A new and distinct cultivar of Caladium plant named ‘Caribbean Coral’, characterized by its intermediate height and upright plant habit; leaf petioles that are upright to outwardly leaning with development; vigorous growth habit and rapid growth rate; strap (or lance) type leaves that are dark olive green in color with dark pink-colored venation surrounded with lighter pink areas and interveinal areas that are pink variably suffused with green in color with random greenish white and pink-colored spots; and petioles that are light green in color, distally tinged with pink and tan peak and tan green, and overall with brown-colored streaks, stipples and tessellations.
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