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.
For sale
Price cut: $25K (7/17)
$305,000
492 Caribbean Dr, Lakeland, FL 33803
2beds
1,542sqft
Est.:
Single Family Residence
Built in 1989
6,094 Square Feet Lot
$-- Zestimate®
$198/sqft
$182/mo HOA
What's special
Lakefront villaSpacious sunroomPanoramic water viewsOversized one-car garagePrivate bathOpen-concept layoutCovered front patio
- 104 days
- on Zillow |
- 436 |
- 16 |
Likely to sell faster than
Zillow last checked: 7 hours ago
Listing updated: August 14, 2025 at 08:47am
Listing Provided by:
Justin Meyers 703-609-2629,
MARK SPAIN REAL ESTATE 855-299-7653
Source: Stellar MLS,MLS#: TB8382426
Originating MLS: Orlando Regional

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Features: Walk-In Closet(s)
- Level: First
- Area: 238 Square Feet
- Dimensions: 17x14
Dining room
- Level: First
- Area: 165 Square Feet
- Dimensions: 15x11
Kitchen
- Level: First
- Area: 130 Square Feet
- Dimensions: 13x10
Living room
- Level: First
- Area: 351 Square Feet
- Dimensions: 27x13
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Oven, Dishwasher, Dryer, Freezer, Microwave, Refrigerator, Washer
- Laundry: In Garage
Features
- Ceiling Fan(s), Living Room/Dining Room Combo, Open Floorplan, Split Bedroom, Stone Counters, Walk-In Closet(s)
- Flooring: Tile, Hardwood
- Doors: Sliding Doors
- Has fireplace: No
Interior area
- Total structure area: 2,125
- Total interior livable area: 1,542 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage - Attached
- Attached garage spaces: 2
Features
- Levels: One
- Stories: 1
- Exterior features: Irrigation System
- Has view: Yes
- View description: Water, Lake
- Has water view: Yes
- Water view: Water,Lake
- Waterfront features: Lake Front, Lake Privileges
- Body of water: KELLY LAKE
Lot
- Size: 6,094 Square Feet
- Dimensions: 45 x 132
- Features: Landscaped
Details
- Parcel number: 232836139032000180
- Zoning: SFR
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Block, Wood Frame (FSC Certified)
- Foundation: Slab
- Roof: Shingle
Condition
- Completed
- New construction: No
- Year built: 1989
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Public
Community & HOA
Community
- Subdivision: VILLAS BY LAKE
HOA
- Has HOA: Yes
- Amenities included: Basketball Court, Cable TV, Clubhouse, Fitness Center, Pool, Recreation Facilities
- HOA fee: $182 monthly
- HOA name: David Rheinhart
- Pet fee: $0 monthly
Location
- Region: Lakeland
Financial & listing details
- Price per square foot: $198/sqft
- Tax assessed value: $259,635
- Annual tax amount: $3,827
- Date on market: 5/6/2025
- Ownership: Fee Simple
- Total actual rent: 0
- Road surface type: Paved
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