NOT LISTED FOR SALE

902 Gibbs Rd Unit 281 Venice, FL 34285

Estimated Value: $168,000 - $243,000

1 Bed
1 Bath
446 Sq Ft
$1,267/mo HOA Fee

Last Sold February 24, 2023

Last sale price $260,000 $583 Per Sq Ft

Est. 20% decrease in value since last sale

Current estimated payment $2,618/month

65 Days on Market

Highlights

  • 55 Feet of Waterfront
  • Deeded access to the beach
  • Canal View
  • Venice Elementary School Rated A
  • Heated In Ground Pool
  • 3-minute walk to Humphris Park

About This Home

As of February 2023

HUGE PRICE DROP TO ACCOMMODATE THE INCREASE IN HOA FEES — the last comparable unit sold for $360k and needed work! AWESOME RENTAL OPPORTUNITY FOR INVESTORS!! AMAZING LOCATION with DEEDED BEACH ACCESS on the tip of the North Venice Beach Jetty -- enjoy the epic sunsets, go surfing, take advantage of one of the best fishing spots PLUS the numerous wildlife encounters!! The large heated COMMUNITY POOL OVERLOOKS THE BEACH -- WOW!! This MOVE IN READY, 2nd floor SALTWATER CANAL FRONT beauty is being sold TURNKEY FURNISHED!! Bright and airy, featuring stylish luxury vinyl flooring throughout and canal views from the moment you walk in the front door... PLUS from your abundantly sized master suite. The master suite boasts slider access to the balcony, ample closet space and a lavishly updated en-suite bathroom with oversized linen closet and upscale tiled flooring. The contemporary kitchen showcases stainless appliances, updated lighting and a classic commercial grade faucet. A/C and hot water heater NEW IN 2021! Assigned parking and guest parking options. Laundry room is on the first floor directly below the unit. Storage closet area outside of the unit on the hallway to the right of unit. No pets allowed. Rentals are allowed 12 times maximum per year. Entertain your friends in the unique underground "speak easy style" clubhouse complete with kitchen, library, craft area and pool bathrooms. 30 day minimum leases up to 12 times per year!! The quarterly HOA fee includes $1,600 going towards escrow reserves, flood insurance, water/sewer, cable tv and pest control!! A short walk to the Crow's Nest restaurant and less than 7 minutes by car to the fabulous Historic downtown Venice hotspot featuring endless entertainment, shopping, dining and and you are sure to adore the central, serene park like setting, perfect for relaxing and people watching. This fabulous condo is ready to become your tropical Florida oasis TODAY!!

Last Agent to Sell the Property

Tawnya Hile

PARADISE EXCLUSIVE INC License #3408613 Listed on: 12/01/2022

PARADISE EXCLUSIVE INC

Co-Listed By

Jonathan Hile

PARADISE EXCLUSIVE INC License #3535631

Last Buyer's Agent

Wayne Cherry

PROGRAM REALTY, LLC License #3457162

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,150

Year Built

  • Built in 1970

Lot Details

  • 55 Feet of Waterfront
  • Property fronts a saltwater canal
  • South Facing Home
  • Condo Land Included

HOA Fees

  • $1,267 Monthly HOA Fees

Home Design

  • Turnkey
  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 446 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Sliding Doors
  • Vinyl Flooring
  • Canal Views

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • Guest Parking
  • Reserved Parking

Pool

  • Heated In Ground Pool
  • Gunite Pool

Outdoor Features

  • Deeded access to the beach
  • Access to Saltwater Canal
  • Outdoor Storage
  • Front Porch

Utilities

  • Central Air
  • Heating Available
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, common area taxes, community pool, escrow reserves fund, insurance, ground maintenance, pest control, pool maintenance, sewer, water
  • Barbara O'grady Association
  • Bahia Vista Gulf Community
  • Bahia Vista Gulf Subdivision
  • The community has rules related to deed restrictions
  • Rental Restrictions

Amenities

  • Clubhouse
  • Laundry Facilities

Recreation

  • Community Pool

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,150

Year Built

Built in 1970

Lot Details

0

HOA Fees

$1,267 per month

Listing Details

  • HOA Fee Includes: Cable TV, Common Area Taxes, Community Pool, Escrow Reserves Fund, Insurance, Maintenance Grounds, Pest Control, Pool Maintenance, Sewer, Water
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Condominium
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 446
  • New Construction: No
  • Year Built: 1970
  • Building Area Total: 446
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/C7468223?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/C7468223?w=Customer
  • Floor Number: 2
  • Homestead Y N: No
  • Total Acreage: Non-Applicable
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.86667
  • Price per Sq Ft: 582.96
  • Close to Original List Price Ratio: 0.67532
  • Ratio: Current Price\Building Area Total: 582.96
  • View: Yes
  • Co List Office Mls Id: 274501360
  • Co List Office Phone: 941-451-2025
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Vinyl
  • Full Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s)
  • Appliances Included: Dishwasher, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 1
  • Levels: One
  • Stories: 2
  • Room Count: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: South
  • Other Structures: Storage
  • Pool Features: Gunite, Heated, In Ground
  • Exterior Features: Sliding Doors
  • Roof: Shingle
  • Pool Private: No
  • View: Water
  • Waterfront: Yes
  • Patio and Porch Features: Front Porch, Rear Porch
  • Road Surface Type: Paved
  • Water View: Canal
  • Water Access: Beach - Access Deeded, Canal - Saltwater
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Flood Zone Panel: 12115C0327F
  • Waterfront Frontage: 55
  • Additional Water Information: Deeded beach access across the street!
  • Water Frontage Feet Canal Salt: 55
  • Disclosures: HOA/PUD/Condo Disclosure, Lead Paint, Other, Seller Property Disclosure

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Guest, Reserved
  • Open Parking: No

Utilities

  • Utilities: Cable Connected, Electricity Connected, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Other
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Clubhouse, Deed Restrictions, Pool, Water Access, Waterfront
  • Association Amenities: Clubhouse, Laundry, Pool
  • Association Fee: 3800
  • Association Fee Frequency: Quarterly
  • Association Name: Barbara O'Grady
  • Association: Yes
  • Senior Community: No
  • Condo Land Included Y N: Yes
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 15200
  • Monthly HOA Fee: 1266.67
  • Total Monthly Fees: 1266.67

Lot Info

  • Zoning: RMF4
  • Parcel Number: 0173122146
  • Additional Parcels: No
  • Flood Zone Code: VE
  • Flood Zone Date: 2016-11-04
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Turnkey
  • Pets Allowed: No
  • Minimum Lease: 1 Month
  • Approval Process: Buyer must submit application to HOA with $100 application fee and have an interview with a member of the HOA board.
  • Num Timesper Year: 12
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Owners must notify the Management company of the name and address of the renters and the dates of occupancy and assure that renters are fully informed of the rules & regs. Please refer to section 26 of rules and regs for all lease info.

Tax Info

  • Tax Annual Amount: 2150
  • Tax Book Number: 3-41
  • Tax Lot: 281

Multi Family

  • Waterfront Features: Canal - Saltwater

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 5, 2026
Sold by
Moore Dennis R and Boldt-Moore Kimberly D
Bought by
Wasserman Clinton and Wasserman Gina
Current Estimated Value
$207,349

Purchase Details

Listed on
Dec 1, 2022
Closed on
Feb 24, 2023
Sold by
Jina Marie Costa Trust
Bought by
Moore Living Trust
Seller's Agent
Tawnya Hile
PARADISE EXCLUSIVE INC
Buyer's Agent
Wayne Cherry
PROGRAM REALTY, LLC
List Price
$385,000
Sold Price
$260,000
Premium/Discount to List
-$125,000
-32.47%
Views
105

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-8.74%

Purchase Details

Closed on
Feb 8, 2022
Sold by
Marie Costa Jina
Bought by
Jina Marie Costa Trust

Purchase Details

Listed on
Oct 15, 2020
Closed on
Mar 5, 2021
Sold by
Yan Llc
Bought by
Costa Jina Marie
Seller's Agent
Keith Gordon
GETMOREOFFERS
Buyer's Agent
Josh Wilson
EXP REALTY LLC
List Price
$187,000
Sold Price
$174,900
Premium/Discount to List
-$12,100
-6.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.68%
Original Mortgage
$139,920
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 15, 2018
Sold by
Pearson Joel T and Pearson Jean A
Bought by
Yan Llc

Purchase Details

Closed on
Oct 7, 2011
Sold by
Pearson Jean A
Bought by
Pearson Joel T

Purchase Details

Closed on
Oct 18, 1999
Sold by
Pearson Joel T and Pearson Jean A
Bought by
Pearson Jean A

Purchase Details

Closed on
Jul 24, 1996
Sold by
Pearson Jean A
Bought by
Pearson Joel T and Pearson Jean A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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
Wasserman Clinton $168,500 Americas Title Corp
Moore Living Trust $260,000 Americas Title Corp
Jina Marie Costa Trust -- Jerrel E Towery Pa
Costa Jina Marie $174,900 Gulf Breeze Ttl Of Sarasota
Yan Llc $143,001 None Available
Pearson Joel T $260,500 Attorney
Pearson Jean A -- --
Pearson Joel T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Costa Jina Marie $139,920
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/24/2023 02/24/23 Sold $260,000 -13.3% $583 / Sq Ft
02/05/2023 02/05/23 Pending -- -- --
02/03/2023 02/03/23 Price Changed $300,000 -14.3% $673 / Sq Ft
01/21/2023 01/21/23 Price Changed $350,000 -6.7% $785 / Sq Ft
01/16/2023 01/16/23 Price Changed $375,000 -2.6% $841 / Sq Ft
12/01/2022 12/01/22 For Sale $385,000 +120.1% $863 / Sq Ft
03/03/2021 03/03/21 Sold $174,900 0.0% $392 / Sq Ft View Prior Sale
01/31/2021 01/31/21 Pending -- -- --
01/28/2021 01/28/21 Price Changed $174,900 -1.7% $392 / Sq Ft
11/23/2020 11/23/20 Price Changed $178,000 -0.6% $399 / Sq Ft
11/09/2020 11/09/20 Price Changed $179,000 -4.3% $401 / Sq Ft
10/15/2020 10/15/20 For Sale $187,000 -- $419 / 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 $3,267 $181,100 -- $181,100
2024 $3,238 $217,000 -- $217,000
2023 $3,238 $219,100 $0 $219,100
2022 $3,006 $189,600 $0 $189,600
2021 $2,150 $134,300 $0 $134,300
2020 $1,959 $117,000 $0 $117,000
2019 $2,008 $120,100 $0 $120,100
2018 $1,982 $118,200 $0 $118,200
2017 $2,034 $120,100 $0 $120,100
2016 $1,824 $109,400 $0 $109,400
2015 $1,903 $115,100 $0 $115,100
2014 $2,053 $111,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Tawnya Hile

    Seller's Agent in 2023

    Tawnya Hile

    PARADISE EXCLUSIVE INC

    (941) 275-0479

    2 in this area

    233 Total Sales

    Tawnya Hile
    Section Image
  • Jonathan Hile

    Seller Co-Listing Agent in 2023

    Jonathan Hile

    PARADISE EXCLUSIVE INC

    (941) 275-0479

    1 in this area

    68 Total Sales

    Jonathan Hile
    Section Image

  • W

    Buyer's Agent in 2023

    Wayne Cherry

    PROGRAM REALTY, LLC

    (941) 999-9900

    12 in this area

    131 Total Sales

    Wayne Cherry
    Section Image
  • Keith Gordon

    Seller's Agent in 2021

    Keith Gordon

    GETMOREOFFERS

    (727) 942-2929

    5 in this area

    742 Total Sales

    Keith Gordon
    Section Image
  • Josh Wilson

    Buyer's Agent in 2021

    Josh Wilson

    EXP REALTY LLC

    (941) 202-6505

    11 in this area

    181 Total Sales

    Josh Wilson
    Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: C7468223

Stellar MLS

APN: 0173-12-2146

Florida Sarasota County Venice 34285

902 Gibbs Rd Unit 281, Venice, FL

Not Listed for Sale

Condos

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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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