by Global Lifestyle Properties

See Home Value
$850,000
● House - Off Market

938 THE RIALTO

VENICE, FL 34285
bedrooms
5 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,924 Ft²
$5,462
Est. Monthly
3.04%
Cap Rate

About This Property

One or more photo(s) has been virtually staged. The Hidden Gem of Venice Island – Newly Priced - Welcome to 938 The Rialto, an exceptional 5-bedroom, 3.5-bathroom POOL home nestled in the highly sought-after South Venezia Park on Venice Island. This spacious two-story residence has been thoughtfully upgraded throughout and is move-in ready-offering the ultimate in Florida island lifestyle.

Step inside to discover a beautifully updated interior featuring an open-concept layout ideal for family living and entertaining. The entire second floor is dedicated to the luxurious primary en suite, offering unparalleled privacy. Enjoy dual vanities with granite countertops, a makeup station, spa-like jetted tub, an oversized walk-in tiled shower with dual heads and rain feature, and a closet so large it can double as an office, nursery, or guest space.

Downstairs, the home boasts multiple living and dining areas including a gourmet kitchen with propane gas range, stainless steel appliances, wall oven and microwave, wine rack, granite counters, beverage fridge, and custom cabinetry. A large guest en suite with private bath offers handicap accessibility, while two additional bedrooms share a full bath-with one having its own half bath, functioning almost as a second suite. The formal dining room at the front of the home offers flexibility as a home office or multipurpose space.

Step outside to your private backyard oasis with a HEATED, newly resurfaced SALTWATER POOL (2023) surrounded by a brand-new paver pool enclosure (2024) engineered to withstand 160 mph winds and fitted with no-see-um screens. Additional recent upgrades include:

New Roof (2020)

New Soffit & Fascia (2021)

New Saltwater Pool System with new cell (2024), skimmer (2022), motor (2025), and filter (2023)

New Hot Water Heater (2023)

Updated Electrical (recent)

Dual HVAC Systems (2015 & 2018) with UV filtration and duct cleaning (2022)

Perma-Liner sewer system (2022) with 50-year transferable warranty

Fresh exterior paint & screened-in front porch (2023)

Professional landscaping by Pura Vida Gardens

A back driveway with a grandfathered-in shed, perfect for all your outdoor tools and toys! Countless custom features add to this home's charm and functionality, making this home one-of-a-kind on Venice Island.

Located walking distance to Venice Beach, the Venice Fishing Pier, historic downtown, Venice High School, Legacy Trail and much more; this home places you right in the heart of the island's vibrant coastal lifestyle.

Don't miss your opportunity to own one of the most unique and upgraded homes on Venice Island. Whether enjoying sunset swims or strolling the sandy shores, 938 The Rialto invites you to start living your Florida dream.
Unit Size
2,924 Ft²
Days on Market
231 days
Land Size
0.22 acres
Price per sqft
$341
Property Type
House
Property Taxes
$566
HOA Dues
-
Year Built
1965

Payment Calculator

Cap Rate Calculator

Last updated: 11 months ago (Stellar MLS #N6138265)

Price History

Date / Event Date Event Price
Nov 21, 2025 Sold
Sold
Oct 25, 2025 In contract -
In contract
Sep 13, 2025 Price Decreased $997,000
↓ $53K (5.1%)
Price Decreased
Aug 16, 2025 Price Decreased $1,050,000
↓ $50K (4.6%)
Price Decreased
Aug 3, 2025 Price Decreased $1,100,000
↓ $60K (5.2%)
Price Decreased
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Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 2000
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 12
  • Interior Walls Type: 3
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 5
  • Porch Type: 111
  • Pool Type: 8
  • Location Influence Type: 113

    Dimensions

  • Lot Size Square Feet: 9,800
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 700
  • Total Building Area: 2,924
  • Gross Building Area: 3,022
  • Building Area: 2,924
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,924
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SOUTH VENEZIA PARK SEC OF VENICE
  • Land Acres: 0000000225
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 001
  • Legal Description 1: THE N 35 FT OF LOT 11 & THE S 35 FT OF LOT 10 BLK 127 SOUTH VENEZIA PARK SEC OF VENICE

Neighborhood

  • School District Name: Sarasota County School District
  • School Tax School District: T03 T03D
  • Census Tract: 002401

Zoning

  • Zoning: RSF3

Geography

  • Assessors Map Reference: 38D
  • Account Number: 0430060019
  • Subdivision Tract Number: 660
  • Parcel: 0430-06-0019
  • Block: 127
  • Lot: 11,10
  • Meridian: SEC 18 TWN 39S RNG 19E
  • Municipality: CITY OF VENICE
  • Latitude: 27.0833
  • Longitude: -82.4447

    Address

  • Full Address: 938 The Rialto
  • Address - House Number: 938
  • Address - Street Name: The Rialto
  • State: FL
  • City Name: Venice
  • Carrier Code: C055
  • 4-Digit Zip Code: 3528
  • Zip Code: 34285

Valuation

    Tax

  • Total Area: 3,022
  • Tax Year: 2023
  • Tax Amount: $628,097
  • Tax Rate Code Area: 0300

    Appraisal Valuation

  • Standard Deviation: 0.1668
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 78
  • Final Value: 802,924
  • High Value: 936,904
  • Low Value: 668,944

    Market Valuation

  • Market Total Value: $589,900
  • Market Land Value: $308,200
  • Market Improvement Value: $281,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $452,686

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 16, 2020
  • Current Sale Recording Date: Oct 19, 2020
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2020144677
  • Previous Sale Recording Date: Oct 19, 2005
  • Previous Sale Contract Date: Oct 11, 2005
  • Previous Sale Amount: $600,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About South Venezia Park


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Frequently Asked Questions

When was property at 938 The Rialto built and last sold?
The property at 938 The Rialto was built in 1965 and last sold on Oct 16, 2020 for $485,000.
How much is this home worth?
The estimated value of the home located at 938 The Rialto is $1,006,970.
What are some comparable homes to 938 The Rialto?
There are currently no comparable homes to 938 The Rialto.