534 Caribbean DRIVE, Lakeland, FL, 33803 | $367,000

Discover waterfront living at its finest with this stunning home featuring a private gazebo right on the water. Start your mornings with a cup of coffee while taking in the serene views of the fountain and lake wildlife. If you need a break from the sun, retreat to the expansive screened lanai that overlooks the lake, offering a perfect spot for relaxation in the shade complete with tinted windows to keep it cool. The garage provides ample storage space for all your tools and more and a generator hook up.
The kitchen boasts elegant stone countertops, a spacious pantry, and room for a formal dining table—ideal for family gatherings and holiday feasts. The vaulted ceilings create an open and airy ambiance throughout the home. The generously sized master bedroom easily accommodates a king-size bed without feeling cramped and features a luxurious ensuite with a jetted tub and a full-size walk-in shower.
Located in the desirable community of Villas by The Lake, you'll have access to a range of amenities, including a community pool, fitness center, and a clubhouse with various activities. Conveniently close to medical offices, an urgent care clinic, shopping malls, including Lakeside Village Mall just minutes away, where you'll find shops, restaurants, and entertainment options. With easy access to the Polk Parkway, commuting is a breeze. Enjoy a stress-free lifestyle and take advantage of Florida's beautiful weather year-round. This community is not age-restricted, and the home has a new roof installed in 2017.

Features

  • Amenities: Clubhouse, Maintenance
  • Rooms: 3
  • Bedrooms: 3
  • Baths: 2 full
  • Lot Size: 45 x 132
  • Laundry: Inside
  • Year Built: 1993
  • Garage: 2-car
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 1,730
  • Acreage: 0.14
  • Lot Size: 45 x 132
  • Est. Taxes: $3,672
  • HOA Fee: $945 Quarterly
  • View: Water
  • Pet Policy: Breed Restrictions
  • Appliances: Dishwasher, Microwave, Range, Refrigerator
  • MLS#: L4947606
  • Days on Market: 76 days
  • Website: https://www.raveis.com
    /prop/L4947606/534caribbeandrive_lakeland_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 12/28/2024 7:32:51 PM)
Listing courtesy of TRIBUTE REALTY LLC   Phone: 863-450-2910

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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Our Insurance Division:

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534 Caribbean DRIVE, Lakeland, FL, 33803

$367,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $293,600 $293,600 $293,600
Term 360 months 360 months 180 months
Initial Interest Rate** 7.375% 7.125% 6.125%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.474% 7.282% 6.412
Monthly Tax Payment $306 $306 $306
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,028 $1,978 $2,497
Total Monthly Payment $2,409 $2,359 $2,878

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.