Sell Your Home
Get a free home valuation
Contact
Tell us about your needs

5132 CORAL REEF WAY

House For Sale
$725,000

BTC: 11.41732283

ETH: 428.74039030

New
4 bds
3 ba
2,016 sqft

Overview

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.

Location

Details

Type:
Residential
Parking:
Driveway / Garage Door Opener
Year Built:
2022
Lot:
0.21 Acres
Heating:
Central
Price/sqft:
$360
Cooling:
Central Air
HOA:
$455

Valuation

Our model vs. what's actually selling nearby.
Estimate
$639,450
$453K – $877K
Confidence Low
List vs. estimate
$85K above estimate
List $725,000 · +13.4%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$359
+29.5% vs. city median $277
Based on
48 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$8,715
2025
HOA
$454/qtr
Community Pool, Maintenance Grounds, Manager
Pool
Gunite
View
Water
Garage
2 car garage
Pets
Allowed
All facts and features
  • Flooring

    • Carpet

    • Ceramic Tile

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Dryer

    • Microwave

    • Range

    • Refrigerator

    • Washer

    Other interior features

    • Living Room/Dining Room Combo

    • Open Floorplan

    • Solid Wood Cabinets

    • Split Bedroom

    • Stone Counters

    • Thermostat

    • Walk-In Closet(s)

    Bedrooms and bathrooms

    • Bedrooms: 4

    • Full bathrooms: 3

  • Parking

    • Driveway

    • Garage Door Opener

    Property

    • Levels: One

    • Pool Private: Yes

    • Exterior Features: Hurricane Shutters / Lighting / Rain Gutters / Sidewalk

    Lot

    • Lot: 0.21 Acres

    Other Property Information

    • Parcel Number: 581210509

    • Zoning: PD-R

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • Cable Connected

    • Electricity Connected

    • Natural Gas Connected

    • Sewer Connected

    • Water Connected

  • Other financial information

    • HOA: $455

    • HOA Frequency: Quarterly

    • Annual tax amount: $8,715

  • Source details

    • MLS ID: A4696856

    Other facts

    • Construction Materials: Block / Stucco / Vinyl Siding

    • Foundation Details: Slab

    • Laundry Features: Inside / Laundry Room

    • Lot Features: In County / Landscaped / Sidewalk

    • Patio And Porch Features: Covered / Front Porch / Patio / Screened

    • Pool Features: Gunite / In Ground / Screen Enclosure

    • Window Features: Blinds

    • Direction Faces: Southwest

    • Garage Spaces: 2

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 2016

    • Water Source: Public

    • Subdivision Name: LORRAINE LAKES PH I

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

More like this

For Sale
$699,000
House
3 bds · 2 ba · 1,912 sqft
ESPLANADE PH II, BRADENTON
5007 SERATA DRIVE
New
For Sale
$515,000
House
4 bds · 2 ba · 1,828 sqft
SOLERA AT LAKEWOOD RANCH, BRADENTON
17914 CANOPY PLACE
New
For Sale
$619,000
Condo/Co-op
3 bds · 2 ba · 1,786 sqft
COACH HOMES III AT LAKEWOOD NATIONAL, BRADENTON
17637 GAWTHROP DRIVE UNIT 104
New
For Sale
$829,900
House
2 bds · 2 ba · 1,977 sqft
COUNTRY CLUB EAST AT LAKEWD RNCH QQ1 1, LAKEWOOD RANCH
14325 STIRLING DRIVE
New
For Sale
$760,000
House
5 bds · 5 ba · 3,931 sqft
SERENITY CREEK REP OF TR N, BRADENTON
13065 BLISS LOOP
New
For Sale
$575,000
House
4 bds · 2 ba · 1,921 sqft
SAVANNA AT LAKEWOOD RANCH PH III 3ABD, BRADENTON
3312 BIG SKY WAY
+$2K
For Sale
$519,990
House
4 bds · 2 ba · 2,034 sqft
STAR FARMS AT LAKEWOOD RANCH, LAKEWOOD RANCH
4355 FENCE ROW COURT
New
For Sale
$750,000
House
4 bds · 3 ba · 2,267 sqft
SAVANNA AT LAKEWOOD RANCH PH I, LAKEWOOD RANCH
13422 SAW PALM CREEK TRAIL

Market around this address

Live counts in the same area.
View all

The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: COLBEY AMSPAUGH LICENSED REAL ESTATE BROKER