Welcome to Bellagio on the Island, a quaint community of 142 homes, gated, with mature landscaping, sidewalks meandering through and it boarders the inter-coastal on the eastern side of the community. The home is the Rialto floor plan offering three bedrooms and baths for easy living and is currently a blank canvas waiting for you to put your stamp on it; featuring large tile on the diagonal, tall ceilings with trays in the entry way with double crown, two master en suites creating the perfect arrangement for guest or multi-family set up in a split arrangement along with an additional guest bedroom/den/office situation all surrounding the great room with access to your lanai area. The backyard has the potential to be a gardener’s paradise or create that wonderful outdoor entertaining place you have been dreaming of, there is plenty of room and very private. Not only will you enjoy the Island life and all it has at your fingertips, but the community has a gym, clubhouse with kitchen, heated pool, tennis/pickleball court, and easy access to the legacy trail. The HOA includes the irrigation and ground maintenance, so you will have time to enjoy Island life! The home has natural gas available, if you prefer. Call today to schedule your personal virtual or in person showing. Please submit offers by 3pm on Monday June 7th, a decision will be made by Tuesday Jne 8th.
Single-familyProperty Type
2003Year Built
6,196 sq ftLot Size
$344Est. Price/Sq.Ft.
2 car garageParking
Listed by Robin Sullivan• MICHAEL SAUNDERS & COMPANY
Bought with Lueanne Wood, PA• GULF SHORES REALTY OF FLORIDA
Lovingly cared for and lightly used 3 bedroom 3 bath home located behind the gates of Bellagio on the Island of Venice. Neutral in color this home flows effortlessly from one room to another with tile flooring set on diagonal in main living areas, newer carpet in the bedrooms. Ceilings accented with crown molding and two en-suite bedroom/bath combinations and two generous walk-in-closets. A third bedroom toward the front of the home has a closet and can easily be used as an office/den. Open concept kitchen/great room with breakfast bar makes entertaining easy. Ample cabinets and solid surface counters, 2 pantries and inside laundry room. Four sliding glass doors open to a covered screened lanai with a private deep back yard overlooking a landscaped berm beyond. A/C, dishwasher, disposal and microwave replaced in 2016. If you prefer gas cooking, the connection is already in place. Community amenities include heated pool, club room, Har tru tennis court & fitness. Steps away from the Venetian Waterway bike trail and an easy ride to the Gulf of Mexico or downtown shops.
Year
Property tax
Land + Additions
Assessment*
2025
$8,016 (+2.2%)
2024
$7,845 (+2.2%)
2023
$7,679 (+7.3%)
2022
$7,157 (+59.3%)
$158,200 + $333,300
$491,500
2021
$4,494 (−0.4%)
2020
$4,513 (+2.8%)
2019
$4,390 (+3.9%)
2018
$4,226 (−0.8%)
2017
$4,259 (+3.8%)
2016
$4,102 (+1.4%)
2015
$4,044 (+0.4%)
2014
$4,026 (+0.4%)
2013
$4,012 (+3.3%)
2012
$3,882
Tax history for 327 Rio Terra
Year
Property tax
Land + Additions
Assessment*
2025
$8,016 (+2.2%)
2024
$7,845 (+2.2%)
2023
$7,679 (+7.3%)
2022
$7,157 (+59.3%)
$158,200 + $333,300
$491,500
2021
$4,494 (−0.4%)
2020
$4,513 (+2.8%)
2019
$4,390 (+3.9%)
2018
$4,226 (−0.8%)
2017
$4,259 (+3.8%)
2016
$4,102 (+1.4%)
2015
$4,044 (+0.4%)
2014
$4,026 (+0.4%)
2013
$4,012 (+3.3%)
2012
$3,882
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Permits
Beds
3
Baths
3
Stories
1
Lot width
—
Lot depth
—
Lot size
6,196 Sq. Ft.
Year renovated
2013
Sq. Ft.
1,893
Year built
2003
Style
Single Family Residential
County
Sarasota County
APN
0430010060
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 10, 2026.
RSF-3
Residential Single-Family District
The Residential Single-Family zoning districts RSF are intended to establish low to moderate density residential neighborhoods, to implement Strategy LU 1.2.3 of the Comprehensive Plan, and to protect these areas from incompatible uses. The Residential Single-Family districts offer a range of lot sizes and housing stock detached and attached to allow a sustainable mix of single-family residential development.
Permitted uses
Include but are not limited to:
Housing-Group
Housing-Single unit
Housing-Other
Infrastructure
Fire house
Police station
Sep 11, 2025 • Final
Electrical
Install a generator and wire two automatic transfer switches.
Electrical
Generator
Jun 27, 2023 • Final
Residential minor renovation
Install an accordion hurricane shutter.
Roofing
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
Parking Information
Garage Dimensions: 20X20
Garage Spaces: 2
Has Attached Garage
Has Garage
Interior
Virtual Tour
Bedroom Information
# of Bedrooms: 3
Bathroom Information
# of Full Baths (Total): 3
Laundry Room Information
Laundry Features: Inside, Laundry Room
Other Rooms Information
# of Rooms: 11
Heating & Cooling
Heating Information: Central, Electric
Cooling Information: Central Air
Interior Features
Interior Features: Ceiling Fans(s), Crown Molding, High Ceilings, Master Bedroom Main Floor, Open Floorplan, Split Bedroom, Vaulted Ceiling(s), Walk-in Closet(s), Window Treatments
Window Features: Blinds
Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Gas Water Heater, Microwave, Range, Washer
Flooring: Carpet, Ceramic Tile
Exterior
Building Information
Construction Materials: Block, Stucco
Roof: Tile
Exterior Features
Patio And Porch Features: Covered
Exterior Features: Sidewalk, Sliding Doors
Property Features
Universal Property Id: US-12115-N-0430010060-R-N
Waterfront Information
Waterfront Feet Total: 0
Water View Y/N: 0
Water Access Y/N: 0
Water Extras Y/N: 0
Property Information
CDD Y/N: 0
Homestead Y/N: 1
Property Type: Residential
Property Sub Type: Single Family Residence
Zoning: RSF3
Land Information
Vegetation: Trees/Landscaped
Total Acreage: 0 to less than 1/4
Lot Information
Lot Features: City Limits, Near Public Transit, Sidewalk, Paved, Private
Lot Size Acres: 0.14
Lot Size Dimensions: 57x110x55x110
Road Surface Type: Paved
Road Responsibility: Private Maintained Road
Lot Size Square Meters: 576
Planned Unit Development YN: 0
Other Exemptions YN: 0
Financial
Tax Information
Tax Annual Amount: $4,513
Tax Year: 2020
Lease / Rent Details
Lease Restrictions YN: 1
Utilities
Utility Information
Water Source: Public
Sewer: Public Sewer
Utilities: BB/HS Internet Available, Cable Available, Cable Connected, Electricity Connected, Fire Hydrant, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
Location
Multi-Family Financial Information
Total Annual Fees: $3,456
Total Monthly Fees: $288
Multi-Unit Information
Unit Number YN: 0
Furnished: Unfurnished
HOA Information
Association Name: Lighthouse Property Management/Emily
Has HOA
Association Fee Requirement: Required
Association Approval Required Y/N: 1
Monthly HOA Amount: 288.00
Association Amenities: Clubhouse, Fitness Center, Gated, Pool, Tennis Court(s)
Association Fee: $864
Association Fee Frequency: Quarterly
Association Fee Includes: Pool
School Information
Elementary School: Venice Elementary
Middle Or Junior High School: Venice Area Middle
High School: Venice Senior High
Location Information
Directions: DO NOT follow direction on GPS, it will take you to resident only gate. From US 41 By-pass and Business 41, take US 41 Business (across the Circus bridge), turn right on Calle del Paradiso, pass through the gate and take the traffic circle to the second exit, property will be on your right.
Community Information
Community Features: Association Recreation - Owned, Deed Restrictions, Fitness Center, Gated, Pool, Sidewalks, Tennis Courts
Pets Allowed: Yes
Public facts
Beds: 3
Baths: 3.0
Sq. Ft.: 1,893
Stories: 1.0
Lot Size: 6,196 square feet
Style: Single Family Residential
Year Built: 2003
Year Renovated: 2013
County: Sarasota County
APN: 0430010060
Home facts updated by county records on Jul 10, 2026