4
Map
$35,000
↑ $23K (180%)
●
Land -
For Sale
0 El Dorado Drive
Indian Lake Estates, FL 33898
Studio
0 Bath
$224
Est. Monthly
$32
HOA / Fees
About This Property
Owner financing considered. Vacant Lot in a golf , fishing &
boating community in Central Florida ! This Spacious 1-acre lot is
perfect to build your dream or retirement home and enjoy Florida
living at it's finest .Located just 20 miles east of Lake Wales ,
the community is centered around large lake renowned for excellent
pass fishing. It features a boat ramp , fishing pier , and an array
of amenities , including an 18-hole golf course , sports courts , a
clubhouse , restaurants , post office ,library ,fitness room , and
pro shop.
Conveniently located just an hour from Orlando and Tampa .Buyers to confirm all information and conduct due diligence .
Conveniently located just an hour from Orlando and Tampa .Buyers to confirm all information and conduct due diligence .
Unit Size
-
Days on Market
626 days
Land Size
1.00 acres
Price per sqft
-
Property Type
Land
Property Taxes
$20
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: 7 months ago (Beaches MLS #R11053288)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 24, 2025 | Price Increased |
$35,000
↑ $23K
(180%) | |
| Price Increased | |||
| Aug 11, 2025 | Sold | ||
| Sold | |||
| Jul 15, 2025 | In contract | - | |
| In contract | |||
| Jun 26, 2025 | Listed by WEICHERT, REALTORS-HALLMARK PR | $16,000 | |
| Listed by WEICHERT, REALTORS-HALLMARK PR | |||
| | |||
|
This gorgeous 0.50 high and dry, buildable property for single family homes only. No mobile homes permitted. It has access to many amenities within the community.
| |||
| Apr 4, 2025 | Listed | $28,000 | |
| Listed | |||
| | |||
|
Discover the endless possibilities with this prime piece of vacant land in beautiful Lake County! Nestled in a serene setting, this property offers the perfect canvas to build your dream home, start a new project, or invest in your future. With its convenient location near local amenities, schools, and recreational spots, you'll enjoy the best of both worlds—peaceful surroundings and easy access to modern conveniences. Whether you're envisioning a private retreat, a family haven, or a lucrative development opportunity, this land is ready to bring your vision to life. Don't miss out on this rare chance to own a slice of paradise in Lake County, Indian Lake Estates, FL.
| |||
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Property Highlights
Garage
Exterior Details
Lot Features: Cleared, OneToTwoAcres, Subdivision
Lot Size Area: 43612
Lot Size Units: Square Feet
Lot Size Acres: 1
Lot Size Square Feet: 43612
Financial Details
Tax Annual Amount: $236
Location Details
HOA Fee: $32
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Indian Lake Estates
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Listed by: Hala Saleh
LoKation
Last Updated: 7 months ago
Data Source: Beaches MLS, MLS# R11053288
All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. 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. The listing broker's offer of compensation is made to participants of BeachesMLS, where the listing is filed, as well as participants of MLSs participating in MLSAdvantage or a data share with BeachesMLS.
LoKation
Last Updated: 7 months ago
Data Source: Beaches MLS, MLS# R11053288
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