Bella Costa I is an established condominium community on Venice Island in Venice, Sarasota County, built in the early-to-mid 1970s on the Intracoastal Waterway. The community is a set of three-story buildings of two-bedroom condos, with floor plans roughly in the 1,013 to 1,563 square foot range, on a walkable waterfront site a short distance from downtown Venice (Homes.com and community listing sources, 2025 to 2026).
The pitch is location and lifestyle. The site sits directly on the Intracoastal Waterway with a waterfront terrace, and downtown Venice with its dining, shopping, farmers market, and the Legacy Trail is a short walk, with the Gulf beach a short ride beyond. Amenities include a heated pool, clubhouse, fitness room, billiards, a library, and a picnic and grill area on the water.
Because this is an established three-story coastal condominium, the read is on the building and the association, not only the unit. Florida law now requires milestone structural inspections and a structural integrity reserve study for condominium buildings of three or more stories, with key deadlines that have already arrived, so the funded reserves, inspection status, and any assessment history are central diligence.
The honest framing is that the water view and the walk to downtown are the asset, and the number is decided by the building's structural and reserve posture and by the coastal flood and insurance math. Read the association documents, the reserves, and the specific unit's flood zone and insurance before you price the view.
