12
Map
$15,000
●
Land -
For Sale
0 ALLAMANDA DR
INDIAN LAKE ESTATES, FL 33843
Studio
0 Bath
$118
Est. Monthly
$32
HOA / Fees
About This Property
Check out this 0.50 ACRE lot located in Indian Lake Estates! A
gated community featuring 2 golf courses (18 hole and 9 hole),
tennis, pickleball, and basketball courts, 23,000 SF clubhouse,
1200 ft fishing pier, marina with floating docks, and 20 boat
slips, lake pavilion with restrooms and kitchen, a restaurant,
churches, and more. LOW Annual HOA Fee! Just a few minutes from
Westgate River Ranch and a short drive to Vero Beach. Located close
to Highway 60. Don't miss out, CALL US TODAY!!
Unit Size
-
Days on Market
439 days
Land Size
0.50 acres
Price per sqft
-
Property Type
Land
Property Taxes
$12
HOA Dues
$32
Year Built
-
Listed By
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 5 months ago (Stellar MLS #P4935616)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 9, 2026 | Relisted | $15,000 | |
| Relisted | |||
| Apr 27, 2026 | No longer available | - | |
| No longer available | |||
| Jul 22, 2025 | Listed by ASSOCIATE REALTY | $15,000 | |
| Listed by ASSOCIATE REALTY | |||
| Jun 2, 2025 | Sold | ||
| Sold | |||
| Mar 14, 2025 | Listed by Keller Williams Realty of PSL | $15,000 | |
| Listed by Keller Williams Realty of PSL | |||
 | |||
|
Discover the perfect opportunity to build your dream home on this expansive 0.55 -acre lot located in the serene community of Indian Lake Estates . This community offers a wealth of amenities ,including an 18-hole golf course , a lake ideal for fishing and boating ,nature trails , a club house , library ,restaurant ,and more . Situated approximately 74.6 miles from Orlando and 81 miles from Tampa ,this lot provides a tranquil lifestyle with convenient access to major cities .Whether you're envisioning a primary residence or a vacation retreat , this lot offers the ideal setting . Buyers to verify all information and perform due diligence.
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Property Highlights
Exterior Details
Waterbody Name: LAKE WEOHYAKAPKA
Building Area Units: Square Feet
Lot Features: Wooded
Lot Size Area: 21841
Lot Size Units: Square Feet
Lot Size Acres: 0.5
Lot Size Square Feet: 21841
Lot Size Dimensions: 105 x 209
Tax Lot: 9
Water Source: None
Financial Details
Tax Annual Amount: $143
Utilities Details
Sewer : None
Location Details
HOA/Condo/Coop Amenities: Clubhouse, Fitness Center, Golf Course, Playground, Tennis Court(s), Pickleball Court(s)
HOA Fee: $385
HOA Fee Frequency: Annually
Comparables
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Type
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ft²
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HOA + Taxes
About Indian Lake Estates
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Listed by: Chrissi Jasso
ASSOCIATE REALTY
Last Updated: 5 months ago
Data Source: Stellar MLS, MLS# P4935616
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
ASSOCIATE REALTY
Last Updated: 5 months ago
Data Source: Stellar MLS, MLS# P4935616
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017