Property Description

OVER $407,000 IN GROSS REVENUE GENERATED IN THE PAST 12 MONTHS WITH FUTURE BOOKINGS ALREADY ON THE CALENDAR!Welcome to Shangri-La, an extraordinary private waterfront resort spanning over 3.6 acres along the scenic Manatee River. Fully furnished, turnkey, and operating as a successful luxury vacation rental, this one-of-a-kind estate presents a rare opportunity to acquire both a trophy waterfront compound and a proven income-producing asset. Recently appraised at $3,100,000, Shangri-La is offered at an exceptional value while generating more than $407,000 in gross revenue over the past 12 months. Having established itself as one of Florida's premier luxury vacation rentals, this remarkable property offers both an unparalleled lifestyle and a proven track record of performance. Offering over 7,100 square feet of air-conditioned space, this remarkable property features 9 bedrooms, 5.5 bathrooms, and accommodations for up to 25 guests spread across the main residence and a private accessory dwelling unit.The outdoor amenities are exceptional. At the heart of the property lies a lagoon-style pool complemented by a custom rock waterfall and spa crafted by the renowned Lucas Lagoons team. Guests enjoy a covered waterfront pavilion with fire pit, private dock with jet ski access, a 20' x 40' tiki hut and tiki bar, outdoor kitchen, waterfront gazebo, private pickleball court, kayaks, paddleboards, and expansive grounds overlooking breathtaking Manatee River sunsets. Wraparound porches and a screened lanai provide the perfect place to relax and take in the views. The property offers parking for 30+ vehicles, an RV carport, and ample room for boats and trailers.Inside, the main residence is designed for both entertaining and relaxation. The riverfront primary suite offers stunning water views and a spa-inspired bath. The chef's kitchen is fully equipped for large groups and is complemented by a commercial refrigerator and freezer. Additional amenities include a private steam room, infrared sauna, massage chair, and an ADA-compliant bedroom and full bathroom.Recent improvements include updated pool equipment, newer HVAC systems, new Sealy Hybrid mattresses throughout, and a new 26.5 kW Generac whole-house generator capable of powering the property during outages.Entertainment options abound with a dedicated home theater, expansive game room featuring billiards, shuffleboard, ping pong, poker, and arcade games, a private fitness room, and a recently added illuminated dance floor.The private accessory dwelling unit contains two of the property's nine bedrooms along with a full bathroom and kitchenette, providing additional privacy and flexibility.Included in the sale are approximately 25 tables, more than 100 chairs, approximately 15 kayaks and paddleboards with life jackets, gym equipment, a mower, a 36-foot enclosed cargo trailer, an estimated $50,000 in tools, maintenance equipment and replacement parts, plus a 2018 Forest River three-stall restroom trailer valued at approximately $60,000.Conveniently located just minutes from Lakewood Ranch, IMG Academy, the Premier Sports Campus, and I-75, the property offers easy access to Tampa, St. Petersburg, Sarasota, and Florida's renowned Gulf Coast beaches.Whether you're seeking a luxury waterfront retreat or a high-performing short-term rental investment with an established track record, Shangri-La represents a truly rare opportunity on Florida's Gulf Coast.

Property Features