$547,000
$83K PRICE DROP

5107 Coral Reef Way Bradenton, FL 34211

Estimated payment $4,090/month

Total Views 7,069
4 Beds
3 Baths
2,016 Sq Ft
$271 Price per Sq Ft

Highlights

  • Access To Lake
  • Fitness Center
  • Open Floorplan
  • B.D. Gullett Elementary School Rated A-
  • Lake View
  • Clubhouse

About This Home

Want to feel like you are on vacation all year long? This home has everything you need to live the lap of luxury without compromise in the prestigious Lorraine Lakes community, perfectly blending resort style amenities, convenience and value — now offered at an exceptional price!!! This nearly new (2022) home features 4 bedrooms, 3 full baths, 2016 sf! This is one of the most popular floor plans boasting open-concept living with stylish finishes and upgraded fixtures throughout, light and bright interiors designed for comfortable, turnkey living. Take advantage of this awesome oversized corner lot with ample room for the kiddos or 4 legged friends! Located in one of the nation’s top-selling master-planned communities, you’ll enjoy resort-style amenities with an expansive clubhouse with social room and catering kitchen, Lifestyle director that curates resident events, holiday parties, fitness classes, book clubs, and more. Resort-style pool with spa, cabanas, Poolside Bar and Restaurant, Splash park and kids’ splash zone for family fun, State-of-the-art fitness center and aerobics studio, complete with sauna, Indoor and outdoor basketball courts for pickup games or organized events, Outdoor tennis and pickleball courts, putting green, plus a sand volleyball court and bocce ball court. Enjoy everything that Lakewood Ranch has to offer with top-rated schools, premiere dining, shopping and nature trails! Just minutes from Main St, Waterside, UTC Mall and some of the most stunning beaches you can imagine! Built to the most updated hurricane standards and includes shutters for peace of mind! Whether you're seeking a primary residence, second home, or investment property, this home delivers unbeatable value in a sought-after neighborhood. Don’t miss this rare opportunity — contact us today for your private tour and experience the best of Lorraine Lakes living!

Listing Agent

Melissa Killion

KELLER WILLIAMS ON THE WATER S Brokerage Phone: 941-803-7522 License #3477241 Listed on: 01/16/2025

KELLER WILLIAMS ON THE WATER S

Co-Listing Agent

Laura Rode

KELLER WILLIAMS ON THE WATER S Brokerage Phone: 941-803-7522 License #3307175

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,821

Year Built

  • Built in 2022

Lot Details

  • 0.25 Acre Lot
  • Southeast Facing Home
  • Fenced
  • Mature Landscaping
  • Landscaped with Trees
  • Property is zoned PD-R

HOA Fees

  • $409 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Slab Foundation
  • Tile Roof
  • Concrete Roof

Interior Spaces

  • 2,016 Sq Ft Home
  • Open Floorplan
  • Crown Molding
  • High Ceiling
  • Ceiling Fan
  • Combination Dining and Living Room
  • Lake Views
  • Home Security System

Kitchen

  • Range
  • Microwave
  • Stone Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 3 Full Bathrooms
  • Shower Only

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Access To Lake
  • Enclosed patio or porch

Schools

  • Gullett Elementary School
  • Dr Mona Jain Middle School
  • Lakewood Ranch High School

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Tankless Water Heater

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, internet, maintenance structure, ground maintenance
  • Annie Marlow Association, Phone Number (904) 580-4685
  • Built by Lennar
  • Lorraine Lakes Ph I Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Pickleball Courts
  • Racquetball
  • Fitness Center
  • Community Pool
  • Community Spa

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,821

Year Built

Built in 2022

Lot Details

0

HOA Fees

$409 per month

Parking

2

Listing Details

  • HOA Fee Includes: Cable TV, Internet, Maintenance Structure, Maintenance Grounds
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Other
  • Fireplace: No
  • Living Area: 2016
  • Lot Size Acres: 0.25
  • New Construction: No
  • Year Built: 2022
  • Building Area Total: 2624
  • Lot Size Sq Ft: 10846
  • Directions to Property: Follow FL-70 E to Lorraine Rd, Turn left onto FL-70 E, Slight right to stay on FL-70 E, Continue on Lorraine Rd. Take Rangeland Pkwy and Islandwalk Ave to Coral Reef Wy, Turn left onto Lorraine Rd, Turn right onto Rangeland Pkwy, Turn left onto Coral Reef Wy, Turn right onto Islandwalk Ave, Turn left onto Coral Reef Wy, Destination will be on the left
  • Status: Active
  • Co List Office Mls Id: MFR281521326
  • Co List Office Phone: 941-803-7522
  • Ownership: Fee Simple
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 1044707
  • Minimum Lease: 1 Month
  • Number Of Pets: 3
  • RATIO Current Price By Calculate: 271.33
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number YN: 0
  • Water Access YN: 1
  • MFR_InLawSuiteYN: 0
  • Attribution Contact: 941-803-7522
  • Tax Year: 2024
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile
  • Full Bathrooms: 3
  • Interior Amenities: Ceiling Fans(s), Crown Molding, High Ceilings, Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Solid Surface Counters, Stone Counters, Thermostat, Walk-In Closet(s)
  • Appliances Included: Dryer, Microwave, Range, Refrigerator, Tankless Water Heater, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: One
  • Street Number Modifier: 5107
  • Living Area Meters: 187.29
  • Room Count: 8

Exterior Features

  • Direction Faces: Southeast
  • Exterior Features: Sidewalk
  • Roof: Concrete, Tile
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Enclosed, Porch, Screened
  • Road Surface Type: Asphalt
  • Water Access: Lake
  • Water Extras YN: 0
  • Water View: Lake
  • Water View YN: 1
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2014-03-17
  • Flood Zone Panel: 12081C0334E

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Driveway

Utilities

  • Utilities: Electricity Available
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Clubhouse, Fitness Center, Pool, Racquetball, Sidewalks, Tennis Court(s)
  • Association Amenities: Basketball Court, Clubhouse, Fitness Center, Pickleball Court(s), Pool, Racquetball, Spa/Hot Tub, Tennis Court(s)
  • Association Fee: 1228.35
  • Association Fee Frequency: Quarterly
  • Association Name: Annie Marlow
  • Phone: 904.580.4685
  • Association: Yes
  • Security: Security System
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Pet Restrictions: No pets shall be left unattended, even if the area has been enclosed. Pets shall remain on a non- retractable leash no longer than six (6) feet long while on common property. Domestic birds, cats, or dogs only.
  • Association Fee Requirement: Required
  • Association Email: amarlow@theiconteam.com

Fee Information

  • Total Annual Fees: 4913.40
  • Total Monthly Fees: 409.45
  • Monthly HOA Amount: 409.45

Schools

  • Elementary School: Gullett Elementary
  • High School: Lakewood Ranch High
  • Middle Or Junior School: Dr Mona Jain Middle

Lot Info

  • Zoning: PD-R
  • Parcel Number: 581211509
  • Additional Parcels: No
  • Fencing: Fenced
  • Flood Zone Code: X
  • Homestead YN: 1
  • Lot Size Square Meters: 1008

Green Features

  • Green Verification Count: 0

Building Info

  • Builder Name: Lennar

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Cats OK, Dogs OK, Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Buyer to verify all other leasing restrictions.

Tax Info

  • Tax Annual Amount: 7821
  • Tax Lot: 230
  • Tax Other Annual Assessment Amount: 1756

Multi Family

  • Approval Process: All association information to be verified by the buyer. Application for leasing only.

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $7,996 $451,692 $61,200 $390,492
2023 $7,996 $416,192 $61,200 $354,992
2022 $2,199 $19,970 $19,970 $0
2021 $1,928 $19,970 $19,970 $0
2020 $1,473 $19,970 $19,970 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/13/2025 06/13/25 Price Changed $547,000 -6.5% $271 / Sq Ft
05/19/2025 05/19/25 Price Changed $585,000 -2.5% $290 / Sq Ft
04/08/2025 04/08/25 Price Changed $600,000 -2.4% $298 / Sq Ft
02/11/2025 02/11/25 Price Changed $615,000 -2.4% $305 / Sq Ft
01/16/2025 01/16/25 For Sale $630,000 -- $313 / Sq Ft
Source: Stellar MLS

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $501,500 New Title Company Name
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $451,350 New Conventional
Source: Public Records

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Source: Stellar MLS

MLS Number: A4633928

Stellar MLS

APN: 5812-1150-9