$146,000
$24K PRICE DROP

902 Gibbs Rd Unit 183 Venice, FL 34285

Estimated payment $2,395/month

Total Views 8,320
1 Bed
1 Bath
446 Sq Ft
$327 Price per Sq Ft

Highlights

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

About This Home

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!

Listing Agent

Domenica Riggio

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

COLDWELL BANKER REALTY

Co-Listing Agent

Wendy Cannizzaro

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

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

Parking

  • 1 Parking Garage Space

Home Design

  • 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
  • Directions to Property: Heading north on Tamiami Trail, make a left on Palermo. Make a right on Salerno. Make a right on Harbor Dr S. Make a left on W Venice Ave. Make a right onto Tarpon Center Dr.
  • Status: Active
  • Co List Office Mls Id: MFR284509013
  • Co List Office Phone: 941-493-1000
  • Ownership: Condominium
  • Available for Lease YN: 1
  • Escrow State: FL
  • Floor Number: 1
  • List Office Head Office Key Nume: 1046393
  • Minimum Lease: 1 Month
  • RATIO Current Price By Calculate: 327.35
  • Unit Number YN: 0
  • 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
  • Street Number Modifier: 902
  • Living Area Meters: 41.43
  • Room Count: 3

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 Extras YN: 0
  • Water View: Canal
  • Water View YN: 1
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2024-11-28

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
  • Building Name Number: BAHIA VISTA GULF
  • Condo Fees: 4000
  • Condo Land Included YN: 0
  • Montly Maint Amt Addition To HOA: 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
  • Homestead YN: 0
  • Lot Size Square Meters: 0

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.

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
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

Property History

Date Event Price Change Sq Ft Price
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
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

Purchase History

Date Type Sale Price Title Company
Deed $188,500 Barnes Walker Title Inc
Warranty Deed -- Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $150,800 New Conventional
Source: Public Records

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Source: Stellar MLS

MLS Number: N6135662

Stellar MLS

APN: 0173-12-2140