Sold

7309 5TH AVE NW

BRADENTON FL, 34209

$2,650,000


$489.47 per sqft

Sold

8 Beds

5 Baths

5,414 sqft

Residential

Built in 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!

A4553224

MLS ID

November 26, 2022

Listed

May 25, 2024

Updated

Map

7309 5TH AVE NW
BRADENTON FL, 34209

Interior Features

Total Stories

2


Bedrooms

8


Total Bathrooms

5


Full Bathrooms

4


Half Bathrooms

1


Interior Features

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


Appliances

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


Laundry Description

Inside, Laundry Room


Floor Description

Vinyl


Fireplace

Yes


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Central, Electric

Exterior/Building Features

Lot Size

2.3 Acres


Exterior Features

Irrigation System, Other


Lot Features

In County, Oversized Lot


Roof

Shingle


Sewer

Public Sewer

School Information

High School

Manatee High


Elementary School

Palma Sola Elementary

Other Property Details

Area Name

34209 - Bradenton/Palma Sola


Taxes

$7,683


Tax Frequency

Annually


Days on Market

350


Garage

Yes


Garage Spaces

4


Parking

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


View

Yes


View Description

Pool


County

Manatee


Municipality

34S


Water Source

Public


Pool

Yes


Pool Features

Heated, In Ground, Lighting, Salt Water


Zoning

RSF4.5


Buyer Agency Compensation

2.75%

Listing History

Date

Event

Price

4/16/2024

Sold

$2,650,000

2/8/2024

Pending

2/7/2024

Pending

Listed by RE/MAX ALLIANCE GROUP
Listing Contact: 941-758-7777 

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