500 CARIBBEAN PLACE, KISSIMMEE, FL, 34759
Active156 days on marketListed Mar 10, 2026MLS #O6389519
About this home
500 CARIBBEAN PLACE
Prime residential lot opportunity in Poinciana, Polk County. Situated in a desirable residential area within the Poinciana master-planned community, this property offers convenient access to nearby highways (approximately 1.86 miles). The lot is located in Flood Zone A, a high-risk flood zone with a 1/100 annual chance of flooding. Building will likely require elevating the structure above the Base Flood Elevation (BFE), obtaining flood insurance, and adhering to strict local floodplain regulations, which can increase construction costs and permitting timelines. No wetlands are present on or near the property, allowing for development without additional federal or local wetland protections, permitting delays, or restrictions. The property is zoned DRI (Development of Regional Impact), a master planned overlay (not standard zoning). This allows single-family detached homes by-right due the master plan, modular/manufactured homes (often permitted), townhomes/rowhomes, limited multifamily (density for each approved DRI, typically 2-8 units/acre), and possible ADUs. Duplexes and apartments may require conditional approval. High-density mobile home parks are prohibited without a development order amendment. Buyer should verify all zoning, setbacks, utility availability, and development requirements with the Polk County Planning Department. The property is available for a self-guided tour. Subleasing is not permitted. This lot is not available for rent or lease.
Facts & features
The home at a glance
0.25 ac
Lot size
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$480 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$480/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Where it sits
Inside Lake Marion Village
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know Kissimmee. See the full Kissimmee guide →
Lake Marion Village — neighborhood snapshot
Population
11,407
Median age
42
Median income
$49,898
Median home value
$208,705
Avg household
3
Households w/ children
1,676
For the school run
Polk County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Kissimmee market
$365K → $350K
Kissimmee median sold, yr/yr
97.3%
Sale-to-list ratio (12 mo)
Median sold price, Kissimmee, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 79% below the KISSIMMEE 34759 median. See the full Kissimmee market guide →
Paper trail
This home's history
Reality check
What actually sold near 500 CARIBBEAN PLACE
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Jan ’26$246,000
1429 PUNTA GORDA DRIVE · same community
3 bd · 2 ba · 1,305 sqft · $189/sqft · 79 DOM
Sold · Dec ’25$243,200
1401 SEBRING COURT · same community
3 bd · 2 ba · 1,312 sqft · $185/sqft · 79 DOM
Sold · Apr ’26$280,000
1309 HILLSBOROUGH LANE · same community
4 bd · 2 ba · 1,500 sqft · $187/sqft · 228 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
Kamilla Pagotto
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about 500 CARIBBEAN PLACE — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 500 CARIBBEAN PLACE — before you fall in love.
See it in person
Schedule a tour
Live availability from Kamilla's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
500 CARIBBEAN PLACE FAQs
What would the monthly payment be for 500 CARIBBEAN PLACE?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $480/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on 500 CARIBBEAN PLACE?+
The most recent tax bill on record (2025) was $197. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
How does the price compare to other homes in Kissimmee?+
At $48,000, this home is listed about 87% below the Kissimmee median of $379,000. The market section on this page shows how the area is trending.
Which schools are assigned to 500 CARIBBEAN PLACE?+
Laurel Elementary School (elementary), Lake Marion Creek Middle School (middle), Haines City Senior High School (high) — Polk County School District. Always verify school assignments with the district before relying on them.
Keep looking
Similar homes nearby
Listing courtesy of SUNLAND REAL ESTATE, LLC. · Javier Santana. MLS #O6389519.
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 is deemed reliable but is not guaranteed accurate by Stellar MLS.
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