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Overview

4 bd3 ba2,016 sqft2 car garageSingle Family
TypeSingle Family
HOA$454.75/qtr
Built2022
Lot9,021 sqft
Living area2,016 sqft
Price / sqft$335
Garage2 car

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Pricing, comps, HOA, the neighborhood. Answers before you fill out anything.

About this home

Living Room/Dining Room ComboOpen FloorplanSolid Wood CabinetsSplit BedroomStone CountersThermostatWalk-in Closet(s)Hurricane Shutters

5132 Coral Reef Way is a 2022-built home in Lorraine Lakes Ph I, Bradenton. Inside you'll find 4 bedrooms, 3 bathrooms, and 2,016 square feet of living space. Listed at $675,000 (about $335/sqft), 130 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable. HOA runs $454.75 quarterly.

From the listing

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.

The essentials

Built
2022
Price / sqft
$335
On market
130 days
Annual tax
$8,715
HOA
$454.75/qtr
Flood zone
X · Low risk
Lot
9,021 sqft
Type
Single Family Residence

At a glance

Single family
Built 2022
Water views
Water
Private pool
Gunite
2 car garage
Driveway
9,021 sqft lot
Lot size

Payment

Est. monthly payment
$4,736/mo
Down payment (20%)
$135,000
Property taxes
$726/mo
HOA
$454.75/qtr
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Single Family Residence
Year Built
2022
Lot
9,021 sqft
Cooling
Central Air
Heating
Central
Parking
Driveway, Garage Door Opener
Pool
Gunite, In Ground, Screen Enclosure
Days on Market
130
Living Room/Dining Room Combo
Open Floorplan
Solid Wood Cabinets
Split Bedroom
Stone Counters
Thermostat
Walk-in Closet(s)
Hurricane Shutters
Lighting
Rain Gutters
Sidewalk
Buyer Approval Required
Clubhouse
Community Mailbox
Deed Restrictions
Fitness Center
Gated Community - Guard
Irrigation-reclaimed Water
Playground
Pool
Restaurant
Sidewalks
Tennis Court(s)
Dishwasher
Dryer
Microwave
Range
Refrigerator
Washer
Elementary
Freedom Elementary
Middle
Dr Mona Jain Middle
High
Lakewood Ranch High

Districts can re-zone, so verify directly with the district before relying on these.

In a CDD (Community Development District) Flood Zone X
Annual Tax (2025)
$8,715
Parcel #
581210509

Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.

Subdivision
Lorraine Lakes Ph I
County
Manatee
MLS Area
34211 - Bradenton/Lakewood Ranch Area
Lot Size
9,021 sqft
In CountyLandscapedSidewalkPaved
HOA
$454.75/qtr
Icon Management / Annie Marlow

Price history

Date
Event
Price
8/25/2026
Price change
Source: Stellar MLS #A4696856
$675,000-6.9%
$335/sqft
6/4/2026
Listed for sale
Source: Stellar MLS #A4696856
$725,000
$360/sqft

Neighborhood

5132 Coral Reef Way
Bradenton, FL, 34211 · 34211 - Bradenton/Lakewood Ranch Area

Market insights

Offer Insights

Choose an offer strength

List price: $675,000
$665,000 – $675,000
98.8% – 100% of listTops out right at the list price
80% of listList price
208 of the last 415 home closings in 34211 landed at this number or higher (50%). The median one sat 29 days before it went under contract, and this one is on day 130 after a $50,000 cut.

Sample: 415 closed home sales in 34211 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

Talk through an offer with our team

Calculator

Est. monthly payment
$4,736/mo
Principal & interest$3,520
Property taxes$726
Insurance$338
HOA$152
Down payment20% · $135,000
Interest rate6.80%
Loan term

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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 includes any condo dues 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

$675,000

$335 per sq ft

Beds and baths

4 beds, 3 baths

Size

2,016 sq ft

Time on market

130 days

Year built

2022

Monthly payment

About $4,736/mo

That is 20% down on a 30-year fixed at 6.8%, plus the home's $8,715 annual tax bill, insurance, and the $454.75/qtr HOA fee.

HOA fee

$454.75/qtr

Managed by Icon Management / Annie Marlow.

Flood zone

Zone X

That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.

Offer

What should I offer?

Have another question?

Brokered byCOLBEY AMSPAUGH LICENSED REAL ESTATE BROKERListing agent: Colbey AmspaughListing data from Stellar MLS, MLS# A4696856.

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