About UsBellagio on Venice Island is a 142 home gated community on the Island of Venice. Created in 2000 as a deed restricted community Bellagio is designed with Northern Italian architecture. We touch on the IntraCoastal Waterway and the Venetian Waterway Park , a 10 mile bike/hike path around the Island. We have a Clubhouse, Pool, and one Hartru Tennis Court. We are less than a mile from the Gulf beaches. Visit us on US 41 Business at the south end of the Island.