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For sale
  • Price cut: $25K (7/17)
    $305,000

    492 Caribbean Dr, Lakeland, FL 33803

    2beds
    1,542sqft
    : 
    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
    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.
    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#: TB8382426MLS LogoOriginating MLS: Orlando Regional

    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 492 Caribbean Dr.

    Next available tour time:Today at 11am

    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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