5327 Coral Reef WAY, Bradenton, FL, 34211 | $699,900

Under contract-accepting backup offers. PRICED TO GO FAST! Pool furniture is included with outdoor TV. Florida living at its finest! This pristine single-level Trevi Model home built in 2022 is nestled within the coveted gated community of Lorraine Lakes. This immaculate residence features 4 bedrooms and 3 full baths across a spacious 2, 032 square feet. Inside, you will find a blend of tile flooring and plush carpeting in the bedrooms. The open floor plan is highlighted by a generous granite island in the kitchen, equipped with natural gas. The primary bedroom is a true retreat, featuring two spacious walk-in closets and an oversized shower. There are 3 additional bedrooms, one of which has an en-suite perfect for your guests. Entertaining is a breeze in this lovely abode, perfect for hosting gatherings and enjoying a paradise-like lifestyle right at home. Looking for a custom pool? Look no further as this home comes with a beautiful custom built pool and hot tub and a fenced in yard! Water views are hard to find now in Lorraine Lakes, this is one of the best! Residents of Lorraine Lakes are privileged with a wide array of amenities, including pickleball, basketball, tennis, volleyball, bocce ball, a playground, lap pool, resort-style pool, a kiddie splash pad/pool, and state-of-the-art fitness centers with locker rooms and saunas. You can also take advantage of the arcade room, coffee bar, tiki bar and an indoor restaurant for your convenience. Conveniently located, you're just minutes away from grocery stores, a plethora of shops, and an enticing selection of restaurants. The renowned UTC shopping mall is also within easy reach. Additionally, I-75 is a mere 10-minute drive away, making transportation a breeze. Your guests will be delighted to visit as the beautiful beaches and the vibrant city of Sarasota are only a 25-minute drive away. Pack your bags; this remarkable home is ready to welcome you to a lifestyle of comfort and luxury!

Features

  • Amenities: Basketball Court, Cable TV, Clubhouse, Fence Restrictions, Fitness Center, Gated, Park, Pickleball Court(s), Playground, Pool, Recreation Facilities, Sauna, Security, Shuffleboard Court, Spa/Hot Tub, Tennis Court(s)
  • Rooms: 3
  • Bedrooms: 4
  • Baths: 3 full
  • Laundry: Gas Dryer Hookup, Inside, Laundry Room, Washer Hookup
  • Year Built: 2022
  • Garage: 2-car
  • Heating: Central, Electric, Heat Pump
  • Cooling: Central Air
  • Approx Sq. Feet: 2,032
  • Acreage: 0.2
  • Est. Taxes: $8,071
  • HOA Fee: $746 Quarterly
  • View: Water
  • Elem. School: Gullett Elementary
  • Middle School: Dr Mona Jain Middle
  • High School: Lakewood Ranch High
  • Pool: In Ground, Screen Enclosure
  • Pet Policy: Cats OK, Dogs OK, Number Limit, Yes
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Tankless Water Heater, Washer
  • MLS#: A4606039
  • Days on Market: 24 days
  • Website: https://www.raveis.com
    /prop/A4606039/5327coralreefway_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 5/31/2024 8:47:11 PM)
Listing courtesy of FINE PROPERTIES   Phone: 941-782-0000

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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
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  • Has access to hundreds of loan programs, all at competitive rates
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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

5327 Coral Reef WAY, Bradenton, FL, 34211

$699,900

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 $559,920 $559,920 $559,920
Term 360 months 360 months 180 months
Initial Interest Rate** 7.375% 6.990% 6.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 8.011% 7.171% 6.538%
Monthly Tax Payment $673 $673 $673
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,867 $3,721 $4,801
Total Monthly Payment $4,632 $4,486 $5,566

* 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.