668 CARIBBEAN DRIVE, Davenport, FL, 33897 | $350,000

EXCEPTIONAL INVESTMENT OPPORTUNITY IN THE HIGHLY DESIRABLE ISLAND CLUB WEST COMMUNITY! This unique property offers two separate living spaces under one roof, making it ideal for short-term rentals, long-term rentals, multi-generational living, or owner-occupants seeking additional income potential.

Fully renovated and sold fully furnished, the home features two brand-new kitchens, new stainless steel appliances, and a new water heater. Designed to comfortably accommodate up to 10 guests, this property is perfectly positioned for vacation rental success. The seller already has scheduled Airbnb bookings in place and is willing to transfer future reservations to the new owner, providing immediate income potential from day one.

The property offers a total of 4 bedrooms and 3 bathrooms and is thoughtfully configured to maximize flexibility and rental income. The main residence features 3 bedrooms and 2 bathrooms with an open-concept living and dining area filled with natural light. Sliding glass doors provide beautiful views of the pond and community grounds.

The spacious primary suite boasts 10-foot ceilings, two walk-in closets, a large walk-in shower, and a skylight that enhances the bright and airy atmosphere. Enjoy relaxing mornings and breathtaking evening sunsets from the private patio overlooking the water.

The attached studio/in-law suite offers complete privacy with its own separate entrance, full kitchen, and full bathroom, making it perfect for guests, extended family, or an additional rental opportunity.

Located just minutes from Walt Disney World Resort, major attractions, shopping, dining, entertainment, and major highways, this property benefits from strong rental demand year-round. Resort-style community amenities include a swimming pool, hot tub, clubhouse, tennis courts, basketball court, volleyball court, and playground.

Whether you're looking for a primary residence, vacation home, or turnkey income-producing investment, this rare property offers endless possibilities in one of Central Florida's most sought-after vacation rental communities.

Features

  • Rooms: 9
  • Bedrooms: 4
  • Baths: 3 full
  • Laundry: Inside, Washer Hookup
  • Year Built: 2002
  • Heating: Electric
  • Cooling: Central Air
  • Approx Sq. Feet: 1,748
  • Acreage: 0.02
  • Est. Taxes: $3,672
  • HOA Fee: $220 Monthly
  • Elem. School: Citrus Ridge
  • Middle School: Davenport School of the Arts
  • High School: Ridge Community Senior High
  • Pet Policy: Yes
  • Appliances: Convection Oven, Dishwasher, Dryer, Electric Water Heater, Exhaust Fan, Ice Maker, Microwave, Refrigerator, Trash Compactor, Washer
  • MLS#: O6417596
  • Days on Market: 4 days
  • Website: https://www.raveis.com
    /prop/O6417596/668caribbeandrive_davenport_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 6/28/2026 11:45:02 PM)
Listing courtesy of FOWLKES REALTY CO   Phone: 407-361-2052

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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

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668 CARIBBEAN DRIVE, Davenport, FL, 33897

$350,000

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 $280,000 $280,000 $280,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.990% 6.375% 5.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.370% 6.512% 5.866%
Monthly Tax Payment $306 $306 $306
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,677 $1,747 $2,306
Total Monthly Payment $2,058 $2,128 $2,687

* 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.