Residential Property - Single Family Residence in Bradenton
SOLD for $2,650,000 on April 15, 2024
Listing Price: $2,950,000Sold Price: $2,650,000Sold Price/List Price: 90%
Sold Price/Original List Price: 92.17%Cumulative Days on Market: 518
Description of Property
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!
Property Details At A Glance
Property Type: Residential
Property Use or Sub Type: Single Family Residence
City: Bradenton
County: Manatee
Subdivision: Not Applicable
Bedrooms: 8
Bathrooms: 4
Half Baths: 1
Sq. Ft. Gross: 7,325
Sq. Ft. Living Area: 5,414
Cost per (heated) sqare foot: $545
Year built: 1987
Annual Tax: $7,683
Taxes and fees can change periodically, and other fees may apply. Please check with your Suncoasteam agent for more details.
Interior Features:
- Ceiling Fan(s)
- Eating Space In Kitchen
- Living Room/Dining Room Combo
- PrimaryBedroom Upstairs
- Split Bedroom
- Walk-In Closet(s)
Appliances:
- Dishwasher
- Disposal
- Dryer
- Electric Water Heater
- Range
- Refrigerator
- Washer
Accessibility Features:
Fireplace: Yes
Fireplace Features:
Window Features: Window Treatments
Additional Rooms:
- Den/Library/Office
- Family Room
- Formal Dining Room Separate
- Formal Living Room Separate
- Inside Utility
Ceiling Type:
Flooring: Vinyl
Schools
Elementary School: Palma Sola Elementary
Middle/Junior High School: Martha B. King Middle
High School: Manatee High
Pool & Waterfront Info
Private Pool: Yes
Pool Features:
- Heated
- In Ground
- Lighting
- Salt Water
Spa Features:
Water Frontage:
Water Access: Not specified
Water Access Type:
Water View:
Exterior & Construction
Architectural Style:
Construction: Vinyl Siding, Wood Frame
Foundation: Slab
Roof: Shingle
Exterior Features: Irrigation System, Other
Garage: Yes
Garage Spaces: 4
- Circular Driveway
- Driveway
- Garage Door Opener
- Garage Faces Side
- Guest
Floors Total: 2
Floors in Unit: Two
Cooling: Central Air
Heating & Fuel: Central, Electric
Electric:
Patio & Porch Features:
- Covered
- Patio
- Rear Porch
Security Features:
Other Structures: Guest House
View: Pool
Fencing: Wood
Utilities:
- Cable Connected
- Electricity Connected
- Public
- Sewer Connected
- Sprinkler Meter
- Water Connected
Sewer: Public Sewer
Water Source: Public
Community Features:
Association Amenities:
Lot Information
Lot Features: In County, Oversized Lot
Lot Size (acres): 2.3
Lot Size (sq. ft.): 100,188 square feet
Lot Dimensions: 165 x 640
Front Exposure: North
Adjoining Property:
Current Adjacent Use:
Legal Description & Other Information
Financing Available: Cash, Conventional, Private Financing Available
Parcel Number: 3835300059
Zoning: RSF4.5
Tax Legal Desc.: E1/2 OF E1/2 OF NW1/4 OF SW1/4 OF NE1/4, ALSO EASMT AS DESC IN ORB 687 P 900PRMCF P-16-N PI#38353.0000/9
Listing courtesy of RE/MAX ALLIANCE GROUP. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.