120 CALADIUM AVENUE, LAKE ALFRED, FL, 33850
Active23 days on marketListed Sep 19, 2026MLS #S5157938
About this home
120 CALADIUM AVENUE
Build your dream home in the exclusive gated community of Water Ridge in Lake Alfred, Florida. This lakefront homesite offers a peaceful setting with beautiful water views and the opportunity to create a custom residence in one of Central Florida’s distinctive lake communities. Public water and sewer are available, along with electricity and underground utilities. Water Ridge offers an impressive collection of resort-style amenities, including a clubhouse, fitness center, saunas, community pools, tennis, pickleball and basketball courts, three boat docks, private community boat access, and boat trailer storage. Surrounded by Lake Alfred, Lake Van, and Lake Medora, the community provides an ideal setting for enjoying boating, fishing, and the Florida lifestyle while remaining conveniently accessible to Orlando, Disney, Lakeland, and Tampa. Whether you are looking to build a primary residence, second home, or secure land for the future, this homesite presents an exceptional opportunity in the growing Central Florida market.
Facts & features
The home at a glance
0.29 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 and the real association fee — not generic estimates.
$1,089 /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
$1,089/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 Water Ridge
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know Lake Alfred. See the full Lake Alfred guide →
Water Ridge — neighborhood snapshot
Population
256
Median age
46
Median income
$66,839
Median home value
$255,481
Avg household
3
Households w/ children
24%
For the school run
Polk County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Lake Alfred market
$311K → $337K
Lake Alfred median sold, yr/yr
98.4%
Sale-to-list ratio (12 mo)
Median sold price, Lake Alfred, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 70% below the LAKE ALFRED 33850 median. See the full Lake Alfred market guide →
Paper trail
This home's history
Reality check
What actually sold near 120 CALADIUM AVENUE
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Dec ’25$540,000
214 SPRING AZURE DRIVE · same community
4 bd · 2.5 ba · 1,934 sqft · $279/sqft · 97 DOM
Sold · Mar ’26$500,000
400 ADAMS VIEW LANE · same community
3 bd · 2 ba · 2,046 sqft · $244/sqft · 67 DOM
Sold · Sep ’26$485,000
545 POND CYPRESS COURT · same community
3 bd · 2.5 ba · 2,248 sqft · $216/sqft · 0 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
Iain Robinson
Broker Associate · CENTURY 21 Edge
Tours, negotiation, and every question about 120 CALADIUM AVENUE — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 120 CALADIUM AVENUE — before you fall in love.
See it in person
Schedule a tour
Live availability from Iain's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
120 CALADIUM AVENUE FAQs
What would the monthly payment be for 120 CALADIUM AVENUE?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $1,089/mo — principal and interest, the actual property-tax bill, the $175/mo association fee 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.
How much are the HOA fees at 120 CALADIUM AVENUE?+
The association fee works out to $175 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on 120 CALADIUM AVENUE?+
The most recent tax bill on record (2025) was $1,535. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Are pets allowed at 120 CALADIUM AVENUE?+
The listing reports pets: Yes. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Lake Alfred?+
At $99,000, this home is listed about 72% below the Lake Alfred median of $359,950. The market section on this page shows how the area is trending.
Which schools are assigned to 120 CALADIUM AVENUE?+
Lake Alfred Polytech Academy (middle), Lake Alfred Elementary School (elementary), Auburndale 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 EXP REALTY LLC · Juan Melo. MLS #S5157938.
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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