OVER $487,000+ IN GROSS RENT FOR 2023!!! UNREAL RENTAL RETURN ON INVESTMENT! NOI still has this property above a 10 CAP!!! 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!
