NOT LISTED FOR SALE

902 Gibbs Rd Unit 183 Venice, FL 34285

Estimated Value: $139,000 - $251,000

1 Bed
1 Bath
446 Sq Ft
$1,333/mo HOA Fee

Last Sold September 09, 2025

Last sale price $138,000 $309 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $2,530/month

266 Days on Market

Highlights

  • Canal View
  • Community Pool
  • Sliding Doors
  • Venice Elementary School Rated A
  • Tile Flooring
  • 3-minute walk to Humphris Park

About This Home

As of September 2025

EXCELLENT INVESTMENT OPPORTUNITY IN A FANTASTIC LOCATION – ON THE WATER ON THE ISLAND OF VENICE!**This 1-bedroom, 1-bath condo is a blank canvas waiting for your personal touch. Previously stripped to the studs due to water damage, the unit has drywall in place and ready for your finishing touches. This offers a unique opportunity to design and customize every aspect to suit your style. Picture a modern, chic living space with EXCELLENT RENTAL INCOME potential and history.

Both the living room and bedroom boast sliders that open up to breathtaking canal views, creating a peaceful and picturesque setting. With the right vision, this condo can be turned into a highly sought-after property. Impact sliders have been ordered, while a new hot water heater, air handler and condenser have already been installed. Doors and finishes will be handled by a general contractor, with costs covered by the condo association insurance. Also covered by condo association insurance is kitchen cabinets, appliances, and bathroom vanity all of your choice. This will be a brand new modern unit once completed.

Don't miss this fantastic investment opportunity! **Prime Location** with **Deeded Beach Access** at the tip of the North Venice Beach Jetty! Experience stunning sunsets, surfing, prime fishing locations, and vibrant wildlife. The large, heated **Community Pool** overlooks the beach, and both assigned and guest parking options are available. A laundry room is conveniently located on the first floor, along with a storage closet. Please note that pets are not allowed, and RENTALS ARE PERMITTED 12 TIMES A YEAR WITH A 30 DAY MINIMUM, making this the perfect investment opportunity. Quarterly fees include water, sewer, internet, common grounds maintenance, and heated community pool that overlooks the beach!

Just a short walk from the Crow's Nest restaurant and less than a 7-minute drive to the bustling Historic Downtown Venice, where you'll find endless entertainment, shopping, and dining options. Schedule your appointment today!

Last Agent to Sell the Property

Domenica Riggio

COLDWELL BANKER REALTY Brokerage Phone: 941-493-1000 License #3584238 Listed on: 11/30/2024

COLDWELL BANKER REALTY

Co-Listed By

Wendy Cannizzaro

COLDWELL BANKER REALTY Brokerage Phone: 941-493-1000 License #3504196

Last Buyer's Agent

Michelle Hupp

KELLER WILLIAMS ISLAND LIFE REAL ESTATE License #3267001

KELLER WILLIAMS ISLAND LIFE REAL ESTATE

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,199

Year Built

  • Built in 1970

Lot Details

  • South Facing Home

HOA Fees

  • $1,333 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 446 Sq Ft Home
  • 1-Story Property
  • Sliding Doors
  • Combination Dining and Living Room
  • Tile Flooring
  • Canal Views

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Schools

  • Venice Elementary School
  • Venice Area Middle School
  • Venice Senior High School

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, pool, escrow reserves fund, insurance, maintenance structure, ground maintenance, management, pest control, sewer, trash, water
  • Argus Property Management Barbara O'grady Association, Phone Number (941) 408-7413
  • Visit Association Website
  • Bahia Vista Gulf Community
  • Bahia Vista Gulf Subdivision

Amenities

  • Laundry Facilities
  • Community Mailbox

Recreation

  • Community Pool

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,199

Year Built

Built in 1970

Lot Details

0

HOA Fees

$1,333 per month

Listing Details

  • HOA Fee Includes: Cable TV, Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Management, Pest Control, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 446
  • New Construction: No
  • Year Built: 1970
  • Building Area Total: 446
  • Status: Sold
  • Co List Office Mls Id: MFR284509013
  • Co List Office Phone: 941-493-1000
  • Ownership: Condominium
  • Entry Level: 1
  • Building Area Total Srch Sq M: 41.43
  • Escrow State: FL
  • Floor Number: 1
  • Minimum Lease: 1 Month
  • RATIO Current Price By Calculate: 309.42
  • Water Access YN: 0
  • Condo Fees Term: Quarterly
  • Amenities Additional Fees: Please see Condominium docs and rules and regulations for full description. Buyer and Buyers agent responsible for verification of MLS listing information.
  • MFR_NumAssignedParkingSpaces: 1
  • MFR_InLawSuiteYN: 0
  • MFR_CommunityAssociationWaterFeatures: Bay/Harbor Front,Canal Front,Gulf/Ocean Front,Water Access,Waterfront
  • Attribution Contact: 941-493-1000
  • Tax Year: 2024
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile
  • Full Bathrooms: 1
  • Interior Amenities: Living Room/Dining Room Combo
  • Appliances Included: Electric Water Heater
  • Foundation Details: Slab
  • Total Bedrooms: 1
  • Levels: One
  • Stories: 1
  • Living Area Meters: 41.43

Exterior Features

  • Direction Faces: South
  • Exterior Features: Sliding Doors
  • Roof: Shingle
  • Home Warranty: No
  • Pool Private: No
  • View: Water
  • Waterfront: No
  • Road Surface Type: Paved
  • Water View: Canal
  • Water View YN: 1
  • Waterfront Feet Total: 0

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Utilities: Cable Connected, Electricity Connected
  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Community Mailbox, Pool, Sidewalks
  • Association Name: Argus Property Management-Barbara O'Grady
  • Phone: 941-408-7413
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Association Fee Requirement: None
  • Condo Fees: 4000
  • Condo Land Included YN: 0
  • Association Email: barbara@argusvenice.com
  • Monthly Condo Fee Amount: 1333
  • Association URL: argusvenice.com

Fee Information

  • Total Annual Fees: 16000.00
  • Total Monthly Fees: 1333.33

Schools

  • Elementary School: Venice Elementary
  • High School: Venice Senior High
  • Middle Or Junior School: Venice Area Middle

Lot Info

  • Zoning: RMF4
  • Parcel Number: 0173122140
  • Additional Parcels: No
  • Flood Zone Code: AE

Rental Info

  • Pets Allowed: No
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: See condo docs for full leasing information. Buyer's agent to do due diligence.

Tax Info

  • Tax Annual Amount: 3199
  • Tax Book Number: 3-41
  • Tax Lot: 0

Multi Family

  • Approval Process: See condo docs for full leasing information. Buyer's agent to do due diligence.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 30, 2024
Closed on
Sep 9, 2025
Sold by
Hooker Charles Thomas
Bought by
Henson Clayton E and Henson Heather B
Seller's Agent
Domenica Riggio
COLDWELL BANKER REALTY
Buyer's Agent
Michelle Hupp
KELLER WILLIAMS ISLAND LIFE REAL ESTATE
List Price
$170,000
Sold Price
$138,000
Premium/Discount to List
-$32,000
-18.82%
Views
112
Current Estimated Value
$178,916

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,916
Avg. Annual Appreciation
98.04%

Purchase Details

Listed on
Jan 27, 2020
Closed on
Oct 21, 2020
Sold by
Jack Bunce Revocable Living Trust and Furno Jamie Bunce
Bought by
Hooker Charles Thomas
Seller's Agent
Tammy Barber
COLDWELL BANKER REALTY
Buyer's Agent
Tracie Miller
SELLING THE SUNSHINE REALTY
List Price
$199,400
Sold Price
$188,500
Premium/Discount to List
-$10,900
-5.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-6.18%
Original Mortgage
$150,800
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 26, 2018
Sold by
Bunce Jack and Bunce Janet A
Bought by
Bunce Delfay Kathleen Bunce and Bunce Furno Jamie
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Henson Clayton E $138,000 First International Title
Hooker Charles Thomas $188,500 Barnes Walker Title
Bunce Delfay Kathleen Bunce -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hooker Charles Thomas $150,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/09/2025 09/09/25 Sold $138,000 -5.5% $309 / Sq Ft
08/23/2025 08/23/25 Pending -- -- --
06/21/2025 06/21/25 Price Changed $146,000 -11.5% $327 / Sq Ft
02/12/2025 02/12/25 Price Changed $165,000 -2.9% $370 / Sq Ft
11/30/2024 11/30/24 For Sale $170,000 -9.8% $381 / Sq Ft
10/21/2020 10/21/20 Sold $188,500 -5.5% $423 / Sq Ft View Prior Sale
09/18/2020 09/18/20 Pending -- -- --
07/06/2020 07/06/20 For Sale $199,400 0.0% $447 / Sq Ft
06/25/2020 06/25/20 Pending -- -- --
05/14/2020 05/14/20 Price Changed $199,400 -0.3% $447 / Sq Ft
02/25/2020 02/25/20 Price Changed $199,900 -2.5% $448 / Sq Ft
01/27/2020 01/27/20 For Sale $205,000 -- $460 / Sq Ft
Source: Stellar MLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,199 $138,800 -- $138,800
2024 $3,215 $206,305 -- --
2023 $3,215 $246,100 $0 $246,100
2022 $2,988 $215,900 $0 $215,900
2021 $2,545 $155,000 $0 $155,000
2020 $1,979 $118,200 $0 $118,200
2019 $626 $77,570 $0 $0
2018 $605 $76,124 $0 $0
2017 $592 $74,558 $0 $0
2016 $580 $109,400 $0 $109,400
2015 $580 $116,200 $0 $116,200
2014 $578 $70,877 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: N6135662

Stellar MLS

APN: 0173-12-2140