Active

7309 5TH AVENUE NW

BRADENTON FL, 34209

$2,949,999


$544.88 per sqft

Active

8 Beds

5 Baths

5,414 sqft

Multi-family

Built in 1987

OVER $425,000 IN GROSS RENT DURING THE LAST 12 MONTHS!!! UNREAL RENTAL RETURN ON INVESTMENT! 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!!! 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 the 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 the 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 ceilings, solid quartz countertops with a waterfall island, two designer pendants, and a 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. It is an entertainer’s dream, to 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, a full kitchen, a full bathroom, and a 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 ambiance 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!

A4566096

MLS ID

April 3, 2023

Listed

November 27, 2023

Updated

Map

7309 5TH AVENUE NW
BRADENTON FL, 34209

Interior Features

Bedrooms

8 Beds


Bathrooms

5 Baths


Interior Features

Ceiling Fans(s), Eat-in Kitchen, Living Room/Dining Room Combo, Master 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

No


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, Covered, Patio, Rear Porch, Guest House


Lot Features

In County, Oversized Lot


Roof

Shingle


Sewer

Public Sewer

Other Property Details

Taxes

$7,683


Tax Frequency

Annually


Days on Market

165


Garage

Yes


Garage Spaces

4


Parking

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


View

Yes


View Description

Pool


County

Manatee


Water Source

Public


Pool

Yes


Pool Features

Heated, In Ground, Lighting, Salt Water


Buyer Agency Compensation

2.75%

Listing History

Date

Event

Price

11/27/2023

Active

11/10/2023

Pending

9/18/2023

Active

9/7/2023

Pending

6/23/2023

Active

6/5/2023

Pending

Courtesy of RE/MAX ALLIANCE GROUP
Listing Contact: 941-758-7777 

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Data last updated 11/27/2023, 4:15 PM UTC

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