Active

$1,650,000

Features:
  • 9 Bedrooms
  • 5 Bathrooms
  • 5134 sq ft
Overview
  • ID: MFRA4680689
  • Bedrooms: 9
  • Bathrooms: 5
  • Size: 5134 sq ft
Property Details
Remarks
Exceptional Income-Producing Estate & Multi-Generational Compound in NW Bradenton This remarkable property offers a rare opportunity to own a high-performing income property and/or expansive multi-generational retreat in Northwest Bradenton. Designed to accommodate up to 26 guests, the estate features two separate residences connected by a screened-in, heated pool and outdoor entertainment area, creating an ideal setup for large families, group rentals, corporate retreats, and sports teams attending IMG Academy. The Main Home boasts 6 bedrooms, 3 full bathrooms, and a spacious chef’s kitchen ideal for entertaining. The Guest Home includes 3 bedrooms, 2 full bathrooms, and a second full kitchen, offering flexibility, privacy, and excellent rental potential. Ideally located just minutes from Anna Maria Island’s world-class beaches, IMG Academy, and Sarasota-Bradenton International Airport (SRQ), the property delivers strong year-round rental demand at a significantly lower price point than island properties. The area consistently attracts vacationers, athletes, and families from across the country and around the world. Importantly, the home sits at an elevated 14+ feet, has a metal roof and was unaffected by recent hurricanes, including Helene and Milton—providing added peace of mind, durability, and long-term value. Additional highlights include: • 4 garage spaces + 12 driveway parking spaces • Room for a boat or RV • No HOA or deed restrictions • Nearby public boat ramps for convenient water access Prior Contract Note: The property was previously under contract; however, buyer couldn’t perform - financing fell through. Proven Rental Performance: • 2023 Revenue: $94,980 (Purchased 4/27/23; rentals began 6/30/23) • 2024 Revenue: $204,879 ($255,478 booked pre-storm) • 2025 Revenue: $202,987 This is a rare opportunity to acquire a versatile, high-capacity, and resilient property with documented income and exceptional flexibility.
Financial Considerations
Price:
$1,650,000
HOA Fee:
N/A
Tax Amount:
$16305.77
Price per SqFt:
$321.39
Tax Legal Description:
LOTS 29 & 30 SHAWS POINT PI#29992.0005/9
Exterior Features
Lot Size:
31590
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Metal
Pool:
Yes
Pool Features:
Gunite, Heated, In Ground, Lighting, Screen Enclosure
Interior Features
Bedrooms:
9
Bathrooms:
5
Heating:
Electric
Cooling:
Central Air
Appliances:
Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Washer
Furnished:
Yes
Floor:
Ceramic Tile
Levels:
One
Additional Features
Property Sub Type:
Single Family Residence
Style:
N/A
Year Built:
1968
Construction Type:
Concrete, Stucco, Frame
Garage Spaces:
Yes
Covered Spaces:
N/A
Direction Faces:
Southeast
Pets Allowed:
No
Special Condition:
None
Additional Features:
Fire Pit, French Doors, Garden, Hurricane Shutters, Outdoor Grill, Private Entrance, Private Yard
Additional Features 2:
N/A
Map
  • Address
    7202 18TH AVE NW
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