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$275,000 Sale Pending

  • For Sale
  • Pending
  • Single Family
  • 2 Beds
  • 2 Full Baths
  • 1,542 Sq. Ft.
  • Updated 12 days ago
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Lakefront Villa with Low HOA & Water Views in Lakeland, FL - Updated, Move-In Ready, and Minutes from Everything! Experience the best of Lakeland, Florida real estate with this beautifully updated 2-bedroom, 2-bath lakefront villa offering panoramic water views and resort-style amenities. Perfectly situated in one of Central Florida's most desirable locations, this single-story home combines maintenance-free living, a low HOA fee, and easy access to shopping, dining, and recreation. Step inside to an updated kitchen with custom cabinets, stainless steel appliances, and durable tile flooring-ideal for low-maintenance living. The open-concept layout and vaulted ceilings create a bright, airy atmosphere, with skylights and sliding glass doors that open to a spacious sunroom overlooking the lake. Enjoy serene mornings, birdwatching, or evening sunsets right from your own home. The primary suite is a comfortable retreat with a king-sized layout, walk-in closet, built-in desk, and a private bath with an easy-access, low-threshold shower-perfect for aging in place or those who appreciate accessible home features. The second bedroom and bath offer equally convenient accommodations. Outside, relax on your covered front patio or take advantage of your oversized one-car garage for extra storage. The low monthly HOA includes yard maintenance, cable, internet, and more-giving you more time to enjoy the community pool, tennis courts, fitness center, and clubhouse, all with no age restrictions. Located just minutes from Lakeside Village, medical centers, golf courses, parks, and the Polk Parkway, you'll have easy access to Downtown Lakeland, Tampa, and Orlando. Don't miss this rare opportunity to own a piece of Lakeland's lakefront lifestyle. Schedule your private showing today! WE WILL NEVER DIRECTLY ASK YOU TO INITIATE A WIRE TRANSFER. PLEASE CALL YOUR AGENT SHOULD YOU RECEIVE ANY EMAILS TO THE CONTRARY.

Full Property Details for 492 Caribbean Dr

General

  • Price: $275,000
  • HOA FEE: $315/month
  • HOA FEE FREQ.: Quarterly
  • Taxes: $3,827 (2024)
  • Status: Pending
  • Type: Single Family
  • Source: MidFloridaRegionalMLS
  • MLS ID: TB8382426
  • Updated: 1/4/2026
  • Added to Site: 256 day(s) ago

Interior

  • Number of Rooms: 4
  • Interior Features: Ceiling Fan(s), Living Room/Dining Room Combo, Open Floorplan, Split Bedroom, Stone Counters, Walk-In Closet(s)
  • Appliances: Built-In Oven, Dishwasher, Dryer, Freezer, Microwave, Refrigerator, Washer
  • Flooring: Tile, Hardwood

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 2

Other Rooms

  • Laundry: In Garage

Additional Information

  • Shared Amenities: Basketball Court, Cable TV, Clubhouse, Fitness Center, Pool, Recreation Facilities

Exterior

  • Exterior Features: Irrigation System, Sliding Doors

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 2
  • Covered Spaces: 2

Location

  • Area: 33803 - Lakeland
  • County: Polk
  • Development Name: 33803 - Lakeland
  • Subdivision: VILLAS BY LAKE
  • Driving Directions: Southbound On S Florida Ave, Turn Right onto Parkway Frontage Rd N, Then Turn Right onto Caribbean Dr, Follow to Home around the turn it's located on the Right Northbound On S Florida Ave, Turn Left onto Parkway Frontage Rd N, Then Turn Right onto Caribbean Dr, Follow to Home around the turn it's located on the Right
  • Direction Faces: North

Community

  • Community Name: 33803 - Lakeland
  • Optional Amenities: Basketball Court, Cable TV, Clubhouse, Fitness Center, Pool, Recreation Facilities
  • Association: Yes
  • Assoc. Name: David Rheinhart

Heating & Cooling

  • Cooling Type: Central Air
  • Heating Type: Central

Utilities

  • Sewer: Public Sewer
  • Water District: KELLY LAKE
  • Water: Public
  • Utility Description: Public

Structural Information

  • Exterior Const.: Block, Wood Frame (FSC Certified)
  • Roof: Shingle
  • Stories/Levels: One
  • Square Feet: 1,542
  • Sq. Ft. Source: Public Records
  • Year Built: 1989

Lot Features

  • Property View: Water
  • Lot Size (Acres): 0.14
  • Lot Size (Sq. Ft.): 6,094
  • Lot Size: 6094
  • Lot Dimensions: 45 x 132
  • Frontage: Street Paved
  • Street/Road Desc.: Paved

Water Features

  • Water Front: Yes
  • Water View: Yes
  • Water Access: Yes
  • Water Access Desc: Lake
  • Water Front Name: KELLY LAKE
  • Water Front Desc.: Lake Front

Financial Considerations

  • Association Fee: $945
  • Assoc Fee Freq.: Quarterly
  • Assoc Fee Desc.: Required
  • Tax Amount: $3,827
  • Tax Year: 2024

Disclosures and Reports

  • Ownership: Fee Simple
  • Special Conditions: None
  • Legal Description: VILLAS BY-THE-LAKE PB 87 PGS 37 & 38 LOT 18 & INT IN REC AREA & COMMON AREAS
  • Flood Zone Info: X
  • APN: 232836139032000180
  • Property ID: 232836139032000180
  • Block/Lot/Section: 1

Listed by Mark Spain Real Estate

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Listing agent

— 492 Caribbean Dr —

  • Mark Spain Real Estate

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 492 Caribbean Dr

School District:Polk County School District
NameGradesDistance
Southwest Elementary School
2650 Southwest Avenue, Lakeland, FL 33803
PK-51.1 mi
Kathleen Senior High School
1100 Red Devil Way, Lakeland, FL 33815
9-124.6 mi
Southwest Middle School, Lakeland, FL
2815 Eden Parkway, Lakeland, FL 33803
6-81.1 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 492 Caribbean Dr Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/27/2025
Price Reduced
$275,000
-6.78%
MLS
10/10/2025
Price Reduced
$295,000
-3.28%
MLS
7/17/2025
Price Reduced
$305,000
-7.58%
MLS
5/06/2025
Listed
$330,000
22.27%
MLS
9/29/2021
Sold
$269,900
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 492 Caribbean Dr

Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,828
—
$260,392
—
2024
$3,827
—
$259,635
1%
2023
$3,836
183%
$258,011
126%
2021
$1,355
-65%
$113,944
-55%
2022
$3,824
182%
$251,136
123%
2021
$1,355
3%
$112,371
2%
2019
$1,318
-33%
$109,845
2%
2017
$1,971
—
$107,797
-24%
2017
$1,971
1%
$142,387
2%
2016
$1,947
-1%
$139,458
1%
2015
$1,969
4%
$138,489
1%
2014
$1,893
—
$137,390
1%
2013
$1,892
—
$135,360
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 492 Caribbean Dr

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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with our affiliated lender
NMLS#: 1598647

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Listed by Mark Spain Real Estate

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492 Caribbean Drive, Lakeland, FL 33803 (MLS# TB8382426) is a Single Family property with 2 bedrooms and 2 full bathrooms. 492 Caribbean Drive is currently listed for $275,000 and was received on May 06, 2025. Want to learn more about 492 Caribbean Drive? Do you have questions about finding other Single Family real estate for sale in Lakeland? You can browse all Lakeland real estate or contact a Coldwell Banker agent to request more information.

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