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$725,000
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Property Description
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.
Full Property Details
Full Property Details for 407 Rio Terra
General
- Price: $725,000
- HOA FEE: $360/month
- HOA FEE FREQ.: Quarterly
- Taxes: $4,986 (2025)
- Status: Active
- Type: Single Family
- Source: MidFloridaRegionalMLS
- MLS ID: N6143454
- Updated: 3/20/2026
- Added to Site: 22 day(s) ago
Rental Information
- Min. Lease: 3 Months
Interior
- Number of Rooms: 6
- Interior Features: Built-in Features, Ceiling Fan(s), Crown Molding, Eating Space In Kitchen, High Ceilings, Open Floorplan, Primary Bedroom Main Floor, Stone Counters, Thermostat
- Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Range, Refrigerator, Washer
- Furnishings: Negotiable
- Flooring: Carpet, Laminate, Tile
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Laundry Room
Additional Information
- Pool: Yes
- Private Pool: Yes
- Pool Description: Gunite, Heated, In Ground, Screen Enclosure
Exterior
- Exterior Features: Hurricane Shutters, Private Mailbox, Rain Gutters, Sidewalk, Sliding Doors
- Deck/Patio: Enclosed, Patio, Porch, Screened
- Porch/Patio/Deck: Enclosed, Patio, Porch, Screened
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
Location
- Area: 34285 - Venice
- County: Sarasota
- Development Name: 34285 - Venice
- Subdivision: BELLAGIO ON VENICE ISLAND
- Driving Directions: US-41 to Calle De Paradiso to Rio Terra
- Direction Faces: West
School Information
- Elementary School: Venice Elementary
- Middle School: Venice Area Middle
- High School: Venice Senior High
Community
- Community Name: 34285 - Venice
- Association: Yes
- Assoc. Name: Brian Rivenbark
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable Connected, Natural Gas Connected, Sewer Connected, Water Connected
Structural Information
- Architectural Info: Mediterranean
- Architectural Style: Mediterranean
- Exterior Const.: Block
- Roof: Tile
- Stories/Levels: One
- Square Feet: 1,804
- Sq. Ft. Source: Public Records
- Year Built: 2001
Lot Features
- Property View: Garden
- Lot Size (Acres): 0.14
- Lot Size (Sq. Ft.): 6,050
- Lot Size: 6050
- Frontage: Private Road
- Street/Road Desc.: Asphalt
Financial Considerations
- Association Fee: $1,080
- Assoc Fee Freq.: Quarterly
- Assoc Fee Desc.: Required
- Tax Amount: $4,986
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: LOT 69 BELLAGIO ON VENICE ISLAND
- Flood Zone Info: X
- APN: 428040032
- Property ID: 428040032
Listed by Homesmart
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Schools
Schools serving 407 Rio Terra
School District:Sarasota County School District
| Name | Grades | Distance |
|---|---|---|
Venice Elementary School 150 Miami Avenue East, Venice, FL 34285 | PK-5 | 1 mi |
Venice Middle School 1900 Center Road, Venice, FL 34292 | 6-8 | 5 mi |
Venice Senior High School 1 Indian Avenue, Venice, FL 34285 | 9-12 | 0.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 407 Rio Terra
Date
Details
Price
Change
Source
3/19/2026
Listed
$725,000
110.14%
MLS
1/31/2011
Sold
$345,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 407 Rio Terra
Year
Property Taxes
Change
Tax Assessment
Change
2024
$4,876
—
$374,200
3%
2024
$4,876
2%
$363,654
3%
2023
$4,765
-1%
$353,062
6%
2021
$4,810
—
$332,795
-3%
2022
$4,799
—
$342,779
4%
2021
$4,810
-1%
$328,200
-1%
2019
$4,880
-3%
$331,500
-2%
2018
$5,012
8%
$338,449
8%
2017
$4,630
4%
$312,776
2%
2016
$4,460
1%
$306,343
1%
2015
$4,397
—
$304,214
1%
2014
$4,377
-5%
$301,800
10%
2013
$4,613
—
$274,100
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 407 Rio Terra
407 Rio Terra, Venice, FL 34285 (MLS# N6143454) is a Single Family property with 3 bedrooms and 2 full bathrooms. 407 Rio Terra is currently listed for $725,000 and was received on March 19, 2026. Want to learn more about 407 Rio Terra? Do you have questions about finding other Single Family real estate for sale in Venice? You can browse all Venice real estate or contact a Coldwell Banker agent to request more information.

