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About this home
5317 Coral Reef Way is a 2022-built home in Lorraine Lakes Ph Iia, Bradenton. Inside you'll find 3 bedrooms, 3 bathrooms, and 2,016 square feet of living space. Listed at $473,000 (about $235/sqft), 589 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable. HOA runs $1,309.75 quarterly.
PRICED TO SELL,BRING ALL REASONABLE OFFERS!!Nestled in the inviting Lorraine Lakes, this stunning newly painted three-bedroom, three-bath home is designed for both elegance and comfort. The open floor plan seamlessly integrates the living and dining areas, creating a spacious atmosphere perfect for gatherings. You'll find beautiful tile flooring in the main living areas, providing a chic and low-maintenance space, while the bedrooms feature cozy laminate flooring for extra warmth and style. The kitchen is a true highlight, equipped with an upgraded appliance package that includes a dual icemaker, ensuring you’ll always be ready for entertaining. Additionally, the home is fitted with a GENERAC GENERATOR, providing peace of mind and reliability in any situation. Each detail of this home speaks to quality and convenience, making it an ideal retreat for modern living.Lorraine Lakes is one of the area's best communities with an abundance of amenities for everyone which include;beautiful community pool, parks, water park, tennis,pickle ball, arcade,24 hr fitness,indoor and outdoor basketball and a gorgeous clubhouse with restaurant!.Lorraine Lakes is nestled within Lakewood Ranch which has been rated the #1 Community in the US for all ages since 2018!
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The essentials
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Details
Districts can re-zone, so verify directly with the district before relying on these.
Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.
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Neighborhood
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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. HOA is the fee reported on the listing. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.
Quick answers.
Price
$473,000
$235 per sq ft
Beds and baths
3 beds, 3 baths
Size
2,016 sq ft
Time on market
589 days
Year built
2022
Monthly payment
About $3,765/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $7,494 annual tax bill, insurance, and the $1,309.75/qtr HOA fee.
HOA fee
$1,309.75/qtr
Managed by Ann Marlow.
Flood zone
Zone X
That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.
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