tomo logo

$795,000

Beds
3
Baths
2.0
sq ft
1,745

335 Rio Terra, Venice, FL 34285

335 Rio Terra

VENICE, FL 34285

  • 57 days on market
    • Price drop $30,000↓
Welcome to 335 Rio Terra Drive, located in the highly coveted, gated Bellagio Community on Venice Island. This exceptional Bari model (floor plan available) offers a spacious split layout with three bedrooms and two baths, complemented by a stunning swimming pool—perfect for both privacy and entertaining. This property is located at one of the highest elevations on Venice Island, within a favorable Flood Zone X and Evacuation D Zone. This positioning offers a significant advantage, as most lenders will not require flood insurance. Recent structural upgrades include hurricane-impact windows installed in 2021 and a new tile barrel roof completed in 2023, providing lasting peace of mind and comfort. Inside, you’ll find tile flooring throughout, crown molding, and soaring 10-foot ceilings, creating an elegant, open atmosphere. For added convenience and efficiency, the home is equipped with natural gas and a natural gas tankless water heater. The sparkling pool has been resurfaced and features both a natural gas and solar heater, ensuring year-round enjoyment. The kitchen has been beautifully updated with 42-inch cabinetry, quartz countertops, and stainless steel appliances, offering both style and functionality. Each of the bedrooms boasts generous walk-in closets, and the bathrooms feature updated vanities with quartz countertops, providing a sleek, modern finish. Step outside to enjoy the best of Florida outdoor living with a variety of spaces designed for relaxation and entertainment. The screened lanai and expansive paver patio create the perfect setting for dining or lounging, allowing you to fully appreciate the beautiful surroundings. Many of the home’s furniture pieces are available for purchase, making it easy to move in and start enjoying the lifestyle you’ve been dreaming of. The Bellagio Community offers two gated entrances, a private clubhouse, a fitness room, a community pool, and courts for tennis and pickleball, providing ample opportunities for recreation and relaxation. Ideally located just minutes from the Legacy Bike Trail, Historic Venice Main Street, and Venice Beaches, this home offers the ultimate in island living.

Details

Property type

Single Family Residence

Est. home value

$749,565

Lot size

7,675 sq ft

Price per sq ft

$456

Year built

2002

Annual property taxes

$5,893

Monthly HOA fee

$329.46

Price History

01/10/2025
StellarMLS

StellarMLS #N6135610

Price change
$795,000
-3.64%
11/27/2024
StellarMLS

StellarMLS #N6135610

Listed
$825,000
+60.19%
02/23/2021
StellarMLS

StellarMLS #N6113167

Sold
$515,000
+33.77%

Schools & Community

Neighborhood: 

The Island

Elementary school: 

Venice Elementary

Middle school: 

Venice Area Middle

High school: 

Venice Senior High

Community features: 

Gated, Clubhouse, Fitness Center, Pool, Sidewalks, Tennis Court(s)

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$640,208
Asking price
$795,000
Closing costs (~8% of asking)
-$63,600
Est. remaining loan balance
-$91,192
Cash to seller
$640,208

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Equity Resources Inc

Loan start date

February 2021

Original loan amount

$100,000

Est. remaining balance

$91,192

Interest rate

2.65%

Loan type

New Conventional, 30 year

Seller

Lydia E Scharf and Jeffry S Parlet

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Similar Homes Nearby

StellarMLS
$790,000
3 bd
|
2 ba
|
1,984 sq ft
|
House

106 Corte Del Asolo, Venice, FL 34285

StellarMLS
$699,000
3 bd
|
2 ba
|
1,745 sq ft
|
House

305 Rio Terra, Venice, FL 34285

Price drop
StellarMLS
$649,900
3 bd
|
2 ba
|
2,300 sq ft
|
House

1119 Kittiwake Dr, Venice, FL 34285

Status: Active

Tomo last checked: 01/22/2025 at 8:20 PM

Listing updated: 01/10/2025 at 12:00 PM

Listed by: Chris Price, HOMESMART Phone #: (407) 476-0461

MLS: StellarMLS #N6135610

StellarMLS logo

Recently listed in VENICE

$560,000|2 bd|2.0 ba|House
$439,000|3 bd|2.0 ba|House
$658,892|3 bd|2.5 ba|House
$621,484|2 bd|2.0 ba|House
$571,767|3 bd|2.5 ba|House
$663,198|2 bd|2.0 ba|House
$317,000|2 bd|2.0 ba|House
$540,000|2 bd|2.0 ba|House