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5132 Coral Reef Way, Bradenton, FL

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$725,000

($360/sqft)

List Status: Active
5132 Coral Reef Way
Bradenton, FL 34211


4 beds
3 baths
2016 living sqft
Top Features
  • View: Water
  • Subdivision: Lorraine Lakes Ph I
  • Built in  2022
  • Single Family Residence
Description
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
Property Details
Property Features
Property Sub Type
Single Family Residence
View
Water
Parking
Driveway, Garage Door Opener
Pool
Screen Enclosure, Gunite, In Ground
County
Manatee
Subdivision
LORRAINE LAKES PH I
Additional Information
Additional Lease Restrictions
Contact HOA for all leasing restrictions
Additional Parcels YN
false
Additional Rooms
Inside Utility
Alternate Key Folio Num
581210509
Amenities Additional Fees
$500 annual restaurant minimum
Appliances
Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
Approval Process
Contact HOA for approval process
Association Approval Required YN
1
Association Email
amarlow2theiconteam.com
Association Fee
454.75
Association Fee Frequency
Quarterly
Association Fee Includes
Pool, Maintenance Grounds, Management
Association Fee Requirement
Required
Association URL
www.lorrainelakeshoa.com
Association YN
true
Attached Garage YN
true
Available For Lease YN
1
Bathrooms Total Integer
3
Building Area Source
Public Records
Building Area Total
2624
Building Area Total Srch SqM
243.78
Building Area Units
Square Feet
CDDYN
1
Calculated List Price By Calculated SqFt
359.62
Carport YN
false
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)
Construction Materials
Block, Stucco, Vinyl Siding
Cooling
Central Air
Country
US
Cumulative Days On Market
1
Currency Monthly Rent Amount
3800.00
Current Price
725000.00
Direction Faces
Southwest
Elementary School
Freedom Elementary
End Date of Lease
2027-03-15
Exist Lease Tenant YN
1
Exterior Features
Hurricane Shutters, Lighting, Rain Gutters, Sidewalk
Fireplace YN
false
Flood Zone Code
X
Flood Zone Date
2014-03-17
Flood Zone Panel
12081C0334E
Flooring
Carpet, Ceramic Tile
Foundation Details
Slab
Furnished
Unfurnished
Garage Spaces
2
Garage YN
true
Heating
Central
High School
Lakewood Ranch High
Home Warranty YN
false
Interior Features
Living Room/Dining Room Combo, Open Floorplan, Solid Wood Cabinets, Split Bedroom, Stone Counters, Thermostat, Walk-In Closet(s)
Internet Address Display YN
true
Internet Automated Valuation Display YN
true
Internet Consumer Comment YN
true
Internet Entire Listing Display YN
true
Laundry Features
Inside, Laundry Room
Lease Restrictions YN
1
Levels
One
List AOR
Sarasota - Manatee
Living Area Meters
187.29
Living Area Source
Public Records
Living Area Units
Square Feet
Lot Features
In County, Landscaped, Sidewalk, Paved
Lot Size Acres
0.21
Lot Size Square Feet
9021
Lot Size Square Meters
838
Management
Full Time
Middle Or Junior School
Dr Mona Jain Middle
Minimum Lease
1 Month
Modification Timestamp
2026-06-12T10:53:20.001Z
Monthly HOA Amount
151.58
New Construction YN
false
Occupant Type
Tenant
Other Fees Amount
500
Other Fees Term
Annual
Ownership
Fee Simple
Parcel Number
581210509
Patio And Porch Features
Covered, Front Porch, Patio, Screened
Pets Allowed
Yes
Pool Private YN
true
Postal Code Plus 4
1438
Property Condition
Completed
Property Description
Corner Unit
Public Survey Range
19
Public Survey Section
11
RATIO Current Price By Calculated SqFt
359.62
Realtor Info
As-Is, Assoc approval required, Currently Leased, Docs Available
Road Surface Type
Asphalt, Paved
Roof
Tile
Room Count
5
SW Subdiv Community Name
Not Applicable
Security Features
Gated Community, Smoke Detector(s)
Senior Community YN
false
Sewer
Public Sewer
Showing Requirements
24 Hour Notice, Appointment Only, Call Listing Agent, Gate Code Required, ShowingTime
Spa Features
Heated, In Ground
Spa YN
true
Status Change Timestamp
2026-06-11T21:58:05.000Z
Stories Total
1
Tax Annual Amount
8715
Tax Legal Description
LOT 210, LORRAINE LAKES PH I PI #5812.1050/9
Tax Lot
210
Tax Other Annual Assessment Amount
1747
Tax Year
2025
Total Acreage
0 to less than 1/4
Total Annual Fees
2319.00
Total Monthly Fees
193.25
Township
35
Universal Property Id
US-12081-N-581210509-R-N
Unparsed Address
5132 CORAL REEF WAY
Utilities
Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Vegetation
Trees/Landscaped
Water Source
Public
Water View
Pond
Water View YN
1
Waterfront YN
false
Window Features
Blinds
Zoning
PD-R
Neighborhood Map
Popup

Property Photos
Listing Photo
Listing Photo

MLS #MFRA4696856 Listing courtesy of Colbey Amspaugh Licensed Real Estate Broker provided by Stellar MLS.

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All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independent verified. Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. The source of the listing data is as follows: Stellar MLS (updated 6/12/26 10:08 AM) |

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