NOT LISTED FOR SALE

5119 Coral Reef Way Bradenton, FL 34211

Estimated Value: $505,590 - $550,000

4 Beds
3 Baths
2,032 Sq Ft
$259/Sq Ft Est. Value

Highlights

  • Gated Community
  • Pond View
  • Clubhouse
  • B.D. Gullett Elementary School Rated A-
  • Open Floorplan
  • Sun or Florida Room

About This Home

As of July 2023

For Rent in Lorraine Lakes. Welcome to your dream home in Lakewood Ranch, available for a minimum 3-month short-term lease. This stunning, newly built four-bedroom, three-bathroom estate exudes charm with its scenic water views, covered patio, and meticulously curated landscaping. The interior impresses with thoughtful design: two bedrooms sharing a well-appointed bathroom, a third bedroom with an en-suite bath, and a lavish primary suite with ample space, walk-in closets, and an exquisite bathroom. The open floor plan, enriched by a gourmet kitchen equipped with quartz countertops, stainless steel appliances, and an island, sets the stage for unforgettable dining and living experiences. Picture yourself enjoying a BBQ on the paved patio, luxuriating in the shade of the covered porch, and taking in the tranquil water views. Its prime location, proximity to UTC, shopping, and dining options, alongside bonus rent included amenities cable/internet, lawn care, and access to the community pool. Schedule your showing now and Make this enchanting home yours!

Last Agent to Rent the Property

Kevin Tran

FLORIDA REALTY INVESTMENTS License #3388122 Listed on: 06/07/2023

FLORIDA REALTY INVESTMENTS

Last Renter's Agent

Jan Hlywa

COLDWELL BANKER REALTY License #3388906

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,071

Year Built

  • Built in 2022

Lot Details

  • 7,157 Sq Ft Lot

Parking

  • 2 Car Garage

Interior Spaces

  • 2,032 Sq Ft Home
  • Open Floorplan
  • Family Room Off Kitchen
  • Dining Room
  • Sun or Florida Room
  • Pond Views

Kitchen

  • Walk-In Pantry
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Brick
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Closet Cabinetry
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Screened Patio
  • Rear Porch

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Listing and Financial Details

  • Residential Lease
  • Security Deposit $3,700
  • Property Available on 6/7/23
  • The owner pays for cable TV, grounds care, internet, recreational
  • 12-Month Minimum Lease Term
  • Available 6/1/24
  • $110 Application Fee
  • 3-Month Minimum Lease Term
  • Assessor Parcel Number 581211359

Community Details

Overview

  • Property has a Home Owners Association
  • $100 One-Time Association Dues
  • Lorraine Lakes Property Owner’S Association, Phone Number (941) 479-0115
  • Lakewood Ranch Community
  • Lorraine Lakes Ph I Subdivision

Recreation

  • Community Playground
  • Community Pool
  • Park

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,071

Year Built

Built in 2022

Lot Details

0

Parking

2

Rental Info

  • Furnished: Unfurnished
  • Lease Amount Frequency: Monthly
  • Pets Allowed: No
  • Available Date: 2023-06-07
  • Terms Of Lease: No Smoking,Security Deposit Required
  • Long Term YN: 1
  • Security Deposit: 3700
  • Expected Lease Date: 2024-06-01T00:00:00.000

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Single Family Residence
  • Fireplace: No
  • Living Area: 2032
  • Lot Size Acres: 0.16
  • New Construction: No
  • Year Built: 2022
  • Building Area Total: 2412
  • Lease Term: Twelve Months
  • Lot Size Sq Ft: 7157
  • Owner Pays: Cable TV, Grounds Care, Internet, Recreational
  • Status: Leased
  • ResoBuildingAreaSource: Builder
  • Minimum Lease: 3 Months
  • RATIO Current Price By Calculate: 1.77
  • Water Access YN: 0
  • Other Assoc Fees Tenants: 100
  • Other Assoc Fees Tenants Frequen: One-Time
  • MFR_BedroomClosetType: Built-in Closet
  • MFR_BedroomClosetType: Built-in Closet
  • MFR_BedroomClosetType: Walk-in Closet
  • Special Features: 4098

Interior Features

  • Living Area Units: Square Feet
  • Full Bathrooms: 3
  • Interior Amenities: Kitchen/Family Room Combo, Open Floorplan
  • Appliances Included: Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Washer
  • Total Bedrooms: 4
  • Levels: One
  • ResoLivingAreaSource: Builder
  • Living Area Meters: 188.78

Exterior Features

  • Pool Private: No
  • View: Water
  • Waterfront: No
  • Patio and Porch Features: Rear Porch, Screened
  • Road Surface Type: Concrete
  • Water View: Pond
  • Water View YN: 1
  • Waterfront Feet Total: 0

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Heating: Central

Condo/Co-op/Association

  • Community Features: Clubhouse, Gated, Park, Playground, Pool
  • Association Name: Lorraine Lakes Property Owner’s Association
  • Phone: (941) 479-0115
  • Association: Yes
  • Senior Community: No
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00
  • Application Fee: 110

Lot Info

  • Parcel Number: 581211359

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 8, 2022
Sold by
Lennar Homes Llc
Bought by
Lam Heidi and Lam Mathew
Current Estimated Value
$526,148

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Outstanding Balance
$191,153
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$334,995

Purchase Details

Closed on
Nov 16, 2021
Sold by
Lennar Homes Llc
Bought by
Ag Essentail Housing Multi State 2 Llc
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Lam Heidi $533,300 --
Ag Essentail Housing Multi State 2 Llc $26,078,400 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lam Heidi $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/01/2023 07/01/23 Rented $3,600 -2.7% --
06/21/2023 06/21/23 Under Contract -- -- --
06/07/2023 06/07/23 For Rent $3,700 -- --
Source: Stellar MLS

Tax History Compared to Growth

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
2025 $8,071 $432,892 $85,000 $347,892
2024 $8,071 $456,792 $66,300 $390,492
2023 $8,071 $421,292 $66,300 $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

Agents Affiliated with this Home

  • Kevin Tran

    Landlord's Agent in 2023

    Kevin Tran

    FLORIDA REALTY INVESTMENTS

    (407) 603-5388

    2 in this area

    107 Total Sales

    Kevin Tran
    Section Image
  • Jan Hlywa

    Tenant's Agent in 2023

    Jan Hlywa

    COLDWELL BANKER REALTY

    (203) 982-4636

    6 in this area

    93 Total Sales

    Jan Hlywa
    Section Image
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Map

Source: Stellar MLS

MLS Number: O6117134

Stellar MLS

APN: 5812-1135-9

Florida Manatee County Bradenton 34211

5119 Coral Reef Way, Bradenton, FL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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