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$295,000

862 CARIBBEAN DRIVE, DAVENPORT, FL 33897

3D Tour
Active36 days on market

Beds

4

Baths

3

Sq Ft

2,406 sq ft

Year Built

2002

Lot Size

0.03 acres

Garage

,

About This Property

Welcome to 862 Caribbean Dr., a highly versatile property in the sought-after Island Club West community of Davenport, a community well-suited for short-term rentals. This unique home offers an attractive combination of flexibility, privacy, and investment potential, featuring a main 3-bedroom, 2-bath residence (Unit A) plus a separate 1-bedroom, 1-bath lockout unit (Unit B), each with its own independent access. The thoughtfully designed layout gives owners multiple options. Enjoy the entire property as a spacious 4-bedroom, 3-bath vacation home, or take advantage of the separate lockout configuration for added flexibility with guests, family, or rental arrangements. The private 1-bedroom unit provides an especially appealing opportunity for buyers seeking additional rental potential, subject to applicable community rules and regulations. Located in the heart of Davenport and conveniently close to Central Florida’s world-famous theme parks, golf courses, restaurants, shopping, and entertainment, this property is ideally positioned for the vacation-home market. Whether you're looking for a personal vacation retreat, a property with short-term rental potential, or a flexible investment opportunity, 862 Caribbean Dr. checks all the boxes. The combination of a desirable resort-style location, two living spaces, and proximity to Orlando-area attractions makes this a property worth seeing. One property. Multiple possibilities. Exceptional Central Florida location.

Property Overview

Property TypeResidential
Sub TypeTownhouse
MLS #S5156362
StatusActive
Year Built2002
Total Rooms9
ConstructionWood Frame
RoofShingle
FoundationSlab
FacesEast
SubdivisionISLAND CLUB WEST PH 02
CountyPolk
OwnershipFee Simple

Interior Features

InteriorCeiling Fan(s)
FlooringCarpet, Ceramic Tile, Vinyl
AppliancesOther
LaundryInside
CoolingCentral Air, Wall/Window Unit(s)
HeatingElectric
SecurityGated Community

Exterior & Lot

ExteriorNone
Lot Size0.03 acres (1,233 sq ft)
Lot FeaturesIn County
Road SurfaceAsphalt
0

Utilities

WaterPublic
SewerPublic Sewer
UtilitiesCable Available

Parking

GarageNo

HOA & Community

HOAYes
HOA Fee$230 / Monthly
Senior CommunityNo

Financial Details

List Price$295,000
Annual Taxes$2,614 (2025)
ZoningRES
Parcel #262514999986512020

Directions

From I-4, take Exit 55 for US-27 N. Continue north on US-27, then turn onto Sand Mine Road toward Island Club West. Turn into Island Club West and continue on Caribbean Drive to 862 Caribbean Dr., located on the left.

Location

862 CARIBBEAN DRIVE, DAVENPORT, FL 33897

Listing Information

OfficeVESTI LLC
ListedAugust 31, 2026

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Home Price

$295,000

20% ($59,000)
6.75%

Loan Term

Principal & Interest$1,531
Property Tax (est.)$270
Insurance (est.)$150
Total Monthly$1,951
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How to Buy This Home

Multiple financing options available for this $295,000 home in DAVENPORT.

🏛️

FHA Loan

$10,325 Down

Government-backed, low down payment. Credit scores as low as 580.

🎖️

VA Loan

$0 Down

Zero down for eligible veterans, active duty, and military families.

🏦

Conventional

$14,750 Down

Traditional financing. As low as 3-5% down with good credit.

🌾

USDA Loan

$0 Down

Zero down for eligible rural areas. Income limits apply.

Florida Down Payment Assistance Programs

You may qualify for up to $35,000 in assistance to cover your down payment and closing costs.

Florida Hometown Heroes

Up to $35,000

First-time buyers working in FL

FL Assist

Up to $10,000

FHA, VA, or USDA borrowers

FL HLP Second Mortgage

Up to $10,000

First-time buyers, 0% deferred

Polk County SHIP

Varies

Income-qualifying Polk residents

Can You Afford This Home?

Quick check based on the 28% debt-to-income rule. Not a guarantee, just a starting point.

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Listing information is deemed reliable but not guaranteed. All measurements and data should be independently verified. This information is provided by the Stellar MLS. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. IDX information is provided exclusively 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. Data last updated: September 1, 2026.

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