The location is rather convenient, 15 min. walk to Lido SME vaporetto stop, which is also reachable by frequently running bus. From SME in 30 minutes you can reach San Marco, Piazzale Roma bus terminal and other main locations. The neighborhood is quite and picturesque, with Festival Palace nearby.
The single room is VERY small, with basic furniture and without table, while on other hand there are some unusable pieces of antique furniture... Bathroom is convenient, with enough light and space. Towels are changed, if you leave them on the floor, otherwise just folded, even if they are obviously dirty. Some towels already from beginning had stains and holes... The conditioning system is weird, so anyhow the window has to be left open for more fresh air. The wi-fi is constantly malfunctioning, unfortunately.
Overall - for an extremely expensive city this is a reasonably prised choise, if you're not to busy on schedule and allow a certain time for travel.