5333 CORAL REEF WAY
About This Property
Upstairs, you'll find a versatile loft space, perfect as a game room, media lounge, or home office. Multiple bedrooms offer plenty of space for family, guests, or hobbies, with clean lines, plush carpet, and natural light enhancing each room's warmth. Enjoy peaceful mornings and relaxing evenings on your lanai, watching the sun reflect off the water just beyond your pool deck. This home offers both tranquility and convenience, located close to top-rated schools, parks, shopping, dining, and the award-winning amenities of Lakewood Ranch.
Don't miss your opportunity to own this spacious and stylish slice of paradise-schedule your private showing today!
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 4, 2026 | Sold | ||
| Sold | |||
| Nov 13, 2025 | In contract | - | |
| In contract | |||
| Nov 4, 2025 | Price Decreased |
$800,000
↓ $25K
(3%) | |
| Price Decreased | |||
| Jul 3, 2025 | Price Decreased |
$825,000
↓ $25K
(2.9%) | |
| Price Decreased | |||
| May 12, 2025 | Listed by PREFERRED SHORE LLC | $850,000 | |
| Listed by PREFERRED SHORE LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017