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Sold for $510,000
  • $510,000

    5209 CORAL REEF WAY, LAKEWOOD RANCH, FL 34211

    4beds
    2,032sqft
    Single Family Residence
    Built in 2023
    8,005 Square Feet Lot
    $492,500 Zestimate®
    $251/sqft
    $4,450 Estimated rent

    Home value

    $492,500

    $463,000 - $522,000

    $4,450/mo

    Zestimate® history
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    $3,744/mo

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    What's special

    Sarasota polo clubSugar sand beachesOpen designNature preservesTons of local shops
    Under Construction. Under construction. This single-story home offers versatile living, with an open design among the dining room, kitchen and family room, which lead to a covered lanai for outdoor experiences. Surrounding the space are all four bedrooms, including the lavish owner’s suite with two walk-in closets. Lorraine Lakes is a gated masterplan community in Lakewood Ranch, FL. The community is surrounded by thousands of acres of lakes, parks and nature preserves, 150 miles of trails, the Sarasota Polo Club and tons of local shops and eateries for residents to enjoy. Sarasota and its sugar sand beaches are minutes away. Estimated completion date is October/November 2023.

    Zillow last checked:

    Listing updated:

    Listed by:

    David Meyers 239-229-0792,

    LENNAR REALTY INC 239-208-6417

    Bought with:

    Scott Nold

    TNG REAL ESTATE

    Source: Stellar MLS,MLS#: T3430453MLS LogoOriginating MLS: Tampa

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 3
    Primary bedroom
    • Level: First
    • Dimensions: 14x15
    Dining room
    • Level: First
    • Dimensions: 19x13
    Kitchen
    • Level: First
    Living room
    • Level: First
    • Dimensions: 18x12
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Freezer, Microwave, Range, Refrigerator, Washer
    Features
    • Living Room/Dining Room Combo, Open Floorplan, Split Bedroom, Walk-In Closet(s)
    • Flooring: Ceramic Tile
    • Has fireplace: No
    Interior area
    • Total structure area: 2,630
    • Total interior livable area: 2,032 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage - Attached
    • Attached garage spaces: 2
    Features
    • Levels: One
    • Stories: 1
    • Exterior features: Lighting, Sidewalk
    Lot
    • Size: 8,005 Square Feet
    Details
    • Parcel number: 581251559
    • Zoning: RESI
    • Special conditions: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Concrete
    • Foundation: Concrete Perimeter
    • Roof: Tile
    Condition
    • Under Construction
    • New construction: Yes
    • Year built: 2023
    Details
    • Builder model: Venice
    • Builder name: Lennar

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: BB/HS Internet Available, Cable Available, Electricity Available, Public, Street Lights, Underground Utilities, Water Available

    Community & HOA

    Community
    • Pet fee: $0 monthly
    • Subdivision: LAKEWOOD RANCH
    HOA
    • Has HOA: Yes
    • Services included: Cable TV, Internet, Maintenance Grounds
    • HOA fee: $359 monthly
    • HOA name: Lorraine Lakes
    Location
    • Region: Bradenton

    Financial & listing details

    • Price per square foot: $251/sqft
    • Tax assessed value: $432,122
    • Annual tax amount: $4,744
    • Date on market: 2/23/2023
    • Cumulative days on market: 15 days
    • Listing terms: Cash,Conventional
    • Ownership: Fee Simple
    • Total actual rent: 0
    • Electric utility on property: Yes
    • Road surface type: Paved

    Price history

    DateEventPrice
    8/21/2023Sold$510,000-2%$251/sqft
    Source: Stellar MLS #T3430453 Report a problem
    3/10/2023Pending sale$520,397$256/sqft
    Source: Stellar MLS #T3430453 Report a problem
    2/14/2023Price change$520,397+1%$256/sqft
    Source: Lennar Homes Report a problem
    2/10/2023Listed for sale$515,397$254/sqft
    Source: Lennar Homes Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,744 +2.2%$234,596 +2.9%
    2024$4,640 +119.7%$227,984 +1803.5%
    2023$2,112 $11,977
    Find assessor info on the county website

    Neighborhood: 34211

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $492,500
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $492,500