Active

$725,000

Features:
  • 4 Bedrooms
  • 3 Bathrooms
  • 2016 sq ft
Overview
  • ID: MFRA4696856
  • Bedrooms: 4
  • Bathrooms: 3
  • Size: 2016 sq ft
Property Details
Remarks
Don't miss this exceptional four-bedroom, three-bathroom pool home located within the highly sought-after Lorraine Lakes community in Lakewood Ranch. Offering the perfect blend of luxury living and investment potential, this property presents a rare opportunity to own a beautifully appointed home with immediate rental income already in place. The thoughtfully designed floor plan features spacious open-concept living areas, abundant natural light, and a seamless flow between the living room, dining area, and gourmet kitchen. Complete with modern finishes, ample cabinetry, and a large center island, the kitchen serves as the heart of the home and is ideal for both everyday living and entertaining. The split-bedroom layout provides privacy and functionality, while the spacious primary suite offers a relaxing retreat with an en-suite bathroom and generous walk-in closet. Three additional bedrooms and two full guest bathrooms provide ample space for family, guests, or tenants. Step outside to your private backyard oasis, where a sparkling screened pool overlooks peaceful lake views. Whether enjoying a morning coffee on the lanai or unwinding after a long day, the outdoor living space captures the very best of the Florida lifestyle. Located within the gated, resort-style community of Lorraine Lakes, residents enjoy access to an impressive array of amenities, including a clubhouse, resort pool, fitness center, tennis courts, pickleball courts, walking trails, and more. Conveniently situated near shopping, dining, top-rated schools, medical facilities, golf courses, and the Gulf Coast's beautiful beaches, this location continues to attract homeowners and tenants alike. The property is currently tenant occupied through March 2027, providing immediate rental income and a turnkey investment opportunity in one of the nation's top-selling master-planned communities. Whether you're looking to expand your investment portfolio, or secure a future primary residence while generating income in the meantime, this home offers both strong rental appeal and long-term value. Don't miss your opportunity to own this stunning lakefront pool home in one of Lakewood Ranch's premier communities.
Financial Considerations
Price:
$725,000
HOA Fee:
454.75
Tax Amount:
$8715
Price per SqFt:
$359.62
Tax Legal Description:
LOT 210, LORRAINE LAKES PH I PI #5812.1050/9
Exterior Features
Lot Size:
9021
Lot Features:
In County, Landscaped, Sidewalk, Paved
Waterfront:
No
Parking Spaces:
N/A
Parking:
Driveway, Garage Door Opener
Roof:
Tile
Pool:
Yes
Pool Features:
Gunite, In Ground, Screen Enclosure
Interior Features
Bedrooms:
4
Bathrooms:
3
Heating:
Central
Cooling:
Central Air
Appliances:
Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
Furnished:
Yes
Floor:
Carpet, Ceramic Tile
Levels:
One
Additional Features
Property Sub Type:
Single Family Residence
Style:
N/A
Year Built:
2022
Construction Type:
Block, Stucco, Vinyl Siding
Garage Spaces:
Yes
Covered Spaces:
N/A
Direction Faces:
Southwest
Pets Allowed:
Yes
Special Condition:
None
Additional Features:
Hurricane Shutters, Lighting, Rain Gutters, Sidewalk
Additional Features 2:
Contact HOA for all leasing restrictions
Map
  • Address
    5132 CORAL REEF WAY
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