5 months on rocket

5311 Coral Reef Way, Bradenton, FL, 34211

$705,000

Home List Price

$8,372*

Closing Credit

5 Bedrooms
3 Full Baths
3,257 SqFt
$216/SqFt
House

Location

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5311 Coral Reef Way, Bradenton$705,000

Buyer Closing Credits

$8,372*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Attached Garage3 spaces
Year Built2022
HeatingElectric
CoolingCentral Air
MLS #A4613927
Lot Size0.24 Acres
StatusActive

About 5311 Coral Reef Way

Don't miss the opportunity to own this exceptional home on an oversized corner lot in Lorraine Lakes. The resort style community includes a gorgeous and recently completed amenity center featuring a splash pad, multiple pools, tennis & pickleball courts, sand volleyball, a full restaurant & bar inside and out, a gymnasium, arcade and fitness center/gym! All of this just minute from Lakewood Ranch Main Street, Waterside, UTC and 30-minute drive to our beautiful gulf beaches! HOA fee includes cable, internet, lawn maintenance/watering, and 24-hour guard gate! This 5-bedroom 3-bathroom home is situated on an oversized, fenced lot. The home offers plenty of outdoor space for all your needs and there is also more than enough room to add a pool! The interior features gas appliances, 42-inch cabinets, and custom-built cabinetry in the upstairs bonus room adding a touch of elegance and functionality to the living spaces. Enjoy cozy evenings by the electric fireplace, perfectly complemented by the included 85-inch Samsung TV, creating an ideal setting for relaxation and entertainment. Installed Feb 2024 is a new upstairs HVAC unit - 2.5 ton upgraded from 2 ton. The home also features a versatile 3-car tandem garage, providing plenty of room for vehicles, storage, and hobbies.

Property Details

Property Features

Property Information:

  • Year Built: 2022
  • Stories: 2
  • Living Area: 3,257 SqFt

Listing Office:

  • Office Name: COLDWELL BANKER REALTY
  • Office Phone: (941) 739-6777
  • Listing Agent: Rhiannon Hutchinson

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Gas Water Heater, Microwave, Range, Refrigerator
  • Flooring Type: Carpet, Ceramic Tile
  • Interior: Cathedral Ceiling(s), Ceiling Fans(s), Open Floorplan, Primary Bedroom Main Floor, Walk-In Closet(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Hurricane Shutters

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: Yes

Lot Features

Lot Information:

  • Lot Size: 0.24 Acres

Utilities

Utilities Information:

  • Heating: Electric
  • Cooling: Central Air

Other

Directions Information:

  • Directions: SR 70 East to Uhline Rd then left. Lorraine Lakes is on the lefthand side of the road, enter through guard gate. Take Silver Sky Cir to Island walk and make a left. Follow to Coral Reef and 5311 is the first home on the corner on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $705,000
  • Price Per SqFt: $216/SqFt

HOA Fees:

  • Amount: $2984
  • Frequency: Annually
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Housing Market Comparison

See how this home compares to others in Bradenton, FL.

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Bradenton, FL

City

Med. Sold Price

$452.3K

Med. Price/SqFt

$255

Avg. Days On Market

81

# of Sold Homes

296

5311 Coral Reef Way vs Bradenton

160 DAYS ON ROCKET

+79 Days

$705,000

+$252.6K More

$216/SqFt

-$40 Less

KEY TAKEAWAY

This property is $252.6K more than the Median Sold Price and $40/SqFt less than other homes in Bradenton, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #A4613927

Listing Office:

  • Office Name: COLDWELL BANKER REALTY
  • Office Phone: (941) 739-6777
  • Listing Agent: Rhiannon Hutchinson

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ 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. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 7:19:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$3,834

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,180

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-404113
9
/10

  • Gilbert W. McNeal Elementary School

  • 6325 Lorraine Rd

  • 1.34 miles

  • Public District Grades PK-5

school-card-donut-404114
8
/10

  • Gullett Elementary School

  • 12125 44th Ave E

  • 2.55 miles

  • Public District Grades PK-5

school-card-donut-404115
8
/10

  • Braden River Elementary School

  • 6125 River Club Blvd

  • 3.18 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $88,595. Residents of Bradenton, FL typically earn between $35k-100k each year. Typical family type is married, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5311 Coral Reef Way

What is the listing price of this property?

The listing price of 5311 Coral Reef Way property is $705,000.

What type of property is this?

The property 5311 Coral Reef Way is a house located in Bradenton, Florida, 34211.

Is this property for sale now?

Active Listing: 5311 Coral Reef Way is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 5311 Coral Reef Way has 5 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 5311 Coral Reef Way is 3,257 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5311 Coral Reef Way is 2022.

Rocket Homes›Florida›Manatee County›Bradenton›34211›5311 Coral Reef Way

This home is located at 5311 Coral Reef Way in Bradenton, FL and zip code 34211 in the Lakewood Ranch neighborhood. This 3,257 square foot home, which was built in 2022, sits on a 0.24 acre lot. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since June 14, 2024 and is currently priced at $705,000.

Over 16 listings were sold over their listed price in October 2024 in Bradenton, FL. In the same period over 221 listings were sold below the listed price and 59 listings were sold for the listed price. The number of homes for sale in Bradenton, FL decreased by 4.4% between September 2024 and October 2024. In October 2024 median list price was $452,335 and the average listing age was 81 days.

From Rocket Homes Real Estate and based on county public records data.

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