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About this home
862 Caribbean Dr is a 2002-built home in Island Club West Ph 02, Davenport. Inside you'll find 4 bedrooms, 3 bathrooms, and 2,406 square feet of living space. Listed at $295,000 (about $123/sqft), 47 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable. HOA runs $230 monthly.
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.
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The essentials
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Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.
Price history
Neighborhood
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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. HOA includes any condo dues reported on the listing. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.
Quick answers.
Price
$295,000
$123 per sq ft
Beds and baths
4 beds, 3 baths
Size
2,406 sq ft
Time on market
47 days
Year built
2002
Monthly payment
About $2,134/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $2,614 annual tax bill, insurance, and the $230/mo HOA fee.
HOA fee
$230/mo
Managed by Michellette Ramos.
Flood zone
Zone X
That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.
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