7309 5th Ave Nw, Bradenton, Florida
List Price: $2,949,999
MLS Number: A4553224

  • Status: Sold
  • Sold Date: Apr 15, 2024
  • Square Feet: 5414
  • Bedrooms: 8
  • Baths: 4
  • Half Baths: 1
  • Garage: 4
  • City: BRADENTON
  • Zip Code: 34209
  • Year Built: 1987
OVER $487,000+ IN GROSS RENT FOR 2023!!! UNREAL RENTAL RETURN ON INVESTMENT! You simply wont find another property that cash flows like this one!!! Welcome to Xanadu - a stunning turn-key furnished luxury estate on 2.3 acres in NW Bradenton currently used as an established and lucrative vacation rental property!!! BRAND NEW JUST ADDED PICKELBALL COURT AND FULL SIZE PROFESSIONAL SAND VOLLEYBALL COURT!!! This impressive 8 bedroom, 4.5 bathroom home boasts a resort-like tropical outdoor oasis with a private beach and lavish swimming pool. With two separate homes on property, there's more than enough room for multiple parties to live or stay comfortably. Showcased with modern design and steeped with coastal elegance, this unique estate will captivate you from the moment you set foot on property. No expense has been spared to transform this extravagant home, and every inch has been recently renovated with the finest materials and finishes. A circular drive leads to the main home which plays host to 5 spacious bedrooms and 3.5 spa-inspired bathrooms with 2 side-entry garages to accommodate 5 vehicles. A gourmet kitchen features shaker-style cabinets, tongue-in-groove ceiling, solid quartz countertops with waterfall island, two designer pendants, and slide-in range to elevate your culinary experience. The kitchen provides plenty of seating with two counter-height bar seating areas and an adjacent kitchen nook. An entertainer's dream, gather friends and family in the formal family room with a cozy fireplace, or the bonus room at the front of the home. This large room could be a formal dining room, billiards/game room, and more, and offers a charming window seat for a bright reading spot. The second building, situated just behind the pool area, features over 1,000 square feet of living space and includes 3 bedrooms, full kitchen, full bathroom, and living area. The true showstopper of the estate is the slice of paradise behind the main home. Surrounded by lush landscaping and towering palms, this secluded, tranquil haven makes the perfect spot for ultimate relaxation with an L-shaped resort-style pool where you can lounge on the sun shelf with bubblers, its very own beach, and an oversized, covered lanai. Dine alfresco by the pool and enjoy the ambience provided by the fire bowl accents. If the private beach isn't enough for you, drive just 9 minutes to reach the beautiful white sandy beaches of the Gulf Coast. Opportunities are endless in this gorgeous property: make the main home yours and use the second as an investment property, take advantage of both for yourself, or offer both as a vacation rental! Claim this rare gem as your own and schedule your private showing today!

Misc Info

Subdivision: Not Applicable

Annual Taxes: $7,683

Lot Size: 2 to less than 5

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    Sold Information

    CDD: $2,650,000

    Sold Price per Sqft: $ 489.47 / sqft

    Home Features

    Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Range, Refrigerator, Washer

    Flooring: Vinyl

    Air Conditioning: Central Air

    Exterior: Irrigation System, Other

    Garage Features: Circular Driveway, Driveway, Garage Door Opener, Garage Faces Side, Guest

    Room Dimensions

    Schools

    • Elementary: Palma Sola Elementary
    • High: Manatee High
    • Map
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