tomo logo

$16,500,000

Beds
8
Baths
10.0
sq ft
8,402

8413 9th Ave NW, Bradenton, FL 34209

8413 9th Ave NW

BRADENTON, FL 34209

  • 39 days on market
Welcome to Jubilee Estate, a luxurious waterfront sanctuary unlike any other. Ideally positioned on 11.2 pristine acres along the shores of Palma Sola Bay, this extraordinary 11.2 -acre estate, currently operating as a boutique hotel and wedding venue, boasts an impressive 8,400 SF main residence with 655 feet of pristine bay frontage. Featuring eight bedrooms, each with a private bath, along with two guest cottages, the estate comfortably accommodates up to 20 guests. Designed by renowned architect Jerry Sparkman of Sweet Sparkman Architecture & Interiors, Jubilee showcases exquisite design and amenities that cater to the most discerning tastes. The estate features a resort-style infinity pool with lounge seating, perfect for relaxation and entertainment. The gourmet kitchen, complete with a food prep area and scullery, is a chef's dream, ideal for both family meals and large-scale events. The primary bedroom suite is a true retreat, boasting a reading room, walk-in dressing room, and a private balcony that offers stunning views of the surrounding landscape. Superb craftsmanship is reflected in the hand-honed beamed ceilings, and hand-selected natural materials such as bluestone flooring, soapstone, and marble counters add to the estate's luxurious feel while creating a harmonious blend of natural beauty and modern elegance. Every detail of Jubilee has been meticulously crafted to ensure the highest standards of quality and aesthetics, from the custom finishes to the thoughtfully designed spaces. The property's design maximizes its breathtaking views of Palma Sola Bay, creating an unparalleled living experience that celebrates the beauty of its natural setting. Jubilee presents a once-in-a-lifetime opportunity to own a unique piece of paradise for sportsmen and car collectors. Whether envisioned as a private residence, a continuation of its current use as a boutique hotel, or an exclusive event venue, this property offers limitless potential for those who appreciate the perfect blend of natural beauty and refined luxury. Here, every day feels like a vacation in your own private resort.

Details

Property type

Single Family Residence

Est. home value

$4,117,398

Lot size

11.2 acres

Price per sq ft

$1,964

Year built

2017

Annual property taxes

$31,423.89

HOA

No

Price History

11/15/2024
StellarMLS

StellarMLS #A4628732

Listed
$16,500,000
+725%
12/30/2014
StellarMLS

StellarMLS #M5840501

Sold
$2,000,000

Schools & Community

Elementary school: 

Ida M. Stewart Elementary

Middle school: 

Martha B. King Middle

High school: 

Manatee High

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$12,725,643
Asking price
$16,500,000
Closing costs (~8% of asking)
-$1,320,000
Est. remaining loan balance
-$2,454,357
Cash to seller
$12,725,643

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Branch Banking And Trust Co

Loan start date

June 2016

Original loan amount

$3,000,000

Est. remaining balance

$2,454,357

Interest rate

3.61%

Loan type

New Conventional, 30 year

Seller

Ryan Duncan and Amber Duncan

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 12/23/2024 at 9:35 PM

Listing updated: 12/14/2024 at 1:09 PM

Listed by: Janet Walter, MICHAEL SAUNDERS & COMPANY Phone #: (941) 383-7591

MLS: StellarMLS #A4628732

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