5429 Coral Reef WAY, Bradenton, FL, 34211 | $599,000

This upgraded 2022 corner lot home features 4 bedrooms, 3 bathrooms and is located in the community of Lorraine Lakes at Lakewood Ranch, and close to Resident Gate on Rangeland Parkway for quick trips! Walk into the foyer with extra high ceilings, with 10 foot ceilings throughout the main living areas and bathrooms. Open-concept ‘Great Room’ design connecting the kitchen, dining area, and living room- with bedrooms split up nicely. This is also new custom professional built-in cabinetry in the main bedroom’s walk-in closets, in the living room, pantry, and dining area. The kitchen is perfect for entertaining and includes features like gas range, stainless steel appliances, a vented microwave, quartz countertops, ample cabinetry, R/O water on tap, and a walk-in pantry with custom installed shelving. Shaker cabinets with crown molding and a central island big enough for three seats, with pendant lighting.
Loads of natural light comes in from the large dining area window and tall sliding glass doors leading to the screened-in lanai. The main bedroom is bright and large with en-suite bathroom that features dual vanities, quartz countertops, a very spacious walk-in shower, linen closet, and private water closet. This home also has ANOTHER bedroom with a full bath, currently being used as a home office.
Plus 2 more bedrooms located at the front of the home, each one separated by their own full bath. Other extras include: front rain gutters, smart home capabilities, window treatments on all windows, and a separate laundry room that comes with the washer and dryer.
The community of Lorraine Lakes has a 25, 000 square foot Clubhouse, featuring a coffee lounge, a Restaurant, an indoor/outdoor Bar, aerobic center, basketball court, arcade room, and fitness center. Other exterior amenities include two pools, a splash pad, poolside bar, tennis and pickleball courts, a putting green, volleyball, bocce ball, and a playground.
This community is in a great location with easy access to Sarasota and Bradenton, providing loads of shopping, dining, and entertainment choices.

Features

  • Amenities: Basketball Court, Clubhouse, Fence Restrictions, Fitness Center, Gated, Park, Playground, Pool, Recreation Facilities, Security, Spa/Hot Tub, Tennis Court(s), Vehicle Restrictions, Wheelchair Access
  • Rooms: 9
  • Bedrooms: 4
  • Baths: 3 full
  • Laundry: Laundry Room
  • Year Built: 2022
  • Garage: 2-car
  • Heating: Electric
  • Cooling: Central Air, Humidity Control
  • Approx Sq. Feet: 2,016
  • Acreage: 0.19
  • Est. Taxes: $8,172
  • HOA Fee: $746 Quarterly
  • Lot Desc: Landscaped
  • View: Water
  • Pet Policy: Number Limit
  • Appliances: Convection Oven, Dishwasher, Disposal, Dryer, Gas Water Heater, Kitchen Reverse Osmosis System, Microwave, Range, Refrigerator, Tankless Water Heater, Washer
  • MLS#: A4593947
  • Days on Market: 111 days
  • Website: https://www.raveis.com
    /prop/A4593947/5429coralreefway_bradenton_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 5/20/2024 6:03:32 AM)
Listing courtesy of REALTYLOGIC   Phone: 239-214-2250

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NMLS Mortgage Loan Originator ID 16953

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5429 Coral Reef WAY, Bradenton, FL, 34211

$599,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $479,200 $479,200 $479,200
Term 360 months 360 months 180 months
Initial Interest Rate** 7.250% 6.990% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.945% 7.159% 6.286%
Monthly Tax Payment $681 $681 $681
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,269 $3,185 $4,044
Total Monthly Payment $4,042 $3,958 $4,817

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.