7309 5th Avenue NW Bradenton FL 34209 by Hunt Brothers Realty, Inc. A4553224 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!

New Search

Saved! Save Property

Back to Results

View Photo Gallery (74)

Listing ID: A4553224

Sold For: $2,650,000

Status: Closed

Sold Date: 4/15/2024

Address: 7309 5th Avenue NW

City: Bradenton

State: Florida

Postal Code: 34209

Bedrooms: 8

Total Baths: 5

Full Baths: 4

Partial Baths: 1

SqFt: 5,414

Acres: 2.300

County: Manatee

Subdivision: Not Applicable

Bradenton

34209

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!

Primary Features

County: Manatee

Half Baths: 1

Price Before Reduction: 2999999

Price Reduction Date: 2023-03-06T15:04:50+00:00

Property Sub Type: Single Family Residence

Property Type: Residential

Subdivision: Not Applicable

Year Built: 1987

Zoning: RSF4.5

Interior

Additional Rooms: Den/Library/Office, Family Room, Formal Dining Room Separate, Formal Living Room Separate, Inside Utility

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

Building Area Units: Square Feet

Cooling Type: Central Air

Fireplace: yes

Flooring: Vinyl

Heating Type: Central, Electric

Interior Features: Ceiling Fans(s), Eat-in Kitchen, Living Room/Dining Room Combo, PrimaryBedroom Upstairs, Split Bedroom, Walk-In Closet(s)

Laundry Features: Inside, Laundry Room

Levels: Two

Living Area Meters: 502.98

Living Area Source: Public Records

Living Area Units: Square Feet

Room Count: 11

Stories Total: 2

External

Attached Garage: yes

Carport: no

Construction Materials: Vinyl Siding, Wood Frame

Exterior Features: Irrigation System, Other

Fencing: Wood

Foundation Details: Slab

Garage: yes

Garage Spaces: 4

Homestead: no

Lot Features: In County, Oversized Lot

Lot Size Dimensions: 165x640

Lot Size SqFt: 100188

Lot Size Square Meters: 9308

Other Structures: Guest House

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

Patio And Porch Features: Covered, Patio, Rear Porch

Pool Features: Heated, In Ground, Lighting, Salt Water

Pool Private: yes

Road Surface Type: Asphalt

Roof: Shingle

Sewer: Public Sewer

Total Acreage: 2 to less than 5

Utilities: Cable Connected, Electricity Connected, Public, Sewer Connected, Sprinkler Meter, Water Connected

View Type: Pool

Water Access: no

Water Extras: no

Water Source: Public

Water View: no

Waterfront: no

Window Features: Window Treatments

Location

Association: no

Association Approval Required: no

Building Area Source: Public Records

Building Area Total: 7325

Community Development District: no

Country: US

Direction Faces: North

Elementary School: Palma Sola Elementary

Flood Zone Code: X

High School: Manatee High

Middle Or Junior School: Martha B. King Middle

MLS Area Major: 34209 - Bradenton/Palma Sola

SW Subdivision Community Name: Not Applicable

Township: 34S

Zoning Compatible: yes

Financial

Available For Lease: yes

Close Price By Calculated SqFt: 489.47

Current Price: 2650000.00

Existing Lease Tenant: no

Listing Terms: Cash, Conventional, Private Financing Available

Minimum Lease: No Minimum

Ownership: Fee Simple

Ratio Current Price By Calculate: 489.47

Special Listing Conditions: None

Tax Annual Amount: 7683

Tax Book Number: 1-127

Tax Lot: NA

Tax Year: 2021

Primary Features

Interior

External

Location

Financial

Zoning Info

Area Info

Request More Information - Listing ID A4553224