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Under contract-accepting backup offers. One or more photo(s) has been virtually staged. Short Sale. SHORT SALE: Welcome to 716 Caribou Drive, a bright and spacious 2-bedroom, 2-bathroom home with a flexible additional space that can function as a third bedroom or home office, located in the quiet, family-friendly neighborhood of Poinciana Village 3. This single-family residence features a thoughtful layout with a spacious kitchen and dining area, a brand-new dishwasher (2024), a cozy living room filled with natural light, and a fully enclosed lanai—perfect for relaxing or entertaining with garden views. The property is equipped with hurricane shutters on all windows and doors, providing added peace of mind. The low $90/month HOA includes access to a community pool, fitness center, basketball court, parks, playgrounds, and even cable and internet, offering exceptional value. The home is conveniently located just minutes from Publix, Walmart, Home Depot, Lowe’s, and the Poinciana Medical Center, with easy access to major roadways like Poinciana Parkway, Highway 17-92, and I-4. Major attractions such as Walt Disney World, Universal Studios, and the upcoming Epic Universe theme park are only 35 minutes away.
Poinciana is growing rapidly, with new developments bringing national retailers and restaurants to the area. Residents will also benefit from the upcoming retail additions at the SunRail station. Families will enjoy abundant outdoor recreational options within 15 miles, with popular spots like Vance Harmon Park and Poinciana Community Park offering a mix of sports courts, playgrounds, skate parks, and expansive green spaces. For date nights or exploring the local food scene, there’s a wide variety of restaurants offering unique culinary experiences. Fitness enthusiasts will also appreciate the proximity to top-rated gyms. Whether you’re looking for tranquility, convenience, or a well-rounded lifestyle, this home offers comfort and value in a rapidly developing community—perfect for families and professionals alike.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$170,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $136,000 | $136,000 | $136,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.490% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.628% | 5.866% |
| Monthly Tax Payment | $140 | $140 | $140 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $815 | $859 | $1,120 |
| Total Monthly Payment | $1,030 | $1,074 | $1,335 |
* 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.