought after gated, maintenance free, Bellagio Community on beautiful Venice Island, where elegance, comfort, and Florida living come together seamlessly. This exceptional Bari model offers a spacious split floor plan featuring three bedrooms, two bathrooms, and a bonus room constructed in 2017, perfect for a home office, or craft room. Thoughtfully designed for both privacy and effortless entertaining, the home showcases refined details and custom millwork throughout, including crown molding, tray ceilings, and more. What truly sets this home apart is the extensive list of recent upgrades and improvements that provide both comfort and peace of mind. A new tile barrel roof was completed in 2025, along with an insulated hurricane rated garage door, enhancing both durability and energy efficiency. In 2025, a natural gas whole home generator was installed, ensuring reliable power when it matters most. The lanai is equipped with an electric roll down hurricane screen for both sliders, offering added storm protection while maintaining outdoor comfort. At the heart of the home, the beautifully updated kitchen features sleek modern cabinetry, granite countertops, and stainless steel appliances, blending style and functionality for everyday living and hosting alike. Additional 2024-2025 updates include a new dishwasher, washer & dryer, and garbage disposal. Two bedroom offers generous walk in closets, while the bathrooms have been tastefully upgraded with modern vanities and quartz finishes. Step outside to your private oasis, where a sparkling, resurfaced swimming pool awaits. Equipped with both natural gas this inviting space is designed for year round enjoyment. The screened lanai and expansive patio create multiple spaces for relaxing, dining, and entertaining in true Florida style. Positioned at one of the highest elevations on Venice Island, this home is located in Flood Zone X and Evacuation Zone D, an important advantage, as most lenders will not require flood insurance. Residents of the Bellagio Community enjoy an exceptional lifestyle with two gated entrances, a private clubhouse, fitness center, community pool, and tennis and pickleball courts, providing endless opportunities for recreation and relaxation. Ideally located just minutes from the Legacy Bike Trail, Historic Venice Main Street, and Venice’s beautiful beaches, shopping, dining, Venice Theatre and Art Center. This home offers the perfect blend of tranquility, convenience, and coastal charm. With select furnishings available for purchase, this is your opportunity to move in with ease and start enjoying the Venice Island lifestyle.

Estimated monthly payment

Principal & interest$3,535
Property taxes$416
Home insurance (est.)$320
HOA dues$360

Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.

Price & listing history74 days on market

  1. Status: Pending
    Jun 1, 2026
  2. Listed$725,000
    Mar 19, 2026
  3. Price reduced$699,000

Facts & features

Property type
Residential
Sub type
Single Family Residence
Status
Pending
Days on market
74
Subdivision
Bellagio On Venice Island
County
Sarasota
Year built
2001
Living area
1,804 sq ft
Price/sq ft
$387
Building area
2,522 sq ft (Public Records)
Lot size
6,050 sq ft
Lot category
0 to less than 1/4
Flood zone
X (12115C0333G)
Garage
2 spaces
Pool
Private pool
Annual taxes
$4,986 (2025)
Parcel #
0428040032
Zoning
RSF3
MLS #
N6143454

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Interior Details

Bedrooms
3
Full bathrooms
2
Flooring
Carpet, Laminate, Tile
Appliances
Dishwasher, Disposal, Dryer, Electric Water Heater, Range, Refrigerator, Washer
Interior features
Built-in Features, Ceiling Fans(s), Crown Molding, Eat-in Kitchen, High Ceilings, Open Floorplan, Primary Bedroom Main Floor, Stone Counters, Thermostat
Laundry
Laundry Room
Stories / Levels
One
Direction faces
West

Heating & Cooling

Heating
Central
Cooling
Central Air

Parking

Garage spaces
2
Attached garage
Yes

HOA & Financial

HOA fee
$1,080 / Quarterly
Monthly HOA
$360/mo
Total monthly fees
$360/mo
Total annual fees
$4,320
HOA name
Brian Rivenbark
CDD
No
Homestead exemption
Yes
Min lease term
3 Months
Listing terms
Cash, Conventional
Ownership
Fee Simple
Available for lease
Yes
Lease restrictions
Yes
Additional lease restrictions
Refer to HOA Documents
Approval process
Buyer Application

Exterior & Construction

Exterior features
Hurricane Shutters, Private Mailbox, Rain Gutters, Sidewalk, Sliding Doors
Construction materials
Block
Roof
Tile
Foundation
Slab
Pool
Private pool
Road surface
Asphalt

Utilities

Sewer
Public Sewer
Water source
Public
Utilities
Cable Connected, Natural Gas Connected, Sewer Connected, Water Connected

Community

Pets allowed
Cats OK, Dogs OK

Schools

ElementaryVenice ElementaryGreatSchools ↗
MiddleVenice Area MiddleGreatSchools ↗
High SchoolVenice Senior HighGreatSchools ↗

Letter grades: Florida DOE 2024–25 school grades (Orange, Seminole, Lake, Osceola, Brevard). Assigned schools from the listing agent — verify enrollment with the district.

Room Details

RoomLevelDimensions
Primary BedroomFirst15x12
Bedroom 2First11x11
Bedroom 3First11x11
Great RoomFirst16x15
KitchenFirst15x12
Family RoomFirst16x14

Listing Details

Listing date
2026-03-19
On market date
2026-03-19
Original list price
$725,000
Occupant type
Vacant
MLS area
34285 - Venice
Listing AOR
Suncoast Tampa
Status changed
2026-06-01
Tax legal description
LOT 69 BELLAGIO ON VENICE ISLAND

Flood risk

Minimal riskFEMA Zone XPanel 12115C0333G

Minimal-risk area outside the mapped floodplain. Flood insurance is optional and typically low-cost.

Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.

Location

Directions

US-41 to Calle De Paradiso to Rio Terra

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MLS GRID

Listings courtesy of Stellar MLS as distributed by MLS GRID

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.

Based on information submitted to the MLS GRID as of June 1, 2026 at 3:57 PM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Ryan Solberg, Broker · MaxLife Realty LLC · FL License #BK3354351 · Equal Housing Opportunity · Full disclaimer · DMCA