I can't imagine there is a better location for exploring Venice unless you're of a mind to pay the high prices of hotels in the city. Spacious and homey. Short walk to the tram that takes you to Venice for Euro 1.50. Neighborhood has grocery store within 50 meters and a pleasant, tasty restaurant even closer. Secure parking is great.
It is a bit of a walk to where the tram drops you off to St. Mark's square, but it's a most scenic walk.