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$305,000

492 Caribbean Dr Lakeland, FL 33803

2 beds
2 full
1,542 sqft
0.1 acres
$198 / sqft
House

Property details

About 492 Caribbean Dr

Lakefront Living in the Heart of Lakeland – Updated Villa with Water Views and Resort-Style Amenities! Welcome to your peaceful retreat in Lakeland, FL—a city known for its charming lakes, vibrant downtown, and rapid growth in the heart of Central Florida. This beautifully updated 2-bedroom, 2-bath lakefront villa offers breathtaking water views, making it a rare find for those seeking low-maintenance, single-story living in a prime location. Inside, you’ll enjoy a move-in ready space featuring a updated kitchen with custom cabinets, stainless steel appliances, and durable tile flooring—perfect for easy upkeep. The open floor plan and High ceilings add a bright, airy feel, complemented by natural light from skylights and sliding glass doors that lead to a spacious sunroom with panoramic lake views—ideal for relaxing mornings, birdwatching, or entertaining guests. The primary suite is a true retreat, comfortably fitting a king-sized bed and featuring a walk-in closet, built-in desk, and private bath with a low-threshold shower for easy access. The second bedroom is perfect for guests or a home office, and the second bathroom also offers an easy-entry shower—great for those prioritizing accessibility and aging-in-place features. Outside, you'll find a covered front patio for shaded afternoons, an oversized one-car garage for extra storage, and the benefit of low HOA fees that include yard maintenance, cable, internet, and more—providing true maintenance-free living. Located just minutes from Lakeside Village, top-rated shopping, restaurants, medical centers, and with easy access to the Polk Parkway, this home offers the perfect blend of convenience and tranquility. Plus, enjoy access to resort-style community amenities including a pool, tennis courts, fitness center, and clubhouse—all with no age restrictions. Popular Features: Lakefront villa, Lakeland real estate, maintenance-free home, updated kitchen, low HOA, open concept, single-story, 55+ friendly (no age restrictions), move-in ready, Lakeside Village homes for sale, accessible bathrooms, peaceful views, community amenities. Don’t miss your opportunity to own a piece of Lakeland’s serene lifestyle. Schedule your showing today and experience the perfect combination of comfort, convenience, and value!

Highlights

Home typeSingle Family Residence
HeatingCentral
StatusActive
CoolingCentral Air
Size1,542 sqft
Lot size0.14 Acres
Year built1989
MLS #TB8382426
Attached garage2 spaces
WaterfrontLake Front
ViewWater

Summary

  • Full Bathrooms: 2
  • Appliances: Oven, Dishwasher, Dryer, Freezer, Microwave, Refrigerator, Washer
  • Flooring Type: Tile, Wood
  • Interior: Ceiling Fans(s), Living Room/Dining Room Combo, Open Floorplan, Split Bedroom, Stone Counters, Walk-In Closet(s)
  • Total Bedroom Count: 2
  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Private Pool: No
  • Waterfront: Lake Front
  • View: Water
  • Exterior: Sliding Doors
  • Heating: Central
  • Cooling: Central Air
  • List Price: $305,000
  • Price/SqFt: $197
  • HOA Amount: $545 Quarterly
  • Annual Tax Amount: $3,836
  • Tax Year: 2023
  • Lot: Landscaped, Paved
  • 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
  • Year Built: 1989
  • Stories: 1
  • Living Area: 1,542 SqFt
  • Lot Size: 0.14 Acres
  • MLS Number: TB8382426
  • MLS Name: MFRMLS
  • Office Name: MARK SPAIN REAL ESTATE
  • Office Phone: (855) 299-7653
  • Listing Agent: Justin Meyers

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Last updated on: 7/30/2025, 4:34:34 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
Oct 06, 2021
Home Sold
$269,900
Mar 13, 2017
Home Sold
$190,000
Jul 12, 2004
Home Sold
$150,000

Tax history

YearAssessmentProperty Tax
2023$258,011$3,836
2022$251,136$3,823
2021$113,944$3,823
2020$112,371$1,318
2018$107,797$1,970
2017$142,387$1,970

History based on county public records data.

Nearby schools

4

Carlton Palmore Elementary School

Public District PK-5

0.8 mi

3725 Cleveland Heights Blvd

6

Cleveland Court Elementary School

Public District KG-5

1.1 mi

328 E Edgewood Dr

6

Southwest Elementary School

Public District PK-5

1.2 mi

2650 Southwest Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $45,396. Typical income of Lakeland, FL residents is between $35k-100k annually. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.

How much money do the neighbors make?

39%
<35k
48%
35k-100k
9%
100k-200k
4%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

57%
Single, No Kids
10%
Single, with Kids
23%
Married, No Kids
10%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

11%
<11 yrs old
5%
12-17 yrs old
20%
18-34 yrs old
37%
35-64 yrs old
27%
65+ yrs old

What do the neighbors do for fun?

  • Figure SkatingFigure Skating
  • Horse RacesHorse Races
  • Pro BoxingPro Boxing

Where do the neighbors shop?

  • Chico'sChico's
  • Stein MartStein Mart
  • Family DollarFamily Dollar

Where do the neighbors go to eat?

  • Bob EvansBob Evans
  • LongHorn SteakhouseLongHorn Steakhouse
  • White CastleWhite Castle

What do the neighbors drive?

  • OldsmobileOldsmobile
  • BuickBuick
  • ChevroletChevrolet

What do the neighbors listen to?

  • NewsNews
  • Contemporary InspirationalContemporary Inspirational
  • RockRock
All data provided by Home Junction and Claritas

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Frequently asked questions

About 492 Caribbean Dr

The listing price of 492 Caribbean Dr property is $305,000.

The property 492 Caribbean Dr is a house located in Lakeland, Florida, 33803.

Active Listing: 492 Caribbean Dr is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 492 Caribbean Dr are: Carlton Palmore Elementary School (GreatSchools Rating 4/10), Cleveland Court Elementary School (GreatSchools Rating 6/10), Southwest Elementary School (GreatSchools Rating 6/10), Southwest Middle School (GreatSchools Rating 2/10), Lakeland Highlands Middle School (GreatSchools Rating 5/10), Rosabelle W. Blake Academy (GreatSchools Rating 2/10), Lakeland Senior High School (GreatSchools Rating 5/10), McKeel Academy of Technology (GreatSchools Rating 9/10), George Jenkins High School (GreatSchools Rating 5/10).

According to the records, the last property tax for 2023 is $3,836 (source: MLS/based on county public records data).

The last sale was on October 6, 2021 for $269,900 (source: MLS/tax record).

The property at 492 Caribbean Dr has 2 bedrooms and 2 bathrooms.

The property 492 Caribbean Dr is 1,542 SqFt (source: MLS/tax record).

The year of construction for 492 Caribbean Dr is 1989.

This home is located at 492 Caribbean Dr in Lakeland, FL and zip code 33803 in the Imperial neighborhood. This 1,542 square foot home, which was built in 1989, sits on a 0.14 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 6, 2025 and is currently priced at $305,000.

Lakeland, FL housing market in June 2025 saw over 34 listings sold above listed price, more than 54 sold at listed price and over 115 sold below. The number of listings in Lakeland, FL decreased by 0.9% between May and June 2025. The median list price of listings available in June 2025 was $323,356, while the average time on the real estate market was 65 days.

From Rocket Homes Real Estate and based on county public records data.

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