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For sale
  • $725,000

    5132 Coral Reef Way, Bradenton, FL 34211

    4beds
    2,016sqft
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    Single Family Residence
    Built in 2022
    9,021 Square Feet Lot
    $694,600 Zestimate®
    $360/sqft
    $193/mo HOA

    What's special

    Modern finishesLarge center islandPeaceful lake viewsThree additional bedroomsEn-suite bathroomTwo full guest bathroomsSplit-bedroom layout
    Don't miss this exceptional four-bedroom, three-bathroom pool home located within the highly sought-after Lorraine Lakes community in Lakewood Ranch. Offering the perfect blend of luxury living and investment potential, this property presents a rare opportunity to own a beautifully appointed home with immediate rental income already in place. The thoughtfully designed floor plan features spacious open-concept living areas, abundant natural light, and a seamless flow between the living room, dining area, and gourmet kitchen. Complete with modern finishes, ample cabinetry, and a large center island, the kitchen serves as the heart of the home and is ideal for both everyday living and entertaining. The split-bedroom layout provides privacy and functionality, while the spacious primary suite offers a relaxing retreat with an en-suite bathroom and generous walk-in closet. Three additional bedrooms and two full guest bathrooms provide ample space for family, guests, or tenants. Step outside to your private backyard oasis, where a sparkling screened pool overlooks peaceful lake views. Whether enjoying a morning coffee on the lanai or unwinding after a long day, the outdoor living space captures the very best of the Florida lifestyle. Located within the gated, resort-style community of Lorraine Lakes, residents enjoy access to an impressive array of amenities, including a clubhouse, resort pool, fitness center, tennis courts, pickleball courts, walking trails, and more. Conveniently situated near shopping, dining, top-rated schools, medical facilities, golf courses, and the Gulf Coast's beautiful beaches, this location continues to attract homeowners and tenants alike. The property is currently tenant occupied through March 2027, providing immediate rental income and a turnkey investment opportunity in one of the nation's top-selling master-planned communities. Whether you're looking to expand your investment portfolio, or secure a future primary residence while generating income in the meantime, this home offers both strong rental appeal and long-term value. Don't miss your opportunity to own this stunning lakefront pool home in one of Lakewood Ranch's premier communities.
    40 days
    |
    290
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    14
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    Zillow last checked:

    Listing updated:

    Listed by:

    Colbey Amspaugh 941-545-2791,

    COLBEY AMSPAUGH LICENSED REAL ESTATE BROKER 941-545-2791

    Source: Stellar MLS,MLS#: A4696856MLS LogoOriginating MLS: Sarasota - Manatee

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 3
      • Full bathrooms: 3
      Rooms
      • Room types: Utility Room
      Primary bedroom
      • Features: Walk-In Closet(s)
      • Level: First
      • Area: 300 Square Feet
      • Dimensions: 15x20
      Bedroom 2
      • Features: Built-in Closet
      • Level: First
      • Area: 120 Square Feet
      • Dimensions: 10x12
      Bathroom 3
      • Features: Built-in Closet
      • Level: First
      • Area: 100 Square Feet
      • Dimensions: 10x10
      Kitchen
      • Features: Kitchen Island
      • Level: First
      Living room
      • Level: First
      • Area: 252 Square Feet
      • Dimensions: 14x18
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
      • Laundry: Inside, Laundry Room
      Features
      • Living Room/Dining Room Combo, Open Floorplan, Solid Wood Cabinets, Split Bedroom, Stone Counters, Thermostat, Walk-In Closet(s)
      • Flooring: Carpet, Ceramic Tile
      • Windows: Blinds, Hurricane Shutters
      • Has fireplace: No
      • Common walls with other units/homes: Corner Unit
      Interior area
      • Total structure area: 2,624
      • Total interior livable area: 2,016 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 2
      • Parking features: Driveway, Garage Door Opener
      • Attached garage spaces: 2
      • Has uncovered spaces: Yes
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Covered, Front Porch, Patio, Screened
      • Exterior features: Lighting, Rain Gutters, Sidewalk
      • Has private pool: Yes
      • Pool features: Gunite, In Ground, Screen Enclosure
      • Has spa: Yes
      • Spa features: Heated, In Ground
      • Has view: Yes
      • View description: Water, Pond
      • Has water view: Yes
      • Water view: Water,Pond
      Lot
      • Size: 9,021 Square Feet
      • Features: In County, Landscaped, Sidewalk
      • Residential vegetation: Trees/Landscaped
      Details
      • Parcel number: 581210509
      • Zoning: PD-R
      • Special conditions: None

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Block, Stucco, Vinyl Siding
      • Foundation: Slab
      • Roof: Tile
      Condition
      • Completed
      • New construction: No
      • Year built: 2022

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

      Community & HOA

      Community
      • Features: Buyer Approval Required, Clubhouse, Community Mailbox, Deed Restrictions, Fitness Center, Gated Community - Guard, Irrigation-Reclaimed Water, Playground, Pool, Restaurant, Sidewalks, Tennis Court(s)
      • Security: Gated Community, Smoke Detector(s)
      • Pet fee: $0 monthly
      • Subdivision: LORRAINE LAKES PH I
      HOA
      • Has HOA: Yes
      • Services included: Community Pool, Maintenance Grounds, Manager, Pool Maintenance
      • HOA fee: $193 monthly
      • HOA name: Icon Management / Annie Marlow
      • HOA phone: 941-777-7150
      Location
      • Region: Bradenton

      Financial & listing details

      • Price per square foot: $360/sqft
      • Tax assessed value: $475,745
      • Annual tax amount: $8,715
      • Date on market: 6/11/2026
      • Cumulative days on market: 15 days
      • Listing terms: Cash,Conventional
      • Ownership: Fee Simple
      • Total actual rent: 45600
      • Electric utility on property: Yes
      • Road surface type: Paved, Asphalt

        Estimated market value

        $694,600

        $660,000 - $729,000

        $5,160/mo

        Price history

        DateEventPrice
        6/11/2026Listed for sale$725,000+17.6%$360/sqft
        Source: Stellar MLS #A4696856 Report a problem
        2/12/2025Listing removed$3,800$2/sqft
        Source: Stellar MLS #A4637150 Report a problem
        1/27/2025Price change$3,800+8.6%$2/sqft
        Source: Stellar MLS #A4637150 Report a problem
        1/22/2025Listed for rent$3,500-25.5%$2/sqft
        Source: Stellar MLS #A4637150 Report a problem
        2/17/2023Listing removed--
        Source: Zillow Rentals #A4558249 Report a problem
        2/13/2023Price change$4,700-1.1%$2/sqft
        Source: Zillow Rentals #A4558249 Report a problem
        1/23/2023Listed for rent$4,750$2/sqft
        Source: Zillow Rentals #A4558249 Report a problem
        12/5/2022Sold$616,500$306/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$8,715 -4%$475,745 -5%
        2024$9,074 +6.4%$500,865 +10.6%
        2023$8,531 +323%$452,905 +2167.9%
        2022$2,017 +0.4%$19,970
        2021$2,008 +36.4%$19,970
        2020$1,473 $19,970
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 34211

        Getting around

        0 / 100
        Car-Dependent
        0 / 100
        No Nearby Transit
        27 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Freedom Elementary
        • Middle: Dr Mona Jain Middle
        • High: Lakewood Ranch High

        Source: Stellar MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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