5238 CORAL REEF WAY, Bradenton, FL, 34211 | $679,900

Welcome to the Florida lifestyle you've been waiting for. Built in 2023, this beautifully upgraded Marsala model in the sought-after gated community of Lorraine Lakes at Lakewood Ranch offers 3 bedrooms, 3 bathrooms, a private den with French doors, and the perfect blend of comfort, style, and resort-inspired living.

Inside, you'll find an open-concept design with tile flooring throughout the main living areas, plantation shutters, a custom electronic sunshade on the lanai slider, designer light fixtures, upgraded ceiling fans, quartz countertops, stainless steel appliances, under-cabinet lighting, natural gas cooking, and a built-in wine cooler ready for entertaining. The spacious owner's suite features custom-built closet shelving and a relaxing retreat at the end of the day.

Step outside to your private backyard oasis featuring a custom heated saltwater pool with sun shelf, bubbler, lighting package, large covered lanai, and lush tropical landscaping enhanced with mature Areca palms for added privacy. Western rear exposure creates the perfect setting for enjoying Florida's spectacular sunsets.

Additional upgrades include epoxy garage flooring, ceiling-mounted storage, an upgraded electrical panel, natural gas generator hookup, phantom screen entry door, hurricane shutters, and more.

Enjoy maintenance-friendly living with lawn care, irrigation, cable, internet, gated security, and access to Lorraine Lakes' exceptional amenity center featuring resort-style pools, fitness center, tennis, pickleball, indoor basketball, restaurant, bar, social events, and more. Conveniently located near Waterside Place, UTC shopping and dining, top-rated schools, and some of Florida's most beautiful Gulf Coast beaches.

Every day feels a little more like a vacation here.

Features

  • Rooms: 8
  • Bedrooms: 3
  • Baths: 3 full
  • Laundry: Laundry Room
  • Year Built: 2023
  • Garage: 2-car
  • Heating: Heat Pump, Natural Gas
  • Cooling: Central Air
  • Approx Sq. Feet: 2,202
  • Acreage: 0.16
  • Est. Taxes: $8,830
  • HOA Fee: $855 Quarterly
  • Elem. School: Gullett Elementary
  • Middle School: Dr Mona Jain Middle
  • High School: Lakewood Ranch High
  • Pool: In Ground
  • Pet Policy: Cats OK, Dogs OK
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Tankless Water Heater, Washer
  • MLS#: A4693928
  • Days on Market: 2 days
  • Website: https://www.raveis.com
    /prop/A4693928/5238coralreefway_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 5/25/2026 9:17:11 PM)
Listing courtesy of Coldwell Banker Realty   Phone: 941-739-6777

William Raveis Family of Services

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888.699.8876

Contact@raveis.com

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
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Pedro DelgadilloInsurance Sales Director, William Raveis Insurance

305.922.5393

Pedro.Delgadillo@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

5238 CORAL REEF WAY, Bradenton, FL, 34211

$679,900

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 $543,920 $543,920 $543,920
Term 360 months 360 months 180 months
Initial Interest Rate** 6.250% 6.490% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.474% 6.640% 5.972%
Monthly Tax Payment $736 $736 $736
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,349 $3,434 $4,517
Total Monthly Payment $4,177 $4,262 $5,345

* 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.