
$699,000
407 Rio Terra
Venice, FL 34285
Listing updated: June 1, 2026 at 3:57 PM ET
Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Garage spaces
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
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
- Status: PendingJun 1, 2026
- Listed$725,000Mar 19, 2026
- 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
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
| Room | Level | Dimensions |
|---|---|---|
| Primary Bedroom | First | 15x12 |
| Bedroom 2 | First | 11x11 |
| Bedroom 3 | First | 11x11 |
| Great Room | First | 16x15 |
| Kitchen | First | 15x12 |
| Family Room | First | 16x14 |
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-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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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.
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