NOT LISTED FOR SALE

5136 Coral Reef Way Bradenton, FL 34211

Estimated Value: $495,000 - $562,000

3 Beds
3 Baths
1,849 Sq Ft
$286/Sq Ft Est. Value

Last Sold May 31, 2023

Last sale price $530,000 $287 Per Sq Ft

Current estimated payment $3,731/month

1 Day on Market

Highlights

  • 282 Feet of Waterfront
  • Fitness Center
  • Lake View
  • B.D. Gullett Elementary School Rated A-
  • Gated Community
  • Open Floorplan

About This Home

As of May 2023

A water view to die for!!! This 3 bedroom 3 bath home has everything you need to feel like you are living the Florida dream. UPGRADES INCLUDE: Kitchen has brand new upgraded stainless appliances, granite countertops, gas stove, walk-in pantry, island, and shaker cabinets.
Updated light fixtures and fans throughout house. Master bedroom has 2 Walk-in closets, tile flooring, views of the water, and ensuite bath with duals sinks and shower stall. Home is one almost a QUARTER OF AN ACRE with expansive water views. Among the additional upgrades of the house are: Gutters, Pavered driveway and lanai, Glass front door, Freshly painted entire interior, Tiled throughout - NO CARPETS!!!, Oversized lot with tons of space between neighbors. This gated maintenance-free neighborhood is another must have. COMMUNITY FEATURES include (some are still under construction): Clubhouse, Resort-Style Community Pool with Poolside Bar, Fitness Center, Aerobics Studio, Splash Park, Playground, Sport Court, Basketball Court, Volleyball Court, Lawn Maintenance included, Gates & Guardhouse.

Last Agent to Sell the Property

Alexis Zibolis

COLDWELL BANKER REALTY License #3371142 Listed on: 04/29/2023

COLDWELL BANKER REALTY

Co-Listed By

Butch Ogden, IV

COLDWELL BANKER REALTY License #3284448

Last Buyer's Agent

Jeremy Hartmark

LPT REALTY, LLC License #3394541

LPT REALTY, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $479

Year Built

  • Built in 2022

Lot Details

  • 9,021 Sq Ft Lot
  • 282 Feet of Waterfront
  • 141 Feet of Lake Waterfront
  • Lake Front
  • 141 Feet of Pond Waterfront
  • South Facing Home
  • Oversized Lot
  • Landscaped with Trees
  • Property is zoned PDMU

HOA Fees

  • $318 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway

Property Views

  • Lake
  • Pond

Home Design

  • Slab Foundation
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,849 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • Sliding Doors
  • Great Room
  • Family Room Off Kitchen
  • Dining Room
  • Tile Flooring
  • Hurricane or Storm Shutters

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • En-Suite Bathroom
  • Walk-In Closet
  • 3 Full Bathrooms
  • Dual Sinks
  • Private Water Closet
  • Shower Only
  • Linen Closet In Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Eco-Friendly Details

  • Reclaimed Water Irrigation System

Outdoor Features

  • Covered Patio or Porch
  • Rain Gutters

Schools

  • Gullett Elementary School
  • Dr Mona Jain Middle School
  • Lakewood Ranch High School

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Underground Utilities
  • Natural Gas Connected
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include ground maintenance, pool, recreational facilities
  • Icon Management Association, Phone Number (941) 747-7261
  • Visit Association Website
  • Built by Lennar
  • Lorraine Lakes Ph I Subdivision, Venice Floorplan
  • Lakewood Ranch Community
  • The community has rules related to deed restrictions, allowable golf cart usage in the community, vehicle restrictions

Recreation

  • Tennis Courts
  • Recreation Facilities
  • Community Playground
  • Fitness Center
  • Community Pool
  • Park

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$479

Year Built

Built in 2022

Lot Details

0

HOA Fees

$318 per month

Parking

2

Listing Details

  • HOA Fee Includes: Maintenance Grounds, Pool, Recreational Facilities
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1849
  • Lot Size Acres: 0.21
  • New Construction: No
  • Year Built: 2022
  • Building Area Total: 2485
  • Lot Size Sq Ft: 9021
  • Status: Sold
  • Co List Office Mls Id: MFR281504941
  • Co List Office Phone: 941-907-1033
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: Builder
  • Escrow State: FL
  • Minimum Lease: 1 Month
  • Number Of Pets: 3
  • RATIO Current Price By Calculate: 286.64
  • Total Acreage: 0 to less than 1/4
  • Water Access YN: 0
  • Tax Year: 2022
  • Special Features: 4098

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile
  • Full Bathrooms: 3
  • Interior Amenities: Ceiling Fans(s), Eat-in Kitchen, Kitchen/Family Room Combo, Open Floorplan, Split Bedroom, Thermostat, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • ResoLivingAreaSource: Builder
  • Additional Rooms: Great Room
  • Living Area Meters: 171.78

Exterior Features

  • Direction Faces: South
  • Exterior Features: Hurricane Shutters, Rain Gutters, Sidewalk, Sliding Doors
  • Roof: Tile
  • Pool Private: No
  • View: Water
  • Water Body Name: LORRAINE LAKES POND
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Patio, Screened
  • Road Surface Type: Paved
  • Disclosures: HOA/PUD/Condo Disclosure, Other Disclosures, Seller Property Disclosure
  • Water View: Lake,Pond
  • Water View YN: 1
  • Waterfront Feet Total: 282
  • Flood Zone Panel: 12081C0334E
  • Water Frontage Feet Lake: 141
  • Water Frontage Feet Pond: 141

Garage/Parking

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

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Connected, Natural Gas Connected, Public, Sewer Connected, Underground Utilities, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Clubhouse, Deed Restrictions, Fitness Center, Gated, Golf Carts OK, Irrigation-Reclaimed Water, Playground, Pool, Sidewalks, Tennis Courts
  • Association Amenities: Clubhouse, Fitness Center, Gated, Park, Playground, Pool, Recreation Facilities, Tennis Court(s), Vehicle Restrictions
  • Association Fee: 954
  • Association Fee Frequency: Quarterly
  • Association Name: Icon Management
  • Phone: (941) 747-7261
  • Association: Yes
  • Security: Gated Community
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Pet Restrictions: No aggressive breeds
  • Association Fee Requirement: Required
  • Association Email: ssheffield@theiconteam.com
  • Association URL: theiconteam.com

Fee Information

  • Total Annual Fees: 3816.00
  • Total Monthly Fees: 318.00
  • Monthly HOA Amount: 318.00

Schools

  • Elementary School: Gullett Elementary
  • High School: Lakewood Ranch High
  • Middle Or Junior School: Dr Mona Jain Middle

Lot Info

  • Zoning: PDMU
  • Parcel Number: 581210559
  • Additional Parcels: No
  • Lot Features: In County, Oversized Lot, Sidewalk, Paved
  • Flood Zone Code: X

Building Info

  • Builder Name: Lennar

Rental Info

  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: see HOA regulations

Tax Info

  • Tax Annual Amount: 479
  • Tax Lot: 211
  • Tax Other Annual Assessment Amount: 1716

Multi Family

  • Waterfront Features: Lake, Pond
  • Approval Process: see HOA regulations

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2023
Closed on
May 31, 2023
Sold by
Gerni Christopher D and Gerni Marie E
Bought by
Hamilton Robert and Hamilton Jeannette
Seller's Agent
Alexis Zibolis
COLDWELL BANKER REALTY
Buyer's Agent
Jeremy Hartmark
LPT REALTY, LLC
List Price
$525,000
Sold Price
$530,000
Premium/Discount to List
$5,000
0.95%
Views
75
Current Estimated Value
$528,194

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,806
Avg. Annual Appreciation
-0.14%

Purchase Details

Closed on
Jan 5, 2023
Sold by
Lennar Homes Llc
Bought by
Gerni Christopher Douglas and Broach Marie Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
6.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 17, 2022
Sold by
Ag Essential Housing Multi State 2 Llc
Bought by
Lennar Homes Llc

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
Hamilton Robert $530,000 None Listed On Document
Gerni Christopher Douglas $480,000 Lennar Title
Lennar Homes Llc $1,541,300 Biskind Hunt & Semro Plc
Ag Essentail Housing Multi State 2 Llc $26,078,400 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gerni Christopher Douglas $230,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2023 05/31/23 Sold $530,000 +1.0% $287 / Sq Ft
05/01/2023 05/01/23 Pending -- -- --
04/29/2023 04/29/23 For Sale $525,000 -- $284 / Sq Ft
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 $7,779 $476,994 $85,000 $391,994
2024 $7,779 $434,913 $66,300 $368,613
2023 $7,779 $401,402 $66,300 $335,102
2022 $2,195 $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

  • Alexis Zibolis

    Seller's Agent in 2023

    Alexis Zibolis

    COLDWELL BANKER REALTY

    (941) 725-3060

    199 in this area

    297 Total Sales

    Alexis Zibolis
    Section Image
  • Butch Ogden, IV

    Seller Co-Listing Agent in 2023

    Butch Ogden, IV

    COLDWELL BANKER REALTY

    (813) 843-2180

    18 in this area

    27 Total Sales

    Butch Ogden, IV
    Section Image
  • Jeremy Hartmark

    Buyer's Agent in 2023

    Jeremy Hartmark

    LPT REALTY, LLC

    (941) 807-0740

    73 in this area

    141 Total Sales

    Jeremy Hartmark
    Section Image
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Map

Source: Stellar MLS

MLS Number: A4568739

Stellar MLS

APN: 5812-1055-9

Florida Manatee County Bradenton 34211

5136 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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